Dale and Tiffany rented a 3 bedroom home in Fernley from Sandra Mathewson for over 6 years. But, they always knew that someday they wanted their own home. That someday came on October 21, 2011 when the couple were handed the keys to their first home! Sandra set Tiffany up with ListingBook, a link to the local MLS, and Tiffany spent close to a year looking at homes, styles and neighborhoods. As prices came down and interest rates reached historic lows, they knew the time had come. From the moment they stepped inside this 4 bedroom, 2 bath, 2088 square (3 comments)
Beautiful and Immaculate, shows like a model home! This is your opportunity to own this 3 bedroom, 2 bath home with a 3 car garage at 267 Wildwood St. in Fernley, Nevada. This is a short sale with only one lender and the owner's have been reclocated to the east coast and are maintaining the home. Some of the features include, high ceilings, plant shelves, ceiling fans, upgraded carpet and two tone paint and custom window coverings throughout. All the appliances, refrigerator, washer and dryer are included in the sale along with an security alarm system. Fully landscaped .14 lot with (0 comments)
real estate agents in fernley: Fernley Homes and Real Estate Market Report May 2011
- 06/28/11 05:48 AM
Summary: The median sales price has continued its settling trend over the past 24 months. More buyers and investors are deciding it is an opportune time to purchase a home. High inventory and low prices reflect the affordability of homes, verified by the increase in home sales. Fernley Homes Median Sales Price May 2011 median price increased by 8.8% to $87,000 compared to $80,000 in April 2011. The median price is down 19.8% from the prior May. Median price is defined as the mid-point, the price half of the sales for the time frame are below and half are above. Fernley (0 comments)
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 Homes and Fernley Real Estate Summary: Fernley Homes Median Sales Price September 2010 median price increased by 1% to $105,000 compared to $103,750 in August 2010. The median sales price has been relatively stable for the past sixteen months. Median price is defined as the mid-point, half of the sales for the time frame are below and half are above. Fernley Homes Sold September ended the month with 32 sold transactions an increase of 6.7% from the prior month. Sales were down 20% over the same period last year. Fernley Homes Average Days on Market The average days (0 comments)
Fernley Homes and Real Estate monthly report provides information on homes sold, homes for sale, bank-owned and short statistics for Fernley, Nevada. Summary The median sales prices continues to level out, and we remain cautiously optimistic that this trend will continue. However, for the remainder of 2010 we are returning to a real estate market that is no longer motivated by buyer tax credits and other government interventions. The comparisons we make with the prior year will continue to use non-incentive sales from this year to compare with last Fall sales to meet the old November 30, 2009 tax credit (0 comments)
Fannie Mae's new policy to encourage distressed borrowers to agree to deeds-in-lieu of foreclosure, is reducing the waiting period from four years to two years for the distressed borrowers to become eligible for a new mortgage. The new policy will apply to loan applications submitted after June 30, 2010, requires a minimum downpayment of 20 percent from borrowers who have agreed to a deed-in-lieu within the past two years. Borrowers with a deed-in-lieu in the past two to four years will be required to put 10 percent down to be considered for a Fannie Mae backed loan. Borrowers who lost (0 comments)