buying: Has Las Vegas Real Estate Hit Bottom? - 09/19/07 05:12 PM
I was just reading Richard Lee's latest article that says less than 30 units separate total sales figures for the last four months. This usually signifies the bottom of the market, however he also noted that until we see the upward swing, foreclosures are going to be the reality.
To go along … (0 comments)
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buying: City Center Power Bill. - 08/30/07 06:36 PM
I got this info from one of my title reps. I am still trying to validate the numbers. Although they seem quite high, this very well could be correct....
Daily power bill - $300k
1/3 of buyers are local. 1/3 from California.
They estimate 20 to 30% of their buyers will live there full … (0 comments)
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buying: Properties listed 20-40% under market value. - 08/21/07 07:25 PM
I've discovered a search method to find properties in Las Vegas that are listed under market value (Comps) and even quite a few that are under a recent, 3 month or less, appraisal or under comparable sales in the last 3 months. I am using the 3 month guidline as I … (0 comments)
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buying: Why it's Time to buy in Las Vegas. - 08/21/07 05:46 PM
The GLVAR (Greater Las Vegas Association of Realtors) came up with some great points on why now is a great time to buy in Las Vegas.
Mortgage interest rates remain at historically low levels, effectively lowering the cost of buying a home. It is not clear when interest rates will begin to … (1 comments)
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buying: Update on Sunday Hudson and Marshall Auction - 08/06/07 11:48 AM
If you weren't at the Las Vegas Auction on Sunday, August 5th, you missed out on an excellent real estate experience.
I got to the event and noticed that tons of cars were pulling in and that valet was full even @ 11:30 on a Sunday. As I walked in to the … (0 comments)
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buying: Foreclosure Auction - 08/02/07 10:25 AM
Man have I been busy. Last Saturday and Sunday I sat at an open house for a home that was getting ready to go to auction this Sunday (August 5th).
There are going to be about 90 homes up for auction this Sunday, all of which are bank owned. The auction company … (0 comments)
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buying: Proposed HUD Rule Comment Period Extended - 07/16/07 04:47 PM
I received an update from the Nehemiah program following my last post on downpayment assistance programs in trouble.
Due to significant interest, The Department of Housing and Urban Development (HUD) has extended the public comment period on the proposed rule entitled ‘Standards for Mortgagor's Investment in Mortgaged Property' until August 10, 2007.
If … (0 comments)
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buying: Echelon at Centennial Hills - 06/29/07 07:17 PM
I got invited to the first broker event at Echelon at Centennial Hills which is a mid rise in Norwest Las Vegas.
The location offers views of the Las Vegas Strip and surrounding mountains, 15 different floorplans, private terraces, computer alcoves, granite counters, subterranean parking, garden patios, walkways and pools, guard gated … (0 comments)
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buying: Down Payment Assitance in trouble. - 06/18/07 11:18 AM
I bought my first house before I became an active real estate agent. Back then, homes were affordable, the average ones hovering just above the triple digits.
I'd saved the 3% required by FHA for down-payment but didn't like the idea of being newly married, starting a new family, and using most … (3 comments)
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buying: Las Vegas Foreclosure List - 06/04/07 05:51 PM
If you are looking to buy a foreclosure home in Las Vegas, I have set up a search that will email you the latest foreclosures when they hit the market.
The search also let's you log into a personal website for you so you can make changes at anytime such as number … (0 comments)
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buying: Eight Common Ways to Hold Title in Nevada - 05/29/07 03:39 PM
HOW YOU TAKE TITLE - ADVANTAGES AND LIMITATIONS:
Title to real property in Nevada may be held by individuals, either in Sole Ownership or in Co-Ownership. Co-Ownershp of real property occurs when title is held by two or more persons. There are several variations as to how title may be held … (0 comments)
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buying: This weekend.... SUMMER STARTS!!!! - 05/25/07 06:06 PM
Memorial Day marks the traditional beginning of summer and the start of the most popular season in real estate. If you're in the market for a new home, get a jump start by getting pre-approved for a loan by a trusted mortgage broker.
Buying a home can be an overwhelming process. A … (0 comments)
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buying: 1/2 price sale!!! - 05/25/07 05:52 PM
Ok, so maybe not totally a 1/2 price sale, but how about getting 1/2 of your mortgage paid for 3 years!
From the Builder:
"1/2 House Payment Paid for 3 Years! $0 Down!
3 years they will pay 1/2 your mortgage.
2 communities to choose from. Located in Southwest Las Vegas, 1 is near 215 and Durrango and … (0 comments)
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