Henderson Nevada Real Estate News & Listings Presented By RE/MAX Advantagehttp://www.timkuptz.comFri, 03 Sep 2010 18:01:09 GMTLas Vegas, NV 89128]]>http://www.timkuptz.com/property/1073073-Las-Vegas-Nevadahttp://www.timkuptz.com/property/1073073-Las-Vegas-NevadaMon, 30 Aug 2010 11:24:28 GMT3954 Edgemoor Way, Las Vegas, NV 89121

Am Amazingly spacious townhouse with elegant living at a great price.  Very open living room centered by a fireplace opens to dining and kitchen with a patio.  A separate family room is all tile.  Big master offers great functionality for furniture placement.  Large soaking tub and separate shower in the master bath.  Complex offers mature landscaping, gated access and common pool.

]]>http://www.timkuptz.com/property/3954-Edgemoor-Way-Las-Vegas-Nevadahttp://www.timkuptz.com/property/3954-Edgemoor-Way-Las-Vegas-NevadaWed, 25 Aug 2010 00:47:36 GMT9383 MALAYA GARNET CT, Las Vegas, NV 89148

Not a Short Sale, bank repor or investor flip.  Just a top coniditioned resale house ready to become a home.  Immaculate interior includes expansive tile flooring on ground floor, like new carpet in the bedrooms. Super clean paint is ready for your decorator touches.  Open kitchen with clean white appliances.  Super community offers large private park and a great SW Las Vegas location.

]]>http://www.timkuptz.com/property/9383-MALAYA-GARNET-CT-Las-Vegas-Nevadahttp://www.timkuptz.com/property/9383-MALAYA-GARNET-CT-Las-Vegas-NevadaSat, 21 Aug 2010 11:04:32 GMTNew FHA MIP Premiums - Oct 1 

Las Vegas home buyers!  New changes are in store for FHA mortgage insurance premiums.  John Longstreet with Cornerstone Home Lending submmitted the following analysis today.

FHA is lowering their upfront MIP to 1% as of October 4th,2010!  The bad news is that they are INCREASING the MIP renewal from .55% to .90%, which, in purchasing terms, will decrease the buying power of your buyers by approximately $7500 from their maximum purchase price.  But, in the long run, is it really bad news?  See how the new premiums will affect equity over time. 

 See below illustration:

 Up front mortgage insurance will decrease to 1.0% for all amortization terms

  • Annual premiums will increase on amortization terms >15 years to:
    • .85% on LTV’s <95%
    • .90% on LTV’s >95%

Old MIP vs. New MIP illustration

Based upon a loan amount of $200,000 @ 4.5% rate @ 30-year @ 96.5% LTV:

 

(*The Borrower Pays $45 more per month which translates into a negative $7,500 in buying power.)

However, if home is sold at year 7:

  

[*FHA gets $2,102 MORE in MIP but principal balance is $2,175 less, so at year 7, it's basically a "wash". (the same calculation for 5 years, same deal.)]

Bottom line, FHA gets MORE, but the buyer builds up more equity.

As of right now, the MI is still deductible on income taxes (sunset on December 31, 2010).

Just a reminder, that the MI drops off after it reaches 78%, or approximately 10 years!

John Longstreet can be reached at 702-250-0688 cell.  He is based in Henderson, NV with Cornerstone Home Lending.

]]>http://www.timkuptz.com/Blog/New-FHA-MIP-Premiums-Oct-1http://www.timkuptz.com/Blog/New-FHA-MIP-Premiums-Oct-1Wed, 11 Aug 2010 01:00:00 GMT1682 WINDSHIP CT, Henderson, NV 89014

Prime Green Valley Location! Large lot home on quiet cul-de-sac.  Formal living and dining had custom tile floors running into the family room and kitchen.  Granite counters in island kitchen overlooks family room with fireplace.  Down bed and bath.  Full 4 more bedrooms upstairs.  3 car garage has a small shop inside.  Inground pool and spa in back.  Priced to move!

