by Mesquite Realty on November 23, 2009
What if you could purchase your retirement home now, while prices are low using your IRA without penalty… well you can!
This option is not talked about often because most traditional IRA brokers make money on your money. When you take your money out to purchase a home, they have less of your money to manage.
A real estate IRA could work for you… if you are a few years from retirement and would like to purchase a home now, while prices are low. Then you could lease it out and the rental income would go back into your real estate IRA. Then in a few years you could work on selling your home and when that happened you would be already to move into your retirement home, and it would be all paid for.
Most people believe that you can not hold real estate in your IRA and this is not true. You can own condos, homes, commercial properties etc. along with your stocks and mutual funds. You may not buy or hold your your own residence in your IRA or any property that you use. It must be an investment. After you retire and are over 59½ years old you direct your IRA to turn the home over to you as a disbursment at current market value.
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by Mesquite Realty on November 20, 2009
There is a new $99 Stay and Play package being offered in Mesquite!
This Mesquite Nevada Vacation Package includes:
3 Days and 2 Nights Hotel Accommodations in Mesquite, NV for 2 adults. This is being offered by Sun City Mesquite by Del Webb.
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by Mesquite Realty on November 19, 2009
Shadow Ridge in Scenic Arizona – Model Homes Update
Here is an update on the progress on the first model home of Shadow Ridge in Scenic AZ. The homes here will start in the $130,000’s. There will be approximately 560 homes in this area. Water and sewer facilities for this community have already been built by the developer, as well as a new fire department built near Shadow Ridge.
The tile roof is on and the stucco siding is completed. The exterior landscape is scheduled to start sometime next week. The garage has been converted into an office area for interested parties to come and obtain information on buying a home in the subdivision There are some retaining walls being built in the back and side yards for privacy. The back patio will also be put in during the next week as well The front courtyard will also be completed in the next two weeks.
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by Mesquite Realty on November 18, 2009
This upper unit at the Falls Hillside Villas offers GREAT views of the Flat Top Mesas, city lights and mountains from the comfortable,front porch. This is a three bedroom, 2 full bathroom unit that is very clean. Upgraded carpet and flooring. The master bedroom has a walk-in closet and is large enough for a small love seat. The kitchen has all stainless appliances with a convection/conventional oven, reverse osmosis system, water softener and upgraded lighting in dining area. Coffered ceilings in living room and dining area make this Falls Condo in Mesquite such a great value.
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by Mesquite Realty on November 17, 2009
This weekend we drove over the Hoover Dam just outside of Las Vegas Nevada one of the seven wonders of the world to check on the progress of the by Hover Dam bypass highway that is being built over top of Hoover Dam. This is an incredible under taking that appears to rival the dam itself for ingenuity and engineering.
When you look at the pictures with this article notice the cables and pulley system over the top of the structure. This is how they bring in materials to the construction crews working on the structure. The bridge and by pass are scheduled to be completed sometime in 2010. The bridge itself is around 2000 feet long spanning the Colorado river. The is about 900 feet under the bridge. The bridge will cost $114,000,000.00 when completed and will surely be another wonder to behold.
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by Mesquite Realty on November 13, 2009
This beautiful Mesquite Nevada home is located in Highland Hills subdivision is a gated 55 year of age and older age restricted retirement community.
The home sits on a large .29 of an acre lot near the entry to the community and is very nicely landscaped with a combination of trees, shrubs and desert rock. This lot provides some stunning views of the mountains to the south and Flat Top Mesa to the west. To the north off the rear covered patio is a spacious walking park that is part of the home owners association common areas. The home owners association maintains the front and backyard which great for the absentee home owner.
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