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May

2

I’ve just sold a Single-family property at 4090 Bluewing Way in Washoe Valley. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.

May

2

I’ve just sold a Manufactured/Mobile property at 3725 Sandpiper Dr in Reno. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.

Jul

6

I currently have a short sale listing. (FYI - in its most basic form - short sale: when a seller owes more than a house is worth and the seller “asks” the lender to take less than is owed, thereby releasing the lien on the property and allowing it to be sold.) The lender with the 2nd mortgage is almost definitely going to be wiped out by the foreclosure (already in process) on the first mortgage. In other words - the 2nd gets nothing - best case scenario. The good news? I currently have a buyer for the property - and the lender in 2nd position says no to the short sale. Here’s what i don’t understand - it’s a credit union - a local credit union - an institution allegedly committed to and invested in the community. Here’s their chance to see that a house does not remain empty, a neighborhood is not further compromised - and yet - their answer is still no. Where is the sense in this? It makes me wonder - as I see more and more people become financially upside down due to the change in the housing market - when will lenders, particularly local lenders, look at the larger picture? I’m interested to know what you have to say about the number of short sales we’re all seeing in the market - email me and tell me your thoughts!

Jul

6

Welcome Visitors!

Posted by Jennifer Menken under Welcome Visitors!

Welcome to my new blog! The reason I started this blog is to post information for buyers, sellers and people who are just curious about real estate. I thought this would be a good way to get a variety of real estate information out onto the web. I welcome comments and questions about anything related to Nevada real estate. I hope you visit this blog on a regular basis to hear about what is going on with the housing market in general & about what is going on with me! More coming soon, please stay tuned!