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 30, 2014 | Home Buyer Tips, Real Estate (Residential), Residential Mortgage
Are you in the market to purchase a home in 2014? Have you talked to a lender or a mortgage broker? In order to make your loan application process go smoothly, you’ll need to collect and organize a few key pieces of financial information. Application Checklist You...
by Leila Mortaz | Mar 20, 2014 | Los Gatos Fixer Upper, Real Estate (Residential), Residential Mortgage, Small Bathroom Remodel, Small Kitchen Remodel
Home Improvement Projects such as a Kitchen and Bathroom remodels add significant value to your home if they are done properly. In fact, remodeling your kitchen and Master Bath will increase the sale price of your house by 10-30% according to National Association of...
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 | Mar 16, 2014 | Home Buyer Tips, Real Estate (Residential), Residential Mortgage
Have you ever wondered where banks get the credit score they need to make lending decision for borrowers? Whether you are applying for a credit card or a residential home mortgage; your combined FICO score from will play an important role on the amount of credit and...
by Leila Mortaz | Mar 16, 2014 | Home Buyer Tips, Real Estate (Residential), Residential Mortgage
If you in the market to buy a home in Los Gatos, you will be competing with cash buyers and very little inventory. So, it’s critical to have your finances in order prior to starting your search in Los Gatos. In fact, most buyers wrongly assume that because...
