CORRECTION

Making extra mortgage payments reduces interest cost

Q: My son found that splitting his single mortgage payment about two weeks apart into two payments saves him considerable interest and, therefore, less total amount owed over the length of the mortgage. I asked my credit union where we have our mortgage, and they said they were unable to do this same thing. Have you heard of this plan? What is your opinion? — V.A.

Nonprofit agencies to assist homeowners with new programs

The Neighborhood Stabilization Program Nonprofit Collaborative consisting of six local nonprofit agencies designated to assist families achieve homeownership will act on recent announcement from Housing and Urban Development Secretary Donavan and Sen. Harry Reid, which will bring $1.3 million in emergency technical assistance to help reverse the effects of foreclosure and abandonment in certain neighborhoods in the city of Las Vegas and Clark County.

Hefner celebrates 84th in Las Vegas

Still making a statement about his staying power, Hugh Hefner, 84, continues his birthday weekend tonight in Las Vegas with three stops at the Palms hotel casino.

THE HOT CORNER

[matt youmans REVIEW-JOURNAL, 37-38-2 (overall record)]

Law states procedures boards should take to make decisions

Q: What are the Nevada rules and regulations for e-mail discussions and e-mail votes between homeowners association board members? Can action be taken outside of public HOA meetings and, if so, is an agenda, notice of the meeting and minutes required? I cannot seem to find this information in NRS 116.

Federal homebuyer tax credit deadline fast approaching

In some areas, sellers are racing to put their homes on the market before the temporary homebuyer tax credits expire. Currently, homebuyers who qualify need to be in contract to buy a home by April 30. The transaction must close by June 30. The word on the street is that the credits won’t be extended again.

Pardee to open Solstice April 17

On April 17, Pardee Homes will celebrate the opening of its newest Southern Nevada neighborhood — Solstice located in the master-planned Aliante community in North Las Vegas.

Lennar offers 90 move-in homes available before tax credit deadline

According to Jeremy Parness, Lennar Las Vegas Division president, buying a new home is now a little easier, thanks to the federal tax credit and low interest rates being offered for a limited time. Lennar has 90 move-in ready homes available that will meet the tax credit deadline at several of its new-home communities in the Las Vegas area.

Harmony holds grand opening

Avalon is Harmony Homes’ newest neighborhood located at Vista Cielo in North Las Vegas offering amenities including a community park and pool, children’s playground, picnic area and open space. Floor plans measure 2,409 square feet and prices start at $180,000.

in brief

IN BRIEF

HORSE RACING

Aggies coast past Crusaders

After missing the postseason for the first time in program history last year, Arbor View’s baseball team is determined to return to the Sunset Region playoffs.

ON TV/RADIO

BASEBALL

Gonzalez gives 51s another strong start

The 51s have played only two games, but the 2010 edition has achieved something last year’s team never did: a winning record.

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