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Did You Know?
A Rehabilitation mortgage is a mortgage that covers the costs of repairing or improving
Rehabilitation mortgage is a mortgage that covers the costs of rehabilitating (repairing or Improving) a property; some rehabilitation mortgages - like the FHA's 203(k) - allow a borrower to roll the costs of rehabilitation and home purchase into one mortgage loan.
Real Estate is defined as the land and anything growing on, attached
to, or erected on a designated plot of land. This excludes anything
that may be severed without injury to the land. Real estate property
can be categorized as either corporeal (soil and buildings) or incorporeal
(easements) accommodations. If you are located in another part of the United States contact one of our real estate lawyers nationwide. Real estate lawyers facilitate the transactions
between owners of specific plots of land.
The value of farm real estate at the national level ncreased by 22 percent from 1994 to 1998,All regions showed percent increases of more than 16 percent except for the Northeast, which had the least gain at 6 percent.
1994
1995
1996
1997
1998
268
289
332
366
392
Source: usda
In order to pass the title of a property, a deed with a proper
description of the land must be executed and delivered. This is
where you need a Nevada Real Estate Lawyer. The federal and
state government govern real estate transactions by having passed
statutes and common laws to regulate how titles pass from owner
to owner. A real estate lawyer can help you with the day-to-day
specifics of ownership transaction and other aspects and concerns
of real estate.
There are many different areas and aspects of real estate that
Nevada Real Estate Lawyers handle, including:
The Marketplace Report: Housing Market
Audio, RM, 44 Kbps, 3:06, 3/2/2005
Despite predictions of a slowdown in the real estate market, U.S. housing prices continue to skyrocket. John Dimsdale of Marketplace says part of the reason may be that Americans are buying second homes in record numbers. Source: National Public Radio
Hud Housing Program
The Uniform Act, passed by Congress in 1970, is a federal law that establishes minimum standards for federally funded programs and projects that re... Read more >
Definition:
Federal Housing Administration; established in 1934 to advance homeownership opportunities for all Americans; assists homebuyers by providing mortgage insurance to lenders to cover most losses that may occur when a borrower defaults; this encourages lenders to make loans to borrowers who might not qualify for conventional mortgages.
Delinquency
Definition:
Failure of a borrower to make timely mortgage payments under a loan agreement.
Deed-in-lieu
Definition:
To avoid foreclosure ("in lieu" of foreclosure), a deed is given to the lender to fulfill the obligation to repay the debt; this process doesn't allow the borrower to remain in the house but helps avoid the costs, time, and effort associated with foreclosure.
If you live in the following cities and need an real estate attorney you should contact
our Real Estate Attorney as soon as possible:
Boulder City
Carson City
Elko
Fallon
Gardnerville
Henderson
Las Vegas
North Las Vegas
Pahrump
Reno
Sparks
Sun Valley
Winnemucca
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general information related to real estate issues commonly encountered.
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Did You Know?
United States Department of Agricultural
Nevada Real Estate Continuing Education Class - HUD