Wednesday, March 28, 2012

Las Vegas Real Estate News

Las Vegas Real Estate News

Link to Las Vegas Real Estate News

Market Leader signs up another franchisor

Posted: 28 Mar 2012 06:26 AM PDT

Company will provide tools to Better Homes and Gardens Real Estate agents

read more

LAS VEGAS BULLISH ON REAL ESTATE RENTALS AS RATES INCREASE

Posted: 28 Mar 2012 03:44 AM PDT

  1. Rents are rising because mortgages are harder to get and because the conventional wisdom that "owning always wins" is diminishing.  Percent of American households who own their homes has fallen to 65%. It'll likely keep falling to closer to 60% over the next few years. This bodes well for rents.
  2. As rents rise, home prices fall, and mortgage money remains unnaturally cheap, we've reached the point where investors see growing returns on investment properties. There's a well-funded investor pool who can take advantage. They're buying.
  3. As rents rise, those non-investor home buyers see more opportunity buying vs. renting. As long as they can get a mortgage, there are relative opportunities.
http://blog.altosresearch.com/home-prices-rising-rents/

DON'T MISS! FREE LIST HUD PROPRTIES + GOVERNMENT FORCLOSURES  <-hit

DON'T MISS! FREE LIST HUD PROPRTIES + GOVERNMENT FORCLOSURES  <-CLICK 

DAVID COOPER'S TEAM at SINCE 1917 REALTY HELPS YOU GET SUBSTANTIAL DISCOUNTS on LAS VEGAS HOMES FOR SALE

DAILY LIST OF HOMEPATH FORECLOSURES - 10% DOWN TO INVESTORS, 3% TO 1ST AND 2ND HOME BUYERS

DAILY LIST HUD PROPERTIES + GOVERNMENT FORECLOSURES. 100'S OF $60,000 TO $90,000 HOMES in good Areas with Great Rents

* professional work crews intact for all rehab and remodeling

*PROPERY MANAGEMENT 

*35 year track record TURN KEY SOLUTION to investing in homes in Las Vegas 

 CALL DAVID COOPER 702-499-7037
 

         
EMAIL me: 

LAS VEGAS MASSIVE INFLATION TO DRIVE RENTAL HOME PRICES HIGHER

Posted: 28 Mar 2012 03:12 AM PDT

Massive inflation" is poised to strike the U.S. economy and the best hedge against galloping prices won't be gold but real estate, says the sector's mogul Donald Trump.

Gold, a fixed asset whose supply does anything but fluctuate, has long been used as a hedge against inflation, although real estate will do a better job going forward due to its availability and current pricing.

"The bottom line is I love real estate," says Trump.

"I like it because I think you are going to have massive inflation at some point, and to me real estate is a much better hedge against inflation than gold, which you can't touch."

http://tiny.cc/tjaqbw

  • DON'T MISS! FREE LIST HUD PROPRTIES + GOVERNMENT FORCLOSURES  <-hit

    DON'T MISS! FREE LIST HUD PROPRTIES + GOVERNMENT FORCLOSURES  <-CLICK 

    DAVID COOPER'S TEAM at SINCE 1917 REALTY HELPS YOU GET SUBSTANTIAL DISCOUNTS on LAS VEGAS HOMES FOR SALE

    DAILY LIST OF HOMEPATH FORECLOSURES - 10% DOWN TO INVESTORS, 3% TO 1ST AND 2ND HOME BUYERS

    DAILY LIST HUD PROPERTIES + GOVERNMENT FORECLOSURES. 100'S OF $60,000 TO $90,000 HOMES in good Areas with Great Rents

    * professional work crews intact for all rehab and remodeling

    *PROPERY MANAGEMENT 

    *35 year track record TURN KEY SOLUTION to investing in homes in Las Vegas 

     CALL DAVID COOPER 702-499-7037
     

                 
    EMAIL: davidcooper@lasvegaswinner.org

Renting A <b>Las Vegas Real Estate</b> Property | Real Estate Management

Posted: 28 Mar 2012 12:46 AM PDT

Las Vegas Real Estate business has been growing stronger and stronger With every passing year. Last year alone most Units that were sold or bought fetched extravagant charges. Yes, this is the Right time to purchase a ...

AgentCasts Real Estate Video Tours – The Jerry Fedewa Homes <b>...</b>

Posted: 27 Mar 2012 08:07 PM PDT

EVERYTHING YOU NEED TO KNOW ABOUT THE LAS VEGAS REAL ESTATE MARKET ... real estate las vegas – Las Vegas real estate crash and economic collapse #14 retail floundering across LV. March 27, 2012 ...

