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Real Estate News

Many HOA boards are holding virtual annual meetings because of COVID-19

Many readers are asking about how we conduct our board election meetings that require the written secret ballots to be opened and counted at the election meeting. My guest writers this week are Joyce Winward and Katherine Rader, who are community managers. I asked them to give us some information on this topic:

As we head into summer HOA pools remain closed

As of May 1, the restrictions set by Gov. Steve Sisolak to keep the pools closed have not been released. Your association as others are waiting for the green light from the governor. I suggest that you may want to contact his office.

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The mortgage industry in the age of COVID-19

I don’t need to tell you that these are trying times. Times that almost none of us have ever experienced before. All of the things that we have taken for granted — going to a movie, eating at our favorite restaurant or even taking a walk in the neighborhood park — are now prized. If things as commonplace as these are now gone, how do you run a business during so much turmoil? Let’s take a look at the mortgage business.

Construction industry steps up for Southern Nevadans

First and foremost, we are making sure our workers are protected. We are working with the Nevada Construction Assembly — a group assembled by Gov. Steve Sisolak to ensure construction worker safety. As a participating member, NCA has helped develop policies and procedures to keep workers out of harm’s way. In order to do this, we are educating our workforce. T

Homeowner says builder has not provided guard-gated community as promised

Also, the gates to the community are left open during the day. HOA board said it is for convenience for potential buyers to access the community. With the current pandemic, the sales office is by appointment-only. Yet the gates are still left open during the day.

Designer launches virtual home staging program

Nicknamed the residential illusionist, Gayle Novak works her magic staging occupied and vacant residential homes going on the market. As the CEO/design director of Enhance Your Home LLC, Novak and her team help homeowners and listing agents present properties in the best possible fashion, or what Novak terms “showcase ready.” In response to the current COVID-19 crisis, Novak is helping her clients stage their homes via Virtual Home Staging Consultations, a program she launched April 1.

People want some of their HOA money back

I have seen a few letters to the editor, asking the same question or even where the writer was demanding a credit on their assessments. I would ask my readers to review their 2020 budget. Regardless of the amenities not being used, associations still have operating expenses.

Homeowners can display political signs with some conditions

Under Nevada Revised Statute 116.325, neither the board nor the governing documents of an association can prohibit a unit’s owner or an occupant of a unit from exhibiting one or more political signs within the physical portion of the association that the owner or the occupant has a right to occupy and use exclusively subject to the following conditions.

HOA boards should try to provide complete agendas

Agendas that are sent out with the notification of the meeting are sometimes revised by the time of the meeting date. Generally speaking, this is a result of bids for services that were not received prior to the sending of the agenda. Other additions may require action by the board of unanticipated issues. As to prudent practices, when sending the notification of the board meeting, managers and board members should make the best effort to include a complete agenda.

Agencies call for stay on some HOA towing

Dear readers, with everything going on with the COVID-19 crisis, our homeowners associations need all the help they can get. We are all looking to our state agencies for director and guidance during these troubling times. Here is an announcement from the state Real Estate Ombudsman Charvez L Foger on towing in communities.

Nevada Contractors Association implements new policies; helps community

The COVID-19 pandemic will leave a mark on our Southern Nevada community, but as we have proven time and time again, we are resilient, and we will come back. We are Nevada Contractors. We are a major employer and partner to our community, and we have an obligation to maintain its health and vibrancy.

Mortgage rates get left behind after Feds’ slashing spree

While it seems like the whole world is collapsing around us — let’s remember that “this too shall pass.” If you’ve checked mortgage interest rates recently you’ve probably been shocked by what your loan officer quoted you. While the Federal Reserve just reduced the federal funds rate to essentially zero — mortgage rates skyrocketed. What happened? What should you be doing now if you are an existing homeowner, or are considering a home purchase?

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