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 loan? It is important for us to know everyone who will be involved in the short sale. Do I have to include my spouse on all the paperwork if they are not on the loan? Generally not, unless advised differently by your attorney. In Nevada…
Real estate in Las Vegas can be quite lucrative for those seeking to acquire rental income. Whether the landlord is providing residential homes, condos or office space, a steady stream of monthly income can yield a reliable revenue source that carries through the entire year. Of course, this process can be completely undermined if the renter turns out to be less than desirable. That is why it is critical to perform tenant screening long in advance of accepting the renter. The purpose of tenant screening is to acquire a clear picture of the renter’s background. Specifically, landlords can explore the…
Can’t Sell Your Las Vegas Home? Renting May Be the Smarter Financial Decision. Every real estate market goes through cycles. While some homes sell quickly, others may remain on the market longer than expected due to increased inventory, changing buyer demand, or affordability challenges. If your home hasn’t sold—or you’re not receiving offers that meet your expectations—it may be worth considering another option before making another price reduction. Instead of selling today, renting your home could allow you to protect your investment while generating monthly income. Why More Homeowners Are Choosing to Rent Many homeowners originally list their property for…
