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Persistence pays off for underwater mortgage in Stockton

by Leila Mortaz | Oct 9, 2015 | News, Real Estate (Residential)

Nice win for the middle class with an underwater mortgage where the home value is much lower than the current value of the home.  Stockton was one of the hardest hit areas of recession where the home values declined substantially due to over-buildin. The bank finally...

Secrets of building weath with property remodel and flips

by Leila Mortaz | Oct 5, 2015 | Home Seller Tips, Real Estate (Residential), REOs, Short Sales

With the serious shortage of inventory in Silicon Valley, it harder to find a property let alone a fixer upper that you can use for flip for profit.  But there are still gems in some pockets of the valley that are ideal candidates for remodeling. Let’s assume...

Secrets of screening for best tenants

by Leila Mortaz | Oct 4, 2015 | Los Gatos Rentals, Property Management, Real Estate (Residential), San Jose Rental, Silicon Valley Rentals

Do you have rental properties that you manage yourself?  Do you screen your own tenants? Here are some secrets to find the best tenants for your rental properties: Check FICO Credit: You should use a Credit Reporting company that will provide you the rating from all 3...

This is what you get for $750 a month in San Francisco

by Leila Mortaz | Oct 2, 2015 | News, Real Estate (Residential), Silicon Valley life style, Silicon Valley Rentals

  Who says there is no housing crisis in Silicon Valley?   Photo: Craigslist Image 1of/1 Caption Close Image 1 of 1 A Potrero Hill suite with a bathroom is available for rent in San Francisco for $750 a month. Photo: Craigslist A Potrero Hill suite with a...

More than a Quarter of U.S. Homes Lost Value in the Last Year

by Leila Mortaz | Sep 22, 2015 | For Sale By Owner, Home Buyer Tips, News, Property Management, Real Estate (Residential)

SEATTLE, Sept. 22, 2015 /PRNewswire/ — More than a quarter of homes across the country lost value over the past year, despite the ongoing housing market recovery, according to the Zillow® August Real Estate Market Report[i]. Some markets have already surpassed...

This is how Donald Trump avoids Capital Gains tax

by Leila Mortaz | Sep 17, 2015 | Deferred Sales Trust, Home Seller Tips, Real Estate (Residential)

Taxpayer Relief Act of 1997 is set at $250,000 for single individuals and $500,000 for married couples in the sale of their primary residence.  The Act requires occupancy of the home as a Primary Residence for 2 of the past 5 years.  But if you were Donald Trump and...
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