by Leila Mortaz | May 18, 2013 | Home Buyer Tips, REOs
Bank Owned (REO) properties are the assets that banks are unable to sell for cash at the Foreclosure Auction which causes them to take possession and secure them for marketing them to retail buyers. For starters you are NOT negotiating with the bank directly and...
by Leila Mortaz | May 18, 2013 | Home Buyer Tips, REOs, Short Sale Expert Advice, Short Sales
Buying Foreclosure properties as rental investments still offers the greatest opportunity to create passive income for most investors. However, understanding the Foreclosures trends in your target market should be a critical component of your strategy to win in your...
by Leila Mortaz | May 18, 2013 | REOs, Short Sales
Foreclosure Radar which tracks the Foreclosure activity shows that Notice of Default filings in Sunnyvale for April 2013 increased by %35! This means that the in the coming months there should be additional inventory of Foreclosures coming to Sunnyvale. But as our...
by Leila Mortaz | May 17, 2013 | Home Buyer Tips, Home Seller Tips, REOs, Short Sale Expert Advice, Short Sales
California is one of the State where the bank do NOT need to take the home owners to court to re-posses their home. This is also called a non-judicial foreclosure. So, if you have NOT made any payments on your property for the past 2 years and you are wondering how...
by Leila Mortaz | May 17, 2013 | Home Seller Tips, REOs, Short Sale Expert Advice, Short Sales
California is one of the State where the bank do NOT need to take the home owners to court to re-posses their home. This is also called a non-judicial foreclosure. So, if you have NOT made any payments on your property for the past 2 years and you are wondering how...
by Leila Mortaz | May 17, 2013 | REOs
Buying a Bank Owned (REO) property is a purchase from an institutional seller and is very different from buying from a private seller. For starters you are NOT negotiating with the bank directly and there are 2 entities between you and the bank. One is the REO...
