Property, Rentals, Transactions

Property, Rentals, Transactions

Bipartisan tax-relief effort for struggling homeowners

In an op-ed which ran in The Hill today, U.S. Senators Dean Heller (R-NV) and Debbie Stabenow (D-MI) called on Congress to renew the Mortgage Forgiveness Tax Relief Act to help the millions of families across the country struggling to avoid foreclosure and stay in their homes.

25th Anniversary for the NVAR Legal Information Line

The NVAR Legal Information Line continues to rank as the #1 service by members, according to annual member surveys. Darrell Plummer, Broker/Owner of Sierra Nevada Properties in Reno, says, “I have been very pleased with the NVAR Legal Information Line for years. Access to free legal advice as a Broker to help my agents is one of the best services offered by the Nevada Association of REALTORS®. Calling an attorney who understands our industry, is familiar with our contracts and disclosure forms saves time and money and gives me confidence I am getting good direction for our agent and customer to avoid potential litigation issues. What a great risk reduction service for our REALTOR® members.”

Nevada Unclaimed Property Division Hosts 2013 Auction More than 270 items up for bid

State Treasurer Kate Marshall announced today that her office’s annual Unclaimed Property Auction will take place on Saturday, December 7th, at the Grant Sawyer Building (555 E. Washington Avenue) in Las Vegas.

Las Vegas Region October Home Sales

area home sales fell in October as sub-$200,000 transactions continued to decline and the share of homes sold to absentee and cash buyers dropped to the lowest level in more than three years. The median sale price rose to $180,000 – the highest in nearly five years, a real estate information service reported

Treasurer Marshall Warns of Bogus Unclaimed Property Scam

State Treasurer Kate Marshall today issued a warning to all Nevadans about an email scam revolving around unclaimed property findings that is really a hoax to gain personal information and steal your identity.

Lee & Associates Closes $10.2 Million Sale of McCarran Corporate Plaza

Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has closed the $10.2 million sale of McCarran Corporate Plaza at 5740 and 5820 S. Eastern Ave., Las Vegas, Nev. Chuck Witters, SIOR and Kris Watier, both of the Lee Las Vegas office, represented the seller P-38 Properties, LLC

Las Vegas Region May Home Sales

Las Vegas-area home sales held at a seven-year high last month as activity above $200,000 continued to rise sharply and buyers used cash to purchase a record 59.6 percent of all homes sold. The median price paid for a home rose above a year earlier for the 14th consecutive month, pushed higher by price appreciation, the shift toward more mid- to high-end deals and the decline of foreclosure resales, a real estate information service reported

More Than $660 Million in Abandoned Property Available to Rightful Owners

Carson City - June 5, 2013 - (RealEstateRama) -- State Treasurer Kate Marshall announced today that her office’s Unclaimed Property Division, which is currently holding more than $660 million dollars in abandoned property, will soon be advertising in 18 newspapers (publication schedule included at end of release) across the state the last known names and addresses of people whose abandoned property was reported to the Unclaimed Property Division between January 2012 and May 2013, a total of nearly $73.4 million.

Titus Announces $1.8 Million in Housing Funding for Southern Nevada Veterans

WASHINGTON, D.C. - June 4, 2013 - (RealEstateRama) -- Congresswoman Dina Titus of Nevada’s First District announced that the U.S. Department of Housing and Urban Development (HUD) will provide nearly $2 million to the Southern Nevada Regional Housing Authority to offer permanent supportive housing to homeless Veterans, many of whom are living with chronic disabling conditions. The supportive housing assistance announced today is provided through the HUD-Veterans Affairs Supportive Housing (HUD-VASH) Program which combines rental assistance from HUD with case management and clinical services provided by VA

Las Vegas Discount Real Estate | Equity Sales For Only 4.95%

Las Vegas, NV - May 10, 2013 - (RealEstateRama) -- Do you have equity in your Las Vegas home and need to do a traditional sale? Your home may be worth more than you think. Why pay 6% to sell your home when you can get BETTER SERVICE, BETTER MARKETING and BETTER RESULTS for less?

