nevada: Working It Out With Your Las Vegas Lender - 07/28/09 08:03 PM
If you're a Las Vegas homeowner with financial problems that you expect to overcome soon, you may have a different agenda than someone who sees selling their home as the only way to escape foreclosure. Assuming your home is one you like, want to keep, and can afford, talking with your … (0 comments)
nevada: Loans for Less Than Perfect Credit - 12/03/08 06:41 AM
Now might be a great time to buy a home. With housing prices falling in most areas of the country and with the 10 months inventory of available homes continually supplemented with foreclosed and bank-owned homes, a would-be home owner with a steady job, sufficient income to pay the payments, and … (3 comments)
nevada: Big Paydays for CEOs - 12/01/08 05:01 PM
Amidst bailouts to AIG, WAMU, and other corporate entities, there is always the fear that executives will be richly compensated as workers, stockholders, and now taxpayers foot the bill. As GM and other automakers hover on the brink of bankruptcy, one concern in any bailout talk is that executives who made … (6 comments)
nevada: Aging in Place - an Alternative to Selling Your Home - 11/28/08 09:13 AM
Sellers often prepare their home for sale by painting, cleaning up, and renovating to make their property more appealing for buyers. When considering renovations, the questions always are: What types of improvement will "pay off" by impacting selling price? And over how long a period of time? Inman News writer Tom … (3 comments)
nevada: What's Good for General Motors MAY NOT BE Good for America - 11/24/08 07:23 AM
The Big Three Automakers are failing. In this bailout era, leaders have been to Washington begging for $25 billion to tide them over. With millions of jobs at stake and a devastating ripple effect anticipated throughout the economy if they don't get help, commentators of all political persuasions are questioning whether … (1 comments)
nevada: Current Nevada Realities - 11/17/08 06:20 AM
For the 22nd straight month, Nevada was at the top of the foreclosure hit parade, as 1 in 54 households received a notice in October, 2008 and foreclosure filing rose 11% compared to September. Las Vegas was the worst metropolitan area as 1 of 62 houses received a notice and 6% … (1 comments)
nevada: Credit Unions Offer Real Hope for Homeowners - 11/14/08 07:04 AM
As the mortgage market readjusts to new economic realities, an oft-forgotten source of a loan might be your local credit union. While mortgage loans originations fell 17% at banks in 2008, they are up 10.1% at credit unions.
Credit unions, which offer a variety of loan products including conventional mortgages, ARMS, … (1 comments)
nevada: $7,500 Tax Credit - An Interest-Free Loan in Disguise - 11/11/08 11:40 PM
A sagging housing market was been given an expected boost by recent legislation in July, 2008 that offers first time home owners a $7,500 tax credit with the purchase of single family home, townhome, or condo. Homes purchased by U.S. citizens between April 8, 2008 - July 1, 2009 qualify to … (2 comments)
nevada: Las Vegas Resales Offer Bright Spot to Local Housing Market - 11/07/08 06:49 AM
With new home sales still down, one bright spot in the Las Vegas local housing market has been sales of existing homes that exceeded 3,000 for the last three months of July, August, and September. Only 461 new housing permits were requested, so YTD totals are down 53%.
About 80% of … (0 comments)
nevada: Temporary Bad Luck in Las Vegas Real Estate - 10/31/08 07:42 AM
Las Vegas is a popular place to visit and a great place to live, but lately, it has assumed an unwanted #2 place on the Top Ten US cities with the highest foreclosure rates. The State of Nevada is #1 on the list of states with the most foreclosures. Here are … (1 comments)
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If you're a Las Vegas homeowner with financial problems that you expect to overcome soon, you may have a different agenda than someone who sees selling their home as the only way to escape foreclosure. Assuming your home is one you like, want to keep, and can afford, talking with your … (0 comments)
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