Providence (North Las Vegas, NV)
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
**The Freefall Inventory Plunge Continues in Las Vegas!!!** We are still squeezed for inventory.  New REO listings are few and far between thanks to AB 284 with currently no end to that drama in sight.  Multiple offers on well priced homes are widespread. Everyone from first time buyers to investors are taking advantage of "opportunity". Read more about Las Vegas Real Estate Inventory Analysis here and consumers may comment on this post. Las Vegas Area Real Estate Market Watch was created for informational purposes only. This is for all the buyers wondering "where is the inventory"? The inventory is here, this graph shows that buyer interest is extremely high and gobbling up all that new inventory coming online! This is also for people saying "shadow inventory exists"! Well I believe i...
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By Dawn Barrier in Las Vegas at HOMESMART ENCORE, Homes in Las Vegas Nevada 702-812-4550
(HomeSmart Encore - Las Vegas)
Well, it has been over a year and a half since I wrote a blog on how to find out if the home your renting is in foreclosure..... Renters How to Find Out if Home is in Foreclosure/Default/Breach but I am still running into folks who are finding this out a little too late. 1.  Go to Clark County Assessor page .. type in the address,  just street # and street name should do it then hit submit (tip: don't put in the word street or ave etc as it won't work, just the street name) EXAMPLE.....M.W. Schofield, Assessor   Parcel number inquiry - search by Location Address Please enter all information known and click the SUBMIT button.If street number is entered, results will include addresses within three (3) blocks.       Street Number:     Street Number must be Numeric Street Direction:     Str...
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By Dawn Barrier in Las Vegas at HOMESMART ENCORE, Homes in Las Vegas Nevada 702-812-4550
(HomeSmart Encore - Las Vegas)
SHORT SALE DOCUMENTS You will need to be prepared to provide for a Short Sale •1.       Authorization form •2.       Hardship letter •3.       Mortgage Statement •4.       Financial Worksheet   •5.       2 months paystubs •6.       2 months bank statements •7.       2 years tax returns If you don't have these, you will need a letter explaining why to present to the bank. Some lenders may require a little bit less and some lenders may require more, but you need to be prepared to provide at least these documents for a Las Vegas Short Sale, North Las Vegas Short Sale or Henderson Short Sale You will most likely have to provide updated information as well during the short sale process, such as updated paystubs and bank statements. If would like to sell or purchase a Las Vegas home or a Hend...
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By Dawn Barrier in Las Vegas at HOMESMART ENCORE, Homes in Las Vegas Nevada 702-812-4550
(HomeSmart Encore - Las Vegas)
Housing Wire reports:  Foreclosure filings in August fell 5% from a year ago, the third straight month of declines, according to RealtyTrac, an online foreclosure marketplace. Go to Foreclosures down for third straight month as lenders manage backlog: RealtyTrac by JON PRIOR for the whole article. James Saccacio, CEO of RealtyTrac, said default notices and bank repossessions were nearly equal in August, an indication that lenders are carefully managing the clogged foreclosure pipeline. "On the front end, seriously delinquent loans are rolling into foreclosure at an unusually slow rate, while on the back end the dammed-up inventory of properties already in foreclosure is moving to REO in steady stream rather than a flood - presumably to prevent further erosion of home prices," Saccacio s...
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North Las Vegas, NV Real Estate Professionals