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Real Estate News

HOA wants to work with master association

What I would suggest is that you ask for a joint meeting between the two boards and have a discussion about the typical violations that the master association hears in its executive sessions. Find out what its board would recommend to your board as to how those violations can be reduced. Your association could not only share that information with its membership but could begin to revise its rules and regulations to make them more consistent with the master association.

Many taking advantage of low mortgage rates

Good news for homeowners who have not refinanced their home loans: Mortgage rates stayed about the same this week. That means mortgage rates have settled near their lowest levels in generations.

Buying a time-share in Vegas

Time-share ownership is on the rise, and Las Vegas is ground zero for developments with amenities like great pools, rooms with kitchens, dining and shows.

Resale Home Sales July 1-6

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 or on Facebook at www.facebook.com/RJRealEstateLV.

State has limited HOA power over trash cans

The 2013 legislative session addressed this issue with the passing of Nevada Revised Statues 116.332, “the right of units’ owners to store containers for collection of solid waste or recyclable materials.

Real estate is top investing choice survey finds

When we gave people a few choices and asked them to pick the best way to invest money they wouldn’t need for more than 10 years, the most popular answer was real estate. Next were cash investments, such as CDs and savings accounts.

All real estate offers need to be in writing

The statute of frauds says that verbal contracts don’t count in the sale of real estate. Even if you agreed in the presence of witnesses to take their bid, and even if you accepted a good-faith deposit to bind the deal, you couldn’t hold them to it if they changed their minds later.

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Understanding your rights and responsibilities in a rent-to-own agreement is essential. If you don’t you could end up in a rent-to-rent situation without making any progress toward homeownership.

Battery-powered homes

Some people are asking these questions: Can the addition of lithium-ion battery storage systems to residential homes lead to more energy independence for Nevada consumers? How easy is it to live in a battery-powered house?

Starter home vs. waiting for better

It’s the question for newbie buyers: Buy a starter home, or wait to buy something better? There is no “right” answer. But there are a handful of factors worth considering.

GLVAR promotes summer safety campaign

The Greater Las Vegas Association of Realtors and its more than 12,500 local members have a long history of helping homeowners and supporting good causes in Southern Nevada.

Refinancing surges as mortgage rates stay low

Mortgage rates remained near historic lows this week, unleashing a deluge of phone calls and emails to mortgage companies from homeowners looking to refinance their existing loans.

The solar rooftop economy in Nevada

Nevada homebuilders and homeowners jumped on the rooftop solar bandwagon to save money and live the green life.

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