by Leila Mortaz | Jul 22, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
The main distinction between a regular sale and a Short Sale is that home owners will be able to pay off all the loans and commission with the proceeds of the home sale. However, in a Short Sale, the lenders involved would have to approved the sale since they are...
by Leila Mortaz | Jul 22, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
Bank of America is holds some of the largest inventory of distressed home in US specially after their acquisition of Countywide which was one of the most aggressive sub-prime lenders. To remove these loans from their books, bank of america is now offering generous...
by Leila Mortaz | Jul 22, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
If you are facing a foreclosure date in 2 weeks and you have exhausted all your options to prevent foreclosure, you last resort might be a quick Short Sale to postpone this foreclosure! However, if the bank has already postponed your foreclosure date several times,...
by Leila Mortaz | Jul 21, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
Since you are interested in selling your Gilroy home fast, the strategy has to take cash buyers into consideration and meet their expectations. Cash buyers typically can close escrow within 10 days, so if you are in a threat of foreclosure auction, then cash buyers...
by Leila Mortaz | Jul 21, 2013 | Home Buyer Tips, Home Seller Tips, Property Management, Short Sale Expert Advice, Short Sales
Bank of America is holds some of the largest inventory of distressed home in US specially after their acquisition of Countywide which was one of the most aggressive sub-prime lenders. To remove these loans from their books, bank of america is now offering generous...
by Leila Mortaz | Jul 19, 2013 | Home Seller Tips, Short Sale Expert Advice, Short Sales
Top 4 Major US Lenders are now offering anywhere between $10-$35,000 as relocation incentive if the home owners agree to a Short Sale!! In the past we have been critical of banks with their insane moves, but given the fact that some San Jose home owners have been...