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What is the difference between Short Sales and REOs?!
Sure both REOs and Short Sales represent opportunities to purchase a property at a discount, but there are fundamental differences between Short and REOs. Lets explore the main difference between the Short Sales and REOs:1) Ownership: Fundamental difference...
Mortgage Notes: Profits in Pretty Paper!
I just got off the phone with Ron, a friend of mine, and in a way that only Ron can do, he asked me, “So, Leonetti (he never uses my first name!), let me get this straight. You mean to tell me that all folks have to do is fill out a form, send it in, and you’ll send...
What is a Residential Home Inspection?!
Home inspections are a great option to consider if you are selling your home in a hurry and are looking for a cash buyers. hat can facilitate the marketing of a property. However, in California Home buyers have the right to order their own inspections and are...
What to do before selling your Los Gatos house!
Since you are interested in selling your Los Gatos house, the strategy has to take some cash buyers into consideration since cash transactions comprise 34% of the recent sales. Cash buyers typically can close escrow within 10 days, so if you are in a threat of...
For Sale by Owner, Pros and Cons
Several years ago when were selling our San Jose house located in Willow Glen, our broker advised us to not to list the property in our own name despite being licensed Realtors. Intrigued I wanted to know why he was offering to act as our listing agent without...
Top 5 Reasons why San Jose Short Sales are denied!
1) Value: This is the primary reason why the banks decline your San Jose Short Sale request since the value on the offer submitted does not come close to the value they obtain by their own Broker Price Opinion (BPO). Given the fact that the markets are appreciating...