Good news for Las Vegas short sale home and condo buyers and sellers
Las Vegas short sale home and condo buyers and sellers along with their Realtors can sleep easy tonight since the US senate passed a 90 day extension of the tax credit for short sale deals that have opened escrow by May 31, 2010. Although this bill covers regular sales and foreclosure sales, short sale buyers and sellers are the main beneficiaries due to delays in closing short sale deals. I published a blog post about Horror Stories about closing short sale deals in Las Vegas before tax credit runs out and wrote that an extension may be coming. Well it is here and I hope that it will help a significant number of Las Vegas short sale buyers and sellers who can close their deal by the new deadline, however I don’t think so.
You have to understand that these deals still have to clear short sale hurdles and get approved by the banks and many will not, as buying a short sale or getting approval to sell one is still full of uncertainties and has not been effectively regulated and I don’t think it will ever be. I guess we will find out what percentage of these deals will be close and it will be way under 50%.
Google Rankings for:
About Las Vegas Trustee Sale Auction and Las Vegas shadow home inventory Part-3 of 3
The reason for the rise in my blogging activity is that I am making another run at the search engine ranking now that I am coming back to life a bit. Losing my father after a long illness and my own injuries acting up in the last 9 months has kicked the tar out of me. It reflects in my lack of blogging activity and a great drop in Google ranking. All I did was taking care of our clients. You can’t pretty much drop off the face of the earth and win search engine wars. Any ways check this out:
Google ranking for Las Vegas Trustee Sale Auction, 4 links first page
Google ranking for Las Vegas home inventory, 2 links first page
I am doing pretty well in all types of Las Vegas commercial property searches but have a long way to go in Las Vegas homes and condos searches. But watch out in a couple of months.
Social networking: Las Vegas homes, condos and commercial real estate page on Facebook
Las vegas news » US Senate passed the 90 day extension of tax credits for Las Vegas … // Jun 17, 2010 at 10:25 pm
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