Extra! Extra! Great News for Condo Buyers!

Looking to buy a condominium? You could be eligible for a government-backed loan by the FHA (Federal Housing Administration) with a lower down payment under new rules that were announced Wednesday.

The new regulation and policy guidance set a new condo approval process and allows for some individual condos to be eligible for an FHA mortgage even if the condo project isn’t FHA approved. The loans only require a 3.5% down payment and allow for lower credit scores than conventional loans according to The Wall Street Journal.

Officials said the new rules would make it easier for condo buyers to apply for FHA-insured financing and open up more mixed-use projects to FHA backing. “Today we are making certain FHA responds to what the market is telling us,” FHA Commissioner Brian Montgomery said. “This new rule allows FHA to meet its core mission to support eligible borrowers who are ready for homeownership and are most likely to enter the market with the purchase of a condominium.”

The FHA stated that 84 percent of condo buyers it backs had never owned a home before getting their FHA loan. Housing and Urban Development Secretary Ben Carson said the change will open homeownership to new first-time buyers as well as seniors. “Condominiums have increasingly become a source of affordable, sustainable homeownership for many families and it’s critical that FHA be there to help them,” Carson said.

Only 6.5% of the 150,000 condo projects in the U.S. are currently approved for FHA’s mortgage insurance programs. Officials said the new policy, which will go into effect on Oct. 15, will open somewhere between 20,000 and 60,000 condo units to FHA-backed financing each year, which means more choices for home shoppers.

For an individual unit to be eligible for approval under the new rules, officials said it will have to be located in a completed project that is not approved. For projects with 10 or more units, no more than 10 percent can be FHA-insured. Projects with fewer than 10 units can have two FHA-insured units.

This is wonderful news for first time buyers that want to purchase a condo.

Do you have a need for commercial / industrial / retail space? Are you ready to buy or sell a home? We can help you with that… just call us at 702 SELL NOW or click on this link to my website http://www.702SellNow.com

Choose to have an amazing day…..Jeff

 

Downtown Summerlin – Fitness On The Lawn

Those of us that live on the west side of the Las Vegas Valley are so happy to live near Downtown Summerlin.  In the few years since its opening Downtown Summerlin has grown and evolved to being an area that truly has something for everyone.

The Howard Hughes Corp. has listened to suggestions to make Downtown Summerlin a place everyone wants to come to and I’m sure we will see more events and growth in future years.

This year we are seeing the return of Fitness On The Lawn in Downtown Summerlin with TruFusion Summerlin, Pure Barre, lululemon, and Dance Dynamics!  Classes are FREE and welcome all levels. Bring your mat, towel and water and end the day with practice facing the Red Rock Canyon to the backdrop of the sunset in the mountains.  This community event is focused on wellness and an active outdoor lifestyle, a hallmark of the Summerlin Life.

The weekly fitness classes started on April 2nd and will run through the end of September. Enjoy a different class each week on Tuesdays at 7:30 p.m.! Enjoy yoga, boxing, dance fit, circuit and more! Bring your mat, towel, and water and end the day with a workout, Summerlin® style. My family & I have attended a couple of these too and it’s a nice change of pace from the usual classroom workouts.

Do you have a need for commercial / industrial / retail space? Are you ready to buy or sell a home? We can help you with that… just call us at 702 SELL NOW or click on this link to my website

Choose to have an amazing day…..Jeff

Getting the Kiddos Ready to Go Back to School

Downtown Summerlin hosts the 12th Annual Cox Back to School Fair on Saturday, August 10 from 10am-3pm under The Pavilion. The event features a one-stop-shop for resources and information about getting kids and families ready for the new school year.

Cox Back to School Fair serves as the source for both students and parents to be ready for getting back to school. There are over 30 Booths including: CCSD Representatives from Transportation, Food Service, Safekey and more!

One of the services is Wal-Mart for immunizations that are required for students.  Anthem Pediatrics and representatives from the CCSD will be on hand to answer any questions you might have from enrollment, meal programs and registration.

There will be representatives from community agencies such as the YMCA, Project 150, Olive Crest, Nevada PEP and the Clark County Parks and Recreation Safekey.

Through the “Open Schools Open Doors” agreement, Clark County Parks & Recreation Safekey Before and After School Programs are offered to students in grades K-5 at 84 Clark County School District schools located in unincorporated Clark County.  The Safekey program offers a healthy environment where participants will engage in, but not limited to, indoor/outdoor individual and small group games, arts & crafts, the Apple Core reading program, an afternoon snack, all designed to enhance your child’s social growth and development.  This program is only available when school is in session – not during the summer or holidays.

Do you have a need for commercial / industrial / retail space? Are you ready to buy or sell a home? We can help you with that… just call us at 702 SELL NOW or click on this link to my website http://www.702SellNow.com

Choose to have an amazing day…..Jeff

Movies at the Las Vegas Ballpark? Fun!

This is such a great idea -Las Vegas Ballpark won’t just be for baseball games anymore…  On Wednesday the ballpark spokespeople announced that they will be hosting “Flicks on the Field” movie night on select dates starting in August and will run to October.

The movie nights will be open to the general public starting at 7:05 p.m. and tickets will cost $2 per person. Children ages two and younger will get in for free. Tickets can be purchased at the main box office or online at www.thelvballpark.com.

Concession stands will also be open around the ballpark so you can buy food and drinks and then sit down and watch the movie on the jumbotron screen.

Las Vegas Ballpark said in their release that the schedule of movies is subject to change and pending weather.

Here is the upcoming schedule of films:

Aug. 8 – Top Gun

Aug. 22 – The Sandlot

Sept. 12 – Anchorman: The Legend of Ron Burgundy

Sept. 26 – The Goonies

Oct. 3 – Ghostbusters (original version)

Oct. 17 – Jurassic Park (original version)

Nov. 14 – Pick-A-Flick holiday movie to be selected by the general public. Information and details forthcoming.

