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Jan. 22, 2006


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MORTGAGE Q. & A. Select mortgages allow for 100 percent financing
<b>Q.</b> What is the lowest amount that I need for a down payment on my home purchase?

Agent: Collection plans come loaded
When buyers visit the model homes at The Collection at Rhodes Ranch, they're frequently surprised at how many of the amenities in the model homes come standard, according to sales manager John Means.

Assistance programs for buyers 'cherry pick' FHA customer baseTHE HOUSING SCENE
<b>WASHINGTON</b> -- Home buyers who need help in coming up with enough front-end cash to qualify for financing might want to think twice about accepting help with the down payment, especially if that help comes from the seller.

Couple to begin new life together in Aliante home
After considering many new and resale homes, newlyweds Josedric and Ajanae Scott found the home and lifestyle that suited them at the Aliante master-planned community in North Las Vegas.

FOR THE RECORD
* Charles Van Geel, of the American Nevada Co., represented the company in its 10-year lease of 7,399 square feet at 701 N. Green Valley Parkway, in the Green Valley Corporate Center, to HQ Global Workplaces for $2.6 million.

Attorney to share fair housing insight
The rapid growth experienced in the Las Vegas Valley brings with it myriad problems, not the least of which are issues that fall into federal fair housing regulations. To address such issues, the Community Housing Resource Board will host a fair housing conference on Wednesday in the convention center at the Stardust Hotel.

Goldwyn, Klein invest in homeHOT PROPERTIES
Jeff Klein, who owns the historic and newly renovated Sunset Tower Hotel and Tower Bar, and John Goldwyn, an independent producer and grandson of movie pioneer Samuel Goldwyn, have purchased a Hollywood Hills home for about its $3.3 million asking price.

Popularity of reverse mortgages increases for senior homeownersOPEN HOUSE
More reverse mortgages than ever before are expected to become available to seniors this year, meaning they can convert a portion of the equity in their homes into tax-free income using a special home finance plan.

Second-home buyer chooses studio at The Residences at MGM Grand
Gerry Schmidt said he discovered the ideal opportunity to purchase a second home in the Las Vegas Valley. He and his wife, Linda, live in Southern California and plan to visit their new condominium at The Residences at MGM Grand about once a month when it is completed in June.

HUD mortgage limit increase reflect soaring home prices
If there is any doubt about how much home prices increased in 2005, just look at the new Department of Housing and Urban Development loan limits in the continental United States for 2006. They jumped nearly 16 percent <!-- 2212(unknown) --> 15.9 percent to be exact. This means buyers may obtain get a Federal Housing Administration-backed loan for up to $362,790 in high-cost areas such as New York City, Los Angeles, Chicago and Seattle, and for up to $200,160 in what HUD refers to as "standard areas" in the rest of the country. FHA loan-limit increases took effect Jan. 1.

Aliante comes of age
On the heels of rapid growth in 2005, the Aliante master plan in North Las Vegas begins a new year poised for strong home sales and the completion of more community amenities, according to Dan Naef, senior vice president of North Valley Enterprises, the developer.

Artist finds inspiration in Juhl downtown mid-rise development
As a former San Diego resident, Dawn Dillon was familiar with CityMark Development's urban residential projects. Impressed with the company's positive influence on the renaissance of downtown San Diego, she was immediately intrigued by its new mid-rise, mixed-use venture in downtown Las Vegas, Juhl.

Fashion firm has designs on Residences at MGM
The fashion house of Tadashi, a world leader in unique eveningwear, has purchased two suites at The Residences at MGM Grand.

Owner accuses board of selective enforcement
<b>Q.</b> In April, 2003 I received a letter from my management company that my boat was too long and that it must be removed from the property. I responded that I could shorten the boat a little by removing the rudder whenever it was in the yard. They did not answer my letter although they posted it on their Web site.

Sales office nears completion at Solera at Stallion Mountain
Del Webb announced it will host the debut next weekend of its new sales pavilion at Solera at Stallion Mountain, an age-qualified development within the guard-gated Stallion Mountain Country Club in the eastern Las Vegas Valley.

Lennar DS offers designer collections
Lennar DS Homes offers the expertise one would expect when hiring an interior designer, according to Roger Seaholm, who oversees the design studio for the builder.

Ryland builds on architectural originality at Travata at West Park
Ryland Homes representatives said the builder's Montage and Travata at West Park neighborhoods in the Summerlin master-planned community offer architectural originality.

Hockey team to greet fans at KB Home grand opening
Grand opening festivities for Chaco Canyon, the first KB Home development within Mountain's Edge, will take place from 1 to 4 p.m. today at the master-planned community located in the southwestern Las Vegas Valley.

Check home's electricity before replacing light switch
<b>DEAR MIKE:</b> I have a tenant who complained that a light fixture wouldn't light. After I replaced the switch, the light still wouldn't come on. I realized that all the bulbs were out. Anyway, is there a way to diagnose a light switch? -- Tony S.

Help-U-Sell aids family
Eric and Jennifer Bauer sold their two-story home in the southwestern portion of the Las Vegas Valley through Help-U-Sell Prestige Realty.

Window treatments get short shrift in new home
<b>DEAR GAIL:</b> After we moved, we brought our custom window treatments into our new home because they match our bedding. Our new windows are taller, however, and the panels are too short. We have two sets of panels with separate valances. The fabric is no longer available, so how can we retro-fit them to the new windows? -- Margaret G.

Sun City Aliante promotes active lifestyle through common areas
Del Webb offers a lifestyle of social and recreational opportunities for age-qualified residents at Sun City Aliante in North Las Vegas.

Pulte extends buyer incentives at Silverstone Ranch collections
Silverstone Ranch, a golf course community under development by Pulte Homes in northwest Las Vegas, has extended January incentives for the closeout of three home collections: Merion, Oakmont and Cypress, according to Lindsay Motley, general sales manager.

Child care centers expand in Summerlin
Choosing a child care facility is not an easy task, according to Summerlin resident Liv Gregor.

Appreciation stagnates in many marketsTHE NATION'S HOUSING
<b>WASHINGTON</b> -- What is real estate worth in a market with a glut of homes for sale, and where re-listings with price reductions are becoming routine? That's the question facing buyers from Southern California to Arizona, to Florida and north to New England, all of which are experiencing declines in appreciation rates and sagging sales.





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