Why You Need a Realtor Who Specializes In Seller Representation To Sell Your Home

Las Vegas, NV - May 9, 2013 - (RealEstateRama) -- There are many Realtors out there. Who will do the best job for you? Representing a Seller in a real estate transaction involves much more than negotiating the highest sale price. Did you know that most real estate contracts are designed to protect the rights of a Buyer, NOT the Seller? Each state uses a different real estate contract, and each contract contains numerous safeguards allowing Buyers’ the ability to exit the contract without penalty. For example, in a Nevada Real Estate Contract, unless otherwise amended, the contract is contingent upon the Buyer’s ability to qualify for financing.

Homeowners Night Scheduled For Wednesday, May 22

Las Vegas, NV - May 7, 2013 - (RealEstateRama) -- The city of Las Vegas will host its second annual “Homeowners Night” at 6 p.m. on Wednesday, May 22, at the Development Services Center, located at 333 N. Rancho Drive

Nevada real estate website synced with IDX Broker software to display thousands of listings...

EUGENE, OR - May 7, 2013 - (RealEstateRama) -- IDX, Inc. welcomes Incline Village, Nevada Realtor Diane Cohn to the ever-expanding network of agents and broker who have integrated a customizable IDX solution onto their professional real estate websites. Cohn, a member of the Incline Village MLS (IVMLS) services, has chosen to supply her potential buyer clients with a dynamic and thorough online real estate search page on her website. Now, home seekers can experience a complete, helpful and time-saving online search without ever leaving the convenient website Cohn hosts.

LUCESCU REALTY Announces Sale of Deer Springs Town Center Shopping Center in Las Vegas,...

NEWPORT BEACH, CA - May 6, 2013 - (RealEstateRama) -- Mark Lucescu, President of LUCESCU REALTY, a market leading investment real estate services firm, announced today the sale of Deer Springs Town Center Shopping Center in the City of Las Vegas, Nevada for $50.5 million. Deer Springs Town Center was developed by Regency Centers Corporation (NYSE:REG), a preeminent national owner, operator, and developer of dominant grocery-anchored and community shopping centers. Headquartered in Jacksonville, Florida, Regency is a real estate investment trust with a portfolio encompassing 46.3 million square feet

Reid’s Office Holds “Smart Start Homebuyer Fair” For New Homeowners

Las Vegas, NV - April 23, 2013 - (RealEstateRama) -- The office of Nevada Senator Harry Reid, the City of Las Vegas, and the Financial Guidance Center present the “Smart Start Homebuyer Fair” to provide Nevadans with resources and opportunities to become homeowners. Senator Reid’s office continues to help those who still need mortgage assistance and given the improving employment situation in Nevada there is now a growing number of Nevadans who are ready to become homeowners. Homeownership is a major part of Nevada’s economic recovery and Senator Reid is determined to making sure constituents are able to move forward on a smart path to homeownership

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Nevada Short Sale Information – FTC Cracks Down on Loan Modification...

Las Vegas, NV - January 6, 2011 - (RealEstateRama) -- Effective January 31, 2011, The Federal Trade Commission has banned loan modification companies from charging up-front fees for negotiating modifications of residential mortgage loans. According to Eric Witksoki, Chief of the Attorney General’s Bureau of Consumer Protection, and the state consumer advocate, “Money spent on mortgage modification consultants is a bad bet for consumers.” Additionally, Witkoski commented that spending money on loan modification is “worse than some of the odds at the casino tables.”

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BLM PROPOSES TO SELL 754.88 ACRES OF PUBLIC LAND IN CLARK...

The Bureau of Land Management Las Vegas Field Office is seeking public comments on a proposal to sell 40 parcels totaling 754.88 acres of public land in Clark County, Nevada. The competitive sale would be by sealed and oral bidding in accordance with the Southern Nevada Public Land Management Act (SNPLMA). A Notice of Realty Action published in today’s Federal Register opens a 45-day comment period which will close January 8, 2018.