Thursday, April 26, 2012

Las Vegas Real Estate News

Las Vegas Real Estate News

Link to Las Vegas Real Estate News

real estate las vegas – <b>Las Vegas Real Estate</b> Update: Trustee Sale

Posted: 26 Apr 2012 04:18 AM PDT

Las Vegas real estate agent, Todd Miller, gives an update to the weekly trustee sales numbers. A total of 2200 homes went to sale and only.

Episode 012: How to Pay for College Using Real Estate – real estate <b>...</b>

Posted: 26 Apr 2012 03:00 AM PDT

sell real estate in las vegas – THE LAKES – LAS VEGAS NV HOME FOR SALE. April 25, 2012. Mike Freeman 702-326-7976 Beautiful Home in The Lakes – Las Vegas Real Estate Share.

New Santa Barbara Apartment Community Gears Up for Grand <b>...</b>

Posted: 26 Apr 2012 02:29 AM PDT

by admin • April 26, 2012 • Las Vegas Real Estate Press • 0 Comments. real estate in las vegas by thekenyeung. (PRWEB) February 08, 2012. On Februaryelevenand 12, 2012, prospective renters will have an exclusive opportunity to tour the ...

Las Vegas Property Owner's Home Sale Checklist

Posted: 26 Apr 2012 05:34 AM PDT

Las Vegas Realtors, Best Realtor Las Vegas, Las Vegas Real Estate Investment. 2015 E. Windmill Lane Las Vegas, NV 89123 702-252-7836. Email Us · Home · Home Search · MLS Search · Las Vegas Featured Properties ...

Former Luxe Condos Get Modern Touch

Posted: 26 Apr 2012 12:00 AM PDT

The Las Vegas real estate fire sale is dying out quickly as investors such as BondRok Partners swoop in on properties that have gone through bankruptcy and returned to the market, maybe not for pennies on the dollar, but certainly dimes. Los Angeles-based

Foreclosure filings up in most markets

Posted: 25 Apr 2012 09:01 PM PDT

RealtyTrac: distressed homes 'coming out of hibernation'

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Las Vegas Homes For Sale~Las Vegas Short Sales & Foreclosures

Posted: 25 Apr 2012 07:10 PM PDT


There are approx 5,115 homes for sale in the Las Vegas area that do not have offers on them per the local MLS.

Of that there are less than 724 of them that are foreclosures and 1,619 are Las Vegas Short Sales

This is for single family homes without contracts on them.

Our pending and homes with contracts on them are approx 13,498

2012 Homes sold

January: 2,930

February: 3,052

March: 3,534

Buying or Selling a Home or Condo Call (702) 812-4550

MY STUFF & Blog & Website Disclaimer

Important Notice -This is a personal blog.

Any Stats are on Resale Single Family homes only per the GLVAR MLS as of this writing or as noted,covers the Las Vegas Valley, North Las Vegas, Henderson area or as noted.

All photography on this site are the property of Dawn Barrer unless otherwise noted and are protected by U.S. Copyright laws and are not allowed to be downloaded or reproduced in any way without written permission of Dawn Barrier.If you would like permission to use a photo please email Dawn

Are you Thinking of Selling your Las Vegas Home as a Las Vegas Short Sale?

Posted: 25 Apr 2012 07:07 PM PDT


If you are thinking of doing a short sale in Las Vegas to sell your home to get out from under the debt because you have a hardship like you lost your job, going thru a divorce, military transfer, then call me to list your home for sale now 702-812-4550.

As part of listing your home for sale with us you can get a Free short sale attorney consultation to review your short sale letter. Many lenders are now agreeing to let Las Vegas Underwater homeowners sell their home for less than what they owe as a short sale and may forgive the debt so you can move on with your life.

Depending on your situation and who your lender is and who owns the loan, you may qualify for cash to help you move, typically this is an FHA short sale that has been pre-approved short sale by the lender because you have a hardship that the lender allows.

Bank of America is doing an outreach to some Las Vegas homeowners that have an FHA loan that are behind on their house payments, to see if you qualify for a Las Vegas short sale you must provide the lender with all the required documents and if you qualify you can short sale your home and move on with your life.

