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Insane Bank Practices: Contacting a Short Sale owner 3 months after the sale!

by Leila Mortaz | Aug 30, 2013 | Home Buyer Tips, Home Seller Tips, Los Gatos Fixer Upper, REOs

I got a call today from the owner of a San Jose Short Sale that we had sold more than 3 months ago!   Delighted the conversation turned to some paper work about the trustee transfer that her lender had sent her!    She wanted to know what she was supposed to do with...

Winning at Foreclosure Auction does not mean immediate possession!

by Leila Mortaz | Aug 29, 2013 | Home Buyer Tips, Home Seller Tips, REOs

Buying homes at the court house auctions appeal to a lot of cash investors since they are buying properties at a discount in some markets.   But just like anything other risky ventures, the gain in price point for your property purchase could come with some serious...

What is Transition Assistance Program?

by Leila Mortaz | Aug 28, 2013 | Home Seller Tips, REOs, Short Sales

Transition Assistance Program is designed to help eligible home homeowners with Short Sale or Deed-in-Lieu programs.  The program offers a one time fee of up to $5,000 per hour hold that can be used to relocation assistance.  Funds are intended to help home owners...

Gilroy Foreclosure Data for July 2013!

by Leila Mortaz | Aug 27, 2013 | Home Buyer Tips, REOs, Short Sales

So you want to find investment properties in Gilroy!?  Is Gilroy is a good market to purchase REOs and Auction bound properties?!  Well, lets see what happened to the Gilroy market for July 2013. The Foreclosure data makes it rather clear that the number of REOs and...

Campbell Foreclosure Data for July 2013!

by Leila Mortaz | Aug 27, 2013 | Home Buyer Tips, Home Seller Tips, Los Gatos Fixer Upper, REOs, Short Sales

Some of our investors and buyers are interested in purchasing rentals in Campbell, but they are frustrated by the lack of inventory of distressed homes.   And by all indications the inventory situation is not going to get better any time soon.   Here’s why!...

San Jose Foreclosure data for July 2013!

by Leila Mortaz | Aug 27, 2013 | Home Buyer Tips, Los Gatos Fixer Upper, REOs, Short Sale Expert Advice, Short Sales

Are there any chances to buy Foreclosures properties in San Jose!?   The data makes it rather discoursing to think that there will be many opportunities to buy REOs and Auction properties in San Jose.  Below is the chart of San Jose foreclosure Data from Property...
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"Great Team, Very easy to work with. Leili and David helped me purchase an REO and made the process a pleasure. I would highly recommend this team if you want to buy a foreclosure. Thank you so much!!"

-Leo on his REO Purchase, Los Gatos

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