Highest Card Wins

In classic Nevada form, the Clerk/Treasurer seat of rural Eureka County, will be decided by a draw of cards. The incumbent Jackie Berg had a six chip lead after the count on November 2nd. Challenger, Carrie Wright, went all in by asking for a recount. The result… three chips were awarded to the challenger creating a tie and a Nevada election card draw for whole pot.  Think I’m kidding? Read the law for yourself, NRS 293.400:

“1.  If, after the completion of the canvass of the returns of any election, two or more persons receive an equal number of votes, which is sufficient for the election of one or more but fewer than all of them to the office, the person or persons elected must be determined as follows:….

(c) For any office of a county, township, incorporated city, city organized under a special charter where the charter is silent as to determination of a tie vote, or district which is wholly located within one county, the county clerk shall summon the candidates who have received the tie votes to appear before the county clerk at a time and place designated by the county clerk and determine the tie by lot. If the tie vote is for the office of county clerk, the board of county commissioners shall perform these duties.”

The best part is that the law is being used to its fullest extent. Not only is there a tie for office but it is with the county clerk who is supposed to holding the draw. Per law, the county commissioners will now be in charge of the deck. The final hand will dealt on Friday the 19th and I will be rooting for double aces.

As crazy as this is, we native Nevadans wouldn’t have it any other way.

 

*The term “votes” was replaced with “chip(s)” in order to keep the post relevant to Nevadans. *

Requiring Energy Audits In Order to Close?

That right. The Nevada Energy Commissioner is proposing more legislation to require an energy audit for the transfer of real property, in R148-10. The original proposal, which takes effect on January 1, 2011 would only require the seller to provide a 12 month average of the utility bill. The new proposal expounds to include the bulleted points below.

  • Consumption of electricity for the proceeding 12 months (if occupied)
  • Consumption of natural gas/oil/propane for the proceeding 12 months (if occupied)
  • Consumption of any other heating or AC source from the proceeding 12 months (if occupied)
  • Statement indicating any improvements over a 5 year period
  • Statement indicating any reduction of energy consumption due to improvements
  • Statement showing estimated age of major appliances and if they are Energy Star
  • Statement of estimated age and efficiency of heating system or AC unit
  • Statement indicating if the unit is on a net metering system and general attributes of the system
  • Statement indicating whether there is insulation, type of installation, efficiency rating
  • Statement showing any design feature that improve efficiency

 

In the abridged version above I count 10 new contingencies that will affect the sale of property. Contingencies that will need to be provided by the seller and approved by the buyer. Now in our current market the majority of homes are distressed, either REO or short sale. How would legislation like this help our market and economy? All I can forsee if longer escrows, more properties falling out of escrow due to buyer’s not liking the “inefficient” home they fell in love with, or lawsuit after lawsuit because the short sale homeowner couldn’t afford to have a licensed professional take care of the statement information.

Do any other active rain states have this type of legislation?

If so, how do they deal with occupied rental properties where the utilities are in the tenants name?

 

 

 

Reno Homes for Sale- 3871 Warren Way Reno, NV

Welcome back to our video tours. Today’s property is 3871 Warren Way. This bank owned property is located in a small gated community in Southwest Reno. It’s located within 2 miles of Huffaker Elementary, Washoe Golf Course, Lakeridge Golf Course, and within minutes of downtown Reno.

This property boasts 3 bedrooms, 2.5 bathrooms, and 1420 sqft. of living area. There is also a bonus room/office located on the main floor. While the bank owned title makes people thing of destroyed kitchens and carpets, this home is turn key ready for the most particular buyers.

Watch the video below to see more.

My First Real Estate Video

After watching the TBWS guys, Brian and Frank, for the past few months I’ve realized that my marketing efforts need a boost. With 1080hd flip camera, tripod, and lockbox key in hand I set out to make my first property video. Being from the internet/tech savvy generation, I felt this process would be quick and easy. Little did I know there is a whole lot more involved than hitting the record button. The aftermath is below.

 

 

 

 

 

In order to keep this post short I’ll give a quick overview of the good and the bad.

Bad

  • Shaky camera work
  • Poor lighting and audio
  • Lack of wide angle lens
  • Amateur acting

Good

  • The “record” button works

 

Though the video has its shortcomings it hasn’t detracted from my plan to reach buyers and sellers in ways that can be engaging and entertaining. What experiences have you had making videos?