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How Consumer Finance Protection Bureau can help you with your lender

by Leila Mortaz | May 17, 2014 | Real Estate (Residential), Residential Mortgage, San Jose Short Sales, Short Sale Expert Advice, Short Sales

One of the agencies created as part of Dodd-Frank Wall Street reform act  was Consumer Finance Protection Bureau.  Ironically, the person championing the cause of creating such an agency was the current senator from Massachusetts Senator Elizabeth Warren. The role of...

Contingencies to include in your home purchase contract

by Leila Mortaz | May 16, 2014 | Home Buyer Tips, Real Estate (Residential)

California Association of Realtors has developed legally binding contracts that are used in majority of real estate transactions.  Also known as “CAR Contract” the purchase agreement often contains conditions on inspections, financing, condition,...

Top 6 mortgage protections with Dodd-Frank Wall Street reform act

by Leila Mortaz | May 16, 2014 | Home Buyer Tips, Real Estate (Residential), Residential Mortgage

Dodd-Frank Wall Street reform act created a independent watchdog, housed at the Federal Reserve, with the authority to ensure American consumers get the clear, accurate information they need to shop for mortgages, credit cards, and other financial products, and...

Top 9 Short Sale FAQs

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...

Top 10 home selling mistakes

by Leila Mortaz | May 15, 2014 | For Sale By Owner, Home Buyer Tips, Home Seller Tips, Real Estate (Residential)

HGTV’s FrontDoor.com program has identified the top 10 mistake home sellers make when they are trying to sell their own home.   These are: 10)  Timing:   Most home sellers are under the impression that home buying is seasonal and buyers only shop for home during...
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