Las Vegas Foreclosures, Bank-Owned Homes or Condos for Sale

Buying Las Vegas foreclosures for sale, watch this tutorial

Before the Great Recession, Las Vegas foreclosures for sale were few and did not sell at big discounts. That changed and our Valley became infamous for the high number of bank-owned homes or condos and high-rise condominiums listings selling at big discounts.

However, we are back to the good old days and the number of bank-owned listings in the MLS has been about 2% of total listings for a long time. As it comes to high-rise condominiums it has not gone past a handful.

The video below, buying Las Vegas foreclosures watch this tutorial, was recorded in 2015. In it, we talk about the low number of foreclosures which has greatly shrunk since then.

We also discuss different policies by banks about pricing their listings, when price drops can be expected and why bank owned homes or condos could be initially priced far above more upgraded non-distressed comps.

Video


The vast majority of Las Vegas bank-owned homes or condos for sale listings are in lower price ranges and due to a chronically tight inventory of listings, these listings do NOT offer the discount they once did.

Getting an offer accepted in the current market is another story; so we have prepared a page about what happens after making an offer on Las Vegas bank-owned homes or condos.

Foreclosed listings are sold as is, if you buy one and the roof comes down on your head, TOUGH. That is why home inspections are necessary.

It should be mentioned that after many foreclosure deals, for the first time ever the bank required us to forgo inspection for their fixer-upper home to accept our offer which we advised our client to reject immediately and he did.

Sort Option
  • Listing ID
  • Built up Area
  • Price
  • Pictures
  • Add date
  • Featured
Grid
List
Map

Single Family Residential For Sale

7445 CRESTED QUAIL Street, North Las Vegas, Nevada 89084

3Bedroom(s)
1Bathroom(s)
25Picture(s)
1,246Sqft
Beautiful one story home in 55+ Sun City Aliante community right on the golf course. New carpet and paint make this move in ready. Upgraded cabinets, counters and tile flooring through main living area. Large secondary bedrooms. Cabinets in laundry room for storage. Enjoy community golf and recreation facilities.
$286,900

Manufactured Home For Sale

3491 GULF SHORES Drive, Las Vegas, Nevada 89122

2Bedroom(s)
728Sqft
DESIRABLE OPPORTUNITY IN THIS AGE RESTRICTED COMMUNITY*SPACIOUS TEO BEDROOMS HOME*OVERSIZED LIVING ROOM*EAT-IN KITCHEN*PARK LIKE BACK YARD*COVERED CARPORT*GREAT POTENTIAL*
$68,900

Single Family Residential For Sale

2100 DOGWOOD Avenue, North Las Vegas, Nevada 89030

4Bedroom(s)
2Bathroom(s)
5Picture(s)
1,695Sqft
Ranch style single story home on Large Oversize corner lot. No HOA! Plenty of Parking for your RV, Boat, Truck or Car! Additional 4th Bedroom and a large Den. Home is located close to dining, shopping and is also minutes from the Interstate 15 (I-15) access. The College of Southern Nevada Campus " CSN " and Cheyenne Sports Park Complex is also nearby.
$210,000

Single Family Residential For Sale

4418 PARKCHESTER Circle, Las Vegas, Nevada 89108

4Bedroom(s)
2Bathroom(s)
20Picture(s)
1,915Sqft
This is the one you have been waiting for, single story, 4 bedroom, no HOA.
$232,300

Single Family Residential For Sale

5505 CEDAR Avenue, Las Vegas, Nevada 89110

3Bedroom(s)
2Bathroom(s)
13Picture(s)
1,749Sqft
INVITING TWO STORY HOME*FRONT LIVING ROOM WITH HIGH VAULTED CEILINGS*SEPARATE FAMILY ROOM WITH COZY FIREPLACE*EAT-IN KITCHEN WITH BREAKFAST NOOK*SPLIT BEDROOMS LAYOUT UPSTAIRS*OVERSIZED CORNER LOT*LARGE BACK YARD WITH COVERED PATIO*GREAT POTENTIAL*
$220,000

Single Family Residential For Sale

4135 VILLA RAFAEL Drive, Las Vegas, Nevada 89141

5Bedroom(s)
4Bathroom(s)
49Picture(s)
5,838Sqft
Stunning guard gated home in coveted Southern Highlands. Impressive courtyard entry opens to a beautiful foyer with marble medallion, gorgeous stone flooring and sweeping staircase. Gourmet kitchen with large island, granite, stainless appliances and double built-in ovens. Family room has one of the 3 fireplaces and opens to an expansive backyard with built in barbecue area.
$979,500

Single Family Residential For Sale

9 PARADISE VALLEY Court, Las Vegas, Nevada 89052

5Bedroom(s)
5Bathroom(s)
49Picture(s)
6,567Sqft
Gorgeous Anthem home with Mountain, Strip and Golf Course views! Elevated home on the 16th hole. Elevator, 2 Master Bedrooms (1 upstairs and 1 down) Each bedroom with its own private bath. 4 fireplaces. Marble and granite throughout. Stunning pool with swim up BBQ/Bar. Basement with wine cellar.
$1,599,000

Single Family Residential For Sale

2910 GANDER Court, North Las Vegas, Nevada 89084

2Bedroom(s)
2Bathroom(s)
22Picture(s)
2,104Sqft
Beautiful move in ready one story home on a huge corner lot in Sun City Aliante. Enjoy community golf and recreation facilities all year long. Relax in master walk in bathtub. Enjoy summer BBQ's under stucco covered patio. Enjoy cooking gourmet meals in kitchen w/upgraded cabinets, granite counters, and tile throughout main living area.
$309,900

Single Family Residential For Sale

8113 MT HARRIS Court, Las Vegas, Nevada 89145

3Bedroom(s)
2Bathroom(s)
31Picture(s)
1,402Sqft
HUD Home. Single Story Home near Summerlin, shopping, parks, and schools. 3 bedrooms, 2 bathrooms, cozy living room with gas fireplace, kitchen with a breakfast bar, open to the dining room.
$255,000

Single Family Residential For Sale

197 RUSTY PLANK Avenue, Las Vegas, Nevada 89148

4Bedroom(s)
2Bathroom(s)
18Picture(s)
2,125Sqft
*HANDYMAN FIXER UPPER* 3 BEDROOMS 2.
$329,900

Single Family Residential For Sale

5705 NEGRIL Avenue, Las Vegas, Nevada 89130

4Bedroom(s)
2Bathroom(s)
15Picture(s)
2,304Sqft
The property at 5705 Negril Ave, Las Vegas, NV 89130 is a residential single family home with 4 bedrooms and 2 bathrooms. It was built in 2000, is approximately 2,304 square feet and sits on a lot that is roughly 7,405 square feet. This Clark county winner may be just the one you are looking for. Check out the opportunity today.
$349,800

Condominium For Sale

1830 PECOS Road, Las Vegas, Nevada 89115

1Bedroom(s)
1Bathroom(s)
17Picture(s)
675Sqft
Newly upgraded condo with granite countertops throughout the kitchen and laminate floors throughout.
$80,000
84 Results returned.Per Page

Las Vegas Foreclosures, Bank-Owned Homes or Condos for Sale was last modified: August 27th, 2019 by masouds