Solving Your Mortgage Crisis Just Got Easier

Posted: 27 Mar 2012 09:45 PM PDT

Solving Your Mortgage Crisis Just Got Easier

5 Steps for a Successful Short Sale

Lenders and the federal government, prompted by the sheer volume of loan modification and short sale requests, have overhauled their systems and programs, making the foreclosure avoidance process much easier than in the past.

If you are considering short selling your home to avoid the financial and emotional fallout of foreclosure, you should be aware of the five steps you should take to increase your chances of a successful transaction.

 

First, do you qualify?

You must:


1.       Have a verifiable hardship, like unemployment, medical bills, or relocation
2.       Must have a monthly income shortfall
3.       Be insolvent (you have no cash or assets that can be sold to pay down the mortgage), 
      or headed towards insolvency

 

If you meet these qualifications, follow these five steps to a successful short sale:


1.       Contact me so we can identify your servicer, fill out a short sale packet for the lender, 
      and assemble all the required information needed to list your home for sale
2.       Gather financial information (i.e., bank statements, pay stubs) from at least the last three
      months
3.       Keep your house in showcase condition for showings, and make as many repairs as
      necessary and that you can afford
4.       Expect the lender, junior lien holders, and private insurance companies to request more
      paperwork, and try to gather requested information quickly to ensure transaction efficiency
5.       Set realistic expectations and work with me, the lender, and the buyer to the satisfaction
      and benefit of all parties involved

 

For more information about how the short sale process works, or about any other foreclosure alternatives you may qualify for, call me today. I can help you alleviate the burden that the threat of foreclosure brings, and we can develop a strategy to help you breathe a little easier.

 

IMPORTANT GOVERNMENT DISCLOSURE: You may stop doing business with us at any time. You may accept or reject the offer of mortgage assistance we obtain from your lender (or servicer). If you reject the offer, you will not have to pay us for our services. The above brokerage is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan.

Foreclosure fears foster true grief

Posted: 27 Mar 2012 09:34 PM PDT

Foreclosure fears foster true grief

Reports of foreclosures by the millions have been in the news so much over the past few years that to some, it might seem like the new normal. 

But as a real estate professional who is in the trenches with financially stressed homeowners every day, it never for a second feels to me like business-as-usual.

The prospect of losing one's home is right up there among the major sources of grief, and often, it goes hand in hand with other tragic setbacks such as the loss of a job, a divorce, death of a loved one, mounting medical bills or skyrocketing mortgage payments.

Unfortunately, the first stage of grief is denial, and that's even more the case when the threat of foreclosure is looming. No one wants to talk about or admit financial troubles—even when millions of others have found  themselves in a similar spot.  It's completely understandable, but for homeowners who are behind on mortgage payments, decisive action is often the most critical step toward ensuring the best possible solution.

As a real estate professional who has sought out the Certified Distressed Property Expert (CDPE) designation, I help homeowners to deal with every aspect of the grief and uncertainty that accompanies a mortgage which is no longer manageable. In the process, I help them to get on a path of financial solvency.

If you or someone you care about would like to change the course of a life that's facing foreclosure, I get it and I can help.

Contact me today at 702-622-0601 FraserProperties@aol.com.

Hillgirlz Social MIX: <b>henderson real estate</b>

Posted: 27 Mar 2012 05:30 AM PDT

In 2004 and 2005, real estate listings for Henderson Nevada were a hot commodity for investors because of steadily increasing property and appreciation values. What investors want to know now is whether a stake in Henderson, Nevada real ...

<b>Las Vegas Real Estate</b> Market Trends 2012: Las Vegas Area Buyers

Posted: 27 Mar 2012 02:30 PM PDT

Las Vegas real estate in 2012 will no doubt be a wild and wacky and an unpredictable market resulting in broken crystal balls as it has been for the last 5 years. This I am sure of. My 2012 Las Vegas real estate market trends ...

real estate las vegas – <b>Las Vegas real estate</b> crash and economic <b>...</b>

Posted: 27 Mar 2012 04:20 AM PDT

EVERYTHING YOU NEED TO KNOW ABOUT THE LAS VEGAS REAL ESTATE MARKET ... real estate las vegas – Las Vegas real estate crash and economic collapse #14 retail floundering across LV. by admin • March 27, ...

las vegas apartments – Apartments.com Tivoli Verona in Las Vegas <b>...</b>

Posted: 27 Mar 2012 04:19 PM PDT

EVERYTHING YOU NEED TO KNOW ABOUT THE LAS VEGAS REAL ESTATE MARKET ... real estate las vegas – Las Vegas real estate crash and economic collapse #14 retail floundering across LV. March 27, 2012 ...

