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Top 5 reasons why Short Sale are denied!

by Leila Mortaz | Oct 1, 2013 | Home Seller Tips, Real Estate (Residential), San Jose Short Sales, Short Sale Expert Advice, Short Sales

During our monthly meetings with Wells Fargo Short Sale team, they shared a list of more than 16 items that cause Short Sales to be denied.   Ironically, majority of these items can be easily managed if your San Jose Short Sale agent pays close attention to details....

How could you avoid foreclose of your San Jose home!

by Leila Mortaz | Sep 30, 2013 | Home Seller Tips, Real Estate (Residential), REOs, San Jose Short Sales, Short Sale Expert Advice, 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 Wells Fargo Short Sale requires Hafa Affidavit!?

by Leila Mortaz | Sep 28, 2013 | Home Seller Tips, Real Estate (Residential), San Jose Short Sales, Short Sale Expert Advice, Short Sales

If you are considering a Short Sale for Wells Fargo Short Sale on your San Jose Home, the bank requires a HAFA Affidavit which is signed by both buyers and sellers.   This HAFA Affidavit is given by the Seller(s) and Buyer(s) to the Servicer of the mortgage loan...

HAFA Short Sale don’t make sense anymore!

by Leila Mortaz | Sep 16, 2013 | Home Seller Tips, Real Estate (Residential), San Jose Short Sales, Short Sale Expert Advice, Short Sales

Top 4 Major US Lenders have started offering large relocation incentives on Short Sales.  Some of these lenders are offering as much as $35,000 for homeowners who want to sell their home with an underwater mortgage. So, there is no sense considering a HAFA Short Sale...

Can I avoid a foreclosure after bankruptcy?!

by SalesDude | Sep 15, 2013 | Home Seller Tips, Real Estate (Residential), San Jose Short Sales, Short Sale Expert Advice, Short Sales

Despite rapid increase in home prices in the 1st half of 2013, the housing recovery has not spared more than 25% of home owners who still owe more than their homes value. Some of these homeowners have opted to file for bankruptcy protection to delay their decision on...

Wells Fargo approves San Jose Short Sale in 12 days!!

by Leila Mortaz | Sep 13, 2013 | Home Seller Tips, Real Estate (Residential), San Jose Short Sales, Short Sale Expert Advice, Short Sales

Finally there are some good news about Short Sale.  Yes, it dose not take 6 month or more than a year to sell your Short Sale home in San Jose.  The length of time for Short Sale approvals has now been reduced to less than 2 weeks!! This good news comes curtsy of...
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