Thursday, May 30, 2013

Changes happening with Short Sales

http://youtu.be/lPmRtRedfBc

Finally there are changes happening in short sales that are making since and helping homeowner.  Watch the video to see if we can help you.  Than call for a free consultation at 702-496-7416.

Amanda Brown
Platinum Real Estate Professionals
lasvegasshortsalesnow.com

Wednesday, May 29, 2013

Woman Fight HOA Charge


http://www.8newsnow.com/story/22383065/8-on-your-side-helps-woman-fight-hoa-charge?autoStart=true&topVideoCatNo=default&clipId=8906901


Posted: May 22, 2013 5:05 AM PDTUpdated: May 22, 2013 11:10 AM PDT
"I'm going to make a pizza margarita. It's made with basil, mozzarella, tomato. I made it my own way," she said. "My hands are always in it. That's what it is to put love in your food. You got to use your hands. If you don't put love in your food while you are making it, it won't taste good."
Sardina has a lot of spunk. So, when she received a letter from her homeowners association Terra West, she was upset and offended.
"It made me feel like I was a dummy," she said.
Sardina accidentally shorted her HOA dues by 20 cents. "Don't ask me why I forgot the 20 cents," she said.
She offered to fix the error, by sending her HOA one dollar – more than enough to cover her $0.20 shortage. Her HOA responded by charging her a $10 late fee.
"That doesn't make any sense," she said. "I'm going to call Channel 8."
8 on Your Side called Terra West. After weeks of getting the runaround, 8 on Your Side got her results.
"They got kind of scared I think, because they knew they were wrong," she said.
The homeowners association wiped her debt. Now, Sardina can stop worrying about the charge and focus on her cooking.
Terra West representatives say they were glad 8 on Your Side brought this problem to their attention, and they had the opportunity to fix it.
This valuable information is brought to you by Amanda Brown at Platinum Real Estate Professionals, 702-496-7416.
Short Sale Expert

Tuesday, May 28, 2013

Homeowner on Arby Ave in Las Vegas, NV has a successful short sale with Amanda Brown




Radhika Jain, past owner of 6255 Arby Ave was delighted that her short sale was over.  She said she decided to use Amanda Brown because after interviewing many agents, she felt Amanda represented herself with honesty and integrity.  Two areas that were very important to her when hiring a real estate agent.  She said "it is hard to find people who aren't just after your money in Las Vegas and want to do the right thing.
When asked one word to sum up her experience with Amanda Brown she said, exceptional.  Radhika feels that Amanda has a team that represents her core values of honesty, integrity and providing the best service they are capable of.  She also said that she is very grateful to Amanda for all her assistance and support she and her staff provided through this stressful process.

Amanda Brown
702-496-7416
lasvegasshortsalesnow.com

Monday, May 27, 2013

Economic Update - May 27, 2013

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Sean Uyehara
Senior Loan Officer
Prospect Mortgage
2370 Corporate Circle, # 190
Henderson, NV 89074
Office: (702) 492-4664
Cell: (702) 336-4980
Fax: (877) 801-9423
sean.uyehara@prospectmtg.com
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In the News

New home sales rose 2.3% in April to a seasonally adjusted annual rate of 454,000 units from a rate of 444,000 units in March. On a year-over-year basis, new home sales were 29% higher than April 2012. At the current sales pace, there is a 4.1-month supply of new homes on the market.
Retail sales rose 0.2% for the week ending May 18, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 3.1%.
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending May 17 fell 9.8%. Purchase volume fell 3%. Refinancing applications decreased 12%.
Existing home sales rose 0.6% in April to a seasonally adjusted annual rate of 4.97 million units from 4.94 million units in March. Compared to a year ago, existing home sales were up 9.7% in April. The inventory of unsold homes on the market rose 11.9% to 2.16 million in April, a 5.2-month supply at the current sales pace, up from a 4.7-month supply in March.
Orders for durable goods — items expected to last three or more years — increased $7.2 billion, or 3.3%, to $222.6 billion in April. This follows a 5.9% decrease in March. Excluding volatile transportation-related goods, March orders posted a monthly increase of 1.3%.
Initial claims for unemployment benefits for the week ending May 18 fell by 23,000 to 340,000. Continuing claims for the week ending May 11 fell by 112,000 to 2.912 million, a new recovery low. The less volatile four-week average of claims for unemployment benefits was 339,500.
Upcoming on the economic calendar are reports on the housing price index on May 28 and gross domestic product and pending home sales on May 30.
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Thursday, May 23, 2013

Survey: Nevada Leads U.S. in Home Price Gains - Classified Ad

Survey: Nevada Leads U.S. in Home Price Gains - Classified Ad

Survey: Nevada Leads U.S. in Home Price Gains


Date: May 8, 2013, 7:22:47 AM PDT
Subject: Survey: Nevada leads U.S. in home price gains
The article, Survey: Nevada leads U.S. in home price gains, from the Las Vegas Review Journal, reports that the Greater Las Vegas Association of Realtors reported a median existing single-family home price of $167,000 in April, up 30.6 percent compared with April 2012. The median for condos and townhomes surged to $85,000, up 41.9 percent. What is more, real estate data provider CoreLogic said Nevada led the nation in appreciation in March, with an annual price gain of 22.2 percent. That is more than double the 10.5 percent national increase. Following Nevada were California, 17.2 percent; Arizona, 16.8 percent; Idaho, 14.5 percent; and Oregon, 14.3 percent. Higher prices filter through the economy in important ways, said Steve Brown, director of the Center for Business and Economic Research at the University of Nevada, Las Vegas. “It starts re-creating the incentive to build houses, and it’s also indicative of the fact that the Las Vegas economy is improving, and people are willing to spend money,” Brown said. Brown said the newest figures also may support estimates of population growth from the Census Bureau, which said in March that Clark County added 19,000 new residents in 2012, the county’s biggest increase since 2008. “If the Census Bureau is right, part of what we’re seeing happen here in the housing market is basically the creeping up of the population beginning to put pressure on the housing market,” he said. Brown called current appreciation rates “fairly sustainable” and said prices could grow significantly for at least the next 18 months. Homebuilders are out of developed lots for new construction, and it could be at least a year before they have more land for subdivisions. The median existing-home price here is still below construction cost. Values would need to jump another 20 percent to 25 percent for building to make sense, he said. A shortage of new-home inventory should help keep a lid on housing supplies, and put upward pressure on prices.Brown estimated the market could gain another 35 percent in its median home value over the next year and a half.

This valuable information was brought to you by short sale expert Amanda Brown, 702-496-7416





Wednesday, May 22, 2013

The Las Vegas Short Sale Experts!: Short Sale and Stay!

The Las Vegas Short Sale Experts!: Short Sale and Stay!: No matter what your credit or financial position may be now, the Short Sale Leaseback Program may offer you a unique opportunity. Here is ...