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
  • Bedrooms
  • Pictures
  • Add date
  • Featured
  • Lot Area
  • Zipcode
Grid
List
RSS

For Sale

5415 Harmon Avenue, Las Vegas, Nevada 89103

2Bedroom(s)
2Bathroom(s)
20Picture(s)
1,073Sqft
An investor's DREAM PROPERTY, 2 bedrooms and 2 bath home in a gated community with pool. Kitchen with breakfast bar. Large Bedrooms. 2 full bathrooms with the master including a double sink. Last but not least LOCATION, the property is minutes away from the strip, shopping and dining.
$142,500

For Sale

3415 Tanto Circle, Las Vegas, Nevada 89121

3Bedroom(s)
2Bathroom(s)
1Picture(s)
2,620Sqft
The property at 3415 Tanto Cir, Las Vegas, NV 89121 is a residential single rnfamily home with 3 bedrooms and 2.5 bathrooms. It was built in 1982, is rnapproximately 2,620 square feet and sits on a lot that is roughly 16,117 square rnfeet. This Clark county winner may be just the one you are looking for. Check rnout the opportunity today.
$424,000

For Sale

3415 Tanto Circle, Las Vegas, Nevada 89121

3Bedroom(s)
2Bathroom(s)
1Picture(s)
2,620Sqft
The property at 3415 Tanto Cir, Las Vegas, NV 89121 is a residential single rnfamily home with 3 bedrooms and 2.5 bathrooms. It was built in 1982, is rnapproximately 2,620 square feet and sits on a lot that is roughly 16,117 square rnfeet. This Clark county winner may be just the one you are looking for. Check rnout the opportunity today.
$424,000

For Sale

7179 Mountain Moss Drive, Las Vegas, Nevada 89147

3Bedroom(s)
1Bathroom(s)
13Picture(s)
1,280Sqft
Great Spring Valley location here. Home features an bright and open floor plan. Spacious kitchen with granite counters and good cabinet space. Primary bedroom is good size with on suite 3/4 bath. Secondary bedrooms are good size. Ceramic tile throughout. Features an inground pool for hot Vegas summers.
$285,000

2 For Sale

1529 Cobb Lane, Las Vegas, Nevada 89101

6Picture(s)
3,060Sqft
INVESTOR OPPORTUNITY ... 4 Plex in the Cultural Corridor available for sale. Bank Owned and Cash Sale. 4 Units, all 2BR/1BA, need love, paint and appliances, etc.
$328,900

2 For Sale

1529 Cobb Lane, Las Vegas, Nevada 89101

6Picture(s)
3,060Sqft
INVESTOR OPPORTUNITY ... 4 Plex in the Cultural Corridor available for sale. Bank Owned and Cash Sale. 4 Units, all 2BR/1BA, need love, paint and appliances, etc.
$328,900

For Sale

420 Pueblo Place, Henderson, Nevada 89015

3Bedroom(s)
1Bathroom(s)
16Picture(s)
948Sqft
3 bedroom, 2 baths manufactured home all new all Drywall electric all new kitchen granite countertop all new bathrooms and a lot more
$174,900

For Sale

420 Pueblo Place, Henderson, Nevada 89015

3Bedroom(s)
1Bathroom(s)
16Picture(s)
948Sqft
3 bedroom, 2 baths manufactured home all new all Drywall electric all new kitchen granite countertop all new bathrooms and a lot more
$169,900

For Sale

3599 GULF SHORES Drive, Las Vegas, Nevada 89122

2Bedroom(s)
2Bathroom(s)
20Picture(s)
1,388Sqft
Beautiful home converted to real property in 55+age restricted community*Spacious layout with vaulted ceilings*Separate dining area*Wood paneling throughout*Oversized lot with two storage sheds*Great potential*
$142,000
23 Results returned.Per Page