RECENT BLOG POSTS
Here is a quick overview of monthly mortgage payments and how much home you would like to have. I will be giving you a call to see if you have any questions. Use the following to chart to determine your monthly principal and interest payments at various interest rates for either a 15 or 30-year t...
11/05/2008
Whether you live in Las Vegas or Hawaii, if you are a veteran there are loan programs you must know about the VA loan to purchase your homes in Las Vegas or Hawaii. *VA loan is 100% financing with $0 down (great benefit offered only to those who are serving our country or who have served) *VA loa...
11/05/2008
Hello from Las Vegas! Reporting to you on our market condition as of September 2008. Refer to my analysis below for the latest trends in housing development.   *Number of homes sold in September increased by 9% to 2,783 *Sold volume in September 2008  is 6.7% shy of that in September 2005 *Medium...
11/03/2008
New  housing relief bill signed by the president included a $7500 tax credit for first time home buyers. This credit also applies to those who haven owned a home in the last three years. The tax credit, which will be applied on your income tax return actually acts as a no interest loan, due in 15...
10/29/2008
Find out why it's a great time to buy now. Home affordability and low interests are incentives and opportunities for you. Come to find out how to receive $7,500 credit towards your first home and to those who haven't owned a home in 3 years. *First time home buyers welcome *Investors are welcome ...
10/29/2008
It's time for another update on the Las Vegas housing market. Prices in general have reduced in August. Rental prices remain steady at a monthly average of $1,250. This is an equivalent of mortgage and interest payments on a $175,000 single family home. It's a buyers market for sophisticated inve...
09/20/2008
The market has changed quickly since January this year. As more and more bank owned home are placed on the market more and more buyers are surfacing.  We are currently experiencing competition amongst buyers who are driving up prices for bank owned homes. It is safe to say that single family home...
06/25/2008
Home prices have steadied over the month of May. Home sales were higher month after month. According to home sale statistics the following is the trend of sold  homes in 2008 compared to 2007 and 2006. In April 2008, home sales already surpassed the number of sold homes in April of 2007. We are a...
06/25/2008
1986 Tax reform act was passed to simplify taxing structure. A 15 and a 28 percent brackets. 2001 act made substantial modifications to estate taxes, retirement arrangements, and individual taxes. Prior to the 2001 Act, federal estate and gift transfer taxes had a death-time transfer exemption of...
03/04/2008
Here is a list of fees to be prepared for a home purchase. Not all fees are paid for by the buyer. Closing fees are negotiable and typically paid for by the Seller in this market. It's not always the case but very hopeful. Downpayment Earnest Money Deposit - ranges from $2,000 to $5,000 or more m...
03/04/2008
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Xiao-Qing (Shall-Ching) Lu

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