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Real Estate News

Real Estate Briefs

Ascaya has appointed a new sales consultant at its community of 313 custom luxury home sites in Henderson. He will also work with home site buyers through every stage of the purchasing and design processes.

Resale Home Sales March 9-15

Listings include the resale home’s parcel number. The address listed is the homebuyer’s mailing address and not the actual location of the resale home. About 90 percent of these addresses reflect the home purchase. Check the parcel number to make sure. Also, a few transactions do not reflect the market value of the homes. The information is provided by Accudata, a local research firm. For the complete listing, visit RJRealEstate.Vegas.

Advise for someone who wants to be a real state agent

Most beginning salespersons work as independent contractors rather than employees, so you aren’t likely to be offered a salary, health insurance, income-tax withholding or paid vacation. You’ll probably be offered a “split” — perhaps, as a beginner, half of the commissions you bring in.

Adjustable-rate mortgage: Just the basics

Adjustable-rate mortgages, or ARMs, have monthly payments that can move up and down as interest rates fluctuate.

Resale Home Sales March 1-8

Editor’s note: Listings include the resale home’s parcel number. The address listed is the homebuyer’s mailing address and not the actual location of the resale home. About 90 percent of these addresses reflect the home purchase. Check the parcel number to make sure. Also, a few transactions do not reflect the market value of the homes. The information is provided by Accudata, a local research firm. For the complete listing, visit RJRealEstate.Vegas.

Condo owners complain about secondhand smoke

Unless there was a state law that prohibits outdoor smoking in residential communities or unless the association’s governing documents designate smoking or non-smoking buildings or floors, I would think that you would have a difficult legal battle.

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Siblings can request a forced sale of family lake house

Any co-owner of real property has the right to go to court and request a forced sale. One lawyer told me, “It’s like foreclosing on yourself.” The property is sold at an all-cash public auction, which is not likely to yield full value. Doing that won’t do much for family harmony.

Three facts about zero-down VA home loans

The VA home loan is one of the best mortgage deals around, partly because these loans available to service members, veterans and some military spouses are “zero-down.”

Mortgage market exhales in relief, and rates drop

Homebuyers and refinancers have received a belated gift from the Fed: Mortgage rates have fallen because the Federal Reserve reassured bond investors that it won’t raise short-term interest rates aggressively.

Resale Home Sales: Feb. 23-28

Editor’s note: Listings include the resale home’s parcel number. The address listed is the homebuyer’s mailing address and not the actual location of the resale home. About 90 percent of these addresses reflect the home purchase. Check the parcel number to make sure. Also, a few transactions do not reflect the market value of the homes. The information is provided by Accudata, a local research firm. For the complete listing, visit RJRealEstate.Vegas.

There a lot of legal pieces to this HOA puzzle

Do you like jigsaw puzzles, the ones that have more than 500 pieces? If you do, then you will enjoy following the various federal and state court decisions pertaining to Nevada associations and their foreclosures.

Concerning smoke, condos, timeshares and inherited homes

This past week, lots of readers were commenting on each other’s problems. Here’s the simplest suggestion that came in for those unhappy condo owners:

Mortgages rise, again

Even before the Federal Reserve raised short-term rates, mortgages already had gone up to their highest level in nearly three years.

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