Category Archives: Las Vegas Foreclosure Buys

Why Short Sales Help Las Vegas Real Estate

RE/MAX International Chairman and Co-Founder Dave Liniger met with some of the top housing officials with the Obama Administration last week in Washington D.C. to advocate for a streamlined Short Sale process that would help to stem foreclosures, assist homeowners facing foreclosure and help to advance the recovery of the real estate industry and the broader economy.

We support his perspective and feel making Short Sales a more accepted practice could…

Buying Las Vegas Foreclosures

Approximately 40-60% of our today’s sales are Las Vegas Foreclosures. If you are interested in buying a Las Vegas Foreclosure you should be aware of issues that impact our existing market.

  1. Investors are snapping up Las Vegas Foreclosures in the $0-150K range quickly; they are aggressively moving back into our market.
  2. Anticipate dealing with multiple offers on many Las Vegas Foreclosures, especially if they are in the “hottest” segment of our market…

Las Vegas Short Sale versus Las Vegas Foreclosue

Many people here in Las Vegas and around the US are uncertain about how to weigh a Las Vegas Short Sale versus a Las Vegas Foreclosure on their credit report. Yes, the impact can be significant; but, you can help yourself. Here is a quick summary:

A Las Vegas Short Sale occurs when you sell your house to another buyer for less than what is owed on the house – the process must…