Understanding the definition of Loan-to-Value (LTV), and how it impacts a mortgage approval, will help you determine what type of loan amount and program you may qualify for. Since the LTV Ratio is a major component of getting approved for a new mortgage, it’s a good idea to learn the simple math of calculating the…
Even though many lenders are still quoting quick 10 minute pre-qualifications over the phone or online, a true mortgage approval that holds any weight is one that has been issued by an underwriter who has had an opportunity to review all of the necessary documents. With a constant stream of new lending guidelines, volatile mortgage…
Knowing what questions to ask your lender during or before the loan application process is essential for making your mortgage approval process as smooth as possible. Many borrowers fail to ask the right questions during the mortgage pre-qualification process and end up getting frustrated or hurt because their expectations were not met. Here are the…
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Many borrowers believe that when they purchases a property by obtaining mortgage financing, they also own their home. Technically speaking, full ownership on a property only happens once the mortgage loan amount has been paid in full. To break this down in more detail, there are a few components of a mortgage: A Promissory Note…
A Buyers Guide To the Short Sale Process With Las Vegas Home prices and interest rates at an all time low, it is a great time for buyers to start shopping around. However, it is a different market than it was five years ago and terms like “foreclosure” and “short sales” are on the tip…
A pre-planned multi-builder development with recreation, public services, commercial sites and residential housing in a self contained community. This is part two of a multiple part series looking at various master planned projects throughout Southern Nevada. I will be focusing on Southern Highlands in this article. Southern Highlands is located in the Southwest part of the…
Why is now a great time to buy the golf course home of your dreams? In the Las Vegas area there are over 50 golf courses with homes surrounding most of them. Currently Las Vegas has over 800 properties listed in golf communities that range in price from a condo at Lake Las Vegas for…
VA Loan Basics For Las Vegas Veterans If you’re a Las Vegas Veteran, a VA Mortgage may be an excellent option to consider when pre-qualified for new home loan. What Are VA Loans? As a way to honor and serve those who served the nation in World War II, the U.S. government created the VA…
A Las Vegas Real Estate Broker and two homeowners have been charged with violating the Fair Housing Act by the U.S. Department of Housing and Urban Development (HUD). They allegedly denied a single mother of (7) the opportunity to rent a four bedroom home because of the number of children she had. It’s a violation…
Mountain’s Edge was the top selling master planned community in the country for 2008. An impressive feat considering the tumultuous real estate market in Southern Nevada as of late. Mountain’s Edge sits on 3500 acres of land in the Southwest part of the Las Vegas Valley. 550 acres have been set aside for parks and future community amenities. Six…
The 18th annual Las Vegas Bowl sponsored by MAACO pits No. 15 BYU against No. 16 Oregon State. For the fifth straight year all the tickets have been sold out. Fans can still contact BYU and Oregon State ticket offices for seats to the game. The game will be played on December 22nd and a…
