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Reno Real Estate Stats December 2012
The Reno/Sparks market stats, for December 2012, were released by the Reno/Sparks Association of Realtor
Zombie Title In Real Estate?
Well not real zombies… Michelle Conlin, of Reuters, published an article on zombie title. Found here… Special Report: The Latest Foreclosure Horror: The Zombie Title While Conlin only cites one instance it’s actually pretty common… The bank files for foreclosure. On the sale date at the courthouse the bank rescinds their foreclosure or extends it […]
Reno Real Estate Roundup
Detroit Homes for $1- DailyCaller.com Homes this cheap used to be the result of an HOA foreclosure that would rip you off because of the remaining first mortgage. Demand Outpaces Inventory- RGJ.com Nothing new but stas are included from the Builder’s Association forecast. Foreclosure Rate Drops- RGJ.com Hence low inventory. 1.4 million Homeowners Bailed Out […]
How Quickly Do We Need To Make An Offer?
A good read for sellers too. Well, I think I’ve seen the fastest list to accepted offer scenario?(previous record is 8 hours) that doesn’t involve the agent having an inside deal with the buyer and seller prior to listing it. The home came on the market at 4:10 pm yesterday (over $200,000 list). At 5:30 […]
When Will There Be More Homes For Sale?
Shadow inventory is the discussion being had in all real estate offices and mortgage data companies. If you’ve been trying to buy a house or sell one as a traditional sale you know the market conditions. A house goes on the market and is pending in 3 days. Many times for more than the listed […]
Nevada Program To Aid Struggling Home Owners
State Attorney General Catherin Cortez Masto has created the “Home Again” program for home owners who have missed payments or are under water and current with their payments. Home Again is using $11.7 million from the National Mortgage Settlement to offer assistance in contacting your lien holder, finding mortgage relief programs, financial literacy programs, foreclosure […]
Washoe County Foreclosure Stats December 2012
Thank you to Ticor Title for the updated foreclosure stats. You can view the stats by clicking the picture to the right. Not much difference from the previous months other than a rise in the Notice of Defaults (first foreclosure filing). This may mean that banks are finally attending to the delinquent loans and finding […]
Mortgage Debt Relief To Continue Another Year
The Mortgage Relief Debt Act was renewed through December 31, 2013. Orginally, enacted by President Bush in 2007 the Act let owner occupied home owner’s write off the debt in a short sale or principal reduction. You can read more through the following links… DSNews.com HousingWire.com For more information on the Reno/Sparks Real Estate Market […]
Reno/Sparks Market Update For November 2012 (Video)
The Reno/Sparks Association of Realtor
Reno Real Estate Roundup 12/21/2012
Man Charged With Intending To Rape A Real Estate Agent- WFMZ.com Buyers and sellers… This is why we may refuse a first meeting anywhere other than our office. Don’t take it personal. Reno One Of The Top 8 Places To Retire- RGJ.com No link to the actual retirement article because the magazine doesn’t have a […]