Once you have made the mental preparations necessary to “sell” your loan proposal to a lender, you, as a new investor, must be certain of the documentation and information required by a lender. The lender will require, at the very least, the following: A completed loan application form Copies of your past and present IRS…
With economic conditions being what they are today, everyone and his brother is out there looking for a real “steal” in Las Vegas bank-owned properties, and besieging lenders with loan requests. In addition to Las Vegas Investors looking to borrow funds, banks are additionally dealing with many real estate related issues forced upon them by…
Buying a Las Vegas Home isn’t just about price, it’s about finding a residence that best suits you and your family’s overall needs and lifestyle. But as far as price is concerned, there are both wide and narrow cost of purchase differences between owning a private home or a condominium. For example, a single-family home…
A real estate investment trust or REIT can be an intriguing way to participate in property investment, particularly for the investor who dislikes putting all his/her eggs in one basket, so to speak. Basically, REITs are real estate investment firms that operate groups of income-producing properties. A real estate investment trust is structured by law…
One of the most important services a Las Vegas seller’s agent can perform for his client is to set a realistic and competitive market price on a client’s for sale property. Setting a price that will satisfy the seller, and simultaneously attract eager buyers is no easy task, particularly under current market conditions. Trying to…
All the rage these days, a Las Vegas “short sale” to the uninitiated means snatching a valuable piece of property from a grateful lender or desperate property owner at so-called “bargain basement rates.” Actually, the short sale phenomenon, born from the ashes of the Las Vegas housing burnout of the last few years, is not…
What is a Master Planned Community? Usually found in warmer climates, they are large communities of new homes typically at least 1,000 acres in size with development and construction governed by specified standards of design and restrictions of land use. These communities offer recreational areas, golf courses and parks as well as schools, restaurants and…
Nevada Rental Properties in Foreclosure Nevada rental properties in foreclosure are sold by the lender at auction or directly to investors, just like any other foreclosed properties. If the foreclosed property is occupied by tenants, the landlord or property manager assigned by the new owners to oversee the property has to abide by specific guidelines…
When you are ready to sell your Las Vegas Home, it should be presented in the best possible way. Staging by a trained and certified professional home stager helps to prepare a home for sale by pointing out the need for making minor repairs, repainting if necessary and eliminating clutter as well as re-arranging furniture…
There are many factors involved – from a Las Vegas Real Estate Investor’s prospective – in choosing which single-family home properties would be the most suitable for purchase. Among the most important considerations are what type of purchase arrangement can be negotiated, and who the seller may be, private owner, or bank, urgency to sell,…
Homeowners Association Board of Directors Elections This is the time of year when plans must be made for the election of the new Homeowners Association Board of Directors. Property managers are required to supervise the election process from start to finish. They begin by mailing a flyer and Nomination Form to each homeowner informing them…
If you are in need of funding to take advantage of the Las Vegas Real Estate Investment opportunities you are focusing on, and prefer not to go through the time-consuming and rigorous procedures required by traditional institutional lenders, then your only alternatives are either to use your own funds, if sufficient, or to seek out…
