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Sunday, February 25, 2007

Las Vegas Deals Update

Entertainment



Cannery casino N. Las Vegas

Celebrating its 4th anniversary with a casino-wide party on Tuesday, Feb 20, from 4 pm to 8 pm Free cake and champagne will be served, the casino staff will be handing out anniversary t-shirts at machines and tables.

Book Early for Summer at Excalibur Las Vegas

Offer includes $20 in casino match play and a $20 dining credit.

Promotions:
May 1, 2007 - Aug 31, 2007

Expires Feb 28, 2007


Tropicana shows 2 for 1
2 for 1 or $2.00 off shows


Treasure Island
•$20 Spa Treatment Credit •$20 Casino FREE PLAY •$15 Food & Beverage Credit •$10 Mystere Discount •2-for-1 Cocktails at Kahunaville

Sign-Up Promotion Stratosphere Daily

New member players club sign-up promotion. Play quarter slots or video poker for a few hours, get a value-escalating (and cumulative) assortment of goodies, including $100 in bounce-back cash.

Concerts, Club 3121 @ Rio Wed. nights free-$31.21

locals free, the price for the level of entertainment presented a great deal!

Mac King Harrah's Tues-Sat $7.99-$21.95

Comedy Magic afternoon show. get a voucher from the coupon booth in the Carnaval Court outside, available around show time, then go up to the third floor showroom. pay a total of $18.76 for two, includes a drink. You get 70 minutes of good laughs, tricks, even a few shock.

Sunday, February 18, 2007

Vegas Blog, born on Valentine's day

Everyone knows Vegas is the wedding capitol of the world, so romantic! especially on Valentine's Day, when thousands of marriage-minded people take the plunge at one of the city's chapels.

In this romantic city! on valentines day 2007 the idea if my blog was born, I started to spend a lots of time working on it. At the same week, had a visitor from Germany by the name of Valentina! oh yeah. As I start writing this paragraph & drink my hot cup of Lipton tea in the cold Vegas night with some V day chocolates, this blog idea really kicked in my head and so, that's how it all began.....

On to my blog now, people always ask, how is the Vegas market? so, one of the way I gage the market is to look at the number of homes on the market, I decided to publish that on monthly bases, by creating this graph, it will be easy to see the trend, tell whether we are in a buyers or sellers market, this will also tell the supply and demand, which determines whether prices are will likely to go up, side ways or down, relatively speaking of course, there are other market forces such as interest rate and local economy that effect directly the real estate market.

Friday, February 16, 2007

Understand loan type

Loan program

A good loan for borrowers who:

Loan description

30 YEAR
FIXED RATE

- plan to live in home more than 10 years

- like total payment stability

  • Interest rate & monthly payment will be the same for 30 years

10/1 YEAR
ADJUSTABLE RATE

- plan to live in property more than 10 years

- like initial payment stability, can accept later changes, OR

- plan to move in 10 years

- want loan to remain in force in case plans change

  • Interest rate & monthly payment remain
    the same for 10 years
  • Starting the 11th year, interest rate adjusted every year, payment is subject to change every year after first adjustment.

7/23

(2-Step)
or '30 due

in 7'

- plan to live in property more than 10 years

- can tolerate one payment adjustment OR

- plan to move within 7 years

- want to remain in force in case plans change

  • Interest rate & monthly payment remain the same for 7 years
  • Conversion option:On the 8th year, rate adjusted to reflect prevailing rates, payment will remain same remainder of loan

7/1 YEAR
ADJUSTABLE RATE

- plan to live in property more than 7 years

- like initial payment stability, can accept later changes, OR

- plan to move within 7 years

- want loan to remain in force in case plans change

  • Interest rate & monthly payment remain the same for 7 years
  • Starting the 8th year, interest rate adjusted every year, so payment is subject to change every year for remainder of the loan

7 YEAR
BALLOON

- plan to live in property more than 7 years

- are willing to refinance at prevailing market rates, OR

- plan to move within 7 years

- like payment stability

  • Interest rate & monthly payment remain the same for 7 years
  • At the end of 7 years, loan is due in full. Borrower must refinance into new loan at prevailing interest rates

5/25

(2-Step)
or '30 due

in 5'

- plan to live in property more than 5 years

- can tolerate one payment adjustment, OR

- plan to move within 5 years

- want loan to remain in force in case of plans change

  • Interest rate & monthly payment remain the same for 5 years
  • Conversion option: On the 6th year, interest rate adjusted to reflect prevailing interest rates, resulting payment will remain the same for remainder of loan

5/5 & 5/1 YEAR
ADJUSTABLE RATE

- plan to live in property more than 5 years

- like initial payment stability, can accept later changes , OR

- plan to move within 5 years

- want loan to remain in force in case plans change

  • Interest rate & monthly payment remain the same for 5 years
  • Starting the 6th year, interest rate adjusted every 5 years (for 5/5 ARM) and every year (for 5/1 ARM)

5 YEAR
BALLOON

- plan to live in property more than 5 years

- are willing to refinance at prevailing market rates, OR

- plan to move within 5 years

- like payment stability

  • Interest rate & monthly payment remain the same for 5 years
  • At the end of 5 years, loan is due in full. Borrower must refinance into new loan at prevailing interest rates

3/3 & 3/1 YEAR
ADJUSTABLE RATE

- plan to live in property more than 3 years

- like initial payment stability, can accept later changes, OR

- plan to move within 3 years

- want loan to remain in force in case plans change

  • Interest rate & monthly payment remain the same for 3 years
  • Starting 4th year, interest rate adjusted every 3 years (for 3/3 ARM) and every year (for 3/1 ARM)

1 YEAR
ADJUSTABLE RATE

- want to take advantage of lowest rate possible

- are willing to accept yearly payment changes, OR

- cannot qualify at higher rate programs

  • Interest rate adjusted every year, so monthly payment is subject to change every year for entire 30 year loan term
Source: latimes.com