Neighborhood Spotlight: Old Southwest Reno and Midtown Reno

Midtown Reno Neighborhood

If you’ve ever wondered what it’s like to live in Old Southwest Reno or Midtown Reno, you’re not alone. This neighborhood is one of the most sought after in Reno. Prized for it’s unique, diverse home selection, proximity to hip restaurants & shops, and central … [Read more...]

Is it Better to Buy or Rent a Home in Reno?

Buy or Rent a home

Deciding whether to buy or rent a home in Reno can be a tricky decision. One that varies considerably from market to market. I recently read an article by Trulia economist, Jed Kolko, regarding the cost gap between renting a home or buying a home. Jed shared that “buying … [Read more...]

5 Property Tax Questions You Need to Ask

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What is the assessed value of the property? Note that assessed value is generally less than market value. Ask to see a recent copy of the seller’s tax bill to help you determine this information. How often are properties reassessed, and when was the last reassessment done? … [Read more...]

Reno Wood Burning Stove Rebate – Get $1,100 for a New Stove

Wood burning stove

Few things are more relaxing than sitting by a warm fire in the comfort of your home. But what if your old wood-burning stove is causing pollution to the air in Reno? Updating your old stove to a new, efficient, cleaner-burning stove, pellet stove or gas-burning fireplace … [Read more...]

Budget Basics Worksheet

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The first step in getting yourself in financial shape to buy a home is to know exactly how much money comes in and how much goes out. Use this worksheet to list your income and expenses below. INCOME Take Home Pay (all family members) Child … [Read more...]

Loan Types to Consider

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Brush up on these mortgage basics to help you determine the loan that will best suit your needs. Mortgage terms. Mortgages are generally available at 15-, 20-, or 30-year terms. In general, the longer the term, the lower the monthly payment. However, you pay more interest … [Read more...]

8 Tips to Guide for Your Home Search

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Research before you look. Decide what features you most want to have in a home, what neighborhoods you prefer, and how much you’d be willing to spend each month for housing. Be realistic. It’s OK to be picky, but don’t be unrealistic with your expectations. There’s no such … [Read more...]

How Big of a Mortgage Can I Afford?

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Not only does owning a home give you a haven for yourself and your family, it also makes great financial sense because of the tax benefits — which you can’t take advantage of when paying rent. The following calculation assumes a 28 percent income tax bracket. If your … [Read more...]

5 Factors That Decide Your Credit Score

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Credit scores range between 200 and 800, with scores above 620 considered desirable for obtaining a mortgage. The following factors affect your score: Your payment history. Did you pay your credit card obligations on time? If they were late, then how late? Bankruptcy … [Read more...]

Lender Checklist: What You Need for a Mortgage

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W-2 forms — or business tax return forms if you're self-employed — for the last two or three years for every person signing the loan. Copies of at least one pay stub for each person signing the loan. Account numbers of all your credit cards and the amounts for any … [Read more...]