by David Mortaz | Sep 18, 2013 | Home Buyer Tips, Real Estate (Residential), Residential Mortgage
Are you in the market for to purchase a home or a condo?! As a general rule, condos decline fastest in slow market and are last to recover in a hot market. So, your holding period for a condo might be much longer for a condo and it might be harder to make it cash...
by David Mortaz | Sep 17, 2013 | Deferred Sales Trust, Home Seller Tips, Real Estate (Residential)
The rate for Long Term Capital Gains in 2013 (if you held your home for 1 year or longer) is 20% for Federal Taxes and 9.3% for California! That’s a huge tax liability if you are considering selling your California home. Tax exemption relief is set at $250,000...
by David Mortaz | Sep 16, 2013 | Home Seller Tips, Los Gatos Fixer Upper, Real Estate (Residential)
We have develop a long list of investor/buyer interested in Los Gatos home. Granted that median price for a Los Gatos home is around $1 million dollars, these buyers are experienced enough to know what to do with these homes. The selection criteria for these home...
by David 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...
by David Mortaz | Sep 15, 2013 | Home Buyer Tips, Real Estate (Residential), Residential Mortgage
Buying a home in Los Gatos will be an existing and stressful experience you will ever have specially since it might be the largest financial transaction you have ever completed. So, here are some tips to get prepared to what tips and keys to know before you buy. 1)...
