by Leila Mortaz | Mar 31, 2014 | Real Estate (Residential), REOs, Residential Mortgage, Short Sales
It was the height of the REO and Short Sales in California in 2011 when we got a referral by a friend who had a underwater mortgage in Aptos. The townhouse however, was not owner occupied and had tenants living in it. After the initial phone interview to better...
by Leila Mortaz | Mar 17, 2014 | Home Buyer Tips, Real Estate (Residential), REOs, Residential Mortgage
While marketing Bank-Owned (REO) properties during the past decade, banks required us to only submit offers from Pre-Approved buyers. So, what is the difference between a Pre-Qual and a Pre-Approval? So at the expense of public service and helping our fellow real...
by Leila Mortaz | Feb 26, 2014 | Los Gatos Fixer Upper, Real Estate (Residential), REOs, Short Sales
Finding a Los Gatos Fixer Upper is much tougher than finding an honest Used Car Dealer! But kidding aside the shortage of inventory has created such a huge demand that even Fixer Upper homes are getting out of reach of most Silicon Valley buyers. Below is the Top 4...
by Leila Mortaz | Feb 17, 2014 | Home Buyer Tips, Home Seller Tips, Los Gatos Fixer Upper, Real Estate (Residential), REOs, Short Sales
If you have a Campbell Fixer Uppers, we have the cash buyers for it. We have been using the following resources to identify Campbell Fixer Uppers for our clients: 1) Craigs List: We Search CraigsList for home that have been listed by owners (FSBO). With the tight...
by Leila Mortaz | Nov 23, 2013 | REOs, Short Sale Expert Advice
Buying a Short Sale home is NOT for the faint of heart cause there are too many moving parts including a lender who could be trying to foreclosure on the property and a stressed seller who might NOT be sharing all of their plans with their listing agent. So, if you...
by Leila Mortaz | Sep 30, 2013 | Home Seller Tips, Real Estate (Residential), REOs, San Jose Short Sales, Short Sale Expert Advice, Short Sales
Even though home prices have risen in the 1st half of 2013, there are still millions of homes with under water mortgage! One alternative to avoid a foreclosure could be a Short Sale for your San Jose home. One of Short Sale benefits is that your home loan is...
