great deals: ALL CASH TERMS-READ THIS For Successful Presentation and Acceptance of Purchase Agreement
- 05/02/11 07:00 AM
CASH TERMS-Read This Below please find the standard and customary docs needed upfront for a smooth, streamline, and successful presentation and acceptance of Purchase Agreement and a successful Close of Escrow for the purchase of Residential Property in the Las Vegas, NV Real Estate arena of today. IF All CASH TERMS, PLEASE REFER TO BELOW INFORMATION PURCHASING WITH ALL CASH FROM A PERSON: Must Supply Proof of Funds From...A bank statement with verifiable funds to substantiate the amount of the purchase price with principal/buyer's name on it. (Truncation of account and social security number are acceptable) ~~~~~~~~~~~~~~PURCHASING WITH ALL CASH … (0 comments)
great deals: REGARDING: Earnest Money Deposit Questions and Answers......
- 03/03/11 07:39 PM
REGARDING: Earnest Money Deposit <EMD> [Questions and Answers] What is EMD? EMD is the upfront stated monies that a buyer proposes to pay upon an accepted and fully executed purchase agreement to show good faith that the buyer has earnest and good intentions to fulfill the terms of the purchase agreement. If I do fulfill the terms of my agreement, do I lose or keep my EMD? Your EMD will be credited to the purchase of the home/closing costs/loan down payment. This means that you do not lose it....you keep it. In what form is the EMD? The EMD is usually in … (5 comments)
great deals: Snap Shot of the current market in Las Vegas today.... [What a buyer can expect]
- 12/28/10 07:29 PM
Snap Shot of the current market in Las Vegas today.... [What a buyer can expect] Date: December 29th,2010 ~Banks/sellers are selling at the Fair Market Value [FMV] of today....FMV is a discount of 50-60-70% off original sold pricing of 2002, 2003, 2004, 2005, 2006. ~Also the banks/sellers are absorbing the loss on the huge deficiency on the defaulted mortgage for the winning buyer. ~The banks/sellers are also delivering clear and marketable title; whereas they are paying for all delinquencies with penalties & interest [water, gas, electric, sewer, property taxes, hoa fees, etc.] and liens on title that have been left … (0 comments)
great deals: Attention Home Buyer--Do's and Don'ts
- 08/12/10 02:45 PM
Attention Home Buyers DO's and DON'Ts Your loan may require updating and re-approval prior to closing. Any change in your employment, income, credit, credit history, and/assets may affect your approval status. BEFORE PURCHASING and CLOSING ON YOUR NEW HOME
DO continue to make payments on time on your auto, credit cards, etc. This will help keep your credit in good standing. DO maintain a paper trail. Document and explain any large or excessive deposits to your accounts (checking, savings, stock, etc.). the lender needs to know where the money came from. DO keep pay stubs, bank statements, tax forms, etc. … (0 comments)
great deals: Great News! Lower Property Tax....May result-Lower Monthly Mortgage Premimum
- 07/29/10 07:00 AM
Great News! The Clark County, Nevada Assessor has released the 2010-2011 Property Taxes. You may be able to immediately lower your monthly mortgage premium..... Many Clark County residents have seen a substantial decrease in their annual property tax!!! Lower property taxes mean less out of pocket expenses! How can YOU take advantage of this, if YOUR taxes have decreased? If your property taxes are INCLUDED in your monthly mortgage payment, sooner or later your lender will realize the decrease and make the adjustment. Every lender is required to audit the account that holds the escrowed tax and insurance funds on an annual basis. Any overages or shortages are … (0 comments)
great deals: Congress is considering an extension for would-be home buyers who are racing to close home sales in order to receive a federal tax credit
- 06/11/10 08:01 AM
From The Wall Street Journal: "Congress is considering an extension for would-be home buyers who are racing to close home sales in order to receive a federal tax credit. The real-estate industry has warned that tens of thousands of buyers who rushed to buy homes to qualify might not close before the deadline imposed by Congress, meaning they could miss out on receiving credits worth thousands of dollars without action from Congress." Congress is considering an extension of the June 30 closing date to Sept. 30 for buyers who HAD MET the April contract deadline. For all of the details..... http://online.wsj.com/article/SB10001424052748703627704575298610215024500.html?mod=WSJ_latestheadlines Should you … (0 comments)
great deals: Members of the Military may quality for "Home Buyer's Tax Credit" Extension
- 06/04/10 08:14 AM
FROM IRS.GOV: The IRS allowance for the First Time Homebuyer tax credit has expired. However, the IRS has implemented special rules and extended the tax credit for first time homebuyers employed by the military, the foreign service and the intelligence community.
Members of the military and certain other federal employees serving outside the U.S. have an extra year to buy a principal residence in the U.S. and qualify for the credit. This extension expires April 30, 2011.
For more info, please visit: http://www.irs.gov/newsroom/article/0,,id=215594,00.html Should you or your friends/family have any Las Vegas real estate needs or questions, pls feel … (0 comments)
great deals: LVRealEstateLady Real Estate Update Video
- 01/01/10 12:36 PM
LVRealEstateLady Real Estate Update Video Stay current with Realty Times: ~Real Estate Outlooks ~Mortgage Advise ~Investor Reports ~HOA Questions and Answers ~And more.....
