MGM RESIDENCES BUYERS BEWARE?

Jadima007
Jadima007
Home Buyer
Chino, CA

ANYBODY THERE . PLEASE CONFIRMED THAT OWNER OF UNITS AT MGM RESIDENCES SHOULD KNOW THAT THE BUILDINGS, LAND, COMMON AREAS AND THE PARKING SLOTS ARE OWN BY MGM CORPORATION AND NOT BY THE HOMEOWNERS ASSOCIATION.
THIS MEANS THAT IF MGM HOTEL CORP. PULLS OUT AT THE RENTAL PROGRAM, THE UNIT OWNERS WILL HAVE TO PAY FOR OR BUY A SLOT TO PARK THEIR CARS.
IN THIS CASE, THE VALUE OF THE UNIT WILL FURTHER GO DOWN.

Mon Jun 15 2009, 16:08 - Home Buying in Las Vegas - No answers

Your Answer

5000 characters left
No spam please! When in doubt, please refer to our Community Guidelines.
Web References (optional)
 
 
Cancel Answer
 
Helpful
 (0)  
Email Alerts
Send to a friend
Save
Report  

Didn’t find what you were looking for? Ask a question!

More Q&A about Home Buying in Las Vegas

View all »
A.V., Home Seller in Las Vegas, NV
I am looking at buying a couple places for investment in Las Vegas. Looking at REOs. My realtor is suggesting that I need to write 4-5 offers &
Answered Sun Nov 29 2009, 17:11 by A.V. in Las Vegas
Read all 7 answers
Diane Varney, Real Estate Pro in Las Vegas, NV
Can you tell how much is land tax please for non US Citizen?
Answered Fri Nov 27 2009, 04:03 by Diane Varney in Las Vegas
Read all 2 answers
Ian Palast, Real Estate Pro in Las Vegas, NV
I would like to see what I would qualify for for a VA loan in Las Vegas. My total income is $985. per month with a VA Pension. Bruce G. Russell
Answered Sun Nov 22 2009, 17:16 by Ian Palast in Las Vegas
Read all 4 answers
Damon Bottic…, Real Estate Pro in Las Vegas, NV
how much are homes still dropping in value in las vegas, nv?
Answered Wed Nov 18 2009, 18:42 by Damon Botticelli in Las Vegas
Read all 3 answers
Patrick Thies, Real Estate Pro in Elmhurst, IL
I placed an offer which was accepted by the seller on a Las Vegas home 7 months ago. The listing agent/broker say they hear nothing from the bank.
Answered Mon Nov 16 2009, 08:20 by Patrick Thies in Las Vegas
Read the answer
View all Home Buying questions and answers in Las Vegas »
Search Advice
e.g., "foreclosure", "short sale", "mortgage"
e.g., "San Francisco, CA", "New York, NY"
SEARCH

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

View all » 1 - 3 of 385
Map these properties
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback