The FDIC (Federal Deposit Insurance Corporation) announced last week that six weeks after taking over Indy Mac Bank it will start systematically modifying some of the bank’s most difficult loans to keep borrowers in their homes.
This should have an immediate impact on our local Las Vegas Foreclosure market as well as nationally – it’s difficult to predict how significant the impact though until Indy Mac works through its loan portfolio and…
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There is an old Irish saying……nothing ventured, nothing gained. Las Vegas real estate is on sale right not but you have to know what you are looking at when you take a hard look at a home.
Yes, you are going to see some mold, trash, cluttered yards, dead grass and maybe even holes in the wall as you work through some Las Vegas Foreclosures. But, you have to be sanguine about…
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Today’s Las Vegas Review Journal article about Las Vegas Home Sales being “on the comeback trail” underscores some critical information about out market.
Our inventory of available homes is dropping and we reported 3,173 Las Vegas Home sales in July, a 56.5 percent increase from the same month a year ago, with our highest monthly totals since September of 2006, based on information released by SalesTraq.
There is a lot more data in…
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