Tuesday, May 22, 2012

Las Vegas Real Estate News

Las Vegas Real Estate News

Link to Las Vegas Real Estate News

In Vegas, Why Not Check Out a Few of the Parties?

Posted: 22 May 2012 08:12 AM PDT

LAS VEGAS-GlobeSt.com hobnobbed with firms like NewMark Merrill, Lee & Associates, Faris Lee Investments and Jones Lang LaSalle at ICSC RECon12, and learns a few things along the way.

ReCon Panelists: Social Media Key to Driving Retail Concepts

Posted: 21 May 2012 04:38 PM PDT

LAS VEGAS-The economic environment poses formidable challenges for retailers and retail managers, say ICSC experts, who point to social media as a primary platform to help move shopping centers towards growth.

Here is the top GLOBAL real estate referral network online!

Posted: 22 May 2012 12:03 AM PDT

The best real estate networking website online has just added nearly 30 new countries. Be the first real estate professional to show a property in your country!

Here are the countries represented on Postyourpropertieshere.com:

United States
Canada
Mexico
India
Russia
China
Costa Rica
Dominican Republic
Australia
and ever single European Nation as well!

Real estate professionals of all nations are welcome to network and sell real estate on the Postyourpropertieshere.com real estate website. We have MANY THOUSANDS OF REAL ESTATE PROFESSIONALS and are adding more every day! Use our blog, join any of the 180 real estate groups, meet members in 30 different countries, and advertise all types of real estate for sale, all on one high traffic real estate networking website. Show your real estate to the world on Postyourpropertieshere.com.

http://postyourpropertieshere.com/

Las Vegas — PANORAMA HIGHRISE CONDOS — See what is <b>...</b>

Posted: 21 May 2012 03:42 PM PDT

Just make people happy with Las Vegas Real Estate. When I'm not doing that, I'm most like ballroom dancing! :). View all posts by lvrealestatelady →. This entry was posted in Uncategorized and tagged las vegas panorama ...

Find Top Las Vegas Short Sale Realtors

Posted: 21 May 2012 09:51 PM PDT

Las Vegas, Nevada - A recent report named The Myers Team the #1 Short Sale Realtors in Las Vegas.  Number one status was determined by actual short sale listings closed from January 1, 2007 through December 31, 2011.

According to the report, The Myers Team with the Caliber Realty Group has negotiated more short sale approvals and closed more short sale listing transactions than any Realtor or Broker in Las Vegas.  The majority of these closings have been short sales with Bank of America.

The Myers Team is nationally recognized as one of the most influential figures in Real Estate today.  According to Myers Team owner, Bill Myers, "Surrendering a home worth half of what you owe is NOT a failure, it's a business decision.  A short sale is an opportunity for you and your family to take control and walk away free and clear. Nobody wants to lose their home; however, loan modification doesn't work and there is no need to go down with a sinking ship.  Homeowners need to know when to say enough is enough."

Many Realtors proclaim themselves to be short sale experts; however, according to Myers, "A Realtor in Las Vegas can become a Certified Short Sale Expert by attending a one day class at the Board of Real Estate.  The ability to be called an expert in any field should be based upon performance and consistent results; not based upon attending an afternoon seminar." Myers added, "This would be the same as declaring yourself a 'home run expert' after attending a one-day baseball class yet never picking up a bat or actually hitting a ball."  The Myers Team has continually broken sales records, and when it comes to short sale transactions, they are considered by most experts to be industry leaders.

The Myers Team worked for Century 21 for nine years; however, in 2011 they joined forces with the Caliber Realty Group.  According to Myers, "Our Real Estate market has changed; however, most Real Estate companies have not. While most Real Estate Brokers are still learning how to do short sales, the Caliber Realty Group is backed by ownership that has been dealing with Banks and Loss Mitigation Departments for almost three decades." Additionally, Myers said, "A short sale is one of the most complicated transactions in residential Real Estate and experience is everything.  If you needed open-heart surgery, would you go to jack of all trades physician, or would you visit a heart specialist?  The Caliber Realty Group specializes in short sale transactions. This experience allows Caliber Realty to provide a higher caliber of service and stand out in today's unique Real Estate market."

Bill and Francoise Myers have helped hundreds of Las Vegas families avoid foreclosure.  Myers said, "Sellers facing foreclosure must remember that banks are not looking out for you or your family.  When you work with The Myers Team, our job is to get between you and the bank.  We represent our clients, NOT the banks.  It is our job to negotiate the best possible outcome.  Ultimately, our job is to take away the stress, and make the transaction as smooth and stress-free as possible."

