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Thank you for visiting my website. Whether you are interested in Buying or Selling property here in beautiful Northern Nevada or are considering relocating to our area, I welcome the opportunity to provide you exceptional client service. If you have any questions about Real Estate here in Reno and Sparks, please don't hesitate to give me a Call, Email or start a Live Help session.
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Perform your own search of All Properties currently listed for sale in Northern Nevada. Includes Homes, Townhomes/Condos, Manufactured and Vacant Land, Bank Owned, New Construction, Short Sales and Equity Sellers. |
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Median Sales Price Trend for Reno, NV
Monday, 15 February 2010 16:47
Robert
Last Updated on Monday, 15 February 2010 16:54
FHA 90 Day Flip Rule Waived
Sunday, 07 February 2010 10:23
Robert
The 90 day flip rule has been temporarily suspended for all sellers effective February 1, 2010 and the waiver shall expire one year from February 1, 2010. This is great news for FHA Buyers as it opens the possibility for more inventory to consider. Note that the VA Flip Rule was waived earlier this year.
Pursuant to §7(q) of the Department of Housing and Urban Development Act (42 USC 3535 (q)) and 24 CFR 5.110, I hereby waive §203.37a(b)(2) of the regulations. The regulations at 24 CFR §203.37a(b)(2) provide that a mortgage for a property will not be eligible for FHA insurance if the contract of sale for the purchase of the property is executed within 90 days of the prior acquisition by the seller, and the seller does not come under any of the specific exemptions that apply to the 90-day rule.
Last Updated on Monday, 08 March 2010 13:49
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2010 Tax Credit
Friday, 01 January 2010 00:00
Robert
Congress has extended the very popular First Time Homebuyer tax credit that expired November 30th, 2009 - and added a provision for existing homeowners interested in purchasing a new home. Buyers need to be In Contract by April 30th, 2010 (and ultimately close by June 30th, 2010 to take advantage of this program.
Last Updated on Saturday, 30 January 2010 13:23
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Real Estate Market Statistics for December 2009
Wednesday, 03 February 2010 00:00
Robert
Summary: 644 sales for a median price of $175,100 and $102 per square foot. Volume increases 36% over November while median price remains flat. Best performing area is New Southeast with a 27% increase in median sales price. Worst performing area is New Southwest with a 22% decrease in median sales price.
At months end we had 2535 active listings in the MLS for a median list price of $106 per square foot or $200,000.
Last Updated on Monday, 15 February 2010 16:35
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