If you want to buy a condominium with an FHA-insured mortgage, be aware that the path isn’t as smooth as it could be.
Real Estate News
Homebuyers can thank Apple for this week’s dip in mortgage interest rates.
May kicks off National Historic Preservation Month and the Nevada Preservation Foundation has expanded its second annual Vintage Vegas Home & History tour to two days this year to be held May 7-8.
My homeowners association has limited rental restrictions in our complex. I have lived there for 10 years. I bought in 2005 and am upside down in my mortgage. I am a young, single female, college graduate. I am wondering how I can get around this rent restriction if say, I should marry and move away, or if I should find a job out of state.
Millennials who are paying high rent and making student loan payments might find it daunting to save to buy a house. For some, it’s impossible. Others might be able to do it if they have the discipline to set aside money rather than spend it.
Homebuyers might want to keep a close eye on mortgage interest rates.
Rental rates are rising across the Las Vegas Valley. The southwest portion has seen the biggest increase of nearly $100 followed by the southeast at $86, according to a report by Las Vegas-based Applied Analysis.
Interest rates on mortgages were mostly unchanged this week as markets anticipate the Federal Reserve”;s upcoming policy-setting meeting on Tuesday and Wednesday.
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.
There are many home-related tax breaks that homeowners can claim each filing season. But there also are a lot of added costs that come with purchasing a home. For buyers unable to make a down payment of at least 20 percent of their home”;s purchase price, one of those costs is private mortgage insurance, or PMI. A PMI policy is coverage that you, the homebuyer, pay for, but it protects your lender in case you default on your loan.
Weighing the rent-versus-buy decision? Both have upsides. So before deciding, think about these factors.
I have lived in a northwest gated community for the past nine years. For the last four years, the next-door neighbor”;s vendors have parked in front of my house whenever he needs work done on his house. I have complained to the staff at the guard house. I am a senior citizen in my 70s and am home most of the day. I don”;t feel that I should be the one to confront the vendors, who get very surly with me
Question: We currently own a vacation timeshare, but we are thinking about selling it. Can you direct us to some reputable firms that handle timeshares? We have paid off the mortgage and only pay monthly dues. — D. S.
Single women are surpassing single men in the homebuying arena, according to a new report from the National Association of Realtors.
The HomePath Ready Buyer program is targeted to first-timers entering the housing market and is a government-sponsored enterprise.