Lenn gives must-read advice to home buyers about the financing contingency that usually is part of a Contract of Sale. Don't sign anything until you read this blog.Bob Harris gives some good advice to home buyers considering buying distressed property. However, when it comes to removing the fina
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01/24/2010
Southern Nevada - with communities of Summerlin, Henderson, North Las Vegas, Mountains Edge, Silverstone Ranch, Spanish Trail and Charleston Heights - real estate arena is showing some green sprouts coming up from the soil that has been pretty dormant for a long while. So, there is hope. Quite af
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01/22/2010
Hey, give Lenn a listen here about what went wrong in the bubbly bubble that swept through most of the nation recently. If you disagree, call her, not me.DALE TERRY writes: "We're part of the problem but won't admit it". WELL, I JUST COULDN'T DISAGREE MORE! Count me out of the collective "WE" whe
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01/20/2010
Homeowners who are upside down and facing mortgage payment trouble are increasingly being approved by their lenders to do a short sale, a process where the bank accepts less for the property than what the loan balance is. They amounted to roughly 12% of real estate sales at the end of 2009. Short
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01/19/2010
Southern Nevada - with communities like Henderson, North Las Vegas, Mountains Edge, Rhodes Ranch, Summerlin and Anthem - real estate purchases have recently been financed increasingly with FHA products that offer mortgage applicants more considerate underwriting guidelines and lower down payments
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01/17/2010
Southern Nevada jurisdictions of Clark County, Las Vegas, Henderson and North Las Vegas together turned in an application for $367 million from Washington to help battle the once-in-a-lifetime-tough mortgage foreclosure meltdown still roiling here. The stimulus money falls under the Neighborhood
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01/14/2010
Las Vegas area - with communities like Henderson, Summerlin, Mesquite, Mountains Edge, Silverstone Ranch, Anthem and Spanish Trail - real estate market closed the door on 2009 on a cautiously positive note. Low mortgage rates continue to draw buyers' attention, as do rock-bottom prices. And the f
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01/11/2010
The GSE - or Government-sponsored Enterprise - is one of the key participants in the secondary mortgage market, helping finance single-family houses and condominiums under the banner of conforming conventional home loans. During this housing downturn it has suffered some scary losses - who hasn't
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01/08/2010
Will lets us know about Fannie Mae's and Freddie Mac's shenanigans and such. Call your congressman to complain.Can anyone please tell me why we are paying the executives at Fanne Mae and Freddie Mac giant bonuses? According to Business Week, "Fannie Mae Chief Executive Officer Michael Williams an
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01/07/2010
Here are some valuable ideas for Las Vegas condo sellers to get their property sold in a jiffy. Stay tuned because more of them are coming in time. Many cities today have a glut of condos on the market, sometimes with nearly-identical units for sale in the same building. What can sellers do to ma
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01/06/2010
