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Real Estate News

Commercial real estate closes year on high note

Commercial real estate markets in the Las Vegas Valley continued to improve through 2017 across the office and retail sectors, with industrial nearly reaching peak performance prior the recession in absorption, according to analysts.

GLVAR launches Realtor Benevolent Fund to help community

When Chris Bishop was installed as the 2018 president of the Greater Las Vegas Association of Realtors last month, he announced an initiative called the Realtors Benevolent Fund.

HOA overreaches with rules on antennas

Your association cannot charge a $25 fee. A 30-day wait period would be in violation of the unreasonably delay regulation. An indemnity document signed you and the vendor would not violate the FCC regulations. The drawings could possibly be prohibited if there are unreasonable increases in cost. Whether or not neighbors approve the installation, as long as the installation follows the FCC regulations, has no bearing on your right to its installation.

Borrowers beware: These mortgage rules could soon get a face-lift

Loans have to meet certain standards and there are many rules lenders and servicers have to follow. But after a shakeup in leadership at the Consumer Financial Protection Bureau, the future of some policies is uncertain.

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Mortgage rate expected to increase this year

Mortgage rates are expected to climb in 2018, so it might be worth shopping for a mortgage before this long period of low rates takes a turn.

Rules for real estate closings vary from state to state

It’s my own fault. I’m breaking the rule I made maybe 40 years ago that says to stay away from items about real estate closings. The settlement procedures in which sellers finally turn over ownership to buyers vary widely from one area to another.

How to save for a house while renting

If you’re currently renting, but want to someday buy a home, you know that saving up a down payment is an important first step. Unfortunately, everyday life and its many expenses can make it hard to know how to save for a house — especially when you’re paying rent every month. The trick is to balance paying your rent and saving money at the same time.

Can HOAs regulate residential solar panels?

Over the past several years, Nevada news outlets have been abuzz with stories related to the state’s rooftop solar energy boom, the phase out of “net metering” incentives in 2015, and the industry’s subsequent decline.

Change the locks after you sell the home

You’re right, of course. Sellers should turn over all keys to the buyers. Then, prudent new homeowners should call a locksmith promptly to make the changes.

Valley offers variety of home loan programs

One year after Nevada implemented a home loan program to help recruit and retain public school teachers, nearly 400 have bought homes in what has already been deemed a success.

HOA slow to make repairs; enforce rules

You can file a complaint with the Ombudsmen Office. They have a number of options such as intervention or mediation with you and your board. There is a fine line as to what the Nevada Real Estate Division can really do as to your concerns to having the board make repairs or enforce regulations.

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