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Top 10 Secrets of buying Short Sale Homes!

by David 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 David 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...

“William is NOT Bill” when negotiating a Short Sale

by David 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 David 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 David 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...

Is this a good time to sell your San Francisco home?

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

S&P/Case-Shiller Home Index, average home prices increased 9.3% for the 20-City composites in the 12 months ending February 2013.   According to this report, San Francisco market alone experienced a whopping 18.9% increase in the 1 year since Feb 2012. But will...
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