When distressed Las Vegas home owners start missing payments on their mortgage, they often have no idea how long they can keep their home or condo or where to look for advice. Unfortunately, they turn toward their mortgage holder or the bank for advice; doing so is seeking advice from your adversary. How smart is […]
Foreclosure process timeline and who to seek advice from
July 21st, 2008 · No Comments
Tags: Las Vegas Real Estate · Las Vegas condos · Las Vegas homes
An excellent post in our Las Vegas Real Estate Forum about understanding mortgage rates as it relates to current real estate by John Le Francois
July 15th, 2008 · No Comments
I have admittedly ignored the third and in my opinion the best part of Las Vegas Homes, condos, land and commercial real estate and that is the Las Vegas real estate forum. The reason is lack of time and that it needed to be updated to function properly. But the forum is updated now and […]
Tags: Las Vegas Real Estate
Making offers on Las Vegas short sales that are not approved by the lender and priced exceptionally low to get an offer often fail
July 12th, 2008 · No Comments
These days some Las Vegas Realtors price a short sale much lower than other comps so they can open negotiations with bank with an offer in hand. Making a purchase offer on these short sale homes or condos often end in a long wait for the buyer, and eventual rejection by the lender.
Approval for a […]
Tags: Las Vegas Real Estate · Las Vegas condos · Las Vegas homes
Mortgage rates are lowest since 2004 as Fed cuts rates by 1.25% in eight days
January 30th, 2008 · No Comments
According to Freddie Mac’s survey last week, the average rate for a 30-year fixed mortgage was 5.48%. This is one of the lowest rates since 2004. Furthermore the Fed has cut rates by 1.25 percentage points in eight days, and has lowered the target for the federal funds rate to 3%. It is possible that […]
Tags: Las Vegas Real Estate · Las Vegas condos · Las Vegas homes
Analysis of a Las Vegas home owner (whose home is facing foreclosure) interview with KVBC TV
September 1st, 2007 · No Comments
Following is an excerpt from a distressed Las Vegas Home owner’s interview with KVBC TV.
“”It’s really very hard, very emotional.” Christine Young of Henderson is in a bind like so many in our valley. She refinanced her four bedroom, nearly 2,000 square foot home more than a year ago. And at the time was convinced […]
Tags: Las Vegas homes
