The Reno-Sparks Association of REALTORS reported today that June’s median sales price came in at $170,000. This is up 10.4%…
Sparks
Short Sales – What Will It Cost The Seller?
I often get asked by sellers “What will it cost me to do a short sale on my home?” “How much…
HAFA Program Extended & Other Updates
Recent HAFA Supplemental Directive 12-02 brought several updates for short sales that are NOT Fannie Mae or Freddie Mac insured. …
Short Sale Hardships & Your Hardship Letter
Do you have to have a hardship to do a short sale? Yes. What defines a hardship? Most commonly unemployment,…
BofA Announces Help Resulting From DOJ Settlement
In response to the settlement that the major banks (BofA, Wells, Chase, Citi and Ally) made with the Department of…
Inventory – What’s Really Going On?
If you haven’t already heard, the inventory of available homes for sale is low and presenting challenges in many of the…
REALTORS Can’t Practice Law – Should Lawyers Be Practicing Real Estate?
Nevada market conditions have left many homeowners underwater and facing difficulties making their mortgage payments. Many homeowners don’t know where…
Home Means Nevada – Resource For Homeowners
The Nevada Department of Business and Industry recently unveiled a new website entitled “Home Means Nevada”. This site is an…
D’andrea golf club in crisis
On January 13th the RGJ reported that since the D’Andrea golf club owed about $250,000 and until that is paid…
The Big “3” of Short Sales
I attended a luncheon recently where the speaker spoke about the “Big 3” when referring to short sales. These are…