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Real Estate News

Airbnb leaves the legal stuff to you

Need a little extra dough and considering cleaning up that extra room in the back and renting it out? Want to rent out your house while you’re in California next week?

Resale home sales May 27-June 1

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.

Can HOA use radar guns to catch speeders?

A number of legislative years ago, there was a proposed Nevada Revised Statutes 116 law which would have allowed homeowner associations to utilize radar guns as a means of documenting speeders within their communities, with the ultimate goal of reducing speeding. This proposed law was defeated.

People are doing more remodeling projects

About 28 percent of U.S. homeowners plan to remodel, expand or otherwise improve their homes in the next 12 months, according to the latest Bankrate Money Pulse survey. Millennial homeowners are the most likely age group to indicate they have plans to make home improvements. The survey was conducted March 17 to 20 by Princeton Survey Research Associates International and included responses from 1,000 adults living in the continental United States. The margin of error is plus or minus 3.8 percentage points.

THE LATEST
Investors mail offers for out-of-state property

There are many factors that delay an inspection. It’s not just that my schedule gets full; it’s also that sellers drag their feet, tenants refuse access to their home, agents create unrealistic deadlines, buyers go out of town — the list goes on.

Mortgage rates drop after disappointing jobs report

Mortgage interest rates declined this week after a disappointing jobs report and a speech by Federal Reserve Chairwoman Janet Yellen that seemed to take a June rate hike by the Fed’s rate-setting committee off the table.

REAL ESTATE BRIEFS

Housing prices increase in May

RESALE HOME SALES May 20-25

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.

Rearch HOA before you buy into community

While some might view homeowners associations as dictatorships, Randy Watkins, owner of Complete Association Management Company, said they’re in place to ensure that neighborhoods are attractive and enjoyable.

Tips on how to pay off your mortgage early

Paying off your mortgage in 10 years might sound impossible, and it is — for some homeowners. In fact, some people need decades to pay back the home loan they borrowed from the bank.

Use comparables instead of tax-assessment figure to price home

Q: We are getting ready to sell our house. We bought it in 1967. Our tax bill says it’s worth $260,000. Is that how much we should ask for it? Should we hire an appraiser? What if our Realtor advises us to sell the house for some other amount? — J.

Sometimes the best thing to do is walk way

Homebuyers see all sorts of potentially offensive things in sellers’ homes. The list includes everything from dirty underwear, feces-flinging pets, animal-head trophies and drug paraphernalia to swastikas, Confederate flags and shrines to rival sports teams.

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