by David Mortaz | Jun 3, 2013 | Deferred Sales Trust, For Sale By Owner, Home Seller Tips, Real Estate (Residential)
Using a Trust to for managing Real Estate Assets is not new, but with the 2013 increase of Capital Gains tax they are becoming beloved tools of Financial Planners to help their clients avoid hefty Capital Gains Tax. In this post we wanted to high light the benefits of...
by David Mortaz | May 23, 2013 | Deferred Sales Trust, Home Buyer Tips, Home Seller Tips, Real Estate (Residential)
Many 401(k) plans allow employees to make a hardship withdrawal because of immediate and heavy financial needs. Generally, hardship withdrawal and distribution are limited to the amount of the employee’s contribution and do not include any income earned on the...
by David Mortaz | May 10, 2013 | Los Gatos Short Sale, Real Estate (Residential), Residential Mortgage, Short Sale Expert Advice, Short Sales
Deficiency Judgment is created when banks agree to a Short Sale of a property where they will net less money than it’s owed on the property. For example, when a $500,000 home is sold for $100,000 as part of a Short Sale, then the lender can issue a deficiency...
by David Mortaz | Apr 28, 2013 | Home Seller Tips, Real Estate (Residential), Short Sale Expert Advice
We have previously covered the eligibility requirements for a HAFA (Home Affordability Foreclosure Assistance) program in detail, but suffice to say that if the balance of your 1st loan is more than $729,750 then you will NOT qualify for a HAFA Short Sale. But...
by David Mortaz | Apr 25, 2013 | Real Estate (Residential), REOs, Short Sales
Broker Price Opinion or BPO as it’s known in the industry is a condensed version of a Real Estate Appraisal that banks order from a local Realtor to determine that value of your home. However, since there are no standardized information on each BPO and every...
by David Mortaz | Apr 24, 2013 | For Sale By Owner, Home Seller Tips, Real Estate (Residential)
According to National Association of Realtor’s March Report, Median Time to market for Homes in California dropped by 43.7% over the same prior last year! At the same time prices in California increased 28% ! So, if your property is not selling, then there...
