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Condo HOA keeps raising dues

I live in a condo association. I am wondering how often a homeowners association can raise the monthly dues. Since 2010, the dues have been raised three times. The fourth increase takes effect this month. This seems excessive.

RESALE HOME SALES DEC. 14-20

Editor’s note: Listings include the resale home’s parcel number. The address listed is the homebuyer’s mailing address and not the actual location of the resale home. About 90 percent of these addresses reflect the home purchase. Check the parcel number to make sure. Also, a few transactions do not reflect the market value of the homes. The information is provided by Accudata, a local research firm. For the complete listing, visit RJRealEstate.Vegas or on Facebook at www.facebook.com/RJRealEstateLV.

Fixed-rate mortgage: Just the basics

The most common type of home loan is the fixed-rate mortgage. The interest rate remains the same for the life of the loan, so the principal and interest remain the same, too.

Shopping for the right lender

There was a time when most homebuyers obtained their mortgage loans through their banks or credit unions. Today, however, there are a number of additional home-financing providers. Which one is right for you? Let’s take a look at the options.

Resale Home Sales — Nov. 16-18

Editor’s note: Listings include the resale home’s parcel number. The address listed is the homebuyer’s mailing address and not the actual location of the resale home. About 90 percent of these addresses reflect the home purchase. Check the parcel number to make sure. Also, a few transactions do not reflect the market value of the homes. The information is provided by Accudata, a local research firm. For the complete listing, visit RJRealEstate.Vegas.

Board should call member on bad behavior

A board member without board approval went to this homeowner’s place of business and, according to the homeowner, was very abusive about her wanting to extend her current lease to add a tenants’ friend.

Condo deal falls through because of lawsuit

There are literally thousands of such cases that are flooding the Nevada Real Estate Division with banks’ alternative dispute resolutions cases, and also in the Federal State District Courts. Here is a quick summary of how we got to this point which has not only impacted potential sellers and buyers but also homeowner associations and their members.

LUXURY HOMES SOLD DEC. 1-6

• 7 Vintage Canyon St. – $2.3 million; 8735 square feet. Parcel No. 191-06-714-003. Seller: Amy and Paul Arenson Family. Buyer: P &J Trust.

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