Visit The Myers Team web site at http://www.NevadaShortSaleInfo.com
  

Also visit http://VegasShortSaleInfo.com

Top Las Vegas Short Sale RealtorsFind Top Las Vegas Short Sale Realtors

Did You Know You May Qualify For A Short Sale & Then Buy A New Home?

Posted: 21 May 2012 06:35 PM PDT

In some cases if the hardship justifies the short sale necessity and the replacement home, you could qualify for the short sale to be approved and at the same time be approved to purchase another home. There are guidelines and rules that we must meet but YOU DO HAVE OPTIONS.


Contact me today for your confidential appointment to go over your situation and options.

Click here for your free report

Click here to search available homes

Did You Know You May Qualify For A Short Sale & Then Buy A New Home?

Posted: 21 May 2012 06:34 PM PDT

In some cases if the hardship justifies the short sale necessity and the replacement home, you could qualify for the short sale to be approved and at the same time be approved to purchase another home. There are guidelines and rules that we must meet but YOU DO HAVE OPTIONS.


Contact me today for your confidential appointment to go over your situation and options.

Click here for your free report

Click here to search available homes

Did You Know You May Qualify For A Short Sale & Then Buy A New Home?

Posted: 21 May 2012 06:36 PM PDT

In some cases if the hardship justifies the short sale necessity and the replacement home, you could qualify for the short sale to be approved and at the same time be approved to purchase another home. There are guidelines and rules that we must meet but YOU DO HAVE OPTIONS.


Contact me today for your confidential appointment to go over your situation and options.

Click here for your free report

Click here to search available homes

Did You Realize You May Qualify For A Short Sale And Then Buy A New Home Right Away Too?

Posted: 21 May 2012 06:33 PM PDT

In some cases if the hardship justifies the short sale necessity and the replacement home, you could qualify for the short sale to be approved and at the same time be approved to purchase another home. There are guidelines and rules that we must meet but YOU DO HAVE OPTIONS.


Contact me today for your confidential appointment to go over your situation and options.

Click here for your free report

Click here to search available homes

Borrowers Face Increasing Delays in Refinancing

Posted: 21 May 2012 03:17 PM PDT

Despite record low interest rates and a glut of homes currently on the market, potential buyers are facing problems getting mortgages.  Even customers with excellent credit ratings find this happens.  The problems get compounded by trouble in refinancing existing mortgages.  This has persisted despite government efforts to make such procedures flow more quickly. 

Less red tape has not provided a solution.  When homeowners call their mortgage holders to discuss a refinance, the lenders tell them to call back in 60 to 90 days.  A deluge of such requests has left the firms too swamped with orders to be able to address the issue in a timely fashion.

Mortgage rates are now down to near 4%, 4.05% for the week ending April 27.  This puts potentially millions of mortgage holders in a position where refinancing would be advantageous, but the process has been clogged by a flood of applications.  Lower rates from refinancing would put more money in the pockets of homeowners.  This could help to stimulate the economy. 

According to Freddie Mac, the largest mortgage financing agency, homeowners that did manage to refinance in the first quarter of 2012 will realize on average $2,900 in savings in the first year alone.

This would all seem to lead to a spurt of growth in the refinancing sector, yet the rates continue to remain well below historical averages.  This has been traced to the reduction of firms that now operate in this sphere.  Since the financial crises of 2008, many of the smaller firms that once dealt with this have disappeared.  Many went bankrupt or merged with larger firms.  Banks have also grown more cautious about making loans. 

They require more evidence of income and assets from borrowers and now have higher standards for making loans.  Such procedures add to the time it takes to process loans.  Accenture Credit Services claims the average loan now takes 70 days to complete compared with 45 days just one year ago.

With so many applications to choose from, several large lenders have boosted their rates above the market average.  This may lower the number of applicants, but there are still plenty to choose from, and the procedure obviously leads to an increase in profits.  Those profits come at the expense of homeowners hoping for a deal.  They have to settle for less of a bargain than they expected.  They may shop around among lenders who still offer bargains, but are swamped with applicants.

The fees lending firms charge for refinancing also have become a consideration for homeowners wishing to redo their loans.  Lenders may charge $2,000 or more to arrange such a deal.  The costs are almost always a bargain in the long run, but if the savings per month are small, say under $100, coming up with this amount up front may not seem attractive. 

