9987 Amethyst Hills St by mwidman-wfgnationaltitle

DETAILS

PROPERTY ADDRESS

9987 AMETHYST HILLS ST LAS VEGAS, NV 89148

OWNER INFORMATION

OWNER NAME: Jennifer Townsend

VESTING:

MAILING ADDRESS: 9987 Amethyst Hills St Las Vegas NV 89148

OWNER STATUS: Owner occupied

LOCATION DESCRIPTION

COUNTY: Clark

CENSUS / BLOCK: 005852 / 2019

TSP - RNG - SEC: 22S - 60E - 06

LOT / BLOCK: 397 /

HOUSING TRACT: Regency - Unit 6

ALT PARCEL #: 17606217104

SCHOOL DISTRICT: Clark County

MUNICIPALITY: Spring Valley PARCEL #: 176-06-217-104

LAST MARKET SALE

DATE: 02/25/2022

PRIOR SALE

DATE:

SALE PRICE: $802,760 SALE PRICE:

DOCUMENT #: 20220225:00611

Bargain and Sale

$362.58

PROPERTY DETAILS

PROPERTY ADDRESS

9987 AMETHYST HILLS ST LAS VEGAS, NV 89148

PROPERTY CHARACTERISTICS

GROSS AREA: 2,214

LIVING AREA: ABOVE GRADE:

BEDROOMS: 2

BATHROOMS (F/H): 2 / 1

FIREPLACE: 0

YEAR BUILT: 2021

PARKING TYPE: Attached Garage - Tile R

UNITS: 1

BASEMENT:

GARAGE AREA: 472

ROOF SHAPE:

FOUNDATION: Concrete Slab

ROOF MATERIAL: Concrete Tile

CONSTRUCTIONS:

HEAT TYPE: Forced Air

COOLING TYPE:

EXTERIOR WALL: Frame-Stucco

ROOMS: 5

QUALITY:

INTERIOR WALL:

PORCH TYPE:

PATIO TYPE:

AIR COND: Y

FIXTURES:

FLOOR:

EQUIPMENT:

STORIES: 1

POOL: Y

CONDITION:

PROPERTY INFORMATION

LAND USE: Single Family Residential

ZONING: Rural Estates Residential Distr

COUNTY USE: LOT ACRES: 0.1432

STATE USE: LOT SQ FT: 6,238

LEN / WID:

TAXES AND ASSESSMENT INFORMATION

ASSD YEAR: 2025

ASSD VALUE: $334,531

TAXABLE VAL:

TAX YEAR: 2025

LAND VALUE: $189,000

MKT VALUE: $955,803

TAX AREA: 417

IMP VALUE: $755,231

EXEMPTIONS:

PROPERTY TAX: $9,658.08

IMPROVED %: 79

DISTRICT:

AREA HISTORY

AREA MAPS

ASSESSOR MAP

STREET

AERIAL MAP

CITY BOUNDARY MAP

LOCAL SCHOOLS

SCHOOLS

Clark County School District

ELEMENTARY SCHOOLS

NAME: Berkley Shelley Es

ADDRESS: 9850 Copper Edge Rd

CHARTER SCHOOL: No

MAGNET SCHOOL: No

CITY, STATE, ZIP: Las Vegas, NV 89148 AREA DESCRIPTION: 21-Suburb: Large

PHONE: (702)799-2525 DISTANCE: 0.34 mile(s)

GRADES: Prekindergarten - 5th Grade

NAME: Tanaka Wayne N Es

ADDRESS: 9135 W Maule Ave

TITLE ONE: 1-Yes

CHARTER SCHOOL: No

MAGNET SCHOOL: No

CITY, STATE, ZIP: Las Vegas, NV 89148 AREA DESCRIPTION: 21-Suburb: Large

PHONE: (702)799-2504

1.08 mile(s)

GRADES: Prekindergarten - 5th Grade TITLE ONE: 1-Yes

MIDDLE SCHOOLS

NAME: Faiss Wilbur & Theresa Ms

ADDRESS: 9525 W Maule Ave

CITY, STATE, ZIP: Las Vegas, NV 89148

CHARTER SCHOOL: No

MAGNET SCHOOL: No

AREA DESCRIPTION: 21-Suburb: Large

PHONE: (702)799-6850 DISTANCE: 0.58 mile(s)

GRADES: 6th Grade - 8th Grade

NAME: Bishop Gorman High School

ADDRESS: 5959 S Hualapai Way

CITY, STATE, ZIP: Las Vegas, NV 89148

TITLE ONE: 1-Yes

CHARTER SCHOOL:

SCHOOL:

DESCRIPTION: 41-Rural: Fringe

PHONE: DISTANCE: 1.15 mile(s)

GRADES: 9th grade - 12th grade

HIGH SCHOOLS

TITLE ONE:

NAME: Sierra Vista Hs

ADDRESS: 8100 W Robindale Rd

CITY, STATE, ZIP: Las Vegas, NV 89113

PHONE: (702)799-6820

GRADES: 9th Grade - 12th Grade

NAME: Nevada State High School Southwest

ADDRESS: 7885 West Sunset Road Suite 170

CHARTER SCHOOL: No

MAGNET SCHOOL: No

DESCRIPTION: 21-Suburb: Large

2.59 mile(s)

ONE: 1-Yes

CHARTER SCHOOL: Yes

MAGNET SCHOOL: No

CITY, STATE, ZIP: Las Vegas, NV 89113 AREA DESCRIPTION: 21-Suburb: Large

PHONE: (702)953-2600 DISTANCE: 2.67 mile(s)

GRADES: 11th Grade - 12th Grade

ONE: 1-Yes

SCHOOLS

SCHOOL DISTRICTS

CLARK COUNTY SCHOOL DISTRICT

www.ccsd.net

Established in 1956, Clark County School District is the fifth largest school district in the country, educating almost 75 percent of all students in Nevada with more than 320,000 enrolled in Kindergarten through 12th grade. The district encompasses 357 schools and approximately 8,000 square miles in southern Nevada and is a minority-majority-student district.

Age Requirements

Children must meet the following minimum age and entrance requirements on or before September 30, 2015, to be admitted to kindergarten, first, or second grade. (Nevada Revised Statutes - NRS 392.040)

Kindergarten students must have attained the age of 5 years old by Sept. 30 to attend kindergarten.

First-grade students must have attained the age of 6 years old and demonstrate proof of completing kindergarten at a public, state-licensed private, state-exempt private, or approved home school program.

Demonstrate proof of completing kindergarten and promotion to first grade while being a resident of another state in compliance with the age and entrance requirements of that state. Proof must be verified through a report card issued by the last out-of-state public or private kindergarten.

Second-grade students must have attained the age of 7 years old and demonstrate proof of completing kindergarten and first grade at a public, state-licensed private, state exempt private, or approved home school program.

Children who have attained the age of 6 and who do not meet the entrance requirements will be placed in kindergarten.

Children who have attained the age of 7 who do not meet the entrance requirements will be assessed to determine if the student is developmentally ready for first or second grade.

Proof of Address - One form of proof of address is required. A recent utility bill (telephone and cable bills are not acceptable), current mortgage statement, rental receipt, residential lease agreement, or sales contract are acceptable forms of proof of address.

Parent/Guardian Personal Identification - A driver’s license, picture identification, and/or passport are acceptable forms of personal identification. Permanent and temporary guardians should be prepared to provide proof of guardianship at the time of registration.

Proof of Child’s Identity - An original birth certificate, passport, or certified birth card issued by a health district are acceptable documents for proof of child’s identity.

NEVADA SCHOOL REPORT CARDS

This website will allow you to review school ratings for any district in Nevada.

www.nevadareportcard.nv.gov/di/

SCHOOLS

COMMUNITY COLLEGES & UNIVERSITIES

LAS VEGAS

University of Nevada, Las Vegas

702.774.8658

Desert Research Institute

702.862.5400

Wongu University of Oriental Medicine and Acupuncture

702.463.2122

Euphoria Institute of Beauty Arts & Sciences

702.341.8111

Brightwood College

702.368.2338

Le Cordon Blue College of Culinary Arts

702.365.7690

UNIVERSITY OF NEVADA LAS VEGAS

HENDERSON

College of Southern Nevada

702.651.3000

Nevada State College

702.992.2000

National University

702.531.7800

Touro University Nevada

702.777.8687

Roseman University of Health Sciences

702.990.4433

DeVry University

702.933.9700

International Academy of Design and Technology

877.863.4111

HENDERSON CONTINUED...

ITT Technical Institute

702.558.5404

Everest College

702.567.1920

The Art Institute of Las

702.369.9944

Since our first classes were held on campus in 1957, UNLV has transformed itself from a small branch college into a thriving urban research institution. Along the way, our urban university has become an indispensable resource in one of the country's fastest-growing and most enterprising cities. UNLV’s diverse faculty, students, staff, and alumni promote community well-being and individual achievement through education, research, scholarship, creative activities, and clinical services. We stimulate economic development and diversification, foster a climate of innovation, promote health, and enrich the cultural vitality of the communities that we serve.

We will evaluate our success as a leading research university by our progress on these key measures:

Impact of our research, scholarship, and creative activities.

Student achievement of learning outcomes.

Placement into preferred employment or post-graduate educational opportunities. Student, faculty, and staff diversity, including maintaining UNLV’s Minority Serving Institution (MSI) status and Hispanic Serving Institution (HSI) status.

Intellectual activity, patents, and entrepreneurial activity fostered by UNLV. Quality and impact of our clinical services.

Alignment of our physical infrastructure and organizational effectiveness with our Top Tier mission. A deeper engagement of UNLV with Las Vegas and our region to ensure ongoing alignment with our diverse community’s needs and interests.

644,883 $70,723 40 57.77% 42.23%

 Clark County

HOUSING

 55.7% of homes owner occupied

 44.3% of homes rented

POPULATION DENSITY

 4,222.5 inhabitants per sq. mile

 190,724 housing units at an average density of 1,683.3 per square mile

HISTORY

AGE DEMOGRAPHIC

 25.9% under age 18

 8.8% between ages 18 to 24

 32% between ages 25 to 44

 21.7% between ages 45 to 64

 11.6% above age 65

CITY QUICK FACTS

 25th most populous city in the US

 A top 3 destination in the US

 Incorporated in 1911

 2,001 feet elevation

 Highest Average Temperature 104.2

 Lowest Average Temperature 30

The area was named Las Vegas, which is Spanish for "the meadows", as it featured abundant wild grasses, as well as the desert spring waters needed by westward travelers. Las Vegas was founded as a city in 1905, when 110 acres of land adjacent to the Union Pacific Railroad tracks were auctioned in what would become the downtown area. In 1911, Las Vegas was incorporated as a city. 1931 was a pivotal year for Las Vegas. At that time, Nevada legalized casino gambling and reduced residency requirements for divorce to six weeks. This year also witnessed the beginning of construction on nearby Hoover Dam. The influx of construction workers and their families helped Las Vegas avoid economic calamity during the Great Depression. The construction work was completed in 1935.

CLARK COUNTY BASE MAP

LOCAL BUSINESSES

Veterinary Care

LOCAL BUSINESSES

Shoe

5

UTILITIES & RESOURCES

LAS VEGAS UTILITIES

Emergency

Police/Medical/Fire

911

Poison Control (800) 222-1222 www.aapcc.org

United States Postal Service (800) 275-8777 www.usps.com

Cox (702) 383-4000 www.cox.com

CenturyLink (702) 244-8005 www.centurylink.com

Verizon (800) 483-4100 www.verizon.com

AT&T

(800) 288-2020 www.att.com

Sprint

702.209.0757

www.sprint.com

Dish Network (800) 318-0572 www.dish.com

DIRECT TV (800) 531-5000 www.directtv.com

Las Vegas Review (702) 383-0400 www.lvrj.com

Las Vegas Monorail (702) 699-8200 www.lvmonorail.com

Southwest Gas (877) 860-6020 www.swgas.com

Nevada Energy (702) 367-5555 www.nvenergy.com

Las Vegas Valley Water District 800.252.2011 www.lvvwd.com

Las Vegas City Sewer Department 702.229.6227 www.lasvegasnevada.gov

Republic Services (702) 735-5151 www.republicservices.com

Clark County School District (702) 799-2273 www.ccsd.net

CHANGE OF ADDRESS

USPS

Below is the website if you would like to change your address online or you can visit your local post office, they will provide you with the change of address packet. https://moversguide.usps.com

Benefits you will receive when you change your address online are:

Exclusive mover savings coupons

Safe and secure with identity verification by a simple $1.00 charge to your credit or debit card

Email confirmation at the end of registration of your change of address

* Must have valid email address and credit card to register online.

AUTO REGISTRATION AND DRIVER LICENSING

Below is the website if you would like to change your address online or you can visit your local DMV office.

Nevada Department of Motor Vehicles

DMV Services

General DMV Information Contact: (775) 684-4830

www.dmv.nv.gov/addchange.htm

Las Vegas Area Offices (702) 486-4368

Henderson

Las Vegas - West Flamingo

Las Vegas - North Decatur

Las Vegas - East Sahara

VOTERS REGISTRTION

Below is the website if you would like to register online or you can fill out the paperwork provided and mail it back to your County Elections Office listed below.

www.nvsos.gov/sosvoterservices/Registration/Step0.aspx

County Elections Office Contacts

Clark County

965 Trade Drive, Suite A, North Las Vegas, NV 89030 P.O. Box 3909, Las Vegas, NV 89127 (702) 455.8683

MOVING CHECKLIST

UTILITIES

Electric

NW Natural Gas

Water District

Sewer District

Garbage Provider

Cable/Satellite

Fuel (Propane)

Phone Services

Internet

FINANCIAL

Banks and Credit Unions

Credit Card Companies (including department store credit cards)

Lenders

(Mortgage, Home Equity, Auto, Student Loans)

Insurance Companies

(Health, Renters, Auto, Home, Medical, Dental, Disability, Life)

Retirement

(Pension plans, 401K, Social Security, Veterans Affairs)

Investments (Investment Agencies and Brokers)

Online Bill Payer

Paypal

GOVERNMENT

US Post Office

Department of Motor Vehicles

(Obtain your driver’s license and change vehicle registration)

