Friday, January 30, 2009

TURNBERRY TOWERS, A RARE FIND


TURNKEY, WITH A NOD TO THE CONTEMPORARY. SLEEK LINES, AND CUSTOM FURNITURE, WHILE PROVIDING A COMFORTABLE LIFESTYLE. 3rd BEDROOM IS CONVERTED TO OFFICE. LUXURIOUS FINISHES, NATURAL GRASS-CLOTH WALL PAPER, CUSTOM LIGHTING, AND SPACIOUS BALCONY AREAS MAKE THIS RESIDENCE PERFECT FOR ENTERTAINING OR THAT SPECIAL VEGAS HIDEAWAY ! ! !

Offered at $1,200,000 For more on Residence 3904 - Click Here

More about Turnberry Towers - Turnberry Towers is located at Karen and Paradise, just one-half mile off the Las Vegas Strip. Interstate 15 and U.S. Highway 93/95 provide easy access to other locations in the Las Vegas valley.

There are four floor plans, ranging from 915 to 1,937 square feet. Two 45-story towers will host residences overlooking both the Las Vegas Country Club and the famed Las Vegas Strip.

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Thursday, January 29, 2009

Turnberry Place, the most luxurious condominium in the city


This spectacular penthouse apartment offers 12,000+ sq.ft. of duel level living space, including more than 3,000 sq.ft. of wrap-around terraces that offers 360-degree views of the surrounding mountains and dazzling big-city lights.

Grand in scale, this magnificent penthouse includes a master suite with His and Hers baths, two bedrooms – each with private bath and walk-in closest, an upper level quest suite, and staff quarters.

Designed for luxury living and entertaining, the penthouse includes a private outdoor pool and spa, formal dining room, fully-appointed kitchen and adjacent morning room, full walk-behind bar and wine room, generous family room, and expansive entertainment area with two outdoor terraces.

There is private elevator access to the entry level of this grand residence, as well as elevator access from the entry to the upper level. The indulgent spirit of this desert city seems to take root the moment you arrive here.

And no place is this truer than at Turnberry Place, the most luxurious condominium in the city.

Offered at $16,000,000

Click Here For More Pictures

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Friday, January 23, 2009

Have your heard about the new Google Information Service?

We love to share new websites, technology and tools to assist you. We have come across a new tool from Google. It is free, fast and easy to use. It is still in Beta Testing but they have already made several upgrades so check it out!

1. Call 1-800-GOOG-411 from any phone
2. State the location and business type
3. Get directly connected

For more information visit:

http://www.google.com/goog411/index.html

Thursday, January 22, 2009

Today's par rate on purchases. . .

Good Morning!

Today's par rate on purchases. . . 30-yr fixed program. . . include the following:
-FHA with 30 day lock: 5.25%
-Conforming with 30 day lock: 5.375%

After the inaugeration of President Obama, I was hoping my email would be filled with good news about lower interest rates and a brighter economy but, I'm sad to say, the markets are still in trouble. It seems that interest rates for mortgage loans reached their low point a couple of weeks ago and have slowly inched higher. As you may have heard or read, Jobless claims for last week rose more than expected, housing starts were less than forecast, as were building permits, home prices continue to decline, and mortgage applications fell 9.8% last week. As for the markets, nothing in positive territory today---the equity markets are in retreat, bond prices are falling, driving rates higher, and mortgage prices are once again falling. In addition to this, Fannie Mae has once again revised its loan level price adjustments—for the worse. Sorry for the bleak news, but it will get better. I promise!

All the Best,

Etta Foote
Sr. Loan Officer
Specializing in FHA, Conventional, Rehab & Construction Loans
EVOFI ONE
702-293-0563 ho
503-551-2522 cell
702-947-7463 wo
702-952-0695 fax w/cover
website: www.evofione.com/etta.foote
email: ettaken@msn.com

Friday, January 9, 2009

Today's par rate on purchases. . . 30-yr fixed program


Happy Friday Morning!

The rates have remained about the same as in my last email.

Today's par rate on purchases. . . 30-yr fixed program. . . include the following:
-FHA with 30 day lock: 5%
-Conforming with 30 day lock: 4.875%

The good news this morning was that the jobs data was not much worse than expected. The bad news, however, is the U.S. economy shed 524,000 jobs in December and the unemployment rate spiked to 7.2%. The total amount of job losses for 2008 totaled 2.589 million, the most since 1945. The equity market is trading lower on this news while U.S. treasuries are seeing a slight rally. Mortgage bonds remain flat from the close on Thursday. The Federal Reserve Bank of New York reported yesterday that approximately $10 billion of Fannie, Freddie and Ginne securities were purchased for its account this week, as it wades into the market. The Fed has announced it will purchase as much as $500 billion of mortgage backed securities by June 2009, in an effort to lower mortgage interest rates and support housing prices. In reviewing the effect of the initial $10 billion purchase, the Fed may not have to spend as much as initially thought to keep rates low. Only time will tell.

Have a great weekend!

Etta Foote
Sr. Loan Officer
Specializing in FHA, Conventional, Rehab & Construction Loans
EVOFI PLATINUM LENDING
702-293-0563 ho
503-551-2522 cell
702-947-7463 wo
702-952-0695 fax w/cover
website: www.evofione.com/etta.foote
email: ettaken@msn.com

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Wednesday, January 7, 2009

LAND BANKING


Why Land Banking ?

- Low Taxes

- No Utility or maintenance costs

- Often owners are willing to offer creative and affordable financing.

Land Banking has been a popular method of holding investment funds, used by everyone from Donald Trump, Howard Hughes and Bob Hope; who all bought up large areas of land in what are now highly lucrative areas including New York, Southern California and of course Las Vegas.

Buyers need to be aware of issues such as zoning restrictions and future development in the area of interest.

During a time of uncertain banking regulations, and bank stability, land banking is one way to stay grounded in today's economy.

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Saturday, January 3, 2009

The Perfect Las Vegas Address


Sky Las Vegas at 2700 S. Las Vegas Blvd has to be the quintessential Las Vegas address. The image that Las Vegas Blvd conjures up in the mind is everything this city is about - world class entertainment, stunning array of restaurants, nightclubs and water fountains. To own a piece of the Boulevard is something very few will every get to do.

Sky Las Vegas gives you that opportunity today - sleek, shiny & blue - Sky Las Vegas offers owners & residents world class amenities like the SkyLounge, social room for private parties & entertaining up to 200 guests overlooking the Las Vegas Strip; SkyGarden, pool & Jacuzzi surrounded by a lush, classical garden; SkyPlaza, eclectic mix of retail & dining experiences; Indoor/Outdoor, fully equipped, state-of-the-art spa & fitness center; Private billiards room & bar; Indoor racquetball court.

Below is a link to some of the best currently available SKY LAS VEGAS properties including some short sale and Bank Owned properties.

Click here for a selection of Bank Owned & Short Sale Sky Las Vegas Properties

Click on the above link, and then at the bottom left side of the page, you can navigate through the different properties using the blue button.

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Thursday, January 1, 2009

E-Flyer For Our Clients

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