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Couple create their own slice of Vegas with $1.5 million home — PHOTOS

Joe and Sharon Orzechowski built their own private slice of the Strip in their home at Legacy Estates. The two spent more than $11,000 to build and install a 12-foot, custom Cleopatra craps table manufactured by Pharaoh Manufacturing in California.

RESALE HOME SALES May 20-25

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.

Rearch HOA before you buy into community

While some might view homeowners associations as dictatorships, Randy Watkins, owner of Complete Association Management Company, said they’re in place to ensure that neighborhoods are attractive and enjoyable.

Sometimes the best thing to do is walk way

Homebuyers see all sorts of potentially offensive things in sellers’ homes. The list includes everything from dirty underwear, feces-flinging pets, animal-head trophies and drug paraphernalia to swastikas, Confederate flags and shrines to rival sports teams.

Lien stripping can be used in Chapter 11 bankruptcy

This is a hard one to provide a quick written response. But in essence what the debtor”;s attorney is talking about is a “lien stripping” and “cram-down” procedure only available in bankruptcy. In this situation, that basically means if the property is worthless than the total encumbrance, then the debtor can propose a Chapter 11 plan that removes all liens down to the current value of the real estate.

Use comparables instead of tax-assessment figure to price home

Q: We are getting ready to sell our house. We bought it in 1967. Our tax bill says it’s worth $260,000. Is that how much we should ask for it? Should we hire an appraiser? What if our Realtor advises us to sell the house for some other amount? — J.

Tips on how to pay off your mortgage early

Paying off your mortgage in 10 years might sound impossible, and it is — for some homeowners. In fact, some people need decades to pay back the home loan they borrowed from the bank.

Private golf club community in Summerlin takes shape

In the rugged desert near the Red Rock National Conservation Area a private golf course community is quietly forming. You can see where the 18-hole, Tom Fazio course is being shaped into the heart of what will become The Summit Club, a ultra-luxury residential community near Tropicana Avenue and Town Center Drive, just south of The Ridges in Summerlin.