IRS

Passport Office

Veteran Affairs

Unemployment Office

(If you are currently receiving unemployment benefits)

HEALTH

Physician

Pharmacies

SERVICE PROVIDER

Childcare

Housecleaning Services

Delivery Services

Lawn Care Services

Veterinarian

Pool Service

MEMBERSHIPS

Health Clubs

Membership Clubs (AAA or similar)

Community Groups (PTA, Neighborhood Associations, Civic Clubs)

Children’s Extracurricular

Activities (Dance Classes, Music Lesson, Sports Clubs)

SUBSCRIPTIONS

Newspapers

Magazine (USPS will only forward 2 months)

Movie Subscriptions

Book or Music Clubs

OTHER

Friends and Family

Employers (typically notify the HR Department)

MOVING CHECKLIST

8 WEEK BEFORE YOU MOVE

Inventory Sheets: Create an inventory sheet of all your belongings which need to be moved Research Moving Options: You’ll need to decide if yours is a do-it-yourself move or if you’ll be using a moving company. Request Moving Quote: Solicit moving quotes from as many moving companies and movers as possible. There can be a large difference between rates and services within moving companies.

Discard Unnecessary Items: Moving is a great time for ridding yourself of unnecessary items. Have a yard sale or donate unnecessary items to charity.

Packing Material: Gather moving boxes and packing material for your move.

Contact Insurance Companies: You’ll need to contact your insurance agent to cancel/transfer your insurance policy.

1 1 Your USPS Office

1 WEEK BEFORE YOU MOVE

Your Change of Address: Change your address with the USPS, DMV, Financial Institutions, Utilities, Government Offices, Health Care Service Providers, Memberships, Subscriptions and Insurance Provisions.

Bank Accounts: Transfer or close bank accounts if changing banks. Make sure to have a money order for paying the moving company.

Service Automobiles: If automobiles are to be driven long distance, you’ll want to have them serviced so you have a trouble-free drive.

Cancel Services: Notify any remaining service providers (newspapers, lawn services, etc.) of your move.

Travel Items: Set aside all items you’ll need while traveling. Make sure these are not packed on the moving truck.. Contact Utility Companies: Set utility turnoff date, seek refunds and deposits and notify them of your new address.

4 WEEK BEFORE YOU MOVE

4 BEFO

Start Packin location

4

Start Packing: Begin packing all things destined for your new location.

Obtain You dentist and an records or m

Obtain Your Medical Records: Contact your doctor, physician, dentist and other medical specialists who may currently be retaining any of your family’s medical records. Obtain these records or make plans for them to be delivered to your new medical facilities if changing. Security is critical of personal records.

Note Food Inventory Levels: Check your cupboards, refrigerator and freezer. Use up as much of your perishable food as possible.

Small Engines: Service small engines for your move by extracting gas and oil from the machines. This will reduce that chance to catch fire during your move.

Protect Jewelry and Valuables: Transfer your jewelry and valuables to a safety deposit box; you don’t want them to be lost or stolen during your move.

Borrowed and Rented Items: Return items that you may have borrowed or rented. Collect items borrowed to others.

* DA

MOVING DAY

Plan Your the house

Someone

Plan Your Itinerary: Make plans to spend the entire day at the house or at least until the movers are on their way. Someone will need to be around to make decisions. Make plans for kids and pets to be at a sitters for the day.

Review the House: Once the house is empty, check the entire house (closets, attic, basement, etc.) to ensure no items are left or no home issues exist.

Double Check With Your Mover: Ensure the mover has the new property address and all of your most recent contact information, should they have any questions during your move.

Vacate Your Home: Make sure utilities are off, doors and windows are locked and notify your real estate agent you’ve vacated the property.

Questions To Ask: Where is the garage door opener? Where are the keys to the house, mailbox and other lockable area? Did you retrieve all keys from neighbors and friends?

MOVING RESOURCES

THE HOME DEPOT

(800) 466-3337 wwwomedepot.com

Lamb Blvd 1401 S Lamb Blvd, Las Vegas, NV 89104

Henderson 1030 W Sunset Rd, Henderson, NV 89014

Tropical Pkwy 7881 W Tropical Pkwy, Las Vegas, NV 89149

LOWES

(800) 466-3337 www.lowes.com

Pavilion Center 851 South Pavilion Center Drive Las Vegas, NV 89144

West Washington 7550 West Washington, Las Vegas, NV 89128

Charleston Blvd 2875 E. Charleston Boulevard, Las Vegas, NV 89104

DONATION FACILITIES

Goodwill (800) 741-0186 locator.goodwill.org

The Salvation Army (800) 958-7825 www.salvationarmyusa.org

MOVING TRUCK RENTALS

U-Haul (702) 914-6027 www.uhaul.com

Penske Truck Rental (702) 558-1918 www.pensketruckrental.com

STORAGE COMPANIES

Extra Space www.extraspace.com

Nellis Self Storage www.nellisselfstorage.com

Public Storage www.publicstorage.com

TRANSFER STATIONS

Garbage/Recycling Republic Services (702) 735-5151 www.republicservices.com 770 E Sahara Ave Las Vegas, NV 89104

