RECENT BLOG POSTS
We are going on our second week of extreme heat in Las Vegas.  It's amazing when the news reports that the temp is 112 degrees but yet the temperature in my car reads 121 degrees.  That's from a car that has been sitting in a covered parking garage for 6 hours.  As I drive away the temp goes down...
07/23/2010
It's amazing how our home prices have dropped.  No wonder why so many homeowners are walking away from their homes.  If they bought a home four years ago for $500,000 more than likely the home is now worth about $220,000.. short sale price.. If it was bank owned it'd be less.  I realize that many...
06/10/2010
Our city of Las Vegas is completely littered with short sales.  It has been for about a year and is continuing to grow and grow.  i just spent a few days with a friend in Southern California and that is what their market is coming also.  Although it seems as they are doing more foreclosures than ...
06/08/2010
I'm sure other agents out there who are taking short sales listings would agree with me.  Many short sale listings are vacant and with that comes a completely empty home.. in the days of regular listings and a home was vacant you could risk staging the property.  I have staged many vacant homes t...
05/14/2010
I've been doing short sales for quite sometime now and it seems as though the banks are getting more defiant about saying yes to having a successful closing.  Not all banks of course, but just a few months back they seemed to be more obliging.  I was closing almost every short sale listing I had....
04/22/2010
Let's talk about Chapter 7 bankruptcy in Las Vegas. I went to a hearing for Chapter 7's in Las Vegas the other day.  The hearing is open to the public and is all public record so anyone can attend (I didn't see too many spectators, all were attending because they were filing).  I went with a frie...
03/11/2010
I'm sitting in my office here in Las Vegas and just decided to clean off my desk.  It has my cell phone, office phone, my lap top, a few pens, a coffee cup full of cold coffee (not unusual). A few files and my desk sized paper calendar.  Looking at this calendar says a lot about what is going on ...
03/03/2010
Summerlin Nevada is a master-planned community located west of the Las Vegas strip.  It is near Red Rock Canyon.  Red Rock Canyon is a beautiful place to hike, site-see, bike, picnic or take a drive through.  The mountain ranges with in the 11 miles drive are amazing.  No mountain looks like the ...
02/17/2010
Bellagaio Hotel and Casino. 3600 Las Vegas Boulevard SouthLas Vegas, NV 89109 phone number is 702.693.7111 Bellagio Conservatory & Botanical Gardens Come visit the amazing Conservatory & Botanical Gardens. Most every decoration is made of flowers. The great display of nature in all glory, just m...
02/16/2010
  Increase in Upfront Premiums for FHA Mortgage Insurance     Effective Date April 5, 2010Effective for FHA loans for which the case number is assigned on or after April 5, 2010, FHA will collect an upfront mortgage insurance premium of 2.25 percent. This policy change will increase premiums for ...
02/10/2010
Rainmaker
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Penny OBrien- Summerlin, Las Vegas, Realtor

"Summerlin Specialist" - 702.321.9383
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