Mortgage Rates, How Low Can They Go?

Cheap mortgage interest rates

Mortgage Rates, How Low Can They Go?

New Mortgage Rules?

New Mortgage rules from The U.S. Federal Reserve.

New Mortgage Rules?

Las Vegas Hard Money Going Limp!

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Like most girls I believe hard to limp is the wrong direction!
Not so much when it comes to home lending parameters though!
I have just witnessed a great little Guru come to our lovely Las Vegas conference room and give us an ingenious program on how financing (or rather the option to finance) is now back to making sense.
AND … If it don’t make dollars then, my savvy Las Vegas investors you know, it don’t make sense!
So let me give you [...]

Las Vegas Hard Money Going Limp!

Las Vegas: Rehab Heaven!

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Hello my local Las Vegas real estate lovers!
You would have to wearing blinders to not notice all the boarded up real estate floating around town!
The Las Vegas real estate market is HOT! We know this.
The bathroom facets and light fixtures popping up on e-bay are hot too! Many houses are being slowly stripped as they sit vacant. Some damage done by disgruntle home owners and some done local thieves.
Either way this brings up the issue of a good Las Vegas [...]

Las Vegas: Rehab Heaven!

Las Vegas Real Estate News Man talks DOLLARS AND CENTS

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WILL THE DOLLAR FALL??
This e-mail is to my “financially focused” friends.  Many of you already follow me on the BLOG, The Property Lover…I am Tom LasVegas.
You may also recognize that I consider myself a “shirt-tail-economist.” Thus, I will debate the question, Will The Dollar Drop Further. As you probably already know, the U.S. Greenback has been rising against all foreign currencies in recent weeks.  Is this good in the [...]

Las Vegas Real Estate News Man talks DOLLARS AND CENTS

Las Vegas Title Comapnies SWAMPED!

The Property Lover is here!

Las Vegas homes are selling and in vast quantities!

The home-buyer tax credit extension has done little to ease the burden off the shoulders of Las Vegas title and escrow officers.

You heard the buzz of the extension first from our very own TomLasVegas, the news man!

Now that we all have an additional 90 days to close the current escrows in compliance with the previous tax credit guidelines, you would think

things would lighten up! If your in the title business you know it hasn’t.

Las Vegas Title Comapnies SWAMPED!

Las Vegas Short Sales

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The Property Lover is back and wants to give you the goods on Las Vegas short sales!
We all are aware  of the new laws encouraging banks to accept short-sale requests from home owners facing foreclosure.
The key word here is ENCOURAGING!
Actually we have seen banks approving more Las Vegas short sale deals. What you need to watch out for is… the fine print!
Short sale approval letters are now coming over with little extra statements about reserving the right to come after [...]

Las Vegas Short Sales

Housing Hits Bottom!

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The Property Lover says, get your booty in gear if you want to buy low in Las Vegas.
TomLasVegas reports:
Ponder this:   Europe’s debt crisis. Companies still not hiring. The Gulf oil spill. These are uncertain times to say the least. But while you might think economists would be running for the hills and looking ahead to a so-called “double dip recession,” that’s not necessarily the case.
In fact, some economists think a double dip is even less likely [...]

Housing Hits Bottom!

Tax Credit Extended???

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Hello!
The Property Lover Here.
Now for a quick message from TomLasVegas
TomLasVegas says:
First-time home-buyers looking to land an $8,000 federal income tax credit may have a little more time to close on their purchases if a Senate amendment unveiled Thursday makes it into law.

As it stands now, home-buyers must have signed contracts by April 30 and must close the deal by June 30. They could be eligible for an $8,000 tax credit if they are first-time buyers or [...]

Tax Credit Extended???

Las Vegas Mortgages Creating “Run-Aways”

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The Property Lover Here!
Once again we will be graced by this news update from our very own: TomLasVegas
Walking away from a Las Vegas mortgage you can still afford to pay has consequences; everyone knows that. Your credit score is shot and it can be impossible to get credit.
Some Las Vegas homeowners, no doubt, believe that the credit score hit is worth getting out from a deeply underwater mortgage. They may owe, say, $500,000 when [...]

Las Vegas Mortgages Creating "Run-Aways"

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