The Federal Housing Administration is a government agency that sets the standards for building construction — but for homeowners or homebuyers it can be a lot more. FHA-approved loans can help borrowers overcome obstacles standing between them and homeownership, and give homeowners options to keep mortgage payments manageable.
Real Estate News
Jerrilyn Cordett-Sinclair, 41, and her husband, Aubrey Sinclair, 42, wanted to buy a home for themselves or Aubrey’s mother to occupy. But while the Los Angeles-area couple was house-shopping, Cordett-Sinclair says, a change in the Federal Housing Administration’s loan guidelines derailed their plans.
Need a little extra dough and considering cleaning up that extra room in the back and renting it out? Want to rent out your house while you’re in California next week?
Editor’s note: Listings include the resale home’s parcel number. The address listed is the homebuyer’s mailing address and not the actual location of the resale home. About 90 percent of these addresses reflect the home purchase. Check the parcel number to make sure. Also, a few transactions do not reflect the market value of the homes. The information is provided by Accudata, a local research firm. For the complete listing, visit RJRealEstate.Vegas or on Facebook at www.facebook.com/RJRealEstateLV.
A number of legislative years ago, there was a proposed Nevada Revised Statutes 116 law which would have allowed homeowner associations to utilize radar guns as a means of documenting speeders within their communities, with the ultimate goal of reducing speeding. This proposed law was defeated.
Homeownership is a marathon, but homebuying is a sprint.
About 28 percent of U.S. homeowners plan to remodel, expand or otherwise improve their homes in the next 12 months, according to the latest Bankrate Money Pulse survey. Millennial homeowners are the most likely age group to indicate they have plans to make home improvements. The survey was conducted March 17 to 20 by Princeton Survey Research Associates International and included responses from 1,000 adults living in the continental United States. The margin of error is plus or minus 3.8 percentage points.
There are many factors that delay an inspection. It’s not just that my schedule gets full; it’s also that sellers drag their feet, tenants refuse access to their home, agents create unrealistic deadlines, buyers go out of town — the list goes on.
Mortgage interest rates declined this week after a disappointing jobs report and a speech by Federal Reserve Chairwoman Janet Yellen that seemed to take a June rate hike by the Fed’s rate-setting committee off the table.
Editor’s note: Listings include the resale home’s parcel number. The address listed is the homebuyer’s mailing address and not the actual location of the resale home. About 90 percent of these addresses reflect the home purchase. Check the parcel number to make sure. Also, a few transactions do not reflect the market value of the homes. The information is provided by Accudata, a local research firm. For the complete listing, visit RJRealEstate.Vegas or on Facebook at www.facebook.com/RJRealEstateLV.
While some might view homeowners associations as dictatorships, Randy Watkins, owner of Complete Association Management Company, said they’re in place to ensure that neighborhoods are attractive and enjoyable.
Most homebuyers start their search for a home they like online. But can you trust the photos of for-sale homes you see on websites?
Paying off your mortgage in 10 years might sound impossible, and it is — for some homeowners. In fact, some people need decades to pay back the home loan they borrowed from the bank.
Q: We are getting ready to sell our house. We bought it in 1967. Our tax bill says it’s worth $260,000. Is that how much we should ask for it? Should we hire an appraiser? What if our Realtor advises us to sell the house for some other amount? — J.