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Real Estate News

It’s the Realtor’s job to show the home

Q: Would you help me settle a disagreement with my husband? Our house is listed for sale, and our real estate agent put a “For Sale” sign out front. Twice now, people have rung the bell and asked if they could come in and see the house. I didn’t want to let them in, but my husband did, and he gave them our real estate agent’s business card. What do you think? — G.

HOA boards face higher insurance costs

Nevada has had the highest number of D&O (directors and officers insurance) claims in the United States for the past three years, according to Western Risk Insurance Agency. D&O insurance defends associations that are being sued by homeowners or third parties (in most cases, the lending institutions and investors), based on the allegations that associations failed to comply with their governing documents or state laws.

REAL ESTATE MILLIONS BRIEFS

Lake Tahoe equestrian estate listed for $25 million

Home Again and other programs can provide assistance

Though foreclosures in Nevada have decreased significantly since the peak of the recession, more than 20,000 homeowners are still either delinquent on their mortgage or in the foreclosure process.

Resale Home Sales: June 3-8

Editor’s note: Listings include the resale home’s parcel number. The address listed is the homebuyer’s mailing address and not the actual location of the resale home. About 90 percent of these addresses reflect the home purchase. Check the parcel number to make sure. Also, a few transactions do not reflect the market value of the homes. The information is provided by Accudata, a local research firm. For the complete listing, visit RJRealEstate.Vegas or on Facebook at www.facebook.com/RJRealEstateLV.

THE LATEST
GLVAR holds summer backpack drive

Even though school just let out for the summer, members of the Greater Las Vegas Association of Realtors are teaming up with Boys & Girls Clubs of Southern Nevada to collect and donate backpacks stocked with school supplies for students served by the clubs.

If Airbnb is possible in your area, get ready for guests

You’ve read the law and figured out you’re in the exception area in Clark County — North Las Vegas or the city of Las Vegas — and you’re ready to rent out that spare room for some gambling money.

Mortgage rates fall to three-year low as Fed’s path becomes murkier

Mortgage rates dropped this week to their lowest level in more than three years while the Federal Reserve postponed its decision to increase short-term rates until — maybe — sometime later this year.

Senior pays off mortgage wants deed

The deed to your house has been on file at your county public records office for more than 30 years. If you want a copy, you can order one for a nominal fee.

Solar panel glare too much for neighbor

Q: My question concerns the placement of solar panels within a homeowners association community. The neighbors directly behind me had solar panels installed, and because of the way our lots are situated, the panels are about 30 feet from our property and installed at, what is for us, ground level. To sit outside, we have to use an umbrella to block the glare.

What to ask when you apply for a mortgage

Getting ready to buy a home? Make sure you ask these 10 key questions at mortgage application time.

Getting a mortgage? How credit unions stack up against banks

You already have your dream house in mind, but have you considered whom you’d like as your lender? Commercial banks aren’t the only financial institutions that originate mortgages. Credit unions are another option.

Five things you didn’t know about FHA mortgage rates

The Federal Housing Administration is a government agency that sets the standards for building construction — but for homeowners or homebuyers it can be a lot more. FHA-approved loans can help borrowers overcome obstacles standing between them and homeownership, and give homeowners options to keep mortgage payments manageable.

New FHA student loan guidelines make it tougher to get a mortgage

Jerrilyn Cordett-Sinclair, 41, and her husband, Aubrey Sinclair, 42, wanted to buy a home for themselves or Aubrey’s mother to occupy. But while the Los Angeles-area couple was house-shopping, Cordett-Sinclair says, a change in the Federal Housing Administration’s loan guidelines derailed their plans.

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