Guy Ghanem

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Guy Ghanem, Real Estate Professional in Las Vegas, NV
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About Me
Serving Las Vegas since 1994. Specializing in Buying, Selling, Investment, Relocation, Short Sale and REO.

Whether you are buying or selling a home, it is a highly aggressive and competitive market at this time, which requires an equally aggressive and competitive agent. I have helped families from Las Vegas and around the country find a place to call home. As a resident of Las Vegas and Henderson since 1990, I've experienced the evolution our valley has gone through. I have bought and sold Real Estate in all areas of town and will bring my expertise as well as my personal and professional experience to work for you.

I am a certified NFSTI REO Specialist. I have experience with short sales, REO's and specialize in bringing buyers and seller together. Throughout my career i have worked with investors, banks and families relocating in and out of the valley.
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Liesl, Home Buyer in Dallas, TX

My mother is attempting to buy a bank owned property.

Asked Mon Jun 29 2009, 10:50 by Liesl  -  Foreclosure in Dallas  -  11 answers
Guy Ghanem answered:
If she is being told that it's a 4-6 month wait, then your mom is most likely attempting to buy a short sale property not a REO (Real Estate Owned) or bank owned. Bank owned homes typically give a response within 5-7 days and close in 30 days. Short sales have many hurdles and red tape to get through which is why they typically take longer. Although the offer is substantially lower, by the time the bank comes back with an answer, the property value will most likely be in line with your offer.

If you or your mom are not familiar with the process, ask your agent for a full explanation of how short sales and REOs work.

Good luck. - Mon Jun 29 2009, 11:03
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My Listings
3400 Cabana Drive, Las Vegas, NV 89122 3400 Cabana…
$107,500
3 br  2.0 ba Listing Web Site
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