Friday, September 28, 2012

Las Vegas Real Estate News

Las Vegas Real Estate News

Link to Las Vegas Real Estate News

Investor willing to take $550 million gamble on distressed Las Vegas properties

Posted: 28 Sep 2012 02:09 AM PDT

Las Vegas real estate investor Michael Shustek plans to bet big — $550 million big — that he can profit off some of the hardest-hit markets in the country. Through his new investment fund, MVP REIT, Shustek wants to raise up to $550 million from investors to buy commercial mortgage loans and commercial properties in Nevada, Arizona and inland California.

What Makes You Think the Seller Will Accept That Offer?

Posted: 22 Sep 2012 11:44 AM PDT

Find CO real estate agents and Henderson real estate on ActiveRain. Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, ...

Why Strategy Is Important For Las Vegas Homebuyers

Posted: 27 Sep 2012 11:26 PM PDT

Getting excited about buying a house in Las Vegas is normal, but it's important to always come prepared while searching. Although countless homebuyers are looking to take advantage of the discounted prices and the all-time lowest mortgage rates seen in forty years, many of these residence hunters are beaten out of the game by those capable and willing to deal in cash.
Despite being fully qualified and pre-approved by financial institutions, these buyers suffer from several disadvantages compared to those with cold-hard money on hand. From the seller's perspective, transactions dealt with the latter are always easier and safer.

"In general, the buyer wants to put themselves in the seller's shoes and think about what that seller must be going through in an effort to appeal to that seller," says Robyn Yates, owner and broker of Windermere Premier Realty, Henderson. "For example, a short seller's thoughts: I get nothing. I just want to get out of my situation."

With that in mind, Yates recommends that folks with cash should acquire a cash-out refinance after the close of escrow. For buyers who don't have the monetary funding in their pockets, the real estate agent recommends getting fully-approved before writing any offers.

Moreover, it's possible to get a loan for a three percent down (instead of the usual ten to twenty percent) and still acquire conventional financing, which is more attractive to home sellers.
Both types of homebuyers can implement other strategies to gain tactical advantages over their counterparts. "Write a heartfelt letter to the seller about how much you love their home and how you see yourself living in the home," suggested Yates. "Every seller loves it when someone else appreciates their taste and hard work."

When it comes to short sales, wherein banks are asked to receive less than the principal mortgage balance, enlisting the help of a real estate agent who specializes in handling such matters is advised. This professional, along with the help of the listing agent, can help to make the transaction flow smoother.

Since short-sale sellers get no financial gain out of the deal, offering to take care of homeowners association dues (including unpaid) would definitely help.

WALL Street Equity Firms "HOT" for Single Family Home Investments

Posted: 27 Sep 2012 09:09 AM PDT

Las Vegas Real Estate Foreclosure. Homes for Sale Free List Daily. David Cooper 702-499-7037. DAVID COOPER. By DAVID COOPER | Landlord in Las Vegas, NV. /profile/LASVEGASWINNER/. WALL Street Equity Firms ...

Brand New Move In Ready Las Vegas Condos for Sale

Posted: 27 Sep 2012 04:29 PM PDT

We are in tune with all the new developments in Las Vegas real estate and look forward to hearing from you and offering you the highest level of personalized service in the industry. Please LIKE US on Facebook, Join Our ...

Las Vegas Housing Statistics as of September 23, 2012

Posted: 23 Sep 2012 08:19 AM PDT

Las Vegas Realtors, Best Realtor Las Vegas, Las Vegas Real Estate Investment. 2015 E. Windmill ... No matter what your preference is, here's the newest data available regarding Las Vegas Real Estate. Las Vegas Real ...

Home Prices Hit 5 Year High. Wall Street Equity Firms Buying 1,000 <b>...</b>

Posted: 26 Sep 2012 09:45 AM PDT

DONE. Las Vegas Real Estate Foreclosure. Homes for Sale Free List Daily. David Cooper 702-499-7037. DAVID COOPER. By DAVID COOPER | Landlord in Las Vegas, NV. /profile/LASVEGASWINNER/. Home Prices Hit 5 ...

Nation's fourth-largest brokerage expanding in Ohio's largest city

Posted: 27 Sep 2012 11:48 AM PDT

Howard Hanna growing agent count in Columbus market

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Understanding the language of numbers

Posted: 27 Sep 2012 11:07 AM PDT

Don't let analytics get lost in translation

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Long Realty offering down payment assistance tool

Posted: 27 Sep 2012 10:17 AM PDT

Down Payment Resource helps buyers tap government-funded programs

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Weekly Mortgage Update: September 17, 2012 | Travis Bell and <b>...</b>

Posted: 17 Sep 2012 10:26 AM PDT

... South Shore: Apollo Beach · Plant HS District · Waterfront; About Us. About Bell Henderson Real Estate · Bell Henderson Real Estate Bios · About Keller Williams. 813.931.5000. Info@BellHenderson.com. Posts · Comments ...

Home loans in demand as rates chart new lows

Posted: 27 Sep 2012 10:23 AM PDT

Demand for purchase loans up 5 percent from year ago

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4 tools to increase your value as a real estate agent

Posted: 27 Sep 2012 08:59 AM PDT

New tech from Real Estate Connect

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7 proven steps to grow your business on Twitter

Posted: 27 Sep 2012 09:08 AM PDT

Stop trying to sell homes and start building relationships

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I will not be the person who is always looking down at her phone

Posted: 27 Sep 2012 08:00 AM PDT

Realtor Notebook

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