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Top 10 Secrets of buying Short Sale Homes!

by Leila Mortaz | May 30, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales

Buying Short Sale Homes is not for a faint of heart since there are more moving parts than a typical buy from a seller.  The Short Sale approval process is a convoluted process tangled in legal and compliance need of banks who are holding this property as a collateral...

Questions you wish you had answered before you started a House Flip!

by Leila Mortaz | May 29, 2013 | Home Buyer Tips, Home Seller Tips, Los Gatos Fixer Upper, Short Sales, Small Bathroom Remodel, Small Kitchen Remodel

Flipping homes for profits has become a celebrity sports with the popularity of HGTV programs that make it irresistible to see a housetransformed in a 30 minutes show!     Shows like FLIP IT TO WIN It and others like Than Merril of Fortune Builder have created a...

Insane Bank Practices: Why bank appraisals makes no sense!

by Leila Mortaz | May 29, 2013 | Home Buyer Tips, Home Seller Tips, REOs, Short Sale Expert Advice, Short Sales

If you are considering a Short Sale, you are playing a Poker Game with the bank and they already have seen your cards!!  Allow us to explain.  In order to determine Value of your Home, the Banks use Broker Price Opinion (BPO) which is a condensed version of a  Real...

“William is NOT Bill” when negotiating a Short Sale

by Leila Mortaz | May 29, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales

Negotiating a Short Sale these days requires a lot of patience and attention to detail.   That’s why we were very surprised by our own success to get Short Sale approved within 12 days after the appraisal was sent to the property!  Considering that one our Short...

Danville Foreclosure Activity for May 2013!

by Leila Mortaz | May 28, 2013 | Home Buyer Tips, Home Seller Tips, REOs, Short Sales

Danville, California is a nice bedroom community located in Contra Costa County to the East of San Francisco Bay.  Foreclosure Activity  in Danvile increased Notice of Default filings 97%% while Note of  Sales were unchanged compared to April 2012.  This means that...

Why US banks need homeowners’ help with Short Sales?

by Leila Mortaz | May 27, 2013 | Home Buyer Tips, Home Seller Tips, Los Gatos Fixer Upper, REOs, Short Sale Expert Advice, Short Sales

With US banks making more money on Short Sales than REOs, they are encouraging more home owners to try Short Sales.  But here’s the rub!  Consumers no longer trust the banks specially after the Loan Modification disasters which proved to consumer that banks were...
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We buy, sell and manage properties in Silicon Valley including Los Gatos, Campbell, Saratoga, San Jose.

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"Great Team, Very easy to work with. Leili and David helped me purchase an REO and made the process a pleasure. I would highly recommend this team if you want to buy a foreclosure. Thank you so much!!"

-Leo on his REO Purchase, Los Gatos

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