by Leila Mortaz | May 20, 2014 | Real Estate (Residential), Residential Mortgage
Dodd-Frank Wall Street reform act was the result of the catastrophic crash of US economy due to lack of oversight on Wall Street and big banks who were playing games with the mortgages. This reform act is intended to create a sound economic foundation to grow jobs,...
by Leila Mortaz | May 20, 2014 | Home Buyer Tips, Home Seller Tips, Real Estate (Residential), Residential Mortgage
Are you being tempted to sell your Silicon Valley home with the double digit appreciations you are seeing today? Are you ready to price your home for sale? Well, you will be well advised to consider the Top 6 factor that will impact your pricing: 1) Demand for homes...
by Leila Mortaz | May 19, 2014 | Los Gatos Rentals, Property Management, Real Estate (Residential), Tenant Screening
If you are renting a Los Gtos home? Do you know if you have a valid and binding agreement that can survive a court challenge? A valid California rental lease agreement must contain certain clauses. In fact, leaving out one such as a Mediation clause, can expose...
by Leila Mortaz | May 18, 2014 | Home Buyer Tips, Home Seller Tips, Los Gatos Fixer Upper, Los Gatos Living, Real Estate (Residential)
Los Gatos home prices continued their surge in April 2014. Fueled by shortage of inventory the Median Home price of Los Gatos homes jumped 0.6% to $1,471,000 higher compared to April 2013. However, the tell-tell sign of tight inventory was the number of sales in the...
by Leila Mortaz | May 17, 2014 | Home Buyer Tips, Home Seller Tips, Real Estate (Residential), Residential Mortgage
California home and condo sales were up 20.9% in March 2014 from February but were down 13.3 percent from March 2013. Both distressed and non-distressed property sales posted gains for the month. March 2014 distressed property sales gained 7.4 percent from February,...
by Leila Mortaz | May 17, 2014 | Real Estate (Residential), Residential Mortgage, San Jose Short Sales, Short Sale Expert Advice, Short Sales
One of the agencies created as part of Dodd-Frank Wall Street reform act was Consumer Finance Protection Bureau. Ironically, the person championing the cause of creating such an agency was the current senator from Massachusetts Senator Elizabeth Warren. The role of...
