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...
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...
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...
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...
by Leila Mortaz | Mar 16, 2014 | Home Buyer Tips, Home Seller Tips, Los Gatos Fixer Upper, Real Estate (Residential), Short Sale Expert Advice, Short Sales
If you are negotiating with a bank on a Los Gatos Short Sale; the Fair Market Value of the home is determined by a Broker Price Opinion (BPO). Your home’s Fair Market Value is often a source of massive disputes. Unlike a typical appraisal, banks are only...
by Leila Mortaz | Nov 23, 2013 | REOs, Short Sale Expert Advice
Buying a Short Sale home is NOT for the faint of heart cause there are too many moving parts including a lender who could be trying to foreclosure on the property and a stressed seller who might NOT be sharing all of their plans with their listing agent. So, if you...
