by Leila Mortaz | Sep 12, 2015 | Home Buyer Tips, Los Gatos Real Estate, Los Gatos Rentals, Property Management, Real Estate (Residential), Residential Mortgage
Despite the increasing possibility that the FED will raise the interest rates in one week, we still believe it’s a great time to take advantage of these low rates and buy investment property. But just like any other investment, buying income properties will...
by Leila Mortaz | Aug 28, 2015 | Home Seller Tips, Real Estate (Residential), Residential Mortgage
It was not too long ago that shady Subprime loansand crashed the US economy. But we had predicted that the liar loans won’t be too far off with inflated appraisals that were appearing on underwriter’s desk. Well, we are happy to report that Liar Loans...
by Leila Mortaz | Aug 6, 2015 | Property Management, Real Estate (Residential), Residential Mortgage, San Jose Rental, Silicon Valley life style, Silicon Valley Rentals
Do you have California rentals? Are you marketing your home as a rental on Airbnb? As you know Airbnb has created a well branded service to help home owners market their homes for rent. But these rental income opportunities could have unintended consequences....
by Leila Mortaz | Dec 8, 2014 | Home Buyer Tips, Real Estate (Residential), Residential Mortgage
When I read the story on Wall Street Journal about the inflated appraisals coming back, I had no choice but to think about the heady days on the Real Estate boom where we offered a $650,000 for a 4 bedroom home in King City, California. My husband & I invested in...
by Leila Mortaz | Nov 1, 2014 | Home Buyer Tips, Real Estate (Residential), Residential Mortgage
If you had tried to qualify for a home mortgage during the past 2 years, you would have learned a hard lesson that the banks were not interested in loaning money. One friend who wanted to borrow $300,000 on a $3M home in Bel Air could not believe the amount of red...
by Leila Mortaz | Oct 22, 2014 | Real Estate (Residential), REOs, Residential Mortgage
For the past few years, everyone involved with Bank Owned (REO) properties is aware of shadow inventory. The rational given for the shadow inventory is that the banks do not want to crash the real estate market and cause a massive jolt to the tepid economic...