2 Bedroom Apartment at E Flamingo Rd in , Las Vegas, NV | Real <b>...</b>

Posted: 27 Mar 2012 06:44 PM PDT

EVERYTHING YOU NEED TO KNOW ABOUT THE LAS VEGAS REAL ESTATE MARKET ... real estate las vegas – Las Vegas real estate crash and economic collapse #14 retail floundering across LV. March 27, 2012 ...

Las Vegas money pit halved the value of Property and Building <b>...</b>

Posted: 27 Mar 2012 04:02 PM PDT

EVERYTHING YOU NEED TO KNOW ABOUT THE LAS VEGAS REAL ESTATE MARKET ... by admin • March 27, 2012 • Las Vegas Real Estate News • 0 Comments. Las Vegas funds pit halved the value of Residence and Creating assets ...

sell real estate in las vegas – AMA Interview on NBC News – Avoid <b>...</b>

Posted: 25 Mar 2012 04:19 PM PDT

sell real estate in las vegas – AMA Interview on NBC News – Avoid Foreclosure with a Loan Modification. by admin • March 25, 2012 • Las Vegas Real Estate Videos • 0 Comments ...

If I bought a ,"typical" three bedroom in Summerlin or Spring valley how much would I pay? If I had cash? Short sales? what about property?

Posted: 27 Mar 2012 04:47 PM PDT

taxes?

Las Vegas Homeowners: There Is No Magic Time Machine

Posted: 27 Mar 2012 01:25 PM PDT

From time to time everyone thinks about high school and ponders, 'If I only knew then what I know now', or 'If I could just go back, I would do this differently...'  Heck, Hollywood makes a movie about this seemingly every year.  Unfortunately Hollywood has it wrong; there is no time machine.

Since there is no flux capacitor and we can't reverse the clocks back to the peak in 2007, let's let go of the past and start looking towards the future so we don't make the same mistake twice and miss the market again.  With the right real estate professional on the job, it is not uncommon for a bank to let a homeowner walk away from their home and forgive them of the debt they owe.  Some banks are even paying the homeowner to short sale.  Bottom line: there simply is no better time to get rid of your underwater home than today.

To give you an example, I just received short sale approval for a client who makes great money and had no real hardship, other than that he bought another property and couldn't rent out his old house for enough to cover his mortgage.  This client received a full release of the deficiency with no out of pocket expense, the impact to his credit was minimal because his debt to income ratio was significantly reduced, and he will be able to secure conventional financing for another property in as little as two years.

The point I'm trying to make, in two years from now, you don't want to find yourself stuck in your current home, wishing you had sold it in 2012 when the time was right.  Dump your property now while the banks finally cooperating.  I have never met a client who short sold their home and regretted it.  On the same token, almost every client wishes that they would have taken care of it sooner.

Finally, in addition to the banks cooperating, there is one major reason you shouldn't wait if you are thinking of selling: The Mortgage Debt Relief Act expires at the end of 2012.  I'm not an accountant, so I have to advise you to talk to a tax professional about how it relates to you (or you can Google it), but basically the Act forgives you of the tax liability that you would otherwise incur from the cancellation of debt due to a short sale or foreclosure.  So if you wait until after 2012 to close the short sale and they don't extend this legislation, then you will have to claim the amount of forgiven debt as income on your taxes.

There is no reason to wait if you owe more than 25% more on your home than it is worth.  At that point, you're basically just renting from the bank for more than you would have to rent from your neighbor.  If you have no other blemishes on your credit, you can buy again in two years with a conventional loan and as little as 10% down or three years with an FHA loan and 3.5% down.  There is no reason to delay starting your clock to re-buy.

Click here to continue reading...

Looking for MH with land or SFR, $30,000 or less, OWC @8.5% ovr 10yrs.

Posted: 27 Mar 2012 12:34 PM PDT

When paying for traffic, measure the results

Posted: 27 Mar 2012 01:23 PM PDT

Market size, seasonal effects can influence vendor performance

read more

Home prices 'double dip' in January

Posted: 27 Mar 2012 01:06 PM PDT

S&P/Case-Shiller 20-city index slides to 2003 levels in January

read more

Primedia to buy Rent.com from eBay

Posted: 27 Mar 2012 01:14 PM PDT

Deal is expected to close in Q2

read more

No comments: