Recent Articles
Opportunities in the Nevada Foreclosure Market
The news that Nevada leads the nation in the number of foreclosure may lead many to think (as the prospectors once did) “There’s gold in thar them hills!” At least, that’s what Stock Markets Review would have up believe, calling Nevada foreclosures “a golden opportunity for home buyers.” And it’s true – aside from REO [...]
Read Article ›Foreclosure On the Horizon? Ask Help From Your Bank
If you’re one of the thousands of homeowners who are in danger of facing foreclosure, then you may think there’s no hope left. Skyrocketing interest rates, unexpected illness or sudden unemployment (or any combination of all three) could make you unable to make payments and lose your home. Chances are, you’ll see the signs long [...]
Read Article ›Top 3 Real Estate Investment Scams to Avoid
As the real estate market is booming nowadays, so are scammers and fraudsters infesting the business. They seem to entice investors by promising such as no money down, high investment returns and make a million dollars in no time. As investment itself is a risk to take, plus, there are other risks that one investor [...]
Read Article ›$103 Million Allocated for Distressed Nevada Homeowners
According to 8newsnow.com, the State of Nevada is one of the beneficiaries of a 100 million dollar fund for housing among five states. This is an allocation of the “hardest-hit fund.” This is because Nevada has been one of the states to experience the greatest housing turmoil. Good thing is that the populace and homeowners [...]
Read Article ›Investing in REO Homes using HomePath
Perhaps you’ve bee thinking, because it’s a buyer’s market, to invest in a home, whether it’ll be your permanent residence or as a second home you can rent out. REO (real estate owned) homes could be a good investment. These are homes which have been foreclosed but have not been sold to new owners. The [...]
Read Article ›Foreclosures Down But Nevada Still Leads National Average
According to website RealtyTrac, which monitors the foreclosure market, there was 3% less foreclosure filings in May of this year, as compared to the previous month. April had 333,837 filings on record, but May only saw 322,920 families whose homes were foreclosed. They also estimated that there could be as much as 3.8 million homes [...]
Read Article ›REO on the Rise in Reno – Get Great Deals Online
Foreclosures, Real Estate Owned (REO) property counts in the U.S. were at an all-time high according to 2009 third quarter reports from RealtyTrac. And the cities of Reno, Nevada and Sparks, Nevada, where distressed properties made up more than 70% of 2009 real estate sales, were no exception. In these two cities combined, bank owned [...]
Read Article ›Nevada teachers get boosted home buying power
If you are a real estate agent in Nevada, you should look for clients working in the school system. School teachers in Nevada have a great opportunity to become home owners right now. By taking advantage of a new subsidy program, teachers can get $15,000 of government assistance over the first five years of their [...]
Read Article ›Online Bidding – The Best Way to Buy and Sell REO Homes in Las Vegas
With Real Estate Owned, or REO, homes making up about 68% of the Las Vegas home sales in the late summer of 2009, REO properties are playing a big part in the Las Vegas real estate market these days. That said, Las Vegas home sales were down from July 2009 to August 2009 by 13.6%. [...]
Read Article ›