There are many home-related tax breaks that homeowners can claim each filing season. But there also are a lot of added costs that come with purchasing a home. For buyers unable to make a down payment of at least 20 percent of their home”;s purchase price, one of those costs is private mortgage insurance, or PMI. A PMI policy is coverage that you, the homebuyer, pay for, but it protects your lender in case you default on your loan.
Real Estate News
Weighing the rent-versus-buy decision? Both have upsides. So before deciding, think about these factors.
I have lived in a northwest gated community for the past nine years. For the last four years, the next-door neighbor”;s vendors have parked in front of my house whenever he needs work done on his house. I have complained to the staff at the guard house. I am a senior citizen in my 70s and am home most of the day. I don”;t feel that I should be the one to confront the vendors, who get very surly with me
Question: We currently own a vacation timeshare, but we are thinking about selling it. Can you direct us to some reputable firms that handle timeshares? We have paid off the mortgage and only pay monthly dues. — D. S.
Single women are surpassing single men in the homebuying arena, according to a new report from the National Association of Realtors.
The HomePath Ready Buyer program is targeted to first-timers entering the housing market and is a government-sponsored enterprise.
You have every right to work with your friend if you are confident that she can help you on both ends. If you are still interested in the home you visited, she can contact the listing agent and straighten things out between them. It is helpful that you mentioned her when you viewed the house. Next time you hear of a property that interests you, ask her to arrange the showing.
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.
Q: Can you please tell me the pros and cons of living in a guard-gated community in Las Vegas?
Tops in the “pro” column are the speed of sale and convenience. Once a cash offer has been accepted, you can often get your money in days. For folks facing a relocation, foreclosure or bankruptcy, this can be a life saver.
NOTE: This week’s question is serious and requires a legal expert, so I’ve turned my column over to local attorney Avece M. Higbee to address it.
When a lender forecloses on a home, that lender becomes a “homeowner” with all of the obligations of a homeowner, to pay assessments on a timely basis and to maintain the home. Unfortunately, for many associations, letters must be sent to the lender”;s representatives which are not always that easy to ascertain who to send the courtesy and violation letters and where to send them. Ultimately, the association could begin foreclosure proceedings based upon NRS 116.310312.
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.
Sure, you’ve heard of Rancho Circle, the exclusive, downtown-adjacent enclave whose brick and iron gates have welcomed Las Vegas’ rich and famous since the 1940s.
Mortgage rates fell this week as the Federal Reserve revealed more hints about its monetary policy plans.
1
2
3
4
5
Here’s how much a single adult needs to make to ‘live comfortably’ in Las Vegas
Henderson boy with autism found in metal cage, parents arrested
$1.3M slots jackpot hits at Las Vegas airport
Former homes of Las Vegas mobsters that have sold in recent years
Tropicana’s implosion set for fall, making way for A’s ballpark