For many Las Vegas home buyers and investors, there will never be a better time to buy! In today's economic climate, more than half of all homes currently available are actually some form of "distressed property." These properties are being marketed either as Short Sales, Foreclosures or REO properties. Each type of purchase involves different dynamics and procedures than those of a traditional purchase. Whether the seller is facing foreclosure, or the bank or lender is trying to recoup losses by liquidating the property, buyers need to be well educated and informed about the details of these types or purchases. Engaging the services of an expert in distressed properties is the key to a successful purchase. As a Certified Distressed Property Expert, Terri White is experienced and has the knowledge to guide her clients through the challenges of a distressed property purchase. This is the very best time to purchase this type of property, whether you are a future homeowner or investor. Property values in Las Vegas are at their lowest since 1991, and interest rates are at an all time low. So, take advantage of this market and you will enjoy the rewards of finding the right property at the best price and terms. Reasons to buy distressed properties include: These properties are in need of a new owner. As a result of financial difficulty, change of ownership, poor management or other factors, you can be involved in contributing to the renewal of a property and its neighborhood. And you will realize profits and gains from your investment.  For both investors and homeowners, most of the investment on your part will be cosmetic in nature. When I represent clients who are considering Las Vegas short sales or foreclosures, we obtain a professional inspection to determine the damage or changes required to make the home attractive, habitable and a sound investment. We know which properties do not warrant the buyer's investment of capital, and which properties need just a little "sweat equity" to make them great investments. Our team includes several professionals (property inspectors, appraisers, valuation experts and an experienced Las Vegas Broker) to counsel buyers as to which properties are the best investments. Visit our website www.shortsaleconsultantsofnevada.com to meet our team! You can be part of the investors of today's market who help turn the real estate market around!
For the first time in over a decade, the real estate market has created a unique opportunity for those interested in investing. Property values, on average have dropped over 30% from their peaks, creating an environment where real estate investors can build not only appreciation value, but cash flow as well. If you are new to investing in real estate, the market conditions are optimal for getting into the market with minimal investment with great cash returns and wealth preservation. Whether you’re a new investor, future homeowner or veteran mogul, working with an experienced real estate Broker benefits you by: getting real-time market info on where deals are, negotiating power with industry expertise, and working with a seasoned professional who understands the real estate landscape. Distressed Properties come in all types, sizes and price ranges. Many properties in excess of a million dollars are being purchased by experienced and savy Las Vegas buyers! Not all short sales or REO homes are "trashed" - some require normal maintenance, while others are being kept perfectly by the short sale sellers who are still living in their homes during the marketing period. Imagine being able to purchase a home that requires no repairs or work, but paying a fraction of the price paid by the current seller. One of the main advantages of buying Las Vegas Distressed Properties is that the owner is anxious and needs to sell! A short sale seller is trying to complete a sale in order to avoid pending foreclosure. A lender or bank is trying to liquidate an asset to clear the huge inventory of REO homes in its portfolio. You will not find a more motivated seller! Negotiating with either short sellers or banks/lenders is, in some cases, easier; these sellers are not emotionally invested in the home, as traditional sellers are. The negotiation is about price, terms and net proceeds. This represents a more logical negotiation process. The property must be sold Over the past few years, lenders and banks have determined that they actual net sales price for a foreclosed property is several thousand dollars less than the price realized from a successful short sale. They also realize that the maintenance and liability associated with a vacant property does not warrant holding that asset for the long period of time as a REO asset. When a bank does offer a REO property for sale, their only goal is a quick, easy sale, from a qualified buyer who can successfully close in a short period of time. With our expertise in selling and marketing REO assets, we help buyers to submit the most effective offers, obtain the best financing and structure a transaction that is attractive to the lender, most likely to be accepted. Especially today, with the legal ramifications of the "flawed" foreclosures being reported in the media, all short sale and REO listings will sell quickly and be great values. Real estate professionals throughout the country, and especially in the Las Vegas market, expect these foreclosure issues to cause long delays in the foreclosure process. This translates into opportunities for distressed property buyers! There are many choices for Las Vegas buyers. We will assist you with your search for distressed property opportunities - including Las Vegas Fannie Mae, Las Vegas Freddie Mac, Las Vegas HUD foreclosures, Auction properties and sellers' short sale properties currently available. If you are a future homeowner or real estate investor, Las Vegas represents great opportunities for you to build equity and wealth by purchasing the right property. Other investments today, such as the stock market, present very little opportunity for growth. Real Estate is still the most attractive investment with the most potential for appreciation. Let Terri White and her team of professionals help you with your property selection, evaluation, financing options and escrow management.  Terri is a Las Vegas real estate Broker with 20 years experience in the Las Vegas real estate market. Terri has earned the Certified Distressed Property Expert designation. A CDPE is a real estate professional with specific understanding of the complex issues relating to sellers facing foreclosure and lenders managing their REO portfolios.
Terri works personally with each client, to evaluate each situation and possible solutions. Her goal is to help homeowners solve their foreclosure challenges by successfully negotiating short sale transactions. Terri also represents Las Vegas buyers by evaluating potential distressed properties, negotiating best terms for her clients and ensuring the successful closing. Terri has managed a staff of Las Vegas real estate agents who have sold more than 500 REO and Short Sale properties in the Las Vegas area. She will guide you through the process and ensure a successful closing! Call us today at 702-876-3553 or email terrilvp@cox.net for our FREE REPORTS... Short Sale Buyers Guide
Buying a short sale is a different type of purchase. This book was created to explain the process of a short sale purchase; this details why short sales involved longer escrow period, how short sales are approved by lenders and what types of challenges and problems to anticipate as a buyer. This is great reading for any buyer who is considering either a short sale or REO property. Call today for this book! Investors Guide to Distressed Properties
The investor market has changed over the past few years; if you are an investor considering a short sale or REO, this book will provide you with information about negotiations, qualifications, mortgage information and the escrow process. It also provides valuable information about cash flow, cash on cash and investment criteria. This is a great guide for any investor! The 7 Short Sale Myths
Learn the truth about why lenders and banks want to approve short sales, and what factors they consider when accepting a buyer's offer. This is valuable information for any buyer considering a short sale purchase! Las Vegas Distressed Property Listings
We'll find properties that fit your needs before they hit the Multiple Listing Service! This is a great tool for buyers looking for either short sales or foreclosures. Our team researches properties and sellers to uncover the best properties for your consideration. Best Offers
Learn the strategies of presenting and negotiating the best offer; the best offer is not always the highest offer. We show you what the seller and banks are looking for, how to make your offer stand out among multiple offers!
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