Don't wait until you are too far behind on your house payment, CALL NOW and get your Las Vegas home on the market because buyers are availabe now. (702) 812-4550.

http://www.LasVegasDawn.com

 


Buying or Selling a Home or Condo Call (702) 812-4550

MY STUFF & Blog & Website Disclaimer

Important Notice -This is a personal blog.

Any Stats are on Resale Single Family homes only per the GLVAR MLS as of this writing or as noted,covers the Las Vegas Valley, North Las Vegas, Henderson area or as noted.

All photography on this site are the property of Dawn Barrer unless otherwise noted and are protected by U.S. Copyright laws and are not allowed to be downloaded or reproduced in any way without written permission of Dawn Barrier.If you would like permission to use a photo please email Dawn

Why is the <b>Las Vegas real estate</b> market so hot these days? – <b>las</b> <b>...</b>

Posted: 25 Apr 2012 04:02 PM PDT

Question by Brian: Why is the Las Vegas real estate market so hot these days?http://www.myspace.com/lexusdevoteeBest answer:Answer by njyecatsJust like Phoenix,

sell real estate in las vegas – THE LAKES – LAS VEGAS NV HOME <b>...</b>

Posted: 25 Apr 2012 04:20 PM PDT

Mike Freeman 702-326-7976 Beautiful Home in The Lakes - Las Vegas Real Estate. ... EVERYTHING YOU NEED TO KNOW ABOUT THE LAS VEGAS REAL ESTATE MARKET ...

Apartment for rent in Las Vegas, NV | Real Estate In Las Vegas

Posted: 25 Apr 2012 05:16 PM PDT

sell real estate in las vegas – THE LAKES – LAS VEGAS NV HOME FOR SALE. April 25, 2012. Mike Freeman 702-326-7976 Beautiful Home in The Lakes – Las Vegas Real Estate Share.

<b>las vegas real estate</b> market – How to get your offer accepted in a <b>...</b>

Posted: 22 Apr 2012 04:19 AM PDT

Todd and Oana talk about the dynamic real estate industry in Las Vegas and how consumers can have an benefit. Video clip Rating: / five.

Hello Trulia

Posted: 25 Apr 2012 04:02 PM PDT

My name is Jenni Prue and I specialize in helping buyers and sellers invest in real estate in Las Vegas, specifically the Summerlin, Mountains Edge, Southern Highlands, Rhodes Ranch and surrounding areas.

I have 8 years of experience in the real estate industry. I joined the EXIT System in 2004 as the Regional Director in Utah and helped grow the brand from 3 offices to over 25.  In the spring of 2005 I became a licensed Real Estate agent and Realtor and in 2010 I moved to Nevada to further pursue my career.  As an active REALTOR with a commitment to continued education and an alliance with Exit Realty, competent lenders, title companies, real estate attorneys, short sale processors and investors, I bring tools, teams, solutions and digital marketing strategies that exceed the expectations of my clients. 

Originally from Sandy, UT, I moved to South Carolina for two years to serve a mission and moved to Las Vegas in 2010 to further pursue my real estate career.  Growing up, I was always involved with sports and extra-curricular activities through school and church.  My current hobbies include running, cycling, basketball, snowboarding, water rafting, travel, reading and spending time with family and friends.  My personal motto is "live to have no regrets."  This has pushed me out of my personal comfort zone many times but has opened up many opportunities for me and enriched my relationships and life experiences.

Las Vegas, NV Homes For Sale and Real Estate Services – Jenni Prue – Realtor

I am your real estate expert for Summerlin, Peccole Ranch, Mountains Edge, Southern Highlands, Rhodes Ranch,  and surrounding areas.  I am focused, dedicated and produce results with my tools, teams, and strategies.  If you are considering listing or buying property in Vegas I would love the opportunity to earn your business.

North Las Vegas Condo Project Phase Acquired

Posted: 25 Apr 2012 02:39 PM PDT

Blue Marble Development has purchased the unfinished 48-unit third phase of Pecos Creek condominiums at 1830 N. Pecos Road in North Las Vegas for $750,000, or roughly $15,000 a unit, the company president said Tuesday.

Pecos Creek is the latest example of a bankrupt condo project acquired by investors looking to scoop up undervalued real estate in Las Vegas. Others include Mira Villa near Summerlin and The Modern on West Flamingo Road.

