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Top 9 Short Sale FAQs

by Leila Mortaz | May 15, 2014 | Home Seller Tips, Los Gatos Short Sale, Real Estate (Residential), San Jose Short Sales, Short Sale Expert Advice, Short Sales

Despite the recent rise in home prices, some families in San Jose, Campbell, Saratoga and Los Gatos still have underwater mortgages that need to be rescued. 1) What is a Short Sale:   Short sale is when a property is sold for less than the sum of all the loans on the...

Don’t negotiate a Short Sale without knowing your home’s worth

by Leila Mortaz | May 6, 2014 | Home Seller Tips, Real Estate (Residential), San Jose Short Sales, Short Sale Expert Advice, Short Sales

Have you decided to short sale your home?  Are you negotiating with the bank? If you answered yes, is that you will need to know the Fair Market Value of your home before you start negotiating with the bank. The problem is that banks will order a Broker Price Opinion...

Your best options to avoid a home foreclosure

by Leila Mortaz | May 6, 2014 | Home Seller Tips, Los Gatos Short Sale, Real Estate (Residential), San Jose Short Sales, Short Sale Expert Advice, Short Sales

  Despite the huge rise in Silicon Valley home prices, there are still more than 45,000 loans that are underwater meaning that home values are still below the principal value of these loans. But what are the option for these home owners to avoid a home...

Can you qualify for a HAFA Short Sale in Silicon Valley?

by Leila Mortaz | Apr 22, 2014 | Home Seller Tips, Los Gatos Short Sale, Real Estate (Residential), San Jose Short Sales, Short Sale Expert Advice, Short Sales

Can you qualify for a HAFA Short Sale for your home in Silicon Valley?  The short answer might be no, but it requires some investigation. Despite the huge rise in home prices, 28% of home owner’s values are lower than their mortgage balance.   We do meet a lot...

San Jose Short Sales tax forgiveness to continue in 2014

by Leila Mortaz | Jan 31, 2014 | Home Seller Tips, Real Estate (Residential), San Jose Short Sales, Short Sales

Even though home prices have risen in the 1st half of 2013, there are still millions of homes with under water mortgage!   One alternative to avoid a foreclosure could be a Short Sale for your San Jose home. One of Short Sale benefits  is that your home loan is...

Why you should open your mail from Wells Fargo!

by Leila Mortaz | Oct 26, 2013 | Home Seller Tips, Real Estate (Residential), Residential Mortgage, San Jose Short Sales, Short Sale Expert Advice, Short Sales

Do you on a home with a Wells Fargo loan that is under water!?  Do you owe more money that you home might be worth!?    Well, you might be in luck since according to Kay Mauer the Short Sale Manage of Wells Fargo, the bank is interested in helping home owners iwth...
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