Buying a Foreclosed Home in Las Vegas In working with buyers in the Las Vegas market I have found that we must employ specific strategies to actually get our buyer's offer accepted. Many buyers have to learn these strategies the hard way by trial and error. They usually would like to take a position of offering the bank a substantially lower offer than list price with the hope it will be Continue Reading
Las Vegas Real Estate Blog - Page 48
A Realtor’s Tale
This is a story of old Mr. Scrinch, you might call him a successful landowner in the Las Vegas Valley. He had a reputation with his peers of an uncanny ability in always buying distressed property in the least desirable part of town and at his terms. He was notorious for investing as little rehab money into a project as possible, and rent schedules that always seemed over market. Somehow he always Continue Reading
Banks Are Agreeing to Shore Sales! Is This The Right Time to Sell?
Last week we closed a Las Vegas short sale for client. That is not all that unusual anymore, but what is unusual is the way the bank let us do the short sale. Our client had to move to another city for her work. She has great credit and didn't want to destroy it. Upon having discussions with the bank we were able to convince them that it was in their best interest to allow her to sell her home Continue Reading
Where Appraisals Stand in Our Downward Market At the Moment
Where Appraisals Stand in Our Downward Market At the Moment I really have a genuine empathy for appraisers. We know that there job is difficult and tedious. I also know that they are currently faced with great challenges. The currently downward market presents a challenge that seems to be insurmountable. When given the task of appraising a home that is currently occupied and in good or great Continue Reading
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