by Leila Mortaz | Mar 16, 2014 | Home Buyer Tips, Real Estate (Residential), Residential Mortgage
Have you ever wondered where banks get the credit score they need to make lending decision for borrowers? Whether you are applying for a credit card or a residential home mortgage; your combined FICO score from will play an important role on the amount of credit and...
by Leila Mortaz | Mar 16, 2014 | Home Buyer Tips, Real Estate (Residential), Residential Mortgage
If you in the market to buy a home in Los Gatos, you will be competing with cash buyers and very little inventory. So, it’s critical to have your finances in order prior to starting your search in Los Gatos. In fact, most buyers wrongly assume that because...
by Leila Mortaz | Mar 16, 2014 | Los Gatos Fixer Upper, Los Gatos Rentals, Property Management, Real Estate (Residential), Tenant Screening
Shortage available homes for rent continued in 2013 and we had more rental applicants than homes to rent them. The out of balance picture of demand vs supply was one of the critical factors we were able to increase our clients rental income by 7-10% in 2014. In one...
by Leila Mortaz | Mar 14, 2014 | Home Buyer Tips, Real Estate (Residential), Residential Mortgage
I recently published a post about specific recommendation on improving your credit score. But what if you credit score was less than perfect and you were looking to get pre-approved for a mortgage loan? How would you make you loan appear less risky to the...
by Leila Mortaz | Mar 5, 2014 | Home Buyer Tips, Real Estate (Residential), Residential Mortgage
Since the Summer of 2013, we have entered a rising interest rate market where the rates have spiked much higher. In fact, recent decline of home sales in California is directly attributed to this rise in Mortgage Interest Rates. So, if banks have gotten nervous about...
by Leila Mortaz | Feb 27, 2014 | Home Buyer Tips, Los Gatos Fixer Upper, Real Estate (Residential)
We are working on several Los Gatos Fixer Uppers that would start hitting the market in May 2014. So, you have some time to get prepared specially if you are not going to purchase these homes for cash. Here are some basic information about this specific Fixer Upper...
