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...
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...
by David Mortaz | May 25, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
If you are exploring a Short Sale as an option to Avoid Foreclosure An important factor in whether you can be liable for a deficiency balance is whether your loan is a non-recourse loan or a recourse loan. A non-recourse loan restricts your lender’s ability to collect...
by David Mortaz | May 25, 2013 | Home Seller Tips, Los Gatos Fixer Upper, Short Sale Expert Advice, Short Sales
We have a unique opportunity for buyers and investors to purchase this approved Short Sale located at 2476 Parquet Ct, San Jose, CA 95124 either for a flip or a long term rental. The home comes with:1) 4 Bedrooms (One ground floor bedroom, ideal for families with...
by David Mortaz | May 24, 2013 | Home Seller Tips, REOs, Short Sale Expert Advice, Short Sales
Santa Cruz is a beautiful beach town in Northern California and home to UC Santa Cruz campus which offers a great opportunity for Student Rentals. Foreclosure activityin Santa Cruz for Notice of Default filings declined by 46% while Note of Sales declined by 57%...
by David Mortaz | May 22, 2013 | Home Buyer Tips, Home Seller Tips, REOs, Short Sale Expert Advice, Short Sales
One of the options available to Home Owner who want to Avoid Foreclosure is a Short Sale. We briefly cove the other 3 options before examining the impact of the Short Sale on the sellers credit score. 1) Loan Modification: Loan modification is an option that some...
