Your Local Real Estate Sales Resource

Adopt a Pet this Holiday Season!

As a result of the current housing market, many homeowners have no choice but to surrender their pets to local shelters. What could be a better gift than a companion to add to your family or for someone that you know at NO COST to you?

I will be sponsoring up to five adoptions through the Nevada Humane Society and/or the local Humane Society in your area. These shelters are classified as a "kill" shelter and are currently experiencing a high number of pets that need to be adopted.

Can you or someone you know open your heart and your home to one of these abandoned pets?

Please contact Claudia at 775.351.6004 or 877.MLS.RENO for more information.

What is a Short Sale?

A short sale occurs when a homeowner owes more on their property than the property is actually worth, but their bank agrees to accept less than what is owed as "payment in full", in an effort to avoid the foreclosure process.

The approval by the lender(s) is required because the loans are liens against the property that must be satisfied in order for clear title to pass from the seller to the buyer. That means that the lender(s) must accept getting less then the amount owed and agreeing that the lien(s) is satisfied and can be cleared.

What is a REO?

Real Estate Owned by the lender, this status indicates the property is now owned by the lender or bank as a result of a foreclosure.

Following are Homes & Condos Sold in the Reno/Sparks Area for second quarter and third quarter of 2008. (click on the map to enlarge)