by Leila Mortaz | Oct 18, 2010 | REOs, Short Sale Expert Advice
During a loan modification negotiations for a client we were shocked to discover that the employees of Collection Dept at the Tampa based Quantum Servicing were paid commissions to collect as much money as possible. Well, this might sound like good company policy; ...
by Leila Mortaz | Sep 30, 2010 | Home Buyer Tips, Home Seller Tips, REOs, Short Sale Expert Advice, Short Sales
I recently saw a Trulia question from a buyer who was wondering why the price of a Los Gatos property was listed so low. There was typical answers about the locations, proximity to train tracks, school district….etc. But no one had considered the unlisted...
by Leila Mortaz | Oct 5, 2009 | Home Buyer Tips, Home Seller Tips, REOs
We have marketed bank-owned (REO) properties for the past 8 years and you would think by now most Realtors who have written at least a dozen or so offers to be able to distinguish a Pre-Qual from Pre-Approval?! Well, we are not that lucky. So at the expense of public...
by Leila Mortaz | Oct 5, 2009 | Real Estate (Residential), REOs, Residential Mortgage, Short Sale Expert Advice
Is Recession really over?Just in case you were wondering how hot the real estate market is in San Jose, we just received a Cash offer for $320,000 on one of our Bank-Owned (REO) properties that we just listed 3 hours ago for $275,500. I know Goldman Sachs and other...