by Leila Mortaz | May 29, 2013 | Home Buyer Tips, Home Seller Tips, REOs, Short Sale Expert Advice, Short Sales
If you are considering a Short Sale, you are playing a Poker Game with the bank and they already have seen your cards!! Allow us to explain. In order to determine Value of your Home, the Banks use Broker Price Opinion (BPO) which is a condensed version of a Real...
by Leila Mortaz | May 28, 2013 | Home Buyer Tips, Home Seller Tips, REOs, Short Sales
Danville, California is a nice bedroom community located in Contra Costa County to the East of San Francisco Bay. Foreclosure Activity in Danvile increased Notice of Default filings 97%% while Note of Sales were unchanged compared to April 2012. This means that...
by Leila Mortaz | May 27, 2013 | Home Buyer Tips, Home Seller Tips, Los Gatos Fixer Upper, REOs, Short Sale Expert Advice, Short Sales
With US banks making more money on Short Sales than REOs, they are encouraging more home owners to try Short Sales. But here’s the rub! Consumers no longer trust the banks specially after the Loan Modification disasters which proved to consumer that banks were...
by Leila Mortaz | May 27, 2013 | Home Buyer Tips, Home Seller Tips, Los Gatos Fixer Upper, REOs, Short Sale Expert Advice, Short Sales
S&P/Case-Shiller Home Index, average home prices increased 9.3% for the 20-City composites in the 12 months ending February 2013. According to this report, San Francisco market alone experienced a whopping 18.9% increase in the 1 year since Feb 2012. But will...
by Leila Mortaz | May 26, 2013 | Home Buyer Tips, Home Seller Tips, REOs, Short Sales
Pleasant Hill is a bedroom community located to the East of San Francisco Bay. Foreclosure Activity in Pleasant Hill for Notice of Default filings increased by 100 while Note of Sales declined by 22% compared to April 2012. This means that there should be more...
by Leila Mortaz | May 25, 2013 | Home Seller Tips, REOs, Short Sales
Redwood City is home to Oracle Corporation which is one of the largest High Tech employers in Northern California. Foreclosure activity in Redwood City for Notice of Default filings increased by 60% while Note of Sales increased by 55% compared to April 2012. This...
