Las Vegas homes or condos sellers pay no attention to the offer amount, they only look at the NET highest offer Some Las Vegas homes or condo buyers are NOT aware of the fact that a home or condominium seller only looks at the offers in terms of NET gain and pay no attention to [...]
Entries Tagged as 'Las Vegas condos'
Las Vegas homes and condos sellers only look at the NET highest offer
August 25th, 2010 · No Comments · Investing in Las Vegas real estate, Las Vegas condos, Las Vegas homes
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Las Vegas short sale homes for sale with Wachovia Bank mortgage
August 24th, 2010 · 3 Comments · Las Vegas condos, Las Vegas homes
I attended a seminar about selling short sale homes in Las Vegas that have a mortgage with Wachovia Bank. The speaker was the loss mitigation specialist (asset manager) who is in charge of the bank’s assets in Las Vegas. He seemed to be genuinely interested in getting short sales sold before foreclosing on the property. [...]
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25,000-35,000 Las Vegas shadow inventory homes, BULLSHIT, it is 6,500
July 30th, 2010 · 2 Comments · Investing in Las Vegas real estate, Las Vegas Real Estate, Las Vegas condos, Las Vegas high-rise condos, Las Vegas homes
The number of Las Vegas Shadow inventory homes or unsold bank owned home inventory in Las Vegas is NOT 25,000-35,000; it is 6,500 foreclosure homes that will have little effect on Las Vegas residential real estate market The 25,000-35,000 unsold foreclosure or Bank Owned homes in Las Vegas that banks are holding back from the [...]
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Wish Funds for Las Vegas, Nevada first time home buyers is available now
July 29th, 2010 · No Comments · Las Vegas condos, Las Vegas homes
Wish Fund is out of money for Nevada first time home buyers Our buddies at Neighborhood Housing Services of Southern Nevada have located other sources of funding for Wish Funds that is administered by the Nevada, HUD. Wish Fund is the 3 to 1 matching down payment program for Nevada first time home buyers. I [...]
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Wish Fund is out of money for Nevada first time home buyers
July 28th, 2010 · No Comments · Las Vegas condos, Las Vegas homes
Wish Fund provide Las Vegas, Henderson and North Las Vegas first time home buyers with three dollars for every dollar saved by the first time home buyer for down payment for a home or condominium. I received an e-mail from the charismatic Michelle Villero, home ownership director for Neighborhood Housing Services of Southern Nevada that [...]
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Las Vegas home and condo deals failing due to tax returns
July 21st, 2010 · No Comments · Las Vegas condos, Las Vegas homes
Las Vegas homes and condo deals are biting the dust due to tax returns not matching the information on a loan application and Las Vegas Realtors as well as home or condo buyers are suffering. Sellers suffer even more. While Las Vegas home or condominium sellers no longer accept an offer that is not accompanied [...]
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Incompetent mortgage officers complicate Las Vegas home deal
June 26th, 2010 · 1 Comment · Las Vegas condos, Las Vegas homes
Las Vegas real estate buyer’s chance of success or failure is heavily influenced by their choice of a Las Vegas Realtor and equally by their choice of a mortgage officer. Here is where home or condo buyers have to do their due diligence, find a good real estate agent and loan officer and then stand [...]
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Invest in Fannie Mae Las Vegas foreclosures, 10% down, no appraisal or PMI
June 24th, 2010 · 2 Comments · Investing in Las Vegas real estate, Las Vegas condos, Las Vegas high-rise condos, Las Vegas homes
Those who want to invest in bank owned Las Vegas homes or condos can buy Fannie Mae foreclosed (bank owned) homes and condos for 10% down, no PMI or appraisal Financing is the major obstacle for real estate investors who want to invest in Las Vegas real estate and can’t pay in cash. Depending on [...]
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Generating cash flow from owner occupied Las Vegas condos or homes
June 23rd, 2010 · 1 Comment · Las Vegas condos, Las Vegas homes
Buying foreclosed fourplex or duplex condos in Las Vegas for cash flow So far I have explained HomePath financing that Fannie Mae allows for their foreclosed homes, condos and high rise condominiums for owner occupied home and condo buyers, but this is not all you can do. The best way for an owner occupied Las [...]
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HomePath financing to buy Fannie Mae foreclosed homes or condos in Las Vegas
June 22nd, 2010 · 1 Comment · Investing in Las Vegas real estate, Las Vegas condos, Las Vegas homes
HomePath financing that Fannie May allows for their foreclosed homes, condos and high rise condominiums is about the only way to finance a resale condominium or high rise condo in Las Vegas, with few exceptions. I have nothing to do with obtaining a mortgage except referring customers to a lender upon request, but I need [...]
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US Senate passed the 90 day extension of tax credits for Las Vegas short sale home and condo buyers
June 17th, 2010 · 1 Comment · Las Vegas Real Estate, Las Vegas condos, Las Vegas homes
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, [...]
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Horror Stories about closing short sale deals in Las Vegas before tax credit runs out
June 9th, 2010 · No Comments · Las Vegas Real Estate, Las Vegas condos, Las Vegas homes
First, the definition of short sale homes and condos: The home or condominium is worth less than the mortgage loan which the seller owes on the property. The bank agrees to sell the property for below the loan value, the seller agrees to end up with nothing upon the sale of the property. The bank [...]
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How NOT to price Las Vegas homes, condominiums and commercial real estate for sale Part Two
May 31st, 2010 · No Comments · Investing in Las Vegas real estate, Las Vegas Commercial Real Estate, Las Vegas Real Estate, Las Vegas condos, Las Vegas homes
How NOT to price Las Vegas homes, condominiums and commercial real estate for sale Part One The most important duty of a Las Vegas Realtor or real estate agent is to put a correct selling price on the Las Vegas real estate for sale. If the property is priced too low, the market will correct [...]
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How NOT to price Las Vegas homes, condominiums and commercial real estate for sale Part One
May 28th, 2010 · No Comments · Las Vegas Real Estate, Las Vegas condos, Las Vegas homes
Disconnect between Las Vegas homes, condominiums and commercial properties from REALITY There is a disconnect between the asking prices for Las Vegas homes, condominiums, land and commercial properties for sale and sold Comps, which is our current reality. Much of Las Vegas real estate is divided into master planned communities, such as Summerlin, Anthem, Aliante, [...]
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Las Vegas real estate, Las Vegas homes, condos and townhomes market report
May 26th, 2010 · 1 Comment · Investing in Las Vegas real estate, Las Vegas Real Estate, Las Vegas condos, Las Vegas homes
Since January 1, 2010, 15968 homes, townhomes and condominiums have sold through Las Vegas MLS, of these 7933 have been foreclosures or bank owned residential properties. I am excluding mobile homes which I don’t know much about. These numbers do not include other Clark County cities like Mesquite, Overton or Laughlin. On the other [...]
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