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Be prepared, patient, cooperative on short sales

Some buyers have made offers on short sales, then waited as long as six months to a year only to be denied lender approval. Approval from the seller’s lender(s) of current loans secured by a short-sale listing is necessary if the proceeds from the sale aren’t enough to pay back the lender and cover the seller’s closing costs. About one in three short-sale listings never sell.

Californians plan to retire in William Lyons home

While planning for their future retirements, Jerry and Bobbi O’Neill decided that they wanted move out of Los Angeles. During their research, they found the Mountain Falls master-planned community in Pahrump.

What are renters’ rights when home is in foreclosure?

Q: I was informed that my townhouse is going through foreclosure, but my landlord claimed he’s getting a loan modification. What about the eviction process if the landlord can’t get the new loan? Do I have to continue to live here even after the foreclosure since I have a lease?

Woodside to unveil Madison Colony

The new-home collection at Madison Colony in the Providence master plan is offering a Double Your Tax Credit event this weekend to qualified buyers. There will be food, a children’s park, bounce house and prizes offered.

Shea Homes expands into market

Shea Homes, one of the nation’s largest family-owned home builder, announced its plans to purchase the 532-lot Ardiente master-planned community in North Las Vegas. The private guard-gated development will be renamed Shea Homes at Ardiente. This project was previously owned by Centex Homes, which shut down Las Vegas operations in 2008.