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Torres Ramey

876 Ironwood, Mesquite NV 89027

11-10-09
Torres Ramey
876 Ironwood Dr Mesquite, NV
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This Fantastic home was built for entertaining. It has 3 levels with the master bedroom upstairs by itself. On the main floor is the Living room, Den, wet bar, kitchen/dining room, a half bath and the laundry room with it's own sink. Downstairs are two more bedrooms, one with its own bath, and the family room with another wet bar. The kitchen has granite tile counter-tops, two built in ovens; convection and conventional, and tons of beautiful Knotty Pine cabinets. The unbelievable golf course views from the living room and the two balconies are truly magnificent. The Master Bathroom has his and her sinks, jetted tub and huge walk in closet. The Master Bedroom has its own balcony with great views of local golf courses. The large Den has built in shelving and is located just off the Living room. The home is located in the Master plan community of the Mesquite Vistas, which includes the use of the pool, fitness center and club house. ERA Home Warranty is being offered. For more information on this home contact Torres Ramey at 702-371-2785.
MLS# 1109899
$357,900
3 Bed, 3.5 Bath
876 Ironwood Dr
Mesquite NV, 89027

ERA Brokers Consolidated

Torres Ramey
Torres Ramey
ERA Brokers Consolidated
702-371-2785
tramey@rconnects.com

Desert Falls International Sports Resort, Update #4, 10-27-09

10-29-09
Torres Ramey

Hello again everyone. The Mesquite Real Estate Association of which I am vice President of, met Tuesday with Bryan Dangerfield the Director of Economic Development for the City of Mesquite and Josh Olmsted one of the owners for the Desert Falls International Sports Resort. As I have told you in previous blogs, Desert Falls is really a huge complex and quite a large undertaking. Mr. Olmsted, who I believe is very serious about getting this project completed, went into to great detail on what the resort was going to be like.

There has been a lot of skepticism as to whether or not the DFISR would ever be started let alone completed. However, according to Olmsted they intend to break ground just after the first of the year and the goal is to be playing on the new softball fields in 2010. When asked about funding for the company, Olmsted said that the developers are working with a trust and that Phase one of the project is fully funded. The complex, in case you weren't aware, is of course going to have the different sports facilities but also dining, shopping and housing. It looks to be a fantastic resort and is being compared to Disney World type resort rather than another sports complex.

Will it ever happen? Well as you know the developers have put a down payment of $316,000, and I don't think they will want to loose that. However, we will have to wait and see. If they break ground after the first of the year I will feel a little better. It has been delayed as most construction projects do but I can tell your that Mr. Olmsted and others seemed to be very determined to complete the resort and also to make sure that it is engineered correctly from the beginning. Remember folks this is a 500 million dollar project to be built over 5 years. It's gong to take a while but with the increase of tourist and jobs I believe that it will be a great asset for a town.

Torres Ramey

Broker / Salesman

702-371-2785

E Mail: tramey@rconnects.com

550 W. Pioneer Blvd. Ste 100

Mesquite, Nv 89027

778 la Paz Ct, Mesquite Nevada

10-28-09
Torres Ramey
778 La Paz Ct Mesquite, NV
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Great Home in Villa La Paz. This beautiful 2 Bedroom with a Den home, has granite counter-tops, Wood Plantation Shutters, a large pantry and a very nice "walk in closet" in the Master Bedroom. There is a fantastic raised ceiling in the Living room with 2 ceiling fans and a huge picture window that give a lot of light to the home. There is a home owners association and a master plan association, which allows the owners to use the pool and club house facilities. This home is a "Short Sale" and all offers must be approved by the seller's lender. For more information on this home contact Torres Ramey at 702-371-2785
MLS# 1109870
$169,300
2 Bed, 2 Bath
778 La Paz Ct
Mesquite NV, 89027

ERA Brokers Consolidated

Torres Ramey
Torres Ramey
ERA Brokers Consolidated
702-346-7200
tramey@rconnects.com

Desert Falls International Sports Resort, Update #3

10-24-09
Torres Ramey

Just a quick entry to let everyone intereseted in the Desert Fall Sports Resort that is possibly coming to Mesquite, NV., I will be meeting with the Economic Development Director and the Owner of the Project on Tuesday the 27th or October. I will be sure to update you on the resort shortly after.

Torres Ramey

Broker / Salesman

702-371-2785

E Mail: tramey@rconnects.com

Short Sales - Revisited

10-19-09
Torres Ramey

Once again I find that we are getting a lot of questions about short sales. Most of these questions seem to be about time issues i. e. How long does it take to get an answer from the sellers bank? How long until the deal will be finally done? etc..

The truth lies somewhere between, "I have no idea," and "possibly before the next millennium." Some agents including myself have teamed up with different "Short Sale Processors" who seem to have better luck in getting the deal closed. Not necessarily faster, just in getting them approved. The main reason for this is their efficiency with the paperwork. Clients don't usually know this but the banks all require certain forms in an order that they want the file in. The problem is that all banks have different forms from each other and the order and how they get them delivered is a mystery for the ages! So the short sale processors usually have all of the main banks and some of the smaller ones figured out and their list grows daily thus making it easier and less time consuming for the agent and the banks.

There is unfortunately a bank out there who can take over nine months to get an approval and then are shocked when the buyer's appraisal comes in a lot lower than the original price. If that happens to you, most likely you will have to re-submit the new appraisal to the sellers lender and even possibly start the negotiation process over again. Wow! No one really knows how long these deals will take including the lenders. The investors sometimes take quite a while when you make it to that stage. It's really a shame that we can't clear these properties sooner, it would be better for all involved.

Why do a short sale then? Well, lenders say it's better on your credit report than a foreclosure but I have heard that they will still count against you just as much as a foreclosure so not sure how accurate that information is... The true fact is that if you intend to do a short sale, you better contact an attorney to find out what the consequences are in your state. The laws are different in each state and the sale could be the best thing or the worst thing for you. Whatever you decided to do have patience when you are buying or selling a short sale, as I wrote in one of my earlier blogs. "The only thing short about a short sale, is the money."

Torres Ramey

Broker / Salesman

702-371-2785

E Mail:tramey@rconnects.com

550 W. Pioneer Blvd. Ste. 100

Mesquite, NV 89027