With only a 3.5% minimum down payment requirement, FHA Mortgage programs are being used by more Las Vegas First-Time Home Buyers. Some people easily get down payment and equity confused, especially in a market like Las Vegas which has a significant number of undervalued bank owned and foreclosure deals. However, on a purchase transaction, the…
Purchasing a new Las Vegas property can be an overwhelming process between the various contract negotiations, mortgage approvals, inspections, and new appraisal guidelines. The following outline will help buyers with the overall time line: 1. Loan Application – The loan application should be one of the first places home buyers start, especially if you are…
The first question home buyers want to know generally revolves around how much mortgage money they can borrow or get qualified for. Simply looking on a search engine for “Mortgage – how much can I borrow” will more than likely only produce a bunch of mortgage calculator results vs real information that describes the entire…
Updated on 09/19/11 – Short Sales can be difficult to complete and quite confusing for buyers and sellers. To help you to better understand the Short Sale Process, we have completed a list of commonly asked questions along with information we need when handling a short sale in Las Vegas. Whose names are on the…
After reading the title, I know you are probably thinking, yeah right, but just hear me out for a second. Could the Las Vegas Real Estate Market be undervalued? I think without a doubt the answer to that question is yes. Below I have listed some key points to why I believe the Las Vegas…
When I decided to get into the business of Property Management in Las Vegas, I knew I needed someone that had experience to teach me the ropes. After interviewing a few property managers, I decided that JoAnn Davis was the right one to teach me. JoAnn has been a licensed real estate agent since the…
Las Vegas tops cities for upside down mortgages, which is the reason why over 35% of homes for sale in the Las Vegas Valley are Short Sales. A short sale is when the Lender/Bank agrees to take less than what is owed on the mortgage, commonly called a short payoff. Completing a short sale is…
The premier residential and resort destination in Southern Nevada is Lake Las Vegas, which is located in Henderson, Nevada. Lake Las Vegas is situated on a privately owned 320-acre lake. Nestled away from the hustle and bustle of Las Vegas, it’s still conveniently located only 20 minutes away from the famous Las Vegas Strip and…
