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Real Estate News

Homebuyers want technology with personal guidance

In the digital age, the way people find the home they want to buy is changing. Instead of driving around in search of “For Sale” signs in front yards, more and more consumers are picking up gadgets to start their search. According to research by Zillow, 87 percent of homebuyers use online resources to search for a home, with two-thirds of millennials searching on mobile devices.

Barking dogs can create fines for homeowner

The association has the authority to assess fines upon violators. Fining a homeowner does not necessarily equate to compliance. In your case, you need to contact animal control as there are county ordinances pertaining to barking dogs.

Neighborhood has a ‘public nuisance’ house

Nevada Revised Statute 116.310312 addresses the power of the executive board in dealing with homes that can be declared “public nuisance.”

Las Vegas home prices compared to other metro areas

How much salary do you need to earn in order to afford the principal, interest, taxes and insurance payments on a median-priced home in your metro area?

GLVAR’s new home is taking shape

Like proud homeowners watching their dream home being built, members of the Greater Las Vegas Association of Realtors are excited to see the association’s new headquarters taking shape in the southwest part of Las Vegas.

Advantages and disadvantages of a fixed-rate mortgage

Buying a home is likely to be the largest purchase you will make during your lifetime. It’s important that you understand the terms of your loan and work with your lender to identify the best loan product for your situation.

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Getting the terms mortgagor and mortgagee straight

Perhaps the confusion comes because we all talk about “getting a mortgage” to buy property. What we really need is money. What we get is a loan. We don’t get a mortgage at all. On the contrary, we sign a mortgage (in some states, a trust deed) that gives the bank a claim against the property, along with a bond or note, which is a personal promise to repay. We hand the bank the mortgage and the note; it takes it and in return gives us a check.

Leaving pedestrian gates open creates liability

I thoroughly understand the costs of the continual opening and closing of the gates but the association needs to weigh that cost against a possible personal injury lawsuit. I know that some associations set a time frame to open and close the vehicular gates to correspond with morning and evening traffic but leaving the pedestrian gates opened all of the time is a new one to me.

Still time to capitalize on summer sales season

School may be back in session, but it’s still summer here in sunny Southern Nevada. Like triple-digit temperatures, we haven’t seen the last of the summer home selling season.

HOA board can respond to owner’s letter

f this was a letter addressed to the board, a response could have been made to that one homeowner. It is not necessary to send the same letter to all of the homeowners.

E-commerce drives growth in industrial space

The Las Vegas Valley’s industrial real estate market moved strong through the first half of 2017 — following a positive trend in the latest report on e-commerce activity across the nation and in Clark County.

New and existing housing market thrives in the valley

The existing and new-home market in Southern Nevada has been on the rise through 2017 — gaining in number of units sold, median price and construction activity.

Homeowners are the ones to amend CC&Rs

Board of directors can propose amendments to change the governing documents, specifically the CC&Rs or bylaws, but in most cases, only the homeowners can approve these amendments.

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