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Real Estate News

Buying a home? What to expect when you’re closing

On closing day, all parties will sign the papers officially sealing the deal, and ownership of the property will be transferred to you. It’s your opportunity to make any last-minute changes to the transaction.

When to make the leap from renter to homeowner

For many people, buying a home is still the marker of adulthood; it has been part of the American dream for a long time. It’s important to know your own personal financial situation and your own goals before making the leap from renting to owning a home.

Amateur absentee landlord has its hazards

Your note demonstrates once again the hazards of becoming an amateur landlord, and an absentee one to boot.

Las Vegas homeowners build equity

Rising home prices over the past five years have substantially boosted the equity of Las Vegas homeowners and triggered a large increase in refinancing that has lowered monthly payments, according to analysts that track the nation’s housing market.

Berkshire Hathaway partners with Golden Knights

Berkshire Hathaway HomeServices Nevada Properties is now a partner of the Vegas Golden Knights NHL hockey team. The company will offer services to players, employees and families relocating to Southern Nevada.

Study shows Realtors have confidence in local market

Local Realtors continue to gain confidence in the Southern Nevada housing market, with more than nine out of 10 expecting local home prices to keep going up in the next year.

Public meeting on proposed pool regulations to be held Aug. 24

In several columns this summer, I have covered the proposed revised pool and spa regulations for homeowners associations that the Southern Nevada Health District is considering. Public meetings to discuss the issues have changed a bit. The next one is scheduled for Aug. 24 at 8:30 a.m. at 280 S. Decatur Blvd.

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11 must-do’s for the first-time homebuyer

Had it with rentals and roommates and think it’s about time you took advantage of low mortgage rates and became a first-time homebuyer? To make that happen, just follow this simple step-by- step plan.

No time limits on handicapped spaces

Nevada Revised Statute 484B.467 covers handicapped parking. Unless I missed a section in the state law, I do not see any law that states that there is any kind of time limit for a vehicle with proper disability plates and placards to be parked in a handicap parking space. There are associations where the parking spaces are assigned and recorded in their deeds as exclusive use areas for the residents. In those cases, the parking spaces “belong” to the specific homeowners.

Commercial real estate markets improve in second quarter

Commercial real estate in Las Vegas is showing signs of improvement in the retail and office sector, with industrial running at full speed. Absorption stayed strong in the industrial market, as millions of square feet of space came online in the market in 2017, a second quarter report by Colliers International Las Vegas showed.

Golf course ownership becoming a tough market in Las Vegas

The list has been getting longer for the number of golf course owners in Las Vegas that have sold or entered bankruptcy in the past couple of years. Many of these courses have been attached to communities where residents feared things such as closure, redevelopment or long periods of uncertainty due to litigation.

GLVAR tracks a surge in home sales

Local home sales are surging. In fact, according to the Greater Las Vegas Association of Realtors, 2017 is on pace to be the best year for home sales since 2012.

Homeowner says he was only making a suggestion

In our May homeowners association meeting I made a recommendation, based on a simple internet search, to the board about a patrol service for the community in light of a national news story about a murdered young girl found at the rear of our complex. The president, treasurer and board members stated they would like to look further into this matter.

Mortgage rates retreat, Fed likely to keep rates low

Mortgage procrastinators rejoice! It looks like the recent trend of rising mortgage rates has taken the week off, giving homebuyers and refinancers an opportunity to lock in a more favorable rate.

Problems with HOA president escalate

I appreciate the invitation to attend your next board meeting but I am not the person who you need to invite as I am not an enforcement investigator for the Nevada Real Estate Division.

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