Joshua Talayka's (talayka) Blog

According to preliminary data from Costar, there have been a growing number of investors who have been purchasing property in the U.S. hotel and hospitality sectors. Being luxury expenditures for most consumers, the Hotel and Hospitality was among the worst hit segments of the commercial market d...

According to a survey performed by Bankrate, we have seen a significant increase to closing costs associated with mortgage originations. On a nationwide average, closing costs have increase 8.8% over the last year. This increase has primarily been attributed to the increased work lenders have to ...

The Pentagon Federal Credit Union Foundation is offering down payment and closing cost assistance to first time buyers who are currently active duty military personnel, veterans, retired military, Department of Defense employees, or employees of the Department of Homeland Security. The grant is b...

A recent analysis of U.S. Census data performed by the Pew Research Center has indicated that the gap in wealth between whites and various minority groups has increased to record levels as a result of our housing crash. This is primarily due to the fact that before the housing crash the accumulat...

When purchasing Real Estate with the use of a Power of Attorney, you will want to make sure that the Power of Attorney form is drafted and executed properly in order to ensure that it doesn’t cause the file to become red flagged during the escrow process. The following checklist was provided to m...

When you really break it down, there are 5 main factors that traditionally drive our market and will also be the same factors that will drive our recovery. The first 4 factors are easy to monitor and track: Housing Affordability, Job growth, Demographics and available credit. The 5th factor is mo...

More and more companies are looking for ways to expand their business. As a result, we’ve started to see an increase in Commercial Leaseback transactions. In this type of a transaction, a company sells the real estate it currently occupies and then leases the space from the new owner. An investo...

At the onset of our current economic recession, the majority of distressed homeowners having difficulty paying their mortgage came from the subprime sector where borrowers were facing adjustable interest rates. As the markets have continued to worsen and unemployment/wage reductions have increase...

As some of my readers may be aware of, I am currently one of only two real estate agents to be appointed by the Nevada Supreme Court to sit on the Foreclosure Mediation Program’s advisory committee. As a committee member, I believe I can offer a unique insight into the program and its benefits. S...

Seller financing can offer many benefits in today’s market for a seller. It offers a way for an equity seller to stand out from the competition. For one, since the majority of buyers who need seller financing can’t qualify for a traditional loan, they are normally willing to accept an interest ra...