For Buyers
Nevada Face of Foreclosure Report For 2013
The Nevada Association of Realtor
Are Short Sales Going To Get Shorter?
The running short sale joke is that no part of them are short. Freddie mac came out yesterday and said that they can speed up FHLMC backed short sales by 50-75% (effective November 1, 2013). The full post is here… Fannie Mae Short Sale Time Frame Among the many reasons they believe their short sale […]
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 […]
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 […]
Goodbye FHA Loans
Looks like FHA loans are on their way out. A couple weeks ago I did a post on the new increase in mortgage insurance for FHA due to a $16.3 billion dollar deficit. Read here. The premise was HUD (FHA) is looking to and most likely will increase MIP (mortgage insurance premium) $15-20$ per month […]
FHA Loans To Cost More For Home Buyers
Be prepared first time home buyers… The cost of an FHA loan will probably go up in 2013 in order to make up for a $16.3 billion deficit currently being run by FHA. Premiums will go up 10 basis points meaning about $13 per month more that buyers will have to pay on their loan. […]
Reno/Sparks Foreclosure Stats September 2012
Ticor Title Company published the September foreclosure stats for Washoe County. Notice of defaults, notice of sales, trustee sale purchases, and new REO listings were down from last month. Only 37 REOs were put on the market in September which is pretty worrisome for buyers as it the lowest total in 2 years and will […]
Relocating to Reno, NV – Renown Advantage
With the recent up-tick in data center development in Reno, NV the rise in real estate demand for residential homes is also increasing.
Why Zillow And Trulia Hurt Your Home Search
This blog is an add on to yesterday’s post about homes being pending when you go to see them. View that video blog here… What do you mean it’s already pending? Today I have the stats behind why Zillow.com and Trulia.com make it so hard to find active homes. A link to the full report […]
What Do You Mean It’s Already Pending?!?!? (Video)
Buyer’s are frustrated… Very frustrated with going to look at homes, falling in love, and finding out they’re pending. The video below describes a way to find out when homes come on the market… immediately. https://www.reno-realty.com/ ajSJztIJVBk” frameborder=”0″ allowfullscreen> For more information on buying or selling in Reno and Sparks, NV contact […]