Nevada State Recycle (702) 979-1280

www.nevadastaterecycle.com 1816 S Industrial Rd Las Vegas, NV 89102

AIRPORT

Harry Reid International Airport (702) 261-5211 www.harryreidairport.com

AUTO & DRIVER REGISTRATION

DMV (702) 486-4368 www.dmvnv.com

BUS SERVICE

Greyhound (800) 231-2222 www.greyhound.com

RTC (702) 228-7433 www.rtcsnv.com

CABLE / SATELLITE & INTERNET

Cox (702) 383-4000 www.cox.com

CenturyLink (702) 244-8005 www.centurylink.com

CITY CONTACTS

Henderson (702) 267-2323 www.cityofhendrson.com

Las Vegas (702) 229-6011 www.lasvegasnevada.org

North Las Vegas (702) 633-1000 www.cityofnorthlasvegas.com

COUNTY CONTACTS

Clark County (702) 455-0000 www.clarkcountynv.gov

RESOURCE GUIDE

EDUCATION

Clark County Public Schools (702)799-5000 www.ccsd.net

College of Southern Nevada (702)650-2276 www.csn.edu

University of Nevada (702)895-3011 www.univ.edu

ELECTRICITY

Nevada Energy (702)367-5555 (800)331-3103 www.nvenergy.com

Boulder City (702)293-9244 www.bcnv.org

GARBAGE

Republic Services (702)735-5151 www.republicservices.com

HOSPITALS

Valley Hospital Medical Center 702 388-4000 www.valleyhospital.net

Summerlin Hospital Medical Center 702 233-7000 www.summerlinhospital.com

Kindred Hospital Las Vegas 702 871-1418 www.kindredhealthcare.com

Sunrise Hospital & Medical Center 702 962-5000 www.sunrisehospital.com

HOSPITALS CONTINUED...

University Medical Center 702 383-2000 www.umcsn.com

Mountain View Hospital 702.255.5000 www.mountain-viewhospital.com

Desert Springs Hospital Medical Center 702.733.8800 www.deserthillshospital.com

North Vista Hospital 702.649.7711 www.northvistahospital.com

The Valley Health System 702.388.4888 www.valleyhealthsystemlv.com

HealthSouth Rehabilitation Hospital of Las Vegas 702.877.8898 www.healthsouthlasvegas.com

Mountain View Pediatrics 702.255.0500

VA Hospital Southern Nevada 702.636.6323

Dignity Health-St. Rose Dominican, Rose de Lima Campus 702.564.2622 www.dignityhealth.org

Medical Center 702.671.6800 www.medi-cal.ca.gov

Boulder City Hospital 702.293.4111 www.bchcares.org

VA Southeast Primary Care Clinic 702.791.9030 www.lasvegas.va.gov

St. Jude's Ranch for Children 702.294.7100 www.stjudesranch.org

wfgtitle.com/nevada

RESOURCE GUIDE

NATURAL GAS

Southwest Gas (877) 860-6020 www.swgas.com

NEWSPAPERS

Las Vegas Review: Journal (702) 383-0400 www.lvrj.com

RECREATION

Mt. Charleston Camping www.recreation.gov

Red Rock Camping www.redrockcanyonlv.org/redroc kcanyon/camping-at-red-rockcanyon/

Clark County Shooting Complex RV Campground www.clarkcountynv.gov/parks/Pa ges/ccsc-rvcampground.aspx

Nevada Department of Wildlife www.ndow.org/

SEWER

Las Vegas City Sewer Department 702.229.6227 www.lasvegasnevada.gov

SHOPPING

Fashion Show

702.369.8382 www.fashionshow.com

Meadows Mall

702.878.3331 www.meadowsmall.com

Trivoli Village

702.570.7400 www.tivolivillagelv.com

SHOPPING CONTINUED...

