Reno Real Estate Logic

Amazingly enough, these fraudulent notes are being used to purchase real estate too….
The U.S. Department of the Treasury (Treasury), Office of Inspector General, is investigating incidences whereby individuals are using fraudulent Treasury-related financial obligations or accounts to attempt purchases or pay debts.  Fraud perpetrators across the nation have recently begun to use fraudulent promissory notes [...]

WASHINGTON, May 27, 2009
Existing-home sales rose in April with strong buyer activity in lower price ranges, according to the National Association of Realtors®.
Existing-home sales – including single-family, townhomes, condominiums and co-ops – increased 2.9 percent to a seasonally adjusted annual rate1 of 4.68 million units in April from a downwardly revised pace of 4.55 million [...]

Realtors.com
Help is on the way for many homeowners who are facing foreclosure, thanks to new details under the Making Home Affordable Program announced today by the U.S. Treasury and the U.S. Department of Housing and Urban Development.
The Making Home Affordable Program is designed to help homeowners obtain modifications to their loan so they can afford [...]

Tomorrow if you are headed up to Lake Tahoe via the Mount Rose Highway and you see thousands of cars toodling down the road to the Galena High School, don’t panic. This is a giant fire drill for the folks of Montreux, St. James Village, Galena, Callahan Ranch, Rolling Hills and Timberline to mention a few [...]

Northgate Golf Course is having problems in finding anyone to accept the responsibility of running the now closed course. The problem is locating water rights and equipment to the tune of $5 million and that’s a lot of dough theses days to pony up for a marginal return at best. There is no hope to open [...]

AARP in the May issue has made it’s mark on the Nevada band wagon promoting citizens to help encourage our lawmakers all across the country to aid and prevent foreclosures. AARP is asking especially for our state for people to become activists and promote Nevadans to get this bill passed.
The focus of the bill is [...]

 If you are familiar with Short Sales, skip to the last four paragraphs for the latest incident we experienced with Wells Fargo today who rejected a perfectly possible short sale that we were processing. New rules of engagement are surfacing. 
There are many ways to lose a home but signing away ownership in a manner that [...]

 The job fair is today at John Ascuaga’s Nugget in Sparks from 11 to 7
 Having spent six years (then I quit) with a foster husband who was without a job, and who refused to work because he didn’t like the choices,  I am ecstatic to hear that there are 700 jobs being offered by thirty companies who will be opening stores and [...]

The RGJ reported today that we are finally in a significant upswing in the real estate market in Reno. The pending home sales leaped off the charts making the way for hope in our time. With our active pending sales for April rockin out to 748, this represents a 27% increase from just February and a [...]

The city of Reno will be working on building a street car line on South Virginia with a 7.4 million dollar Federal grant to the Regional Transportation Commission. Cool. The idea was fostered by the city of Portland, Oregon which launched their street car system in 2001 and now claims 12,000 riders a day. Building  our [...]