Next time a real estate agent shows up at your door and advises you need to move out as the home has been foreclosed, ask them if it is a Fannie Mae-owned foreclosure. If it is, you can inquire about a month to month lease with Fannie Mae and stay in your home. By signing…
One of the premier views on the Las Vegas Strip! Sky Las Vegas is a sheik building located right on the boulevard. This corner unit is on the 15th Floor and looks out directly at the famous Las Vegas Strip. Sky Las Vegas has all the amenities you expect, such as valet, professional front desk…
The Short Sale: An Under-Utilized Method to Avoid Foreclosure We have an epidemic of foreclosures in America. Las Vegas, Nevada has been leading the pack in this grim statistic for over two years. I was at a real estate conference in Las Vegas last week and one of the panelists who consults on a committee…
After much speculation within the industry, news out of Washington D.C. this week confirmed that Senate is moving forward on extending the $8,000 first time home buyer tax credit. The Senate still has to approve the measure; however, it appears to have bi-partisan support amongst Republicans and Democrats. Share:TwitterFacebookBufferLinkedInPin It Paul Rowe Paul Rowe is…
Unfortunately, the misconceptions many sellers in Las Vegas may have about this question often prevents them from pursuing one of the best options to a foreclosure—the short sale. They just assume that they won’t be able to pay any closing costs, have the money to cover buyer requested repairs and mostly believe they cannot afford…
Earnest money deposit (EMD) is the amount of money the seller has REQUESTED as a deposit to agree to sell you their house. Consider it a sign of good faith that you, the buyer, will go through with the purchase once you initiate the offer. Remember, by agreeing to your offer the seller has severely…
Some of the easier banks to work with on a Las Vegas short sale: Aurora, Nationstar, Wells Fargo, GMAC, Wilshire, HSBC, OCWEN, Specialized Loan Servicing If you have mortgages with one of the above institutions and believe that you may qualify to do a short sale of your Las Vegas Home; then help may be…
Buying a short sale in Las Vegas is becoming a much more attractive option for home buyers as our currently inventory has been slashed in recent months. Of the 11,760 homes for sale right now in the Las Vegas valley, only 2,575 are bank owned foreclosures. As a buyer, if you factor in homes that…
I have been corresponding with a potential Las Vegas Property Management client for a few weeks now. The initial contact I received was an email asking about our services, fees and an idea of how much his property would rent. As soon as I received the email, I began to do some research on the…
Many homeowners who purchased their Las Vegas Home between 2004 and 2007 are most likely upside down, unless they put a substantial amount down of at least 40%. With home values dropping from a high of $315K in June 2006 to today’s average price of $140K can make selling your home very difficult and most…
Las Vegas Real Estate sales of single-family homes, condos and town homes hit a record of 4,702 in June, beating the previous record of 4,414 set in June 2004 according to the information released by the Greater Las Vegas Association of Realtors. The main reason for the increase in home sales is the average sales…
We are a team of professionals that can assist you in all aspects of real estate in Las Vegas, from condos to multi-million dollar estates. We pride ourselves on providing top-tier service for all our clients, but we do recognize that there is a big difference between residential homes and luxury real estate. It is…
