by Leila Mortaz | Nov 16, 2015 | Home Seller Tips, Short Sale Expert Advice
When Home Owners negotiate with a bank to Short Sale their home, home’s Fair Market Value is often a source of massive dispute. During this process banks use a type of appraisal called Broker Price Opinion (BPO). Unlike a typical appraisal, banks are only...
by Leila Mortaz | Oct 19, 2015 | Home Buyer Tips, Home Seller Tips, Real Estate (Residential), Short Sale Expert Advice, Short Sales
Would you play poker with a player who has seen your card? Well, that’s what some Home Owners are doing when they negotiate with a Bank on a Short Sale or list their home for sale without knowing the True Value of your home. During Short Sales banks use a type...
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...
by Leila Mortaz | Jun 2, 2013 | Home Seller Tips, Short Sale Expert Advice, Short Sales
To be fair we need to give credit where credit is due! The fact that Short Sale approvals are not taking weeks vs months is a huge improvement. But still the Insane Bank Practices on Short Sales continue to this day where the Wrong Nick-Name or wrong zip code...
by Leila Mortaz | Mar 11, 2013 | Home Seller Tips, Short Sale Expert Advice, Short Sales
Banks have a very strange nut to crack with their attempts to romance Homeowners to participate in Short Sales. After all, these home owners have been ignoring the banks letter for the past 2 years and longer while living FREE at their home. But who can you blame the...
