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Las Vegas Sun in Las Vegas, Nevada

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Articles on This Page

This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Las Vegas Sun

Location

Las Vegas, Nevada, United States of America

Date

May 12, 1968

Page

35

Lenders Push Income Participation in Mortgages Amid Rising Rates

James G. Houlihan of NAREB reported at the Drake Hotel that lenders increasingly seek equity participation in income property loans, using it as a partnership to offset inflation and higher yields. He noted competition from other markets and borrower resistance to new construction. Data from 115 Realtors showed mortgage funds available for prime properties remained ample to moderate, with rates rising to just over 7 percent and higher discount points common across regions.

James G. Houlihan Bronx N.Y Houlihan National Association of Real Estate Boards Drake Hotel NAREB Department of Research Federal Reserve Board

New Home Title Protection and Buyer Guidance

The article stresses that title to real estate must be marketable and free of encumbrances. It outlines how zoning, taxes, and assessments affect use and value, and urges thorough lawyer guidance, title searches, and possibly title insurance to protect buyers. It notes varied methods to prove marketable title and the continued importance of legal advice.

Jothers

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