| The best deals in Real Estate right now are Foreclosures! In Las Vegas 80% of all homes sold are REO (Real Estate Owned-by a bank) foreclosure properties appear to be the hot ticket to savings thousands, tens of thousands and in the case of high priced properties, hundreds of thousands of dollars and yes millions of dollars. When is AN auction really THE auction. There is really only one auction. The auction conducted where the lender/mortgage company takes possession back from the borrower/owner. This is the trustee sale. This event only takes place one time. Every other auction is just a marketing tool used to sell the home once it reverts back to the bank/lender. In order to get those savings you have to buy Cash. If your not paying cash your not at the trustee sale. The best deals are purchased at the wholesale level (Auction) before they become REO's. The proplem is you need CASH. Buying this way can save you an additional 50-70% guaranteeing you the best deal available in your real estate investment. Current price analysis of Las Vegas properties indicates that the price adjustment on housing prices has readjusted prices to be in line with prices similar to 2000 / 2001. This was prior to the local and national price surge in appreciation, that saw prices rise by as much as 50-200% in 05/06. In essence the lost value has brought us right back to where we would have been, had we not seen a major jump in value in 2004, 2005. Fast forward to today. VEGAS IS STILL BOOMING. While many of the major projects are on hold or cancelled this is a temporary crisis. Vegas still has projects on the books that will result in five major casino projects creating 40,000 new rooms needing 250,000 new workers in the future The boom has moved from 2010 to 201? Total real estate sales for the month of June and July were in excess of 7000 homes each month. Yes prices are down 60-80% but sales are up. Will it BOOM? Absolutely. What's going on in local Vegas real estate market? Contrary to what you hear, real estate is selling. REO/foreclosure properties in good neighborhoods are receiving multiple offers at prices higher than the banks asking price. Shadow Listings those that banks are soon to foreclose, represent numbers equal to 2008-2009 combined. Estimated at almost 90,000 homes, great opportunities abound. Imagine buying a home for $40,000 and renting it out montly for $1,000. In 4 years you own the home free and clear. Every four years you double your money. Now that's real estate investing. So how do you get a good deal? Call us let us buy at the auction for you saving you money.
IT'S ONLY A BUYER'S MARKET IF YOU BUY. | 