Las Vegas North Premium

702.474.7500 www.premiumoutlets.com

The Forum Shops at Caesars

702.893.4800 www.simon.com

The Boulevard Mall

702.735.7430 www.boulevardmall.com

The Grand Canal Shoppes 702.414.4500 www.grandcanalshoppes.com

Neonopolis 702.232.5539 www.neonpolislv.com

Wynn Esplanade 877.321.9966 www.wynnlasvegas.com

STATE PARKS

Old Las Vegas Mormon Fort State Historic Park

Spring Mountain Ranch State Park

Valley of Fire State Park

TELEPHONE SERVICE

Verizon (800) 483-4100 www.verizon.com

AT&T (800) 288-2020 www.att.com Sprint 702.209.0757 www.sprint.com

VOTER REGISTRATION

Clark County 702.455.8683 www.clarkcountynv.gov/vote

WATER

Las Vegas Valley water District 800.252.2011 www.lvvwd.com

ATTRACTIONS

The Strip - Las Vegas Blvd

Fremont Street Experience www.vegasexperience.com

High Roller Ferris Wheel Linq Promenade

Helicopter Tours

Skyline Helicopter Tours 702.382.8687 www.skylinehelicoptertours.com

Vegas Indoor Skydiving www.vegasindoorskydiving.com

Madame Tussaud’s www.madametussauds.com

Las Vegas Motor Speedway www.lvms.com

Las Vegas Natural History Museum www.lvnhm.org

Atomic Testing Museum 702.794.5161

Bonnie Springs Old Nevada 702.875.4191 Hoover Dam

US Highway 93, Boulder City, Nevada www.usbr.gov/lv/hooverdam wfgtitle.com/nevada

TITLE &ESCROW

CYBER SECURITY

Because of you… we obsess over cyber security!

Cyber fraud and email hacking are on the rise. Fraudsters may access individual email accounts and monitor the life of your transaction. At the time funds are due to the escrow, fraudsters intercept the information for wiring funds, and the fraudsters change the information without the knowledge of the sender or recipient, resulting in the funds being sent to an outside account and never credited to the intended party.

To protect and reduce your risk, WFG has implemented the following procedures for outgoing and incoming wires:

Outgoing Wire from WFG to seller or borrower for proceeds

In the escrow paperwork provided you will be asked to provide written instructions on how you want funds due you sent to you at the close of escrow. If you choose to have the funds sent via wire transfer, WFG will contact you by phone to confirm the wire information provided.

Incoming Wires from the buyer and/or lender to WFG bank account

For funds that are to be wired to WFG for your transaction, we will send specific wire instructions to the remitting person via an encrypted email. We recommend you reach out to your WFG contact to confirm the wire instructions prior to remittance.

We look forward to processing your escrow transaction for you. We know that this can be a stressful time and we are here to assist you in any way we can to make this a good experience.

http://national.wfgnationaltitle.com/2016/04/05/obsess-cyber-security/

TITLE INSURANCE Why it's important

The purchase of a home is likely going to be one of the most expensive and important purchases you will ever make. You and your mortgage lender want to make sure the property is indeed yours and that no individual or government entity has any right, lien, claim, or encumbrance to your property.

The title insurance company’s function is to make sure your rights and interests to the property are clear, that transfer of title takes place efficiently, and correctly, and your interests as a homebuyer are protected. Title insurance companies provide services to buyers, sellers, real estate developers and builders, mortgage lenders, and others who have an interest in the real estate transfer. Title companies issue two types of policies - “Owners Policy” (which covers the homebuyer) and “Lenders Policy” (which covers the bank, savings and loan, or other lending institution over the life of a loan). Both are issued at the time of purchase for a one-time premium.

The title company conducts an extensive search of public records to determine if anyone other than you has an interest in the property before issuing a policy. The search may be performed by title company personnel using either public records, or more likely, information gathered, reorganized, and indexed in the company’s title “plant”. With such a thorough examination of records, title problems can usually be found and cleared up prior to purchase of the property. Once a title policy is issued, if for some reason any claim, which is covered under your title policy, is ever filed against your property, the title company will pay the legal fees involved in defense of your rights as well as any covered loss arising from a valid claim. That protection, which is in effect as long as you or your heirs own the property, is yours for a one-time premium paid at the time of purchase.

The title company works to eliminate risks before they develop. This makes title insurance different from other types of insurance. Most forms of insurance assume risks by providing financial protection through a pooling of risks or losses arising from unforeseen events, like fire, theft, or accident. The purpose of title insurance, on the other hand, is to eliminate risks and prevent losses caused by defects in title that happened in the past. Risks are examined and mitigated before property changes hands. Eliminating risk has benefits to both of you, the home buyer, as well as the title company. It reduces the chance adverse claims might be raised, and by doing so reduces the number of claims that have to be defended or satisfied. This keeps costs down for the title company and your title premiums low. With title insurance you are assured that any valid claim against your property will be taken on by the title company, and that the odds of a claim being filed is slim.

WHAT IS ESCROW?

Understanding the Escrow Process

An escrow is an arrangement in which a neutral third party (the escrow agent) assembles and processes many of the components of a real estate transaction, records the transaction, and ultimately, disburses and distributes funds according to the buyers’, sellers’ and lenders’ instructions. Your transaction is typically closed by an Escrow Officer. People buying and selling real estate usually open an escrow for their protection and convenience. Both the buyer and seller rely on the escrow agent to carry out their written instructions relating to the transaction and to advise them if any of their instructions are not mutually consistent or cannot be carried out. If the instructions from all parties to an escrow are clearly drafted, the escrow officer can proceed on behalf of the buyer and seller without further consultation. This saves much time and facilitates the closing of the transaction.

