THE SAGA OF LAKELAND ROAD - A CLIENT'S POEM We love helping our clients close short sales. Some of them have more twists and turns than others and there is no better feeling than when we see the weight come of the shoulders of our clients when we finally close. We just closed a particularly turbulent short sale and our client wrote a poem to capture the essence of the process. Please click the Continue Reading
short sales - Page 2
Will you be kicking yourself 5 years from now for not buying a home?
WILL YOU BE KICKING YOURSELF 5 YEARS FROM NOW FOR NOT BUYING A HOME? I remember the days in 2003, 2004 and 2005 when buyers were all saying, "I wish I would have bought in 2000". Now we all know that the market got extremely overheated and prices went nuts. I'm not hoping for that market again, but I am seeing signs of improvement in our market and I wonder if we aren't at a point when in 4-5 Continue Reading
How long can I stay in my home?
HOW LONG CAN I STAY IN MY HOME? I'm often asked this question when listing a client's home as a short sale. With all of the changes taking place in the short sale market, it's difficult to have a set answer. The answer these days is less time than it was even a a few months ago. The bank that holds the mortgage wants the seller to stay in the home right up until close of escrow. Once we list a Continue Reading
Las Vegas Real Estate Market Update April 2012
LAS VEGAS REAL ESTATE MARKET UPDATE APRIL 2012 Have you ever heard the saying "If you don't like the weather, wait a minute." Well, that applies to our real estate market too. The most recent development surrounds our current inventory. As of this moment we have 5,474 single family homes available in our entire multiple list. We have 13,113 single family homes in escrow. We have closed 3,195 Continue Reading
Will The New Legislation Put A Freeze on Foreclosures?
WILL THE NEW LEGISLATION PUT A FREEZE ON FORECLOSURES? We have all heard the doom and gloom being espoused about AB284. The legislation in general terms increases the responsibilities of the foreclosing entities. It asks them to provide a sworn affidavit and other elements with the intention of preventing incorrect and illegal foreclosures. The banks pushed back hard against this bill, but to Continue Reading
What Should I Do With A Low Offer On My Short Sale Listing?
WHAT SHOULD I DO WITH A LOW OFFER ON MY SHORT SALE LISTING? Short sales are unique in a lot of ways. One way they aren't unique here in Las Vegas is that the bank holding the lien will want fair market value for the home. The lien holder will recognize that they need to offer some discount for the inconvenience, but that discount is usually in the form of buyer closing costs or a couple of Continue Reading
A Prescription For Life Challenges
A PRESCRIPTION FOR LIFE CHALLENGES More than ever in my life I have been challenged to remain well grounded. This is not intended to be a confession but a declaration of fact about the world that surrounds me. So many of my friends and business acquaintances have expressed that the challenges of family, work and finances are overwhelming. From a macro standpoint, the challenges of our Country and Continue Reading
Client Testimonial
CLIENT TESTIMONIAL Today we received a beautiful Edible Arrangement from a client we have been working with and while we all enjoyed the delicious fruit, what we treasure most is knowing that we have exceeded our client's expectations and provided excellent service. Continue Reading
February Market Conditions
FEBRUARY MARKET CONDITIONS Available inventory remains stable in the market. Prices remain stable for listings under $200,000. Listings above that are still experiencing some small drops. Short sales dominate our market but traditional sellers are making up a bigger portion of our current inventory than we've seen in recent years. We've seen some small improvement in appraisals where the Continue Reading
A Testimonial From A Lender We Are Working With
Check out this awesome testimonial we've received from a lender we're working with. "I sure will, thank you! By the way, your group is one of the most efficient real estate groups, I have had the privilege of closing a transaction in the past three years. Extraordinary job!! You and your group/team, certainly stand WAY ABOVE your competition!!! OUTSTANDING JOB!!!! Thank you for accepting the Continue Reading