News
Thanks Tim Reid…
Last week Tim Reid, of Reuters, interviewed me about the effects of AB 284 on the local housing market. While I’ve harped on the issue before and used data to back up my opinions it was nice to see that others feel the same way and that our plight is getting national attention. Click on […]
Reno Real Estate Weekly Round Up 6/22/2012
Billionaire buys Hawaiian Island- MSNBC Two golf courses and 88,000 acres… not to bad for a vacation island. Shadow Inventory Drops to 2008 Levels- CoreLogic Lack of distressed properties drops inventory nationwide. Rumors of Fannie Mae holding off foreclosure until after the election. Foreclosure review deadline extended- DSnews Period to request an independent foreclosure review […]
Weekly Real Estate Roundup 6/15/2012
Nevada now 3rd in foreclosure rate- RGJ Thanks AB 284! Eminent domain used to take over mortgages?- MSNBC Mortgage Resolution Partners put forth a plan to work with investors and local governments to condemn underwater homeowners without using tax payer dollars. Jail time for unkept lawns- AOL A city in Long Island, NY […]
Get paid $3,000 to Short Sell Your Home.
Recently Kristopher and I were tasked with helping a dear friend of mine short sell her home. When the payment of your mortgage is too much of a burden and you are far from ever recovering (turning right side up), it may be time for you to short sale your home. Instead of riding out […]
Still Want All Your Closing Costs Paid For? Time May Be Running Out
HUD wants to reduce closing cost concessions to 3%. Let your voice be heard and ask for them to remain at 6%. We need more home buyers in the market.
Cost of FHA, Fannie, and Freddie loans rises…
Cost of FHA, fannie mae, and freddie mac loans rises for Reno and Sparks home buyers. Why... Read on
HARP 2.0: Refinancing for Underwater Home Owners
Refinance program for underwater homeowners. Changes in policy for the government refinance program, HARP (Home Affordable Refinance Program).
Reno Earthquake
At approximately 11:37 pm pacific standard time on
Reno/Sparks Market Update for 3/12/2011
Here were are again for the
The Cost of Homeownership Goes Up for FHA Homebuyers
On February 14th, 2011 HUD sent out Mortgagee Letter 11-10 in order to ensure that the FHA Mutual Insurance Fund will remain financially sound.