Invest In Las Vegas

The Las Vegas real estate market has presented great opportunities to real estate investors.  Prices and interest rates are at an all time low.  The average Las Vegas single family home’s median price is less than it was in 1990.  Investors have account for about 50% of all sales in the Las Vegas, Henderson and North Las Vegas markets. 

The profile of the real estate investor has changed during the last few years of challenging economic times.  In the Las Vegas market, investors are experienced, most of whom purchase multiple properties, either as individuals, or as part of an investment group.  As the mortgage underwriting standards have become so strict, a majority of investors are paying cash; this is in contrast to the investors of 2002-2005, when investors leveraged their purchases with minimal down payments and adjustable mortgages.  Investors today are not as interested in “flipping” properties, but, rather, focused on cash flow and long term appreciation.  Knowing that Las Vegas real estate prices have bottomed out, investors focus on properties with good rental income potential.  By holding these properties for 3-7 years, they will realize future appreciation and income.

Las Vegas investors have many options – REO (Bank Owned) properties are being sold at great discounts; short sales are being sold at prices that are sometimes 50% of the original purchase price.   Real estate auctions also present opportunities for investors.  And, with commercial properties being offered at their lowest prices in many years, investors can enter the commercial real estate investment market that was previously out of their price range .

If you would like more information about investing in Las Vegas real estate, please visit http://www.lasvegasproperties.com or http://www.shortsaleconsultantsofnevada.com.  For our Free Report, “How To Invest In Las Vegas Distressed Properties,” email terrilvp@cox.net or call 1-888-876-8383.

Invest in Las Vegas

YOU HAVE OPTIONS!

If you are a Las Vegas homeowner who is facing the possibility of Foreclosure, you should not that YOU HAVE OPTIONS!

Have attorneys promised you a LOAN MODIFICATION, or tried to convince you to declare BANKRUPTCY?  Have consultants promised to negotiate a SHORT SALE for you?  Are you frustrated, and concerned that the clock is still ticking, and that might still lose your home to foreclosure?  You should be concerned!

 A Short Sale might be the right solution for you. I am a Real Estate Broker with more than 20 year’s experience in Las Vegas.  I am a Certified Distressed Property Expert who understands the complex issues confronting the real estate industry today. You owe it to yourself to explore your options and to improve your family’s financial situation. 

 Here are some of the mistakes made by homeowners facing foreclosure:

Mistake #1 – DOING NOTHING – Fewer options become available as you wait

Mistake # 2 – THINKING THAT A LOAN MODIFICATION IS YOUR ONLY SOLUTION – very few homeowners qualify for a loan mod; 65% of all loan modifications are in default again within 12 months

Mistake # 3 – NOT UNDERSTANDING YOUR RIGHTS AS A HOMEOWNER –

Nevada is a non-judicial foreclosure state; you have legal rights that can help you find a solution

Mistake # 4 – NOT UNDERSTANDING TAX, CREDIT AND DEFICIENCY IMPLICATION

Email terrilvp@cox.net to order my FREE REPORT, “10 MISTAKES YOU CAN’T AFFORD TO MAKE WHEN FACING FORECLOSURE.”

A SHORT SALE might be a good option for you.

MINIMIZE DEGRADATION TO YOUR CREDIT SCORE

PRESENT A SOLUTION TO YOUR LENDER THAT WILL AVOID ADDITIONAL COSTS AND LENGTHY DELAYS

HELP TO MINIMIZE YOUR DEBT OBLIGATIONS

AVOID DECLARING BANKRUPTCY

ALLOW YOU TO PURCHASE ANOTHER HOME WITHIN 2 YEARS

CONTINUE TO LIVE IN YOUR HOME DURING THE MARKETING AND SELLING PROCESS

 I offer a FREE, NO OBLITATION CONSULTATION to help you determine your eligibility for a Short Sale.  For more valuable information, visit my website,

http://www.shortsaleconsultantsofnevada.com/  or call me at 702-379-6627. 

Las Vegas Homes

During the recent real estate “slump,” Las Vegas homeowners are taking the opportunity to renovate and spruce up their homes!  Rather than trying to sell at today’s low prices, and instead of buying a new home, Las Vegas has seen a surge of renovations and remodeling projects.  Both interior and exterior projects have generated great business for home improvement stores and contractors.  One of my favorite business partners, ProSource, has helped homeowners to create new and unique decor in their Las Vegas homes. 

ProSource provides my clients with some great and innovative design options when they are considering remodeling their homes.   And they always share interesting and important information about their products, which help homeowners with their design selections.

Leo Cuellar recently visited ShawFloors.com and thought you would enjoy this article: Carpet Myths. Shaw has the expertise and information to help you find floors that fit your home and your life.  If you would like to receive information about new products, please email me at terrilvp@cox.net and I’ll make sure that Leo sends info your way!  If you are thinking of selling your home, or buying another home or investment property, please contact me at Las Vegas Properties, or call me at 702-379-6627, or email terrilvp@cox.net.

