by Leila Mortaz | May 21, 2014 | Home Seller Tips, Real Estate (Residential), Residential Mortgage
Despite the 13% gain in home prices in 2013, some of the home owners in San Jose are still dealing with underwater mortgages where they still owe more on their loan than their property’s value. In our last meeting with Wells Fargo’s Kay Mauer, Manager of...
by Leila Mortaz | May 20, 2014 | Home Seller Tips, Real Estate (Residential), Residential Mortgage, San Jose Short Sales, Short Sale Expert Advice, Short Sales
Even though home prices have risen in the 1st half of 2014, there are more than 4,500 Wells Fargo loans which are still underwater. One alternative to avoid a foreclosure could be a Short Sale for your San Jose home. In contrast to a foreclosure which will severely...
by Leila Mortaz | May 20, 2014 | Real Estate (Residential), Residential Mortgage
Dodd-Frank Wall Street reform act was the result of the catastrophic crash of US economy due to lack of oversight on Wall Street and big banks who were playing games with the mortgages. This reform act is intended to create a sound economic foundation to grow jobs,...
by Leila Mortaz | May 20, 2014 | Home Buyer Tips, Home Seller Tips, Real Estate (Residential), Residential Mortgage
Are you being tempted to sell your Silicon Valley home with the double digit appreciations you are seeing today? Are you ready to price your home for sale? Well, you will be well advised to consider the Top 6 factor that will impact your pricing: 1) Demand for homes...
by Leila Mortaz | May 17, 2014 | Home Buyer Tips, Home Seller Tips, Real Estate (Residential), Residential Mortgage
California home and condo sales were up 20.9% in March 2014 from February but were down 13.3 percent from March 2013. Both distressed and non-distressed property sales posted gains for the month. March 2014 distressed property sales gained 7.4 percent from February,...
by Leila Mortaz | May 17, 2014 | Real Estate (Residential), Residential Mortgage, San Jose Short Sales, Short Sale Expert Advice, Short Sales
One of the agencies created as part of Dodd-Frank Wall Street reform act was Consumer Finance Protection Bureau. Ironically, the person championing the cause of creating such an agency was the current senator from Massachusetts Senator Elizabeth Warren. The role of...
