The mortgage document you signed probably says that the lender has the right to sell your debt. Dig it out and take a look. Not to worry, though. If that were to happen, all your original terms and provisions would remain exactly as they are, and the remaining debt should reflect your extra prepayments.
Real Estate News
Mortgage rates rose for the first time this year as the Dow set a milestone by nudging above 20,000.
Let’s be frank: It’s not easy to get a home mortgage. Nor is it impossible. In fact, millions of people apply for and obtain a new mortgage every year.
In 2015, the Legislature passed a 60-day right of redemption. This law allows both the homeowner or their lender to regain possession of the home by paying off the association.
• 9812 Moon Valley Place – $2.5 million; 9,135 square feet. Parcel No. 138-19-220-012. Seller: Daniel A. Bartlett Jr. and Aimee Bartlett. Buyer: Joshua and Rachel Harris Family Trust, dated April 7, 2009.
You could name the board member in your complaint but I would expect the attorney assigned from the association’s insurance company would produce motions to the court to have her name be dismissed.
• 10116 Summit Canyon Drive – $3 million; 12835 square feet. Parcel No. 137-36-615-026. Seller: The Meyers Family Trust Agreement. Buyer: The Omgle Family Revocable Trust.
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.
Mortgage rates have fallen two weeks in a row. The last time that happened was back in September.
Ascaya has lined up artists to showcase each month. This month Niya Rivera is the Henderson luxury community’s artist in residence. Rivera’s installation kicked off this week at the development’s weekly Vino With a View event. The installation will be open for public viewing from 10 a.m. to 4 p.m. daily from Jan. 12-31. Rivera’s artwork will be available for purchase with prices starting at $1,500. For more information, visit www.ascaya.com.
Mortgage rates edged downward this week. Finally.
Q: What do I need to know in order to get a Veterans Affairs mortgage?
“Would you take $10,000 less than your asking price?” don’t answer. Even if you did say yes and they wrote you a check as a good-faith deposit, you couldn’t hold them to it. Just say, “We’ll be happy to consider any written offers.”
Buying your first home can be nerve-racking. As a first-time homebuyer, you will navigate a process that might include uncertainty, excitement, confusion and frustration.
Tiny homes and DC power systems are emerging as architectural design practices that may provide new housing solutions for both baby boomers and the growing millennial generation.