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What is the difference between a Short Sale and a Foreclosure!?

by David Mortaz | Aug 30, 2013 | Home Seller Tips, Short Sales

Short Sales and Foreclosures are two choices you have when it comes to dealing with your underwater mortgage.  However, one option has much less negative impact on your credit that the other.   In fact, Short Sale are one of the simpliest options to Avoid...

Why banks are offering cash incentives for San Jose Short Sales?!

by David Mortaz | Aug 29, 2013 | Home Seller Tips, Short Sale Expert Advice, Short Sales

Despite the rising home prices, 25% of mortgages are still under water with homeowners requiring Principal Reduction or Mortgage Modifications that is not coming anytime soon.    In fact, most homeowners have give up on getting help from their lenders to keep their...

Winning at Foreclosure Auction does not mean immediate possession!

by David Mortaz | Aug 29, 2013 | Home Buyer Tips, Home Seller Tips, REOs

Buying homes at the court house auctions appeal to a lot of cash investors since they are buying properties at a discount in some markets.   But just like anything other risky ventures, the gain in price point for your property purchase could come with some serious...

Top 5 Recommendation before you buy a Short Sale house!

by David Mortaz | Aug 29, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales

Before you sign the dotted line on the purchase contract of a Short Sale, you should make sure you are not wasting your time and energy on a home that might be heading to foreclosure in a few weeks !   Short Sales are complicated transactions that require a lot of...

What is a pre-approval for a loan!?

by David Mortaz | Aug 29, 2013 | Home Buyer Tips, Home Seller Tips

During the past 6 years of marketing Bank-Owned properties, we learned to only accept offers from pre-approved buyers.   But to this day, there is a lot of confusion about what is a pre-approved buyer!  In fact most buyers are confused about the difference between a...
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"Great Team, Very easy to work with. Leili and David helped me purchase an REO and made the process a pleasure. I would highly recommend this team if you want to buy a foreclosure. Thank you so much!!"

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