Las Vegas has always been known for its glitz, glitter and gaming.  But we have so much more to offer!  A team 15 high tech companies have joined forces to develop The LINQ360 Innovation Center, with headquarters located in the master planned community of Summerlin.  The LINQ360 Innovation Center is home to various technology companies that address the needs of Las Vegas’ huge resort/hotel industry.

The design of the LINQ360 building is quite unique – it has an open-display, convention center-like feel.  Each vendor has its own booth, with displays that offer a hands-on experience.  One of the displays is an actual hotel room, where clients can see future technology and how it will improve guests’ hotel experiences. 

The Nevada Development Authority has been successfully bringing new companies to the Las Vegas area, in an effort to diversify our economy.  This high tech venture oneof th most exciting new companies who promise employment opportunities to Las Vegas residents. 

Las Vegas is a great place to live and work.  If you are thinking of relocating to the Las Vegas, Henderson or North Las Vegas areas, please contact Las Vegas Properties - or email terrilvp@cox.net

During the 4th quater of 2010, the Summerlin area had 60,000 square feet of new construction in the commercial market.  The office vacancy in Summerlin was 22%, compared to the highest vacancy percentage in other Las Vegas communities.  Summerlin’s retail vacancy rate was only 5%, compared to the highest rate of 16% throughout the Las Vegas valley.

The Shops at Summerlin, a mega-shopping center planned by General Growth Properties Inc, is still on the drawing board.  The 100-acre parcel is planned to include a 1.4 million square foot regional mall with luxury anchor tenants – Dillards, Nordstrom, Macy’s and Crate & Barel.  The construction schedule for this development has not yet been released, but this development is sure to be exciting for all Las Vegas residents and visitors.

Tivoli Village at Queensridge, which is located adjacent to Summerlin, has opened with several restaurants, upscale retail shops, galleries and outdoor cafes and bistros.  New home builders are offering great prices and incentives on new homes being built in Summerlin, with prices being the lowest since this community opened in 1990.

If you are interested in new homes or resale homes in Summerlin, contact Las Vegas Properties at 1-888-876-8383 – or email terrilvp@cox.net 

Finding the right Broker to represent you is key to success!  Brokers who specialize in REO properties have the experience and knowledge to find the most suitable properties — wither that be single family, condominium, land or commercial property.   Not all REO properties are good investments.  The price might be right, but the price is only part of the equation.  Your Broker will provide you with an in depth analysis of the market values for that area,  general comparable statistics that will affect future value, and a market analysis of rents and future profitability of your real estate investment.  Your Broker will know how to structure and present your offer so that you are considered by the Bank or Asset Manager, who probably has multiple offers on every property.   Presenting offers on REO properties is quite different from negotiating on traditional properties.   Your REO Broker will be instrumental in seeing this tranaction through the escrow/closing process, ensuring that the Seller and Escrow Officer fulfill their responsibilities in the escrow process.  To search for REO properties in Las Vegas, call Terri White, Las Vegas Properties, at 702-379-6627 or email terrilvp@cox.net.

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Palms Place Luxury Condo For Sale!        

Palms Place is the success story of the Las Vegas luxury condominium market.  If you would like to become part of the “lifestyes of the rich and famous” in Las Vegas, you can purchase this beautiful 1,200 square foot Palms Place condo that is listed at $775,000.  Many residents are celebrities, while some are local and international buyers who were looking for a Las Vegas vacation home or Las Vegas investment property.

Maloof Brothers Succeed at Palms Place!

Several Las Vegas luxury condo projects have been postponed or have cancelled, but the Maloof brothers seem to have what the luxury condo market requires — a celebrity audience, upscale amenities, name recognition and the financial ability to have built this beautiful property and opened on time.  The 47-story luxury high rise features 599 suites, and is attached to the famous Palms Casino by an enclosed, elevated “SkyTube” that moves residents to and from their condos on moving walkways.

Palms Place Amenities

The 520-foot tower offers 600 square foot studios, 1,200 square foot one-bedroom units and 21 penthouse condos ranging from 2,000 to 7,000 square feet.  The tower features a 50,000 square foot pool and spa complex, a Turkish bath treatment and Sunset Tan studio.  Sunset Tan will feature 8 treatment rooms, high-pressure European tanning beds and sunless spray tan rooms.  The 8,400 square foot Simon Restaurant, overlooking the pool area, will offer an upscale menu of steaks, seafood and sushi.  The restaurant will also offer room service for Palms Place residents.

There are still some brand new condos available.  And this 1,200 square foot “resale” condo is priced less than the original owner paid!  This is a great deal for Las Vegas luxury condo.  We can send you more details about this condo, as well as provide a list of other Palms Place condos that are currently available.  Call Las Vegas Properties at 1-888-876-8383 or more information, or email terrilvp@cox.net.