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Wells Fargo will pay you to move if you have a Wachovia loan

by Leila Mortaz | May 22, 2014 | Home Seller Tips, Real Estate (Residential), San Jose Short Sales, Short Sales

Do you have Wells Fargo loan for your San Jose home?  Was this loan originated by Wachovia bank ? Well, as you know Wells Fargo acquired Wachovia several years ago and inherrited a lot of their troubled subprime loans. And now they want to get these bad loans off...

Why should you be caution about renting your vacation home with Airbnb

by Leila Mortaz | May 22, 2014 | Property Management, Real Estate (Residential)

Do you have a vacation rental?  Are you marketing the rental yourself?  Well, the upstart Airbnb has created a well branded service to help vacation home owners marketing their homes.   The neat part of Airbnb is the marketing savvy they bring to the owner of a...

Free tenant screening app for do-it-yourself landlords

by Leila Mortaz | May 21, 2014 | campbell rentals, Los Gatos Rentals, Property Management, Real Estate (Residential), San Jose Rental, Tenant Screening

  http://youtu.be/eNXOXQgVuV0 Are you an out-of-state land lord?  Do you have rental properties in San Jose, Los Gatos, Campbell or Saratoga?  Well, if you manage these properties yourself then there might be Cloud based application that can help you. Meet...

Some numbers to consider before pricing your home for sale

by Leila Mortaz | May 21, 2014 | For Sale By Owner, Home Buyer Tips, Home Seller Tips, Real Estate (Residential)

One of the good services that Trulia offer is their Home Price index and the research they are conducting with home buyer and seller.  Last year, Trulia published an interesting research showing how far buyers are willing to go to get a house. This is so relevant to...

Foreclsoure crisis not over for some San Jose home owners

by Leila Mortaz | May 21, 2014 | Home Seller Tips, Real Estate (Residential), Residential Mortgage

Despite the 13% gain in home prices in 2013, some of the home owners in San Jose are still dealing with underwater mortgages where they still owe more on their loan than their property’s value.   In our last meeting with Wells Fargo’s Kay Mauer, Manager of...

Tax forgiveness on San Jose short sales will expire in 2014

by Leila Mortaz | May 20, 2014 | Home Seller Tips, Real Estate (Residential), Residential Mortgage, San Jose Short Sales, Short Sale Expert Advice, Short Sales

Even though home prices have risen in the 1st half of 2014, there are more than 4,500 Wells Fargo loans which are still underwater.   One alternative to avoid a foreclosure could be a Short Sale for your San Jose home. In contrast to a foreclosure which will severely...
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