The master-planned community of Summerlin is always thinking of ideas to give their residents (and residents in Las Vegas) another amenity to enjoy that includes your entire family.  Showing again that the community of Summerlin has an active outdoor lifestyle in mind for everyone, an attitude the developer has always believed in.

Do you have a need for commercial / industrial / retail space? Are you ready to buy or sell a home? We can help you with that… just call us at 702 SELL NOW or click on this link to my website http://www.702SellNow.com

Choose to have an amazing day…..Jeff

Nevada Boxing Hall of Fame Meet & Greet/Fan Experience

Before they roll out the red carpet for the NVBHOF 7th Annual Induction Ceremony and Dinner the Nevada Boxing Hall of Fame will start the weekend off with this Epic Meet & Greet/Fan Experience.

On Friday August 9, 2019 from noon to 4 p.m. at the Red Rock Casino, Resort and Spa you can meet some of the leading boxers before the weekend induction into the Boxing Hall of Fame.  This Meet and Greet will be held in the Charleston Ballroom.  Last year they had over 40 Past and Present Champions, along with boxing vendors on hand to meet and mingle with boxing fans and supporters!

Tickets are $50 plus $1.99 fee at http://bit.ly/2SxymLD If you wait to pay at the door the tickets are $75.  Ticket includes entry into the WBC Greenbelt Challenge Saturday 8/10 at 11am in the Charleston Ballroom.  Buy your tickets today, last year the tickets sold out and they had to turn 100’s of people away.

The NVBHOF is a non-profit 501 (c) (3) organization and your support is tax deductible.

Are you ready to buy or sell a home? Do you have a need for commercial / industrial / retail space? We can help you with that… just call us at 702 SELL NOW or click on this link to my website http://www.702SellNow.com

Choose to have an amazing day….Jeff

 

WOW – It’s the 25th Annual Summerlin Council Patriotic Parade – Thursday July 4th

It’s hard to believe that another year has flown by and that this year is the 25th annual Summerlin Council Patriotic Parade.  My family and I have a tradition we get up early on the 4th of July and find a perfect spot up front on the parade route to set up our little shade structure, then we go to get some breakfast nearby.   We always have a great time and besides watching a great parade we get to meet other families that are as excited as we are to see the pageantry float by.

The entire Las Vegas valley is invited to celebrate Independence Day at the 25th Annual Summerlin Council Patriotic Parade, Southern Nevada’s largest and most colorful Fourth of July parade. The parade starts at 8:30 a.m. and is expected to be over at 11a.m. The parade begins at the corner of Hillpointe Rd and Hills Center Dr in The Trails village of Summerlin. Participants travel south toward Village Center Circle, then west on Trailwood Drive. The parade ends near the corner of Trailwood Drive and Spring Gate Lane.

This year for the silver anniversary of the parade there will be over 70 entries including a float themed for the Las Vegas Golden Knights sponsored by City National Bank that started in the parade last year.  Plus all the traditional floats and giant balloons, bands, military heroes, musical groups and children themed figures of storybook and cartoon characters.

Over 40,000 people are expected to watch the festivities.  There are more than 2,500 people participating and over 500 volunteers from schools and other organizations.  The on lookers come from all parts of the Las Vegas area to watch this spectacular parade.  Don’t forget to bring water and wear sunscreen.

The feeling you get watching everyone taking great pride in our city is pure joy and how proud we all are to be in this incredible country. There is nothing quite like it. For parade details, just go to: http://summerlink.com/patriotic-parade

I want to wish everyone a happy and safe 4th of July. And please be careful if handling fireworks. The air is extra dry and you can easily start a fire, or get hurt. Maybe you prefer to let the professionals handle it and watch the fireworks at Red Rock Casino or at Green Valley Ranch Hotel?

Do you have a need for commercial / industrial / retail space? Are you ready to buy or sell a home? We can help you with that… just call us at 702 SELL NOW or click on this link to my website http://www.702SellNow.com

Choose to have an amazing day…..Jeff

 

Don’t buy Summerlin garage sale signs – borrow mine (no charge) ((really))

Did you know the master-planned community of Summerlin requires specific signs for garage sales?  To some it seems silly, I know, but they look nicer than a lot of the homemade ones you see around the Las Vegas valley, and we like our community to look nice, so they have a rule (find the rule here), and I’m really not sad about it.

Did you know that the signs cost $6 each? If you want to have a garage sale and buy just 5 signs, there’s $30 gone before you get started, right? And if you buy 10… ugh! Well, I have a lot of them (more than 20).  The only thing I ask is that you return them all, in reasonably the same condition you borrowed them in.

You know, the more signs you have out around the area the more visible you will be and attract more people to your garage sale.  Whether you have a few, and want to use more, or don’t have any at all, you can borrow mine anytime (unless, of course, someone else has reserved them for the same day).  I’ll even drop them off to you, and when you’re finished you just return them to me!

What’s the catch you ask?  There’s no catch!  I promise!  Let’s be honest, they just sit in my garage collecting dust most of the time, anyway, and they might as well get put to good use!  Sure, I hope you’ll remember me someday when you are considering buying or selling real estate, but I promise not to start emailing you or calling you, just because you borrowed my signs. I’m gonna loan you the signs and that’s it. Deal? Just call my office at the number below to reserve them!

Are you ready to buy or sell a home? Do you have a need for commercial / industrial / retail space? We can help you with that… just call us at 702 SELL NOW or click on this link to my website http://www.702SellNow.com

Choose to have an amazing day….Jeff