Las Vegas Real Estate News |
- Primedia to be Trulia's exclusive provider of multifamily rental listings
- 10 tips for drumming up new business during the holidays
- Local Developers Buying Unfinished Buildings in Las Vegas Valley
- <b>Las Vegas Real Estate</b> Market Update | Todd Miller TV
- Attention <b>Las Vegas Real Estate</b> Investors! - Las Vegas High Rise Blog
- The Future of <b>Las Vegas Real Estate</b>
- <b>Las Vegas Real Estate</b> Agent closes sale on Rental Property in 18 <b>...</b>
- Puppy's adventures showcase Corcoran Group website
- Just Listed and Under Contract! - Travis Bell and Robbie Henderson
- Weekly Mortgage Update: November 26, 2012 | Travis Bell and <b>...</b>
- Startup takes transaction management platform nationwide
- Builders take deep dive into buyers' wants, needs
- New-home sales up 17.2 percent from a year ago
- Radian mortgage insurance now available through Mortgagebot
- California Regional MLS now serving more than 71,000
- Technology can't replace Realtor boots on the ground
Primedia to be Trulia's exclusive provider of multifamily rental listings Posted: 29 Nov 2012 05:01 AM PST Companies are also forming advertising network |
10 tips for drumming up new business during the holidays Posted: 29 Nov 2012 03:30 AM PST Realtor Notebook |
Local Developers Buying Unfinished Buildings in Las Vegas Valley Posted: 29 Nov 2012 04:16 AM PST Las Vegas Valley is full of a lot of half-finished buildings and structures that were shelved during the real estate bubble. But local developers are seeing potentials behind these unfinished projects and are buying them. These developers have the intention of finishing the projects themselves and hope to gain big profits behind these deals. These structures are being sold with discounted construction costs and cheap prices. But getting them off the market is not that simple. Sometimes the procedure can take too long and can be too costly. According to Mike Montandon, Former Maryor and managing director for Voit Real Estate Services, there are times when the process can even seem next to impossible. The procedure for buying out these kinds of properties in Las Vegas Valley involves the "buyer" identifying the "seller." This may sound simple enough but can be a bit complicated especially if the property had been foreclosed by the bank and already been auctioned off. Another thing the "buyer" must check the property's debt load and find out "who owes who what?" Safety is another concern; the buyer should see how sound the structure is to continue with the project. Other issues will be the piping, wiring connections, and validity of the construction permits. And naturally, the buyer should need to check on the demand for the finish product. Las Vegas is known to have a very dry climate and very low humidity, this help minimize sun damage to open and exposed construction sites. Although rust can still attack the metal, it's easily scraped off or sandblasted. Another issue is rain; this can cause corrosion, mold and raise other concerns. Theft is also another issue on the list. Some piping or wiring connections will attract thieves because of their value so these unfinished projects are usually fenced off. The mothballed projects across the valley are mostly residential projects. Some of these projects with still unknown futures include the St. Regis Residences, a 68-story Faontainebleau, a 113-condo Mercer project, the 400-luxury-unit Spanish View Towers. |
<b>Las Vegas Real Estate</b> Market Update | Todd Miller TV Posted: 28 Nov 2012 01:53 PM PST |
Attention <b>Las Vegas Real Estate</b> Investors! - Las Vegas High Rise Blog Posted: 28 Nov 2012 08:07 PM PST |
The Future of <b>Las Vegas Real Estate</b> Posted: 17 Nov 2012 01:15 PM PST |
<b>Las Vegas Real Estate</b> Agent closes sale on Rental Property in 18 <b>...</b> Posted: 27 Nov 2012 05:30 PM PST |
Puppy's adventures showcase Corcoran Group website Posted: 28 Nov 2012 01:01 PM PST Brokerage commissions TV ads to demonstrate site's mobile, social capabilities |
Just Listed and Under Contract! - Travis Bell and Robbie Henderson Posted: 27 Nov 2012 08:04 AM PST |
Weekly Mortgage Update: November 26, 2012 | Travis Bell and <b>...</b> Posted: 26 Nov 2012 11:21 AM PST |
Startup takes transaction management platform nationwide Posted: 28 Nov 2012 12:31 PM PST Reesio allows agents to manage property showings, offers, documents |
Builders take deep dive into buyers' wants, needs Posted: 28 Nov 2012 12:25 PM PST Location may trump preference for new or existing home |
New-home sales up 17.2 percent from a year ago Posted: 28 Nov 2012 09:51 AM PST Supply of new homes steady at 4.8 months in October |
Radian mortgage insurance now available through Mortgagebot Posted: 28 Nov 2012 10:05 AM PST Customers can now order PMI directly from loan origination system |
California Regional MLS now serving more than 71,000 Posted: 28 Nov 2012 09:34 AM PST Nation's largest MLS expanding access to CoreLogic's Matrix to all members |
Technology can't replace Realtor boots on the ground Posted: 28 Nov 2012 07:30 AM PST Virtual tours are no substitute for seeing a property in person |
You are subscribed to email updates from Las Vegas Real Estate News To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
Google Inc., 20 West Kinzie, Chicago IL USA 60610 |
No comments:
Post a Comment