News
Weekly Reno Real Estate Roundup 7/13/2012 (Video)
The Biggest Scandal The World Has Ever Seen- TBWS Daily Billionaire Overpays by $100 Million For Mansion- Forbes Apparently county assessors are now appraisers. 10 Best Markets for Buyers and Sellers- DSNews Reno isn’t populated enough to make the list but Vegas was #3 and the Reno market mirrors it. Regional Prices Rise […]
National Mortgage Settlement: Where is the money going?
A little background information to get us started… In March of 2012, 49 state Attorney Generals filed the National Mortgage Settlement to the tune of $25 billion from the five largest loan servicers. Payments from the servicers were to be paid out on a state by state basis with each state receiving different amount depending […]
Weekly Reno Real Estate Roundup 7/6/2012 (Video)
Face to Face: A Rebuttal On AB 284 (Video)
So my quote in the Reuters article, here, regarding AB 284 has moved to the big screen. Well, not really the big screen unless you own a very large flat screen. Face to Face , typically hosted by John Ralston, took on the good and the bad side of AB 284 in a recent taping […]
Reno Real Estate Weekly Roundup 6/29/2012
Evidence Suggests Anti-Foreclosure Laws May Backfire- Reuters A little tooting of the horn on this one. Reuters gave me a couple quotes on the effects of AB 284 in Nevada. Washoe County New Home Sales Up- RGJ Due to lack of resale inventory. Experts Say Housing Prices Are About To Turn-The KCM Blog […]
Thanks Tim Reid…
Last week Tim Reid, of Reuters, interviewed me about the effects of AB 284 on the local housing market. While I’ve harped on the issue before and used data to back up my opinions it was nice to see that others feel the same way and that our plight is getting national attention. Click on […]
Reno Real Estate Weekly Round Up 6/22/2012
Billionaire buys Hawaiian Island- MSNBC Two golf courses and 88,000 acres… not to bad for a vacation island. Shadow Inventory Drops to 2008 Levels- CoreLogic Lack of distressed properties drops inventory nationwide. Rumors of Fannie Mae holding off foreclosure until after the election. Foreclosure review deadline extended- DSnews Period to request an independent foreclosure review […]
Weekly Real Estate Roundup 6/15/2012
Nevada now 3rd in foreclosure rate- RGJ Thanks AB 284! Eminent domain used to take over mortgages?- MSNBC Mortgage Resolution Partners put forth a plan to work with investors and local governments to condemn underwater homeowners without using tax payer dollars. Jail time for unkept lawns- AOL A city in Long Island, NY […]
Get paid $3,000 to Short Sell Your Home.
Recently Kristopher and I were tasked with helping a dear friend of mine short sell her home. When the payment of your mortgage is too much of a burden and you are far from ever recovering (turning right side up), it may be time for you to short sale your home. Instead of riding out […]
Still Want All Your Closing Costs Paid For? Time May Be Running Out
HUD wants to reduce closing cost concessions to 3%. Let your voice be heard and ask for them to remain at 6%. We need more home buyers in the market.