TYPICAL ROLES IN THE CLOSING PROCESS

The Seller/Agent

Delivers Purchase Sale Agreement to the escrow agent.

Prepares s the paperwork necessary to close the transaction.

The Buyer/Agent

Deposits funds required to close with the escrow agent.

Approves the commitment for title insurance, or other items as called for by the Purchase Sale Agreement.

Executes the paperwork and loan documents necessary to close the transaction.

The Lender

Deposits loan documents to be executed by the buyer

Deposits the loan proceeds.

Directs the escrow agent of the conditions under which the loan funds may be used

The Escrow Agent

Clears Title

Obtains title insurance

Obtains payoffs and release documents for underlying loans on the property Receives funds from the buyer and/or lender. Prepares vesting document affidavit on seller’s behalf.

Prorates insurance, taxes, rents, etc.

Prepares a final statement (often referred to as the “HUD Statement” or ”Settlement Statement”) for each party, indicating amounts paid in conjunction with the closing of your transaction. Forwards deed to the county for recording. Once the proper documents have been recorded, the escrow agent will distribute funds to the proper parties.

In Summary

Escrow is the process that assembles and processes many of the components of a real estate transaction. The sale is officially closed when the new deed is recorded and funds are available to the seller, thus transferring ownership from the seller to the buyer. The escrow agent is a neutral third party acting on behalf of the buyer and seller.

WHAT IS TITLE?

About Title Insurance

Title is a bundle of rights in real property. Protecting purchasers and lenders against loss is accomplished by the issuance of a title insurance policy. Usually, during a purchase transaction, the lender requests a policy (commonly referred to as the Lender’s Policy) while the buyers receive their own policy (commonly referred to as an Owner's Policy).

In short, the policy states that if the status of the title to a parcel of real property is other than as represented, and if the insured (either the owner or lender) suffers a loss as a result of a title defect, the insurer will reimburse the insured for that loss and any related legal expenses, up to the face amount of the policy, subject to exceptions and exclusions contained in the policy.

Typically there are two policies issued. The Mortgagee’s Policy insures the lender for the amount of the loan. The Owner’s Policy insures the purchaser of the purchase price.

How is title insurance different from other types of insurance?

While the function of most other forms of insurance is risk assumption through the pooling of risks for losses arising out of unforeseen future events (such as sickness or accidents), the primary purpose of title insurance is to eliminate risks and prevent losses caused by defects in title arising out of events that have happened in the past. To achieve this goal, title insurers perform an extensive search and examination of the public records to determine whether there are any adverse claims (title defects) attached to the subject property. Said defects/claims are either eliminated prior to the issuance of a title policy

or their existence is excepted from coverage. Your policy is issued after the closing of your new home, for a one-time nominal fee, and is good for as long as you own the property.

What’s involved in a title search? A title search is actually made up of three separate searches:

Chain of Title – History of the ownership of the subject property

Tax Search – The tax search reveals the status of the taxes and assessments

Judgment and Name Search – Searches for judgment and liens against the owners’ and purchasers’ names

Once the three searches have been completed, the file is reviewed by an examiner who determines:

Whether or not the Chain of Title shows that the party selling the property has the right to do so. The status of taxes for the subject property. The Tax Search will also indicate the existence of any special assessments against the land and whether or not these assessments are current or past due.

Whether there are any unsatisfied judgments on the Judgment and Name Search against the previous owners, sellers, or and purchasers.

Rights established by judgment decrees, unpaid federal income taxes and mechanic liens all may be prior claims on the property, ahead of the buyer’s or lender’s rights. The title search will only uncover defects in title that are of public record, thus allowing the title company to work with the seller to clear up these issues and provide the new buyer with title insurance.

In Summary

After the searches have been examined, the title company will issue a commitment, stating the conditions under which it will insure title. The buyer, seller and the mortgage lender will proceed with the closing of the transaction after clearing up any defects in the title that have been uncovered by the search and examination.

