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January 23, 2012

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Real Estate Resources

The best way to inform yourself about Nevada Real Estate Law and Real Estate related topics. Our Real Estate Resource Center includes the following sites for your personal use:

Are you currently looking to purchase Nevada real estate? If so, contact one of our experienced Nevada real estate lawyers today!

Did You Know?

A Reverse mortgage is also known as HECM
Section 255: Home Equity Conversion Mortgages (Reverse Mortgages, a.k.a. HECM) allows a borrower aged 62 and older to borrow against the equity in a property that has limited outstanding debt. A subject property under this program must be an existing one-to four-unit dwelling in which the mortgagor occupies one of the units. It may be a condo if in a FHA approved project. Manufactured homes are eligible if the home complies with outstanding FHA guidance.

	Newsroom
	News about real estate cases in Nevada and nationwide: Federal Indictment In Foreclosure Scam Targeting Homeowners A federal grand jury has returned a new indictment that adds three defendants to a case stemming from a $12 million foreclosure scam in which homeo... Read more > No Speculative Bubble In Housing Prices, No Speculative Bubble In Housing Prices, CU-Boulder Business Professor Says While rising interest rates and increased inve... Read more > Two arrested on federal bribery charges in connection with ticket-fixing scheme at Adjudication Services Branch > Washington, D.C. - United States Attorney Roscoe C. Howard, Jr., Acting Assistant Direc... Read more > More Real Estate News >

Real Estate Terms

Today's Terms

Equity

Definition:
An owner's financial interest in a property; calculated by subtracting the amount still owed on the mortgage loon(s)from the fair market value of the property.

PMI

Definition:
Private Mortgage Insurance; privately-owned companies that offer standard and special affordable mortgage insurance programs for qualified borrowers with down payments of less than 20% of a purchase price.

Amortization

Definition:
Repayment of a mortgage loan through monthly installments of principal and interest; the monthly payment amount is based on a schedule that will allow you to own your home at the end of a specific time period (for example, 15 or 30 years)

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Real Estate Resources

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Real Estate Hot Topics

Topics Related to Real Estate Law:

Commercial Real Estate
Construction
Condemnation
Landlord / Tenant
Mortgage Matters

Nevada Real Estate Attorney

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

Legal Disclaimers
All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Real Estate Attorney Nevada.com is not intended to be real estate advice, but merely conveys general information related to real estate issues commonly encountered.

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