by Steven Kitnick | Jul 21, 2017 | Appraisal, HUD, VA
VA Appraisals stay with the property similar to FHA appraisals, but for a period of 180 days. If a Buyer is using a loan other than a VA loan to purchase the property, then a new appraisal will be ordered on a new transaction.
by Steven Kitnick | Jul 21, 2017 | Appraisal, HUD
I contacted Rey Gallegos, Nevada State Manager and Mortgage Loan Originator (NMLS # 557038) with HomeBridge Financial Services to get an answer to this question. Here it is! “When a property purchase transaction occurs where an FHA loan is being used to buy...
by Steven Kitnick | Jul 12, 2017 | Licensing, Opening a Brokerage
I’m am not aware of any specific amount that’s required. Now, let me provide you with some additional information that I hope will further assist you in the process. You’ll have to complete “Instructions for Broker License All Broker...
by Steven Kitnick | Jul 8, 2017 | Current Issues Under Investigation by NRED, Nevada Real Estate Law
Some of the current issues under investigation by the Nevada Real state Division (“NRED”) include the following: 1) Licensees not submitting their mid-term education or submitting mid-term education late. 2) Brokers failing to submit their annual Trust...
by Steven Kitnick | Jul 5, 2017 | Continuing Education, Licensing, NRED "My Account", Post Licensing
There are several reasons why a CE course or Post-Licensing module does not appear on your Nevada Real Estate Division (“NRED”) My Account. Here are a few of the possibilities: (1) The course sponsor did not send in their upload to the NRED (sponsors...
