Many of my buyers looking to purchase condos in the Las Vegas area are facing this problem. Due to litigation and/or investor occupancy ratios, over 50% of the condos on the market are available for cash only purchasing. Buyers have a difficult time understanding the guidelines that are in place by Fannie/Freddie/HUD. They are being urged to purchase and are receiving incentives to do so with the tax credit, but are limited on their options. With condo complexes that are approved for financing, buyers are having to face multiple offers and many times the financing is getting beat by the cash offers as well.

Please let me know if I may be of any further assistance to you.
Mary Preheim
marypreheim@realtyexecutives.com

I am not sure this is an appropriate place to solicit business.