Robin Camacho
Las Vegas Real Estate
David McKee
Stiffs & Georges
Jean Scott
Frugal Vegas
Short Sales - It's The New Black
Dan said: My daughter and son-in-law just went thru a short sale they were trying to buy. The bank was NOT ver... [More]
Has Las Vegas Real Estate Hit Bottom?
Judy Taylor said: Robin, and others, have pointed out how much like a Circus Midway the home market in Las Vegas has b... [More]
Has Las Vegas Real Estate Hit Bottom?
Taryn Hazelwood said: My husband and I are moving from Gig Harbor and have made offers on 8 homes, only to find our offers... [More]
Las Vegas Home Sales Skyrocketing (Again)
Judy Taylor said: Robin, you must be out there turning around the housing overstock here in town. The amount of homes ... [More]
Wake Up, Roger, and Own Your Own Piece of Las Vegas
Judy Taylor said: What does "Active-Exclusive Rights" mean on the MLS? I just started seeing the term since ... [More]
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Posted At : September 16, 2008 1:19 PM | Posted By : R Camacho
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According to the Las Vegas Review Journal, some lucky people are making money on foreclosures. The writer interviewed some of us in the industry who are thriving in this market (http://www.lvrj.com/business/28385054.html), but neglected to interview any investors! And while this is still not a market for flipping homes, savvy investors continue to gobble up some great rental properties.
Mike F, the LVA reader I mentioned recently, just closed on his $54,000 2-bdrm. rental home yesterday. He had closed on his $70,100 2-bdrm. condo late last week. Ahhhh, the sweet sound of cash flow coins dropping into the register. Cha-ching.
My phone was ringing yesterday over my comment in the article, and I'm now looking for homes for several new clients. From listening to these readers/callers, it appears not all Realtors put their client's needs first. Go figure.
Mortgage rates are down. If you haven't locked your loan yet, you should check in with your mortgage banker today to discuss whether it's time to lock.
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I am currently unable to be financed so I can’t buy. That should change, and I want to be ready. When I did have financing, most realtors “guided” me to the more expensive areas. I did not like the homes; the areas or the realtors. Right now, I am a waste of any realtor’s time. Doing my own research has been a golden time for me. Checking out these properties via the internet or by cruising the neighborhoods has been a fascinating education on my adopted cit(ies).
Thank you, Robin. I have gained so much from your articles, blogs and “Top 10”. It is a validation to recognize a property on your “Top 10” or top 50 because it is on my list. And it is a validation to find your clients have been happily buying into this group of homes.