Las Vegas Real Estate News...
Mortages - Inheriting a Home, and a Loan - Vickie Elmer, The New York Times
by Pete Duignan @ http://www.peteduignan.com on 11/21/11THE death of a family member may bring a barrage of sadness, a bequest of property — and a mortgage to repay. Read the full story here.
Nevada foreclosure starts drop sharply - Hubble Smith, Las Vegas Review-Journal
by Pete Duignan @ http://www.peteduignan.com on 11/16/11Nevada foreclosure starts plummeted 81 percent in October in reaction to a new law that imposes stricter requirements on filing notices of default, online listing service ForeclosureRadar.com reported Tuesday. Read the rest of the story here.
Are you ready to be a landlord? - by WSJ.com
by Pete Duignan @ http://www.peteduignan.com on 11/13/11Pitfalls and triumphs of being a landlord...here.
How to Read Zillow, Trulia and other online home price websites - by WSJ.com
by Pete Duignan @ http://www.peteduignan.com on 11/13/11
Interesting article on the positives and negatives of using online home price websites to figure out the value of your home... here.
Residential rentals
by Pete Duignan @ http://www.peteduignan.com on 10/06/11Many tenants still out there. Affordable, well maintained homes are renting fairly quickly.
Investment Homes - Rentals I
by Pete Duignan @ http://www.peteduignan.com on 09/27/11Still a lot of people needing a decent place to rent. Many of the potential tenants I've worked with recently haven't rented in years but are forced to do so now due to foreclosure. They need to rent for a few years, get back on their feet financially and move forward.
HOA Fraud Investigation
by Pete Duignan @ http://www.peteduignan.com on 09/24/11Looks like this investigation is going to put some bums in prison for stacking the decks on HOA board election fraud. Many people don't like HOA boards/rules even when they are trying to do a good job for the communities. The games that have gone on according to the investigation certainly don't help the general perception of HOAs.
If I had a dollar...
by Pete Duignan @ http://www.peteduignan.com on 09/23/11...for every time within the last two years that clients told me the banks were going to release thousands of houses on the market soon. I guess if people keeping saying this long enough it will eventually happen. Right now the banks don't seem to be releasing much inventory. Why? Wish I had the answer!
Time is of the essence
by Pete Duignan @ http://www.peteduignan.com on 09/22/11
Not that many REO / Bank Owned cheap (under $130K) houses on the market right now - at least in the very popular areas. Buyers need to be ready to make the offer quickly. Some banks are making a quick decision, others just keep the house on the market for a few weeks then pick best offer. A lot of disappointed buyers - and real estate agents!
Lower priced houses
by Pete Duignan @ http://www.peteduignan.com on 09/22/11Currently a lot of home buyers and investors buying up lower priced houses. Multiple offers - Recently I've seen 12 offers on one house, 10 offers on another.