"We felt like it was a good idea to buy them," Blue Marble President Dierdre Waitt said. "We're going to rent them for now and if the market improves, we'll eventually sell them. We're really hoping that Vegas is waking up right now."

Current listings for the one- and two-bedroom units run from about $19,000 to $27,000.  Blue Marble is doing mostly finish work on the condos, including cabinetry and flooring, along with finishing the pool, Waitt said.

Pecos Creek could produce an 11 percent return on investment if 90 percent of the units are leased at $500 to $600 a month, said Rick Hildreth of Land Advisors Organization in Las Vegas. He brokered the deal on behalf of the seller, Desco Group.

The project was vandalized while it sat vacant for three years after lenders pulled the financing and will probably require another $700,000 in rehabilitation, he said. It was part of a pool of about 20 nonperforming loans sold by Desco.

"Anything income-producing like apartments are moving quickly if they're on the market," Hildreth said. "There's not a lot of multifamily on the market, and if it does come on the market, it gets bid up."

Hildreth said he's seeing an overexuberance in the marketplace that could create another pricing bubble in Las Vegas. Because inventory has dwindled to preboom levels, properties are getting multiple offers beyond market value, he said.

Blue Marble had announced plans to build Paxton Walk, a mixed-use development in northwest Las Vegas, when the market crashed in 2008. Founder Avi Ruimi postponed the project indefinitely and focused instead on acquiring distressed projects.

Blue Marble looked at Mira Villa, the luxury condo project near Summerlin, but instead went with Terra Bella in Anthem. The original developer, Westmark Homes, filed for bankruptcy in early 2008.

*This article originally appeared in the Las Vegas Review Journal

***FREE*** Home Ownership Seminar Thursday April 26th 2012 starting at 6:00 pm.

Posted: 25 Apr 2012 02:36 PM PDT


***FREE*** Home Ownership Seminar Thursday April 26th 2012 starting at 6:00 pm.
Covering for buyers
Credit Review and Repair
Down Payment Assistance
Getting Help With Closing Costs

Covering for Sellers
Mortgage Assistance
Payoff Second Lien
Short Sale Your home and get cash

Location:
1333 N. Buffalo Dr. #270, Las Vegas Nv 89128
Please call or text your RSVP to             702-622-0601       ASAP.

Bank of America Updates Short Sale Process for April 2012

Posted: 25 Apr 2012 02:34 PM PDT

On April 2, Bank of America announced the latest round of changes to their short sale process. The changes, aimed at streamlining and expediting the process, include new requirements for initiating a short sale and changes to Equator.

Beginning April 13, 2012, Bank of America will require the following five forms to be submitted to initiate a short sale:

  • Bank of America Third-Party Authorization Form
  • IRS Form 4506-T – Request for Transcript of Tax Return
  • 60-day Estimated HUD-1 (or HUD-1 with closing date if shorter than 60 days)
  • Signed Purchase Contract including Buyers Acknowledgement and Disclosure
  • Bank of America Short Sale Purchase Contract Addendum

If you currently have a short sale file with Bank of America, you will need to complete any outstanding tasks in Equator before April 13. Look for the tasks titled "Submit Short Sale Offer," "Upload Offer Documents," and/or "Upload Supporting Documents."

If these tasks are not complete by April 13, you may be required to re-upload all documents to match the new system (that means five new documents, even if you were only missing one). Your file may also be declined, depending on your open tasks time compared to average timelines.

If you or someone you know owe more on a property than it is worth and you aren't sure of your options and which direction to go, please don't wait or do nothing.  Feel free to reach out to us with your questions and concerns regarding your current situation.  We offer FREE, no obligation consultations with regard to your situation as well as in house legal and CPA help. 

Rent Rite Directory adds tenant screening

Posted: 25 Apr 2012 11:39 AM PDT

'One stop shop' for leasing includes database of problem tenants

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Why HARP 2.0 is not going to take off like a scalded dog

Posted: 25 Apr 2012 11:25 AM PDT

Commentary: I did the math -- please prove me wrong

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Joan Rivers' high-gilded Manhattan condo: $29.5M

Posted: 25 Apr 2012 10:08 AM PDT

House of the Week: from Curbed.com

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Financing a rental property: a primer

Posted: 25 Apr 2012 11:16 AM PDT

From Zillow blog

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