WHO PAYS WHAT IN NEVADA

SELLER PAYS

BUYER PAYS

TYPICAL COSTS

Real Estate Commission

Document preparation fee for Deed

Payoff of all loans in the seller’s name (or existing loan balance if being assumed by Buyer)

Interest accrued to lender being paid off Statement Fees, Reconveyance Fees, and any prepayment penalties to Payoff Lender

Termite Inspection (according to contract)

Home Warranty (according to contract)

Any judgments, tax liens, etc. against the seller

Tax proration (for any taxes unpaid at time of transfer of title)

Any unpaid Homeowners’ Association dues

Recording charges to clear documents of record against seller

Any bonds or assessments (according to contract)

Any and all delinquent taxes

Notary Fees

Escrow Fee (one half)

Title Insurance Premium of Owner’s Policy

Personal Property vs. Real Property

TYPICAL COSTS

Title Insurance Premium for Lender’s Policy

Escrow Fee (one half)

Document preparation (if applicable)

Notary fees

Recording charges for all documents in Buyer’s name

Termite Inspection (according to contract)

Tax proration (from date of acquisition)

Homeowners’ Association transfer fee

HOA proration (from date of acquisition)

All new loan charges (except those required by lender for seller to pay)

Interest on new loan from date of funding to 30 days prior to first payment date

Assumption/Change of Record fees for takeover of existing loan (if applicable)

Beneficiary Statement Fee for assumption of existing loan (if applicable)

Inspection Fees (roofing, property inspection, geological)

Home Warranty (according to contract)

Fire Insurance Premium for first year

Any bonds or assessments (according to contract)

The distinction between personal property and real property can be the source of difficulties in a real estate transaction. A purchase contract is normally written to include all real property; that is, all aspects of the property that are fastened down or which are an integral part of the structure. For example, this would include light fixtures, drapery rods, attached mirrors, and trees and shrubs in the ground. It would not include potted plants, free-standing refrigerators, washer/dryer, microwave, bookcases, lamps, etc. If there is any uncertainty whether an item is included in the sale or not, it is best to be sure that the particular item is mentioned in the purchase agreement as being included or excluded.

TITLE VESTING Common ways to hold title to real property

SOLE OWNERSHIP

A man or woman who is not married. An unmarried man/woman. A man or woman, who having been married are legally divorced. A married man/woman, as his/her Sole and separate property: when a married man or woman wishes to acquire title as their sole and separate property, the spouse must consent and relinquish all right, title, and interest in the property by signing a disclaimer deed or other written agreement.

CO-OWNERSHIP

Community Property with Right of Survivorship

Under this form of property ownership, both spouses hold undivided shares of the whole. When one spouse dies, the surviving spouse gains ownership of the whole property without the need for probate, and both halves receive a new tax basis equal to the fair market values as of the date of death.

Community Property

Any property acquired during a valid marriage is presumed to be community property. Excluded is any property acquired by gift, bequest, devise, descent, or as the separate property of either.

Joint Tenancy

Joint and equal interests in land owned by two or more individuals created under a single instrument with right of survivorship.

Tenancy In Common

Under tenancy in common, the co-owners own undivided interests; but unlike joint tenancy, these interests need not be equal in quantity and may arise at different times. There is no right of survivorship; each tenant owns an interest, which on his or her death vests in his or her heirs or devisee.

Note: Nevada is a community property state and property that is acquired by a husband and wife is presumed to be community property unless legally specified otherwise. Title may be held by one spouse as “Sole and Separate,” if the married person acquires title as sole and separate, and his or her spouse executes a Disclaimer Deed to avoid the presumption of community property. Parties may choose to hold title in the name of an entity, e.g., a trust, corporation, or a limited liability company (general or limited). Each method of taking title has certain significant legal and tax consequences, therefore, you are encouraged to seek and obtain advice from an attorney or other qualified professional.

1 2 3

ARROYO CROSSING & COMMERCIAL

7450 Arroyo Crossing Parkway Suite 270

Las Vegas, NV 89113

702-777-8292

ATRIUM

2850 W. Horizon Ridge Parkway Henderson, NV 89052

702-789-7186

BOULDER

465 Nevada Way Suite 3 & 4

Boulder City, NV 89005

702-777-6025

HENDERSON 9041 S Pecos Road Suite 4200 Henderson, NV 89074 702-789-7201

SAHARA 9580 W Sahara Avenue Suite 120

Las Vegas NV 89117

702-728-5295

SUMMERLIN 1180 N Town Center Drive Suite 100

Las Vegas NV 89144

702-832-0583

ELKO 905 Railroad Street Suite 204 Elko, NV 89801 775-440-6377

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Market Segments

Slight Seller's Advantage

Each segment below represents approximately 25% of the market ordered by price.

Median List Price

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices. 7-Day

Segments

In the quartile market segments, we see prices in this zip code generally settled at a plateau, although Quartile 2 has been trending a bit downward in recent weeks. We’ll need to see a persistent shift in the Market Action Index before we see prices across the board move from these levels.

Price Per Square Foot

Despite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there's a portion of the market being priced at a premium. You can investigate this condition in the quartile details.

Inventory

Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

Market Action Index

Market Action Segments

Not surprisingly, all segments in this zip code are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the highend) will weaken before the rest of the market and signal a slowdown for the whole group.

Median Days on Market (DOM)

The properties have been on the market for an average of 79 days. Half of the listings have come newly on the market in the past 55 or so days. Watch the 90-day DOM trend for signals of a changing market.