by Leila Mortaz | Jun 11, 2013 | Home Seller Tips, Los Gatos Fixer Upper, Property Management, REOs
It was early 2005 when we started performing Broker Price Opinions for Banks and Asset Management companies! The market was still booming but after several high flying Sub-prime lenders folded, we started focusing on becoming REO Listing Agents. We had no idea...
by Leila Mortaz | Jun 11, 2013 | Home Seller Tips, Property Management, REOs
When banks anticipated the foreclosure of millions of properties, after the Real Estate crash of 2006 they reached out to Asset Management companies to help them with the task of liquidating these assets using Realtors as un-paid Property Managers!! The role of...
by Leila Mortaz | Jun 10, 2013 | Home Buyer Tips, Los Gatos Fixer Upper, REOs
As we all know banks are not in the business of managing properties. So, after the Real Estate crash of 2006 some banks reached out to these Asset Management companies to help them with the task of liquidating millions of Real Estate assets which they were going to...
by Leila Mortaz | Jun 10, 2013 | Home Buyer Tips, Home Seller Tips, Real Estate (Residential), REOs
Lost in the euphoria associated with double digit increase in home values, are the critical reasons why the US Housing Recovery in more than 48 States can NOT be a good indicator of the overall heath of the US economy. Let’s explore an example: We recently...
by Leila Mortaz | Jun 9, 2013 | Home Buyer Tips, Home Seller Tips, Los Gatos Fixer Upper, REOs
Bank reposssion of homes are not restricited to the low-end homes. REOs happen on luxruy homes as well. In 2011 we were excited when we were assigned a Bank Owned (REO) property. This home was located in Los Gatos and qualified as an ideal Los Gatos Fixer Upper...
by Leila Mortaz | Jun 8, 2013 | Home Seller Tips, Los Gatos Fixer Upper, REOs
Selling your home in this hyper-active market requires some planning since you don’t want leave money on the table. Here are some of the Top 5 Tips in Negotiating the best price for your home: 1) Know your Home’s Value: Why not learn from the banks who...
