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February 2014

Found 3 blog entries for February 2014.

Mortgage Closing CostsIf you have been thinking about buying a home in Las Vegas in the next five weeks, Fannie Mae might pay 3.5% of your closing costs!

This spring, in an effort to move some of the foreclosure inventory in its portfolio quickly, Fannie Mae is offering a special closing cost incentive for owner/occupants who go to contract by March 31st, 2014 and close by May 31st, 2014 on one of its HomePath properties. They will pay 3.5% of the sales price as a cash incentive on listings that are purchased during the "First Look" period. 

The "First Look" period is defined as the first 30 days the property is listed for sale in Nevada. (In other states it is only 20 days.) To encourage home ownership, during that time period ONLY owner/occupants are allowed to bid on

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Things not to do when getting a mortgage loan in Las VegasYou can unknowingly sabotage your home financing goals by making some obvious and not-so-obvious moves with your finances.  Check out the list below to see if you know the top 10 things NOT to do when you are in the process of buying a home or refinancing.

Do Not:

  1. Transfer money between accounts, unless receiving complete documentation from your bank, itemizing all transfers.
  2. Make unnecessary checking or savings account transactions, such as withdrawals or deposits
  3. Leave an existing job - changing jobs may mean you don't have an appropriate work history, especially if you change fields of employment as well.
  4. Allow your bank accounts to go into a negative balance, even if you have overdraft protection
  5. Apply for credit in any form, including
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This year I decided to take a cruise to the Caribbean for my birthday, and I saw some pretty amazing real estate along the way! I thought it would be fun to share some photos of the luxury custom homes I saw overlooking the emerald blue waters surrounding Tortola, Antigua, Barbados, St. Lucia and St. Barts.

Luxury Custom Homes

Our first stop was Tortola, and as we were cruising into port, I spotted these hillside island mansions overlooking grottos, sea caves and private beaches that were accessible only by ladders or elevators. After that we took a boat trip over to Jost Van Dyke and the "Soggy Dollar Bar" (home of the infamous Painkiller rum punch). The sand on this beach is absolutely perfect and the best we found on our whole trip. It felt like walking on velvet.

Luxury waterfront estates

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