Interest Rates Effect Buying Power
I just read an interesting, informative, and thought-provoking article in the Wall Street Journal regarding the outlook of the real estate market over the next several years. If you want to be “in the know”, read this article.
New Law For Foreclosures in Effect for Nevada
During the last legislative session in the State of Nevada, Assembly Bill 149 was introduced and finally passed. This bill changes NRS 107 by restricting the mortgage holder’s ‘power of sale’ with respect to an owner-occupied house. This bill give the homeowner the right to request mediation for loan modification. Once a homeowner requests mediation, the mortgage holder’s action taken to sell off the property under foreclosure must be stopped. The mediation session, which can last up to 4 hours, must be conducted by a senior justice, judge, hearing master or other designee pursuant to rules adopted by the Nevada Supreme Court. For more information, call us today!! New Nevada Foreclosure Mediation Process will be helpful after you speak with us–we can summarize the procedure for you!
State of the Northern Nevada Real Estate Market
The second quarter report was recently published by the Northern Nevada Regional Multiple Listing Service (NNRMLS). After reviewing the information, I thought this would be of interest to you. It includes data for each of the counties within our MLS area. To review the report, click here: Market Watch Report 2nd Quarter 2009. Thoughts and comments are always welcome.
Genoa Nevada
Waterfall entrance to Genoa Lakes Golf Course
A quaint charming town, with a Victorian feel, nestled at the base of the Tahoe foothills of the majestic Sierra Nevada mountain range, approximately 250 residents call this township “home.” It is perfectly located approximately 25 minutes from Lake Tahoe, and 55 minutes from the Reno Tahoe International Airport. Whether you are planning a day visit or a longer trip, you will always feel welcome and at home in Genoa (pronounced je-NO-ah) Nevada.
Year-round Charm for Residents & Visitors Alike
Genoa, it is believed, was the first permanent trading post established by Mormon traders from Salt Lake City in 1851. When visiting, be sure and take in the history of this lovely town by visiting the Mormon Station Memorial State Park & Museum, the Genoa Courthouse, the Genoa Bar, the Hanging Tree and the cemetary.
Genoa allows you to “slow down” your pace of life while enjoying a leisurely meal or strolling through the local shops. One attraction you are sure to enjoy is the mule deer–affectionately known as the “other residents”. They are daily visitors as they quietly come down from the trees on the west side of Genoa to graze on local vegetation or fields near the Carson River. If you are driving through the town, please observe the local speed limits!
Prefer golf to shopping? No problem, be sure and visit Genoa Lakes Golf Course in Genoa Lakes or Genoa Lakes Golf Resort north of the town! Both are located just off of Hwy 207, commonly known as Foothill Rd which turns into Jacks Valley Rd just north of Genoa.
Come! Visit! Enjoy!
