by Leila Mortaz | Jun 21, 2013 | Home Buyer Tips, Home Seller Tips, Property Management, REOs, Short Sales
It used to be that we could find anything in a Phone Book Yellow pages, but if you are like me, I doubt you have seen or used a phone book for the past 5 years! So, internet and referrals are your best sources to find a Los Gatos Real Estate broker. But before you...
by Leila Mortaz | Jun 21, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
A Short Sale refer to a case where a homeowner owes more on his mortgage than his home’s Fair Market Value. In this case when this home is listed and sold, the proceeds of the Sale will NOT generate enough funds to clear all the liens or mortgages against the...
by Leila Mortaz | Jun 20, 2013 | Home Seller Tips, REOs, Short Sale Expert Advice, Short Sales
Short Sale of your home is one of the options for home owners to avoid foreclosure. In this blog we will examine the 10 documents that will be required to get your Short Sale Negotiations started.1) Hardship Letter: Hardship is the letter that states your reasons as...
by Leila Mortaz | Jun 20, 2013 | Home Seller Tips, Short Sale Expert Advice, Short Sales
Most home owners who attempted a loan modification with their lender, have become convinced that banks have insane practices. But are the banks now offering Relocation The answer to this question is resounding YES!! But why the bank are willing to part with...
by Leila Mortaz | Jun 19, 2013 | Home Seller Tips, REOs, Short Sales
According to California based Foreclosure Radar which tracks the Foreclosure activity in Gilroy decling a decline of 20% for Notice of Default filings despite a 100% increase last month!! Also, the Notice of Sales declined by 6% which shows the number of homes...
by Leila Mortaz | Jun 18, 2013 | Home Seller Tips, Short Sales
If Short Sale is one of the options you are exploring and the alternative is a Foreclosure, then you owe it to yourself to explore the impact of Short Sale on your credit along with other benefits of a Short Sale. Short Sale of your home is one of the options...
