home buyers: 5 Things To Know When Closing On Your Home - 10/02/18 11:08 AM
~The Final Home Stretch~
Buying a home is very stressful and can be quite overwhelming. As you enter the home stretch of buying a home, there are a lot of things to juggle. It is easy to get distracted with the end in sight. 
The following is a rundown of 5 Closing Essentials that all home buyers need to know and do in the final hours before they reach the finish line and get their hands on those new home keys. 

The home buying process is very complicated, but by knowing what to expect, you will feel more prepared and at ease throughout out … (1 comments)

home buyers: Avoid These Common Home Buyer Blunders - 01/03/18 02:39 PM
~~~Don't lose a home by making these common home buying mistakes~~~
 
It is the beginning of a new year and many people are setting goals, reviewing their expenses, creating new budgets and are starting to think about the upcoming home buying season.  Those who have waited for the holiday season to pass and are now ready to jump into the home buyer game should avoid these common mistakes that could jeopardize their purchase. 
 
1) You didn't get pre-approved and were shopping outside your price range. This is a big one. Always start your home search with a pre-approval from your lender. This way you … (4 comments)

home buyers: Sold And Closed in Reno, Nevada - 07/07/17 01:38 PM
~Sold And Closded In Reno NV 89503~
 
I’m pleased to announce that 1426 Wessex Circle in Reno is now SOLD and Closed courtesy of Terrie Leighton with Ferrari-Lund Real Estate representing the buyers.  My precious buyer is attending the University of Nevada Reno and is looking forward to homeownership in one of Reno's populor neighborhoods.
 
 
 
1426 Wessex Cir is nestled in Reno's established Old Northwest & is situated on a well kept street neer Lake Park, Rancho San Rafael (home of the Reno Balloon Races) and is close to UNR, schools & shopping. The putting green in the backyard may have insprired my … (2 comments)

home buyers: Brighten Up To Help Sell Your Home - 05/16/12 04:45 AM
Reno Homeowners ~ Brighten Up To Help Sell Your Home
 

According to NBC's Today Show Real Estate Expert Barbara Corcoran, if homeowners brighten up their home with vibrant accent pieces such as pillows and throw rugs,  they could potentially attract new buyers to the home.
Although I do not always agree with some of the advice Barbara Corcoran offers Today Show viewers, I do think she is right on when it comes to making a few changes to your homes decor to help it show better.
In the video below, Barbara offer's some really great advice on ways home … (3 comments)

home buyers: Your Home Might Have Sold in 2 Days . . . Because My Clients Have Been Looking for 3 Months - 03/11/12 11:41 PM
Thank you Carla for sharing your buyers experience with us in this post. Sellers who receive multiple offers or an offer within days of listing their home for sale often feel they priced it wrong. Here in Northern Nevada, inventory is so low yet we have buyers and their agents who looking daily for that perfect home. When new ones hit the market, they are ready to look and write offers!
Again, thanks ~Carla Muss-Jacobs - Exclusive Buyers Agent Portland | Portland Real Estate ~ for the post below:
This post is inspired by Alan May's feature: Sold in 2 days? … (2 comments)

home buyers: Northern Nevada Market Report ~ To The Point By The Reno Sparks Association of REALTORS® - 05/29/11 05:29 AM
Northern Nevada Market Report ~ To The Point By The Reno Sparks Association of REALTORS®
To The Point ~ A complete market analysis of the area's real estate market for April 2011 brought to you by the Reno Sparks Association of Realtors 
  Featuring Sherrie Cartinella, 2011 President Reno/Sparks Association of REALTORS®, Kevin Sigstag, 2011 President Elect Reno/Sparks Association of REALTORS®
Overview:
Affordability! Word of the month for April 2011 ~ April 2011 sales performed above average due in part to very affordable low housing prices, favorable interestsrates and an abundance of inventory.
 Sales for April 2011 were lower than previous months but compared to previous years, April … (2 comments)

home buyers: First Time Reno Home Buyers Ask ~ What is An Escrow? - 05/15/11 11:03 AM
After spending a couple of days with my first time home buyers recently they wanted to know what an escrow was. I had been rambling on and on about the offer and acceptance process and explaining what happens once a seller accepts the offer from the buyer,  I just assumed they knew all the terms I was throwing at them.  Because I am certain many who wonder about the escrow process in home purchasing, I thought I would explain it right here.
 What is an Escrow? As it relates to real estate:

An escrow is the arrangement of a third party, in real estate the third … (2 comments)

home buyers: What Are The Advantages of Owning vs Renting A Home In Northern Nevada? - 05/12/11 06:30 PM
Owning a home will always have financial advantages that far out weight the cost of renting a home or apartment in the Reno / Sparks Nevada areas. If you are a  in favorable financial position to purchase a home, have good credit, have enough money saved for a down payment or if you qualify for a first time home buyers program, then you just might be interested in the following examples of the financial benefits to owning real estate in Washoe County, Nevada.
Why rent when you can buy?

1) Equity ~You cannot build equity in an apartment or rental property, in … (2 comments)

home buyers: This House Blew That Only Chance To Make A First Impression! - 04/15/11 03:43 AM

Patricia Kennedy just posted this blog! She learned in grade school that we only get one chance to make a good first impression. This lesson would have helped the seller who listed this house with the sale of his home. Look at those steps leading up to the house.
Excellent first impressions are not only important for face to face interactions, they are also important for home selling as well.
