Category archives for las vegas real estate agents

Why Husbands Shouldn’t Show Houses

My husband is the absolutely world’s greatest guy – he has been best man at more weddings than I can count, and all of my girlfriends call him up when they need advice. At my sons soccer and little league games no one ever knows my name. I am always just Coach Glen’s wife. If [...]

Las Vegas Short Sales – Tips on How to Sell Your Home

The collapse of the general economy has left the Las Vegas real estate market in a shambles. If, like many, your home is upside down and you need/want to sell it, you are going to need the approval of your existing mortgage lender(s) to take less than what is owed. This is what we call [...]

Las Vegas Foreclosures and the New Deed for Lease Program

For Las Vegas home owners who have been unable to qualify for a loan modification and are facing foreclosure, a new Fannie Mae program would at least allow them to stay in their homes for up to a year if they are willing to sign over their homes to the bank on a deed in [...]

Existing Homeowners Happy about Extended Tax Credits!

Las Vegas real estate agents and homeowners alike are celebrating the news! It looks like the first time home buyer tax credit will be extended through April 30th of 2010, and more buyers than ever before are now eligible to take advantage of the new credit guidelines. Income caps have been raised from $75,000 to [...]

Las Vegas Real Estate More Affordable

Uplifting quarter in home market National price index shows ‘impressive’ 2.4 percent increase By HUBBLE SMITH LAS VEGAS REVIEW-JOURNAL Housing in Southern Nevada The worst may be over for the U.S. real estate market, a report issued Tuesday suggests. Nationally, prices in the second quarter posted their first quarterly increase in three years, up 2.4 [...]

Las Vegas Foreclosures and Short Sales

We get this question all the time – what is the difference between a foreclosure and a short sale? And which is the better deal? A foreclosure or REO (which stands for Real Estate Owned) is a property that the bank has already taken back through the foreclosure process. The owner has moved out and [...]

Financing for Foreign Nationals Discontinued – Easy Come, Easy Go

Once again the mortgage lending guidelines have changed with the wind. For a brief period there was a window for foreign nationals to obtain mortgage financing on investment and second homes in the United States with down payments as low as 25%, but now that window has been slammed shut along with a host of [...]

Foreign Investors Scramble for Financing on Las Vegas Real Estate

With the dollar expected to rise against foreign currencies later this year (that trend has already started), foreign investors are hurrying to purchase real estate in the US while their dollar goes further. Most of these investors are targeting the Las Vegas real estate market in particular, where the sharp decline in prices (due to [...]

Las Vegas Home Inspectors

I really must begin by thanking Diann Tonnesen for offering to allow me to blog on her site. In case you’re not aware Diann is somewhat of an icon in the Las Vegas real estate community. To be offered to provide input for her web site is truly an honor. Thank you, Diann. Diann told [...]

Making an Offer Subject to a Short Sale on Las Vegas Homes

 Of all the types of distressed properties, shortsales are probably the hardest to close escrow on. Often the seller is still living in the property. He or she may have invested their life savings making a down payment that has disappeared with a declining market. They are upset that they are losing their home and [...]

Las Vegas Broker Defaults on 118 Properties

It never fails, there is always someone who figures out a brilliant scheme to beat the system. But instead of leaving while the going is good, they get too greedy and end up with their hand caught in the cookie jar. Some of these schemes are so brilliant and simple, you wonder why the perpetrators [...]

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