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
TEN SENATORS INTRODUCE BIPARTISAN LEGISLATION TO CREATE INFRASTRUCTURE FINANCING AUTHORITY
A bipartisan coalition of ten U.S. Senators introduced legislation today to establish a new infrastructure financing authority to help states and localities better leverage private funds to build and maintain the nation’s outdated infrastructure.
Las Vegas City Hall Awarded Prestigious Green Building Certification
Las Vegas City Hall has been awarded Leadership in Energy and Environmental Design (LEED) Gold status by the U.S. Green Building Council. The LEED rating system is the foremost program for buildings, homes and communities that are designed, constructed, maintained and operated for improved environmental and human health performance
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.
Heck Joins Bipartisan Coalition in Introducing Bill to Encourage Saving for Home Down Payments
U.S. Representatives Joe Heck (R-NV), John Carney (D-DE), Daniel Webster (R-FL), and Peter Welch (D-VT), today announced the introduction of H.R. 2929, the “Creating Homeownership Opportunities Act,” bipartisan legislation that would create a pre-tax savings program -- similar to a Health Savings Account -- for the purpose of saving toward a down payment on a first home
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
Heck Introduces Mortgage Forgiveness Tax Relief Act to Help Underwater Homeowners
With Las Vegas and the state of Nevada still struggling to reverse the devastating effects of the housing crisis, Congressman Joe Heck (NV-03) today introduced legislation that would help homeowners who are underwater on their mortgage. The Mortgage Forgiveness Tax Relief Act ensures underwater homeowners are not subjected to additional income taxes if a portion of their mortgage is forgiven. Homeowners who undergo a mortgage refinancing or "short sell" their home would be required to pay an additional income tax on the difference between the homes original value and the current value. However, Rep. Heck's bill would prevent that sum from being taxed as income because the homeowner never actually receives that money
Las Vegas Agent Convicted in Mortgage Fraud Scheme
A Las Vegas mortgage agent has been convicted for his role in a “cash back at closing” mortgage fraud scheme that netted $1.43 million in fraudulent mortgage loans, announced Acting Assistant Attorney General Mythili Raman of the Justice Department’s Criminal Division, U.S. Attorney Daniel G. Bogden of the District of Nevada, and Acting Special Agent in Charge William C. Woerner of the FBI’s Las Vegas Field Office
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
Senators Heller, Stabenow Introduce Bipartisan Bill to Eliminate Tax that Hits Underwater Homeowners
U.S. Senators Dean Heller (R-NV) and Debbie Stabenow (D-MI) today introduced the Mortgage Forgiveness Tax Relief Act to ensure that underwater homeowners, those who owe more on their mortgages than their homes are now worth, would not be hit with additional income tax if a portion of their mortgage is forgiven. Without the Stabenow-Heller legislation, homeowners will be required to pay these additional taxes when they refinance or sell their homes in what are commonly called “short sales.”
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.
Congresswoman Titus Announces Major Clean Energy Project for Southern Nevada
WASHINGTON, D.C. - June 4, 2013 - (RealEstateRama) -- Today, Congresswoman Dina Titus of Nevada’s First District announced that the Department of the Interior has approved a major clean energy project in Southern Nevada. The Midland Solar Project will be built seven miles southwest of Boulder City. Once completed, the solar power plant will generate enough electricity to power approximately 105,000 homes. The project will create 350 construction jobs and up to 10 permanent jobs
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?