When the loan process is cumbersome and time consuming, such fees become an obstacle not worth overcoming.  In normal periods, the low interest rates currently available would quickly have led to a larger jump in refinancing levels.  This would have boosted the economy more by now.  The fact that this has not happened yet shows the strange times we have entered.

Get Help Buying a Home with Government Assistance – Program #6: FHA’s Energy Efficient Mortgage Program

Posted: 21 May 2012 03:16 PM PDT

If you are an eco-conscious consumer who wants to add some energy-efficient features to your home, you can get help through the FHA's Energy Efficient Mortgage program. Whether you are building a new home or you wish to add to an existing home, you can include the Energy Efficient Mortgage program as part of your FHA home purchase or when refinancing your mortgage.


Determining Your Eligibility for the Energy Efficient Mortgage Program

If you meet the income requirements for the FHA's 203(b) insurance program and you are financially capable of making your monthly mortgage payment, you are likely eligible for the Energy Efficient Mortgage program. To determine how much you can borrow, however, you must obtain an estimate of the energy savings you will enjoy by hiring an energy consultant or using the home energy rating system. The cost associated with getting this estimate can be included in your mortgage.

In order to being personally eligible for the Energy Efficient Mortgage program, the property must also meet certain eligibility requirements. New construction is eligible, as are one to four unit existing structures. You must also be able to make a 3.5 percent down payment based on the sales price or the appraised value of the home. If you are required to pay an upfront insurance premium, these funds can be financed as part of your mortgage loan.


Choosing the Right Energy-Efficient Improvements

The money you receive through the Energy Efficient Mortgage program can be used in one to four new or existing homes. The cost of the improvements can be added to your mortgage so long as the total cost is still less than the total dollar value of the savings you will enjoy over the useful lifetime of your energy improvements. While you are free to select from the many different types of energy improvements available, your improvement must be cost effective in order to be included in the program. The cost of the improvement and the estimated energy savings must be determined by an energy consultant using the Home Energy Rating System (HERS).

In addition to considering the long term payoff of the energy upgrade, the cost of the improvement, the report and the inspections must be less than 5 percent of the value of the property, 115 percent of the median area price for a single family home or 150 percent of the conforming Freddie Mac limit.

Since the energy improvements are not made until after the loan closes, the lender will place your money in an escrow account. The funds will then be released after an inspection verifies that the improvements have been made and the energy savings will be achieved.

I am renting a house in Henderson, NV and my AC is broken. It has been broken since Thursday. My landlords property manager is aware of the problem.

Posted: 21 May 2012 02:23 PM PDT

I have 3 small children. What are my rights?

Is Florida's recovery a precursor to what lies ahead for Las Vegas?

Posted: 21 May 2012 09:44 AM PDT

Homes Las Vegas | Homes in Las Vegas | Las Vegas Real Estate · HOME · Buy A Home · Las Vegas MLS · 55+ Communities · High Rise Communities · GRE Listings · Sell a Home · Investor · Foreclosure · Homes For Rent ...

Las Vegas – More Light Than Tunnel - Greater <b>Las Vegas Real Estate</b>

Posted: 18 May 2012 05:01 PM PDT

THE LAS VEGAS STRIP. Moving Northward - What lies ahead for the famous "Las Vegas Strip"? Looks like action to the North. The Sahara closed one year ago May 16th. It was one of last large resorts on the North portion of ...

Are there any mortgage companies that are financing manufactured homes that have been converted to real property?

Posted: 21 May 2012 12:29 PM PDT

Strong Foundations in Economy Helps Retail's Continued Growth

Posted: 21 May 2012 01:48 PM PDT

LAS VEGAS-According to panelists at ICSC ReCon 2012, although the retail outlook looks good, the headwind is the macro concerns that 'are slowing us down.'

Brokers get OK to push IDX listings to mobile

Posted: 21 May 2012 12:29 PM PDT

NAR midyear: $40 dues hike extended into 2013

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Remixed colonial house offers a seasoned modernity: $2.5M

Posted: 21 May 2012 11:14 AM PDT

House of the Week: from Curbed.com

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Never lose that 'beginner's mindset'

Posted: 21 May 2012 11:02 AM PDT

New ideas can come not only from peers, but innovators in other businesses

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Sale Pending: 3706 W Granada St in 7 Days! | Travis Bell and <b>...</b>

Posted: 17 May 2012 02:05 PM PDT

... South Shore: Apollo Beach · Plant HS District · Waterfront; About Us. About Bell Henderson Real Estate · Bell Henderson Real Estate Bios · About Keller Williams. 813.931.5000. Info@BellHenderson.com. Posts · Comments ...

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