A house in my neighborhood recently went on the market, and being the Crestwood expert, I ran right over to see it.  Like many Washington, DC homes, it has several sets … (6 comments)

home buyers: Reno Nevada Real Estate ~ Investing In Today's Real Estate Market - 02/05/11 06:52 AM
Thinking of buying a single family home in the Reno or Sparks Nevada area? Have you been thinking of investing because you have heard that now is a great time to do so because of record low home sales?
If so, then one of the best places to invest is in Reno and Sparks Foreclosures. Currently we have about 288 single family foreclosures listed for sale in the Northern Nevada Regional Multiple Listing Service(NNRMLS).
There are a few things to keep in mind when looking at foreclosures as investments. One is that there is still a lot of risk involved with investing.
 Not all purchases … (0 comments)

home buyers: Sparks Nevada Market Report for December 2010 - 01/05/11 02:15 PM
Sparks Nevada Market Statistics for December 2010
Prepared By Terrie Leighton, REALTOR®, Ferrari-Lund Real Estate in Northern Nevada

Here are a few market statistics for homes sold during the months of December 2009/2010:

Single Family Homes Sold in Sparks for December 2010 = 146
Single Family Homes Sold in December 2009 = 146
Medium Sold Price in December 2010 = $155,000
Medium Sold Price in December 2009 = $175,000
Days On The Market in December 2010 = 110
Days On The Market in December 2009 = 92
Sparks NV Short Sale Properties: Of the 146 single family homes sold in Sparks during 2010, 46 homes were short sale properties. … (2 comments)

home buyers: D'Andrea Neighborhood Update Sparks Nevada - 11/20/10 08:54 AM

I am happy to provide you with this summary of the 2010 homes sales/listing activity for your area:
Active Listings:
Address:                          Bed:    Bath:    Garage:    Special Conditions:     Price:
2585 Garzoni Drive            3         2           2              Short Sale                   $330,000
2541 Garzoni Drive            3         2.5        3              Short Sale                   $350,000
2645 Tuscan Way              3         2.5        2              Short Sale                   $369,000
2740 Milana Drive              3         2           2              Bank Owned               $384,000
2650 Novara Court            5         4           3              None                          $489,000
 
Sold in 2010:
Address:                       Bed:     Bath:      Garage:    Special conditions:        Price:           Date Closed:
2456 Firenze Drive        3        2              2                  Short Sale                  $253,0000         10/8/10
(4 comments)

home buyers: Bank of America Approves Reno Nevada Short Sale With Cooperative Short Sale Program - 11/07/10 08:32 AM
I recently closed a Reno, Nevada short sale and the bank waived all future deficiencies against seller. I was the listing agent for this single family home located in the Cold Springs area North of downtown Reno. The seller was a single, young individual who was approved for a $380,000 loan back in 2006. Because  her second job ended and her income decreased, she was no longer able to afford her monthly mortgage payments on her own.

This Reno property was listed  in June 2009 (Yes, we just closed on October 15, 2010). Although I received an offer right away, I did loose the first buyer when … (9 comments)

home buyers: Lake Tahoe Living ~ Most Expensive American Zip Codes ~ Incline Village 89451 - 11/02/10 01:24 PM
Incline Village, Nevada one of Americas most expensive places to live? Not Really!

Lake Tahoe is truly one of the most beautiful places in America to visit. But is it one of the most expensive places to live?
According to Forbes.com, Incline Village at North Lake Tahoe in Nevada, is one of the most expensive ZIP codes in America. Forbes's 2010 annual list of America's Most Expensive Zip Codes places Incline Village at #389.
If you have ever taken a drive on Lakeshore Boulevard in Incline Village and noticed some of the beautiful lake front homes, this latest list probably does not surprise you. But what … (5 comments)

home buyers: Congress Could Extend Home-Buyer Tax Credit Closing Deadline - 06/11/10 08:13 AM
I recently wrote a post about the Tax Credit being a Rat Race to the end  because of the issues I was having with lenders not responding and  trying getting my properties closed by June 30, in time for the buyers to get the the tax credit. I was wondering if anyone had heard of congress extending the closing deadline.  Today I came across this article that was posted in the Wall Street Journal that talks about extending the Home-Buyer Tax Credit closing deadline.
The following article was written by Nick Timiraos.
 
Congress Could Extend Home-Buyer Tax Credit Closing Deadline
  
  
The Wall Street Journal, By Nick … (2 comments)

home buyers: Northern Nevada Real Estate and The $8000 First Time Home Buyers Tax Credit - 03/21/09 10:18 AM

If you are a first time home buyer and  live in Northern Nevada,  or anywhere in the United States, you may be eligible for the $8000 first time home buyers tax credit! Great news, right?
On February 17, 2009, Congress passed The American Recovery And Reinvestment Act of 2009.
The American Recovery And Reinvestment Act of 2009  says that first time home buyers are eligible to receive a $8000 tax credit.
How do you know if you are a first time home buyer? 
The law defines the first time home buyer as "a buyer who has not owned or lived … (8 comments)

 
Terrie Leighton, Reno Real Estate Agent ~ Selling Homes in Reno (Ferrari-Lund Real Estate ) Ambassador large

Terrie Leighton

Reno Real Estate Agent ~ Selling Homes in Reno

Reno, NV

More about me…

Ferrari-Lund Real Estate

Address: 500 Damonte Ranch Pkway, Reno, NV, 89521

Mobile: 775-846-5424

Office: 775-850-7033

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