]]>http://www.timkuptz.com/property/1682-WINDSHIP-CT-Henderson-Nevadahttp://www.timkuptz.com/property/1682-WINDSHIP-CT-Henderson-NevadaSun, 08 Aug 2010 11:02:02 GMT198 CHADWELL CT, Henderson, NV 89074]]>http://www.timkuptz.com/property/198-CHADWELL-CT-Henderson-Nevadahttp://www.timkuptz.com/property/198-CHADWELL-CT-Henderson-NevadaTue, 03 Aug 2010 11:02:57 GMT693 Oak Field Lane, Las Vegas, NV 89011

Great open floorplan.  Great kitchen and great room.  Cool wood like flooring all over the ground floor.  Fantastic layout.  4 bedrooms up. Great master bedroom has walk-in closet.  Great backyard with huge patio leaving options for pool and kickin entertainment area.

]]>http://www.timkuptz.com/property/693-Oak-Field-Lane-Las-Vegas-Nevadahttp://www.timkuptz.com/property/693-Oak-Field-Lane-Las-Vegas-NevadaTue, 27 Jul 2010 16:58:58 GMT3654 BIELA AV, Las Vegas, NV 89120]]>http://www.timkuptz.com/property/3654-BIELA-AV-Las-Vegas-Nevadahttp://www.timkuptz.com/property/3654-BIELA-AV-Las-Vegas-NevadaThu, 15 Jul 2010 11:05:07 GMTAbsentee Ownership and YouAreas of high foreclosure activity and low prices, such as Las Vegas, are fast becoming epicenters for real estate investors - or absentee owners.  Coupled with the low prices, the population has remained stable so good renters can be found relatively easily.  Now is definitely the time to buy in Vegas.  To read more about the absentee phenomenon, click on the following link:

http://realestate.nj.com/?classification=real+estate&temp_type=search&tp=RE_nj&tl=42&guid=123360

]]>http://www.timkuptz.com/Blog/Absentee-Ownership-and-Youhttp://www.timkuptz.com/Blog/Absentee-Ownership-and-YouWed, 14 Jul 2010 10:15:00 GMTJune 2010 Median Prices Reveal Stability in the MarketIn the past 12 months, there's been little movement in the median price of a home in Las Vegas and Henderson.  So little in fact, June 2010 prices are the same as June 2009 - $140,000.  Click to our company blog here to read a complete digest of the numbers and download our report.. http://bit.ly/dzKiVL

 

]]>http://www.timkuptz.com/Blog/June-2010-Median-Prices-Reveal-Stability-in-the-Markethttp://www.timkuptz.com/Blog/June-2010-Median-Prices-Reveal-Stability-in-the-MarketThu, 08 Jul 2010 22:20:00 GMTNew & Free Home Buyer Service!WOW!  It's really that simple.  Call 702-475-7553 on ANY listed property in the Las Vegas and Henderson market areas and get price and property information right on your phone, right in the car!  Never talk to an agent and it works 24 hours a day!  Las Vegas is still a 24 hour town - no need to wait for the business world to wake up.

]]>http://www.timkuptz.com/Blog/New-Free-Home-Buyer-Servicehttp://www.timkuptz.com/Blog/New-Free-Home-Buyer-ServiceTue, 06 Jul 2010 01:00:00 GMTSilver Lining in the Economy?Is there finally a silver lining for the Las Vegas economy? Month after month declines in taxable sales have been the news for almost 2 years, so it is a major breath of fresh air to see a gain.  Las Vegas has been the hardest hit major city outside of Detroit in this economic downturn. Read the Las Vegas Sun story here.  http://bit.ly/bCjTuD

]]>http://www.timkuptz.com/Blog/Silver-Lining-in-the-Economyhttp://www.timkuptz.com/Blog/Silver-Lining-in-the-EconomyTue, 29 Jun 2010 01:00:00 GMT8920 BONNEVILLE PEAK CT, Las Vegas, NV 89148

Great Mountain's Edge area offering. Newer build with spacious kitchen, big dining area and open great room.  Upstairs offers ample bedrooms and convenient computer loft. No LID, low HOA fees, super area.  Seller is motivated.

