fernley nevada homes for sale: Fernley, NV Former Model Home For Sale 3 Bedrooms, 2 Baths - 10/20/13 01:18 AM

 
 
 
This beautiful home in Donner Trails was a former model home for the builder. Two bedrooms, large den, two baths and two car garage on a .14 lot.
Wood floors in the living area, new carpet in the bedrooms and ceramic tile in the two bathrooms.  Upgraded large-tile counters, upgraded cabinets and upgraded light fixtures throughout the home.
High ceilings with archways and an open floor plan give the home a spacious feel.  The den can easily be converted to a bedroom as it has the closet recess.
Three ceiling fans, neutral décor, built-in microwave and upgraded … (0 comments)

fernley nevada homes for sale: VA Authorizes Relocation Help for Short Sales and Deeds-in-Lieu - 01/18/11 03:50 AM

The Department of Veteran Affairs (VA) has instructed mortgage servicers to pay relocation assistance to borrowers completing short sales or deeds-in-lieu (DIL) of foreclosure on VA loans.
VA has a longstanding policy of encouraging servicers to work with veteran borrowers to explore all reasonable options to help them retain their homes or, when that is not feasible, to mitigate losses by pursuing alternatives to foreclosure.
VA is authorizing servicers to advance $1500 in relocation assistance to borrower occupants who complete a short sale with a VA compromise claim or who execute a DIL.
The transfer of ownership via DIL or short sale … (1 comments)

fernley nevada homes for sale: How To Purchase a HUD Home In Nevada - 07/20/10 05:26 PM
 If you are looking for a home in Reno, Sparks or Fernley, Nevada, you should consider a HUD home.

What is a HUD Home?
If a loan insured by the Federal Housing Administration (FHA) goes into default, the lender must take steps to collect on the loan.  This may result in the lender taking possession of the collateral Real Estate.  If this occurs, the lender may submit a claim against the FHA insurance fund and convey ownership of the property to the United States Department of Housing and Urban Development (HUD).  HUD in turn sells the property at market value … (0 comments)

fernley nevada homes for sale: Lake Lahontan And Churchill County, Nevada Where Recreation Abounds Year-Round - 04/19/10 03:40 PM
 
 
Finally, it looks like Spring is on the way.  Winter has just dragged on and on while teasing us with a sporadic day of sunshine here and there.  Spring will be short because summer is almost here, which means it is time for us to get ready to enjoy some time outdoors with friends and family.
Churchill County is full of many opportunities you can take advantage of as the temperatures start to climb.  If you are looking for a perfect family weekend getaway this summer without spending a lot of money, take the family to Lahontan Reservoir.  You don't … (0 comments)

fernley nevada homes for sale: Fernley, Nevada Real Estate February 2010 - 04/08/10 05:06 AM
 
Fernley has new businesses coming in and the community is working together to support each other and make it through the recession.
As we move into 2010, median sales price levels continue to fluctuate monthly within a very narrow range, said Ken Amundson, 2010 president of Reno/Sparks Association of REALTORS.  However, we need to see this trend continue for several more months before we can say that we have reached the bottom of the market."
SALES
February ended the month with 38 sold transactions as compared to 37 for the month of January - a 3% increase over the previous … (0 comments)

fernley nevada homes for sale: When Should The Home Inspection Be Completed In A Short Sale? - 03/31/10 02:59 PM
I recently completed and earned the Short Sales and Foreclosures Resource designation.  I think the points concerning the home inspection are worth posting:
As per contract.  If the contract calls for the home inspection to be done in five business days after the contract has been executed, the five days would start from the time of signing by the buyer and seller not from the time of the lender approval. The buyer would not be able to negotiate any costs or repairs if the home inspection was completed after lender's approval.  The lender's approval is based on a definite dollar amount … (4 comments)

fernley nevada homes for sale: Incentives For Loan Servicers and Homeowners to Engage in Short Sales - 12/30/09 02:53 PM
The Obama administration has released long-awaited guidelines for a program that will provide incentives for loan servicers and homeowners to engage in short sales when borrowers who are eligible for the Home Affordable Mondification Program (HAMP) don't qualify for a loan mod.
The new guidelines prohibit loan servicers from demanding that real estate brokerages reduce the commission stated in the listing agreement as a condition of approving a short sale, a practice that has upset many real estate agents.
Troubled borrowers interested in exploring a short sale will also be allowed to receive preapproved short-sale terms prior to the property listing, … (2 comments)

fernley nevada homes for sale: Fernley, Nevada Real Estate November 2009 - 12/27/09 07:42 AM
The residential housing market has been strong since early summer. Typically sales slow down during the holidays. and we are seeing a decrease in month-over-month sales, but the numbers continue to show a strong year-over-year increase in sales volume.  Median sales prices slightly dropped continuing the flat pricing trend that we have seen over the past six months. We anticipate steady sales moving through the holidays and into the first quarter of 2010, with buyers responding to the extension and expansion of the home buyer tax credit and exceptionally affordable interest rates.
SALES:  November ended the month with 49 sold transactions as … (0 comments)

fernley nevada homes for sale: The World Must Never Lose The True Spirit of Christmas - 12/24/09 04:43 PM
This fable, primarily the work of longtime editorial page editor Bruce Bledsoe, is a Christmas tradition at the Reno Gazette-Journal. 
Now is the time for the family to reach into its Christmas stocking and see the gifts of the world. They gather around, full of anticipation, as Father reaches in and pulls out the first thing he comes upon.  But as the world's first gift emerges, their faces fall.  "What's this?" they cry.  American servicemen and women at war again, this time fighting in Iraq and Afghanistan.  "Oh, dear.  That's not exactly what we were looking for.  We've seen this … (1 comments)

fernley nevada homes for sale: Fernley, Nevada Real Estate September 2009 - 10/15/09 04:57 AM
 

 
The housing market is still thriving in Fernley, a total of 53 sales for the month of September. It is crunch time for the $8000 First Time Homebuyer Tax Credit.
 
The golf course community had 5 sales as follows:
4 bank owned list price high $143,000 low  $77,900  average  $100,460
Sold price high $143,000 low  $81,400  average  $109,980
Average days on market 56 days, average $66.00 sq.ft.
 
1 short sale listed for $139,900 sold for $139,000
 
The rest of Fernley had 47 sales:
 
29 bank owned:
List price high  $160,000  low  $48,900  average  $82,463
Sold price high $168,000 low  $48,000 average $85,889
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fernley nevada homes for sale: Fernley Nevada Homemade Ice Cream ! - 09/03/09 10:13 AM
    See the video for Steve's Homemade Ice Cream by clicking on the photo or click Here

(0 comments)

 
Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS (RE/MAX 4000)

Sandra Mathewson

CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS

Grand Junction, CO

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Address: RE/MAX 4000, Inc., 120 W. Park Drive, Suite 200, Grand Junction, Colorado, 81505

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