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Ten items requied by your lender to approve a San Jose Short Sale

by Leila Mortaz | Jun 20, 2014 | Home Seller Tips, Los Gatos Short Sale, Real Estate (Residential), San Jose Rental

Are you struggling to make your San Jose house payment?  Are you exploring a Short Sale? Well, one of the most critical requirements for a Short Sale is financial hardship.    But before you initiate a Short Sale with your lender, you should contact the US Department...

Top 5 questions to explore when staging your home

by Leila Mortaz | Jun 20, 2014 | For Sale By Owner, Home Buyer Tips, Real Estate (Residential), Silicon Valley life style

Research data shows that home buyers have a hard time imaging how they would best use utilize the “empty spaces” when they are buying homes.  This is the exact challenge that staging solves for sellers since it can shorten the marketing and sales cycle....

For Sale by Owners must avoid pre-qualified buyers

by Leila Mortaz | Jun 19, 2014 | For Sale By Owner, Home Seller Tips, Real Estate (Residential), Residential Mortgage

Are you tempted to sell your own home?  Have you prepared yourself to screen potential buyer? Well, you are in for a decent amount of work to sift through pre-approved vs pre-qualified buyers. For years we have been marketing  bank-owned (REO) properties and you would...

Pitfalls of buying homes at Silicon Valley Trustee Sale auctions

by Leila Mortaz | Jun 19, 2014 | Home Buyer Tips, Real Estate (Residential)

Are you temped by the lure of buying homes at the Silicon Valley auctions ?  Are you paying cash in hopes of immediate possession?  Well, you might be in for a rude awakening since there are some serious pitfalls about buying homes at Trustee Sale auctions. In fact,...

Read this before buying a Silicon Valley Short Sale home

by Leila Mortaz | Jun 19, 2014 | Home Buyer Tips, Los Gatos Short Sale, Real Estate (Residential), San Jose Short Sales, Short Sales, Silicon Valley life style

I never forget one our Short Sale transactions where the bank didn’t like the way the buyer’s name was listed on the purchase contract and suspected fraud.  But the kicker was that they were not telling us or the negotiator about the problem, so the...

Fed announces plans to raise rates next year

by Leila Mortaz | Jun 18, 2014 | Home Buyer Tips, Real Estate (Residential), Silicon Valley life style

The Fed announced, today that it would reduce the monthly bond purchases by $10 billion in July 2014 to $35 billion. The plan is to end these purchases before the end of 2014. It also affirmed that it is likely to start raising its benchmark interest rate next year....
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We buy, sell and manage properties in Silicon Valley including Los Gatos, Campbell, Saratoga, San Jose.

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