David Hughes' Blog: All Categories

With all the foreclosures going up for sale in the area it is hard not to be overwhelmed in your search for the perfect home, investment property, etc.  Our staff at www.homes-reno has just taken all the difficulty out of it. 

You can now search ALL the foreclosures in the Reno – Sparks area on our website.  We made it simple to search by separating all the foreclosures by price range.  All the foreclosures that are listed within the Reno MLS system are all included in this search. 

If you have any questions regarding any of the foreclosures in the Reno and Sparks area, please feel free to contact me at
1-800-692-1193.
 

1989 headline in Golf  magazine ''Northgate is one of the best new courses in the country".

2009 headline from the Reno Gazette Journal "'RSCVA closes Northgate due to budget shortfalls".

Tom Lehman shot the course record back in 1991, a stellar 62 when the Ben Hogan tour came through here. How did it come to this?  That course was in pristeen condition and a layout that was one of the best in Reno. Times have changed, there are a lot more options for golfers in the Truckee Meadows and a lot of the courses are struggling for players.

Dave Aiazzi of the Reno City council has started a website called http://savenorthgate.ning.com/ , I think he has a great idea to turn it into a regional park that could be used for music type blues festivals etc..…

About 40% of all evictions in Washoe County are tenants who have done nothing wrong.  They pay their rent and then the sheriff shows up at their door to give them 3 days to move out. The owner of the home did not make the payments and the unsuspecting tenant gets the boot once the foreclosure is final. If you are one of these landlords please contact your tenant and let them know what is going on. Yes, you are mad at the bank, the economy, whatever, there is no reason to possibly put good, hard working people who pay their rents on the street.

Fortunately, there is a bill in the state legislature right now that would notify these tenants as soon as the foreclosure process starts and they would be given 60 days notice to find another place to live. There…

Just listed...2580 Edgerock for $780,000 with over 3500 square feet of totally upgraded living space. The seller has put over $50,000 just in the kitchen and completely remodeled every bathroom with lots of tumbled stone and exotic tiles. This is one of the units that was built by Altmann Construction overlooking Lakeridge golf course with unobstructed views of the city and mountains. The great thing about this unit is that you walk in on the main level and most of your prime living space is on the main level including the master bedroom. There is also a 3 car garage with a state of the art organization system and a fully equiped weight room with all the most up to date cardio machines.

Lakeridge is a gated community that is built around Lake Stanley and…

There will be 300 foreclosure that will be sold this week in Nevada, 39 of them will be in Reno and the rest will be in Las Vegas. Banks are increasingly turning to auction companies like Hudson and Marshall to sell their vast inventories of unsold foreclosures. According the National Associaion of Realtors in the fourth quarter of 2008 45% of all real estate transactions were foreclosures. Nevada lead the charge with a 133% increase in sales in the fourth quarter of 2008 over the same period in 2007. At these auctions the properties are sold "as is" and the buyers are required to make a $5000 deposit either in cash or a cashiers check for each successful bid they get.

For more information buyers should go to www.hudsonandmarshall.com or call 866-539-4172…

One of the biggest questions I get when selling real estate is, "Will my property taxes go up when I buy a home". The answer is "No". We are not a prop 13 or market value state like California which puts your tax at 1% of the sales price and stays there until you sell the property. If you bought your property 30 years ago and paid $100,000 your annual taxes are still $1000 per year, where as your neighbor who just paid $700,000 for the house next door is paying $7000 annually for his taxes.  Doesn’t seem fair. The good news is Nevada does not operate this way.

The way the Washoe County tax assessor taxes real property owners can be a little confusing but I am going to give it a shot.

The formula that they use is this:

Taxable value = market value of…

There are some homes in our area that are taking a beating, literally. Some disgruntled homeowners are taking out their frustration on the home as they are going through the foreclosure process as their castles are being taken from them. Appliances, fixtures, windows, door handles, whatever they can pry loose or load in their truck is what some of these unhappy homeowners are taking with them. As their dream of home ownership comes to an end, so does the condition of the home. It does not happen in all cases but as realtors we see it on a daily basis. This not only hurts the bank but it certainly hurts the neighborhoods and neighbors that these homes are in. In this state of disrepair the bank will have to fire sale the home to get it sold, thereby…

5 star quality at a 3 star price according to John Graham of Dickson Realty, Colin Smith and his wife Mary Beth have created the new hot spot in Somersett. Colin’s many years experience as a chef in the area is paying huge dividends and their motto of everyday gourmet is just what Somersett was looking for. They started with the Roundabout market which they are turning into a gourmet pizzeria with home delivery to all of Somersett plus the market will still have the staples you need if you forgot to go to the grocery store on the way home. Click here for a link to their menu and check out Colin below on the Dickson Realty’s Real estate today show in action.