by Leila Mortaz | May 9, 2013 | Home Buyer Tips, Short Sale Expert Advice, Short Sales
After a recent cancellation of an offer on our San Jose Short Sale Listing; the owners of the property started asking us about why the buyers would cancel a offer on a property where they were competing bids! Here are some of the reasons our own buyers have told us...
by Leila Mortaz | May 9, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
Just like any profession, some Short Sale Negotiators are reputable and qualified to negotiate and facilitate Short Sales whereas others are not. And home owners have little tools to identify the qualified one’s from posers.Scammers solicit homeowners and...
by Leila Mortaz | May 9, 2013 | Short Sale Expert Advice, Short Sales
It’s always a wise idea to discuss the Tax implication of your Short Sale with your CPA or Tax Planner. However, home owners are generally protected against a deficiency judgment after a Short Sale. The Mortgage Forgiveness Debt Relief Act of 2007 provides an...
by Leila Mortaz | May 8, 2013 | Short Sale Expert Advice, Short Sales
The answer to this question is resounding YES!! But why the bank are willing to part with Relocation Money on Short Sales!? See the banks have a difficult job of romancing home owners to trust them after the Loan Modification disasters which was nothing but a photo...
by Leila Mortaz | May 8, 2013 | Home Buyer Tips, REOs, Short Sale Expert Advice, Short Sales
Buyers and investors want to pay the least amount of money while the banks want to Maximum Net on their Bank-Owned (REO) properties in USA. So, how can you develop a winning strategy for your buyers with REO Listings!?Here are some recommendation for REO buyers that...
by Leila Mortaz | May 7, 2013 | REOs, Short Sale Expert Advice, Short Sales
We recently represented an investor who purchased a Fannie Mae owned REO property located in San Jose California for rehab and resale. After waiting 2 week, Fannie Mae finally accepted our CASH offer; but shocked us with horrendous Deed Restrictions! Here are...