Julia St. Marie, Prof. Corp. RRG, ABR, RSPS Certified REO Specialist Direct: 702-355-H-O-M-E (4663) LVRealEstateLady@yahoo.com www.LVRealEstateLady.com
… (0 comments)
great deals: Regulation X=RESPA REFORM-Mortgage Disclosure Improvement Act [MDIA]
- 12/23/09 06:17 AM
Regulation X RESPA REFORM-Mortgage Disclosure Improvement Act [MDIA] Effective January 1st, 2010 A Summary: HUD will require that lenders and mortgage brokers provide borrowers with a standard Good Faith Estimate (GFE) that clearly discloses key loan terms and closing costs. New Good Faith Estimate form Closing agents will also be required to provide borrowers a new HUD-1 settlement statement that clearly compares borrowers' final and estimated costs. New HUD-1 settlement statement An Overview: •1. "Early Disclosure"- The Lender must give the borrower a GFE of costs within three business days of applying for the loan. •2. Annual Percentage Rate (APR) to be … (0 comments)
great deals: Home Buyer Tax Credit Extension
- 11/05/09 02:34 PM
The extension of the first-time homebuyer's tax credit has been approved.... Home buyer Tax Credit ExtensionExtends the $8,000 credit through June 30, 2010 (must have contract by April 30, 2010). Expands the credit (capped at $6,500) beyond first-time homebuyers to those who have owned a home for five consecutive years within the previous eight years. - Changes to the Homebuyer Tax Credit Law - FAQ About the New Tax Credit Law The above content is for informational purposes only and should not be used as a substitute for consultation with a tax advisor.
FROM FEDERALTAXCREDIT.COM "The Worker, Homeownership, … (0 comments)
great deals: SUPPLY GOING DOWN-DEMAND GOING UP--Numbers/Stats for week of 05/06/09
- 05/06/09 08:51 PM
SUPPLY GOING DOWN-DEMAND GOING UP Las Vegas Real Estate Market Report: 05/06/09This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (National Association of Residential Real Estate Investment Advisors). For the week of May 6, 2009, data is obtained from the Greater Las Vegas Association of Realtors MLS.Single Family Residence (SFR) Available - 12,084 (-543 , Last Week 12,627)Under Contract - 9,301 (+127 , Last Week 9,174)Days of Supply - 39 (-2 , Last Week 41)Short Sales - 8,248 (+56 , Last Week 8,192)Condominiums and Town Homes (CONDO/TH) Available - 3,846 (-167 , Last Week 4,013)Under Contract - 1,819 … (0 comments)
great deals: CREDIT REPORT: How To Fix Errors--A Pro-Active Guide
- 03/17/09 10:34 AM
CREDIT REPORT: How to Fix Errors The Fair Credit Reporting Act is again your friend when it comes to fixing errors in your credit report. Errors in your credit report include mistakes but they also include omissions. It's possible that actions you've taken to pay off a debt or clear up a delinquency, for example, are not showing in your credit report. A useful rule of thumb is to review your credit reports from all three major credit bureaus at least once a year. For one reason, each bureau has a slightly different version of your credit report. You may find … (0 comments)
great deals: Homeowner Affordability and Stability Plan
- 02/21/09 07:32 AM
Homeowner Affordability and Stability PlanRevised February 20, 2009President Obama‘s plan to help stabilize the housing market and keep millions of borrowers in their homes...The Homeowner Affordability and Stability Plan includes two initiatives to help struggling homeowners. One is a refinancing program for homeowners with less than 20% equity in their homes, or who owe more than their home is worth. The second program attempts to lower monthly payments for homeownersat risk of losing their home. In addition, the plan includes a third initiative to support low mortgage rates by strengthening confidence in Fannie Mae and Freddie Mac.Many of the plan's details … (3 comments)
great deals: $8,000 Home Buyer Tax Credit at a Glance
- 02/20/09 04:57 PM
FIRST TIME HOME BUYER'S TAX CREDIT $8,000 Home Buyer Tax Credit at a Glance -The tax credit is for first-time home buyers only. A "first-time home buyer" is someone who hasn't owned a principal residence for three years before buying a house. -Unlike an earlier $7,500 home buyer tax credit, this one does not have to be repaid. -The tax credit is equal to 10% of the home's purchase price up to a maximum of $8,000.-The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009. Anyone who bought a home last year won't … (0 comments)
great deals: Shift from "Buyer's Market" to "Competitive Buyer's Market"
- 05/09/08 07:21 AM
What is going on out there, are there still great deals please advise thank you Hi Rico.....Long time no E....Hoping all is well. Yes there are still great deals in Las Vegas as there is a plethora of REO/Bank Owned properties that are selling at a great discount from the original sold price. Las Vegas is still 1/2 the price of New York, California, and Hawaii...... and Las Vegas is still very much the cosmopolitan city that has everything to offer to any resident or tourist. Rico, the market has shifted from a "Buyer's Market" to a "Competitive Buyer's Market." … (2 comments)
great deals: CASH BACK AT COE-----Legal or Illegal
- 02/07/08 04:24 PM
CASH BACK AT COE-----Legal or Illegal Simply stated--"LEGAL" -- "YES".....Seller may give cash back to buyer at successful close of escrow to buyer (principal). The only contingency is: CASH BACK TO BE DISCLOSED TO UNDERWRITER Ok so this is the way a smart and savey investor/buyer will know if it has been disclosed to the underwriter...... LOOK AT THE HUD STATEMENT----Done easy!!!! Don't miss out on CASH BACK OPPORTUNITIES that are here NOW because of the false information that has been influencing you from the unknowledgeable. Thanks and have a great day! Julia St. Marie at Liberty Realty-Las Vegas :) ps....Just Simple … (5 comments)
=Large Home with a Spacious Backyard-Las Vegas, NV … (0 comments)
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