Mar 22

In a recent article, CNNMoney.com listed Las Vegas, Nevada as 41.40% undervalued and they said that it was the most undervalued city in the United States at the moment. This statistic is particularly interesting in light of the article that they wrote in 2006 where they said that Las Vegas was 38% overvalued.

The criteria they used to judge a city’s value included median home prices, local interest rates, population densities and income, and historical premiums or discounts that the area has shown over time.

This is certainly good news for companies like Sightline Acquisition Corp. with Kirk Sanford and others who have their sights set on the Las Vegas real estate market.

Mar 12

With the recent economic downturns, those looking to buy a home can, very possibly, get a good deal. Many people have their sights set on purchasing a home from a foreclosure or from a short sale. But, is this really the best way to buy a home?

A short sale is a negotiated settlement between the bank lending the money and the seller, whereby the bank agrees to reduce the amount owed to payoff the home loan. It saves them from foreclosing on the home and it offers a potential buyer the chance to buy the home for a reduced price.

There are, however, a number of pitfalls with this process. A short sale can take a very long time to process, as the bank may take between 30 days and 6 months to approve of the short sale. Each bank has its own process, and it’s very important to make sure that you understand how the bank in question works and what the timeline will look like. You may want to involved a real estate lawyer, or someone in the know, in the process as well to streamline everything and make sure that your needs are met.

Mar 2
Distinct Wine Enjoyment
icon1 admin | icon2 Kirk Sanford, Napa Valley, Wine | icon4 03 2nd, 2010| icon3Comments Off

Some people have the pleasure of enjoying wines in a restaurant – others, however, have the unique privilege of making their own delicious varieties. Kirk Sanford, of Sightline Acquisition Corp., has this ability. His family enjoys producing their own wines through their vineyard, called Valley View Vineyards.

Situated on eight acres of ideal wine-growing land, the Valley View Vineyards offer the perfect location to produce top-notch wines. While they don’t choose to sell their wines, the Sanford Family enjoys their productions themselves, and offers them as gifts to friends and charities.