Mortgage Modification Explained
Are you exploring mortgage modification as a possible option to save your home? It can be a great option to avoid foreclosure as long as you can truly afford a modified or reduced payment. As an...
View ArticleWhat is a Redemption Period?
A Redemption Period is the time after a foreclosure in which a homeowner has the right to regain ownership of a property once they meet their financial obligation to the lender. Nevada allows for both...
View ArticleWhat is a Short Sale?
A Short Sale is a real estate transaction where the bank accepts less than what is owed to them when a home is sold. Under normal circumstances, debt that is forgiven or cancelled by a lender must be...
View ArticleWhat is Foreclosure?
Foreclosure is the process by which a homeowner’s rights to a property are forfeited because of failure to pay the mortgage. If the owner cannot pay off the outstanding debt or sell it via short...
View ArticleMore Apartments for Sky Vista
Sky Vista residents may have noticed signs posted along Sky Vista Boulevard and Silver Lake Road over the past couple weeks. Some residents may have received a yellow postcard in the mail with the...
View ArticleNonprofit to build ice rink in south Reno
Reno residents may enjoy a new ice arena soon. The Greater Reno Community Ice Skating Association is developing plans for a new ice arena just north of the South Valleys Library on Wedge Parkway. I...
View ArticleHow are the Medical Facilities in Reno?
I often receive questions about the quality and location of medical facilities in the Reno area. Although I cant tell you much about the quality of service at each medical facility, I can tell you...
View ArticleBuying a Home Remains 35 Less Expensive than Renting
In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage throughout the 100 largest metro areas in...
View ArticleFHA Loan Limits for 2016
FHA recently announced loan limits for case numbers assigned on, or after, January 1, 2016. One-Family units will remain the same at $325,450. Two-Family = $416,600 Three-Family = $503,600 Four-Family...
View ArticleReno/Sparks Real Estate Market Report - December 2015
“The median price has remained stable since July of this year with $290,000 being the median sales price point for four of the past six months,” said William Process, 2016 president Reno/Sparks...
View ArticleLemmon Valley Annexation Approved By Reno City Council
Reno City Council unanimously approved a request by Lemmon Valley Land Company Inc. to annex 734 acres along an almost 3-mile stretch on both the west and east sides of Lemmon Drive between Patrician...
View ArticleVerdi Plan Approved by Reno Planning Commission
Photo by Colliers International The Reno City Planning Commission approved a tentative map to develop 269 single family homes in Verdi last Wednesday. The plan includes the development of a 197 acre...
View ArticleLake Tahoe Ski amp; Snowboard Resorts
Leave the circus behind and rediscover skiing and riding as it was meant to be. Lake Tahoe boasts one of the largest concentrations of ski resorts in the world. High in the Sierra Mountains along the...
View ArticleA Good Lock Is Key
When we buy a new home, security tends is a top priority when selecting door locks for our homes. Choosing the best door locks for your doors depends on whether a door is interior or exterior. For...
View ArticleNew Homes in Caughlin Ranch
Plans for a new development in Caughlin Ranch are underway. We heard from a little birdie that the builders at Homecrafters are planning to develop and build new homes in the same development they...
View ArticlePath Back To Homeownership
Declaring Chapter 7 or Chapter 13 bankruptcy is often devastating and can put your home buying plans on hold. A foreclosure, deed-in-lieu or short sale has a similar affect but can reduce the length...
View ArticleReno Sparks Convention and Visitors Authority Agreement with Airbnb
Occupancy tax rates and rules vary by city, county, state, and country. They’re generally owed on the accommodations price plus any fees for other items, like cleanings or extra guests. In some...
View ArticleNew Virginia Street Bridge
Virginia Street Bridge, located at the heart of downtown, was an icon of Reno’s rich history. The earth-filled concrete-arch bridge served the area since 1905 and was listed with the National Registry...
View ArticleWalk on Wood
Hardwood flooring is one of the most sought-after features in new and existing homes. This eco-friendly feature can turn your home into a warm and inviting space to relax and entertain. Selecting the...
View ArticleSave Me, Super Kitchen
Kitchens have come a long way from linoleum floors and olive-colored appliances that our grandparents had. Today’s kitchens are super-sized and designed for multiple purposes. Sixty-nine percent of...
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