The present owners may have some tax abatements. These differ from one area to another and may offer discounts to low-income owners, seniors or veterans. On the other hand, local offices sometimes add in items like the owners’ unpaid water bills. For any house you’re considering, determine its true tax figure.
I’m a seller and after four months of granting homebuyer’s contract extensions, I’m not going to grant another. I want my house back on the market. The current buyers have financing issues and apparently have made purchases and deposits on several things in the run-up to closing, and that has jeopardized their credit. I’ve signed off on previous extensions, but the last contract extension is now expired. Am I still at the mercy of the buyers? — Jill J.
The summer Las Vegas real estate market is bustling with an influx of home shoppers visiting new-home neighborhoods and model homes.
If you’re deciding whether to lock your mortgage rate, I suggest floating it and consulting with your mortgage loan officer, because rates might head downward. Or rates might hold relatively steady, but you might get a better deal on discount points. Either way, don’t lock until you’ve talked it over with the loan officer, who might advise you to lock right now or maybe even wait until early in the coming week.
The first neighborhood in Summerlin’s newest village, Stonebridge, is now open. Caledonia by KB Home offers nine distinct and floor plans in one- and two-story elevations that are new to Southern Nevada. Caledonia homes range from 1,850 to 3,095 square feet and priced from the mid-$300,000s.
A limited number of single-story, move-in-ready homes are available at Pardee Homes’ luxury Meridian neighborhood in southwest Las Vegas.
Las Vegas residents are all too familiar with the hot temperatures that plague the city during the summer months, but at One Las Vegas, the twin, 20-story condominium towers on the south end of Las Vegas Boulevard, residents have access to some of the coolest amenities around. While the community’s location makes it convenient to access the Strip and surrounding valley attractions, it also provides a private oasis, making residents feel as if they were vacationing at a four-star resort.
The 23rd annual Summerlin Council Patriotic Parade on July 4 drew record-setting attendance of more than 40,000 people from across the valley.
Getting preapproved for a mortgage is important if you are purchasing a new home or a resale.
Multiple benchmark mortgage rates ticked downward this week. The average rates on 30-year fixed and 15-year fixed mortgages both ticked downward. The average rate on 5/1 adjustable-rate mortgages, or ARMs, the most popular type of variable rate mortgage, climbed.
