Yes! Loan modifications and short sales are two sides of the same coin. The coin is the “loan workout” with the loan mod and short sale as simply two types of loan workouts. Here is the most important thing to know: you cannot do both simultaneously. The banks will kill a short sale in favor [...]

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A non-recourse loan is a loan where the bank can only seize the collateral used in the loan (your home) and you have no personal liability beyond that. With a recourse loan, you continue to have liability even after the home is seized after default or sold as a short sale. Your loan will be [...]

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Give the Buyer a Good First Impression

by Marc Rasmussen on August 30, 2010

by Marc Rasmussen – Sarasota FL Real Estate Are you trying to sell your home or thinking about selling your home in the near future? One thing you need to remember is that buyers generally do not want to purchase a “to do” list. When home buyers go shopping they generally are not envisioning hard [...]

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The Handyman’s Special

August 29, 2010

Why Fixer-Uppers Are So Popular Although not all investors are attracted to these kinds of Las Vegas Properties, some real estate investors look for nothing else but properties in need of repair. This can be understandable, when on the surface it may appear that a motivated seller may be willing to part with his run-down [...]

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Do Las Vegas Schools Affect Home Values?

August 27, 2010

There is no doubt that the overall quality of a school district has a definitive impact on home values. In fact, the one of the most prominent reasons for families with school-age children to choose or reject a particular Las Vegas Home is based less upon the likes and dislikes of the home, and more [...]

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Las Vegas Distressed Properties – How to Avoid the Scam Artists

August 26, 2010

As soon as a Las Vegas Real Estate Property is listed in public records as being in default, the vultures begin to circle the dying carcass. Vultures, meaning the not so legitimate companies that prey upon these unfortunate people in difficult circumstances, and are opportunists of the worst kind. Unlike the honorable investor in Las [...]

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Old Las Vegas Home Versus a New Home

August 25, 2010

Which Would Be The Best Choice If you are planning to buy a Las Vegas Home, and are not sure of whether you are interested in a new home, a somewhat older resale, or a truly “older” home, it would be best to avoid confusion by researching what the differences are in older and newer [...]

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Essentials to Selling a Home

August 25, 2010

By: Marc Rasmussen – Sarasota real estate Not every Realtor will admit this but there is a lot of fluff when it comes to marketing a home. Call a few Realtors or explore a few websites and will see a laundry list of things that agents do to sell a home. I saw one recently that said, [...]

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Why Are Some Las Vegas Homes Harder to Sell Than Others?

August 22, 2010

Although there are many reasons why some Las Vegas Homes are harder to sell than others, some obvious and some not so obvious, basically, most any home should be saleable. Even if the home is in bad shape, there are always buyers out there looking for fixer-uppers. What then could be the problems that are [...]

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Investing in Las Vegas Real Estate – Finding Ideal Investments in Ideal Locations

August 21, 2010

The knowledgeable Las Vegas Real Estate Investor can be differentiated from the less astute investor by the fact that the overeager investor often looks to purchase any property or properties he or she can find based almost entirely on price: if the price is right, the property is purchased! However, the really successful investor will [...]

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Rent Your Las Vegas Home

August 15, 2010

The Las Vegas Investor as Landlord Many investors who, in the recent past, have concentrated primarily on the buying and selling of Las Vegas single family home properties, have been forced –due to current market conditions- to reevaluate their investment strategies in order to protect their investments and maximize [...] Continue Reading…

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A Checklist For You and Your Las Vegas Real Estate Agent

August 14, 2010

BUYING A LAS VEGAS HOME Before you even begin to search for your new Las Vegas Home, you and your family should prepare a checklist of wants and needs, a list that will analyze exactly what those absolute needs are, as opposed to your wants, such as a spare [...] Continue Reading…

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Las Vegas Senior Communities – Sun City Summerlin

August 13, 2010

Sun City Summerlin (Part 2) Shopping in Sun City Summerlin is convenient for residents since there are two shopping centers located within the community– Plaza North and Plaza South.  In addition, a short drive by golf cart takes residents to Smith’s Shopping Center or the Rampart Center.  The Rampart Hotel [...] Continue Reading…

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Las Vegas Senior Communities

August 12, 2010

There are a number of age restricted communities in the Las Vegas Valley which have obtained this status as housing for persons age 55 and older based on the following Federal guidelines, specifically Department of Housing and Urban Development (HUD) (24 CFR 100.304, 305, 306, 307.) “The Fair Housing Act [...] Continue Reading…

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Las Vegas Age Restricted Communities – Siena at Summerlin

August 11, 2010

Siena at Summerlin South Siena is a desirable 685 acre guard gated retirement community located approximately 20 minutes from McCarran Airport and the Las Vegas Strip.  This development of more than 2,000 homes was built by Sunrise Colony Corporation, the organization that built most of the homes in Red [...] Continue Reading…

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