]]>http://www.timkuptz.com/property/8920-BONNEVILLE-PEAK-CT-Las-Vegas-Nevadahttp://www.timkuptz.com/property/8920-BONNEVILLE-PEAK-CT-Las-Vegas-NevadaTue, 15 Jun 2010 11:03:42 GMT6364 W. Desert Inn Road, Las Vegas, NV 89146

Traditional custom ranch home on acreage! Classic interior, sunken living room, formal dining, brick fireplace in family room.  Huge bedrooms, awesome exposed wood ceiling in family room, massive garage, huge pool, 3/4 acre and a guest house in the back (not permitted).  Can close in time to harvest the grapes for wine making.  Has been cleaned and free of debris.  This one needs some work (drywall, paint, cabinet repair).

]]>http://www.timkuptz.com/property/6364-W-Desert-Inn-Road-Las-Vegas-Nevadahttp://www.timkuptz.com/property/6364-W-Desert-Inn-Road-Las-Vegas-NevadaMon, 14 Jun 2010 18:51:46 GMT1830 BUFFALO DR, Las Vegas, NV 89128

Great downstairs unit in back of the complex with ample parking in front of unit.  Fireplace! Great kitchen / living room layout with patio access.  Spacious secondary bedrooms and closets.  Complex is gated and offers inviting pool and well maintained grounds.

]]>http://www.timkuptz.com/property/1830-BUFFALO-DR-Las-Vegas-Nevadahttp://www.timkuptz.com/property/1830-BUFFALO-DR-Las-Vegas-NevadaThu, 27 May 2010 11:02:26 GMTSnow Covered Mountain

A beautiful view, typical in February after a night of rain in the valley!  This place is beautiful!  Taken from Seven Hills in Henderson looking to Mt Potosi seen in the SW part of the valley.

]]>http://www.timkuptz.com/Blog/Snow-Covered-Mountainhttp://www.timkuptz.com/Blog/Snow-Covered-MountainThu, 04 Mar 2010 22:58:00 GMTAnother Down Year for Median Prices in Las VegasAnother down year for Las Vegas and Henderson.  Median prices fell in 2009 ranging from a low of 10% in 89107 and 89123 to down 60% in 89109 - the corridor of high rise condos!  Year over year figures are less than the previous year.  See here.

]]>http://www.timkuptz.com/Blog/Another-Down-Year-for-Median-Prices-in-Las-Vegashttp://www.timkuptz.com/Blog/Another-Down-Year-for-Median-Prices-in-Las-VegasMon, 01 Mar 2010 19:44:00 GMTWhat are The New "Must Haves" for Homes Today?Big is out.  Smaller and responsible is in.  So is luxury and lifestyle amenities.  Judging on the newest offerings from Las Vegas and Henderson homebuilders, they seem to align with national trends.  How does this top 10 list rate with you? Read this article reported from the International Homebuilders Show here in Las Vegas.  Tell me your one "must have" on your next home.  http://bit.ly/bpT7QQ

]]>http://www.timkuptz.com/Blog/What-are-The-New-Must-Haves-for-Homes-Todayhttp://www.timkuptz.com/Blog/What-are-The-New-Must-Haves-for-Homes-TodayFri, 05 Feb 2010 17:20:00 GMTLas Vegas MOST Undervalued in the U.S.REALTOR Magazine published today a short news story about the 10 most undervalued real estate markets in the US.  Las Vegas real estate was #1 on this list by a followed by Vero Beach, FL at number 2.   With home prices now hovering about 65% LESS than their peak values, the pendulum has moved to past a reasonable price correction to extreme as shown here with our now most undervalued honors.  Contact me to BUY TODAY!

Click here to read complete story

]]>http://www.timkuptz.com/Blog/Las-Vegas-MOST-Undervalued-in-the-UShttp://www.timkuptz.com/Blog/Las-Vegas-MOST-Undervalued-in-the-USWed, 27 Jan 2010 12:09:00 GMTDecember 2009 Real Estate Closings by TermThere were 4055 closings in the immediate Las Vegas real estate market in December 2009.  HOw buyers bought these homes are as follows;

Cash 40.5%, FHA loan 29.8%, Conventional loan 23.4%, VA loan 4.8%, Other 1.5%

Figures may add up to more than 100% due to rounding.

]]>http://www.timkuptz.com/Blog/December-2009-Real-Estate-Closings-by-Termhttp://www.timkuptz.com/Blog/December-2009-Real-Estate-Closings-by-TermTue, 05 Jan 2010 16:31:00 GMT