kelly jenson real estate agent

Q: Will A Homestead Protect Me From Foreclosure?

August 30, 2011 | Category: For Sellers | Tags: , , , , , , , ,
Q: Will a homestead save me from foreclosure? A: No A declaration of homestead, in the state of Nevada, can protect interest in an owner occupied property up to $550,000 of equity. Any equity above that amount is not protected.   The declaration protects against: Unpaid medical bills not owed to the Department of Health […]

Fannie Mae HomePath Buyer Incentives

April 21, 2011 | Category: For Buyers | Tags: , , , , , , , ,
Fannie Mae has rolled out their newest incentive for home buyers. We’ve seen Fannie do this before with up to partial closing costs paid for or bonuses to buyers agents but their new program will really help out home buyers with limited funds. The current program offers home buyers a concession up to 3.5% for […]

Down Payment Assistance for First Time Home Buyers

April 7, 2011 | Category: For Agents, For Buyers | Tags: , , , , , , , ,
Well…. the Home At Last Bond Program ran out of money a few months ago but has been replaced by a new program. Currently, the Nevada Rural Housing Authority is offering the Home At Last Wish Program. This first time home buyer program is being run in partnership with Heritage Bank of Nevada and offers […]

Weekly Reno/Sparks Market Update for 2/11/2011

February 11, 2011 | Category: For Buyers, For Sellers, Market Reports, News | Tags: , , , , , , ,
Welcome to our weekly market update for the Reno and Sparks, Nevada area. Interest rates rose again to 5.05% on a 30 year fixed rate with .7 of a point according to Freddie Mac. Bankrate.com This is a dramatic jump from 4.81% last week and the highest interest rate since April 2010. A mortgage amount […]