Looking to buy a fixer upper in a (safe,decent, average or better) neighborkood of Las Vegas. Pretty straightforward question. Tell it like it is

Asked by Shinerup, Las Vegas, Las Vegas, NV Wed Nov 11, 2009

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Deluxe Realty’s answer
Deluxe Realty, Agent, Las Vegas, NV
Wed Nov 11, 2009
Some resources for you to determine neighborhood quality:
Crime: http://www.lvmpd.com/crimeviewcommunity/
Hipness: http://neighborhoods.realtor.com/Las-vegas/954/Metro

There are fixxer-uppers all over the place... are you looking to buy and live, rent, or sell? Makes a difference. Though more than 99% of Las Vegas RE sales $200,000 and under are cash sales, financing options are always available if you qualify.

I have found some great fixxer-uppers to be homes that are empty and on the market, and have had all the copper-pipes ripped out, selling for substantially less... put in some inexpensive plumbing and fix up the walls, and badda-bing, like new. I have found homes like this that are brand-new, never lived in.

If there are any questions I can answer for you, or if you're ready to search, just give me a call or e-mail; I can help.

Sincerely,

Mark Fleysher, MBA, Realtor
Broker-Salesperson
702-291-8186
http://www.markfleysher.com
Web Reference:  http://www.markfleysher.com
2 votes
Darrell Cype…, , Las Vegas, Las Vegas, NV
Wed Nov 11, 2009
Hi, Shinrup

There are plenty on fixer-uppers in Las Vegas. Just be aware they may not always be the best deal. Most fixers will require being purchased for cash since they will not qualifiy for FHA or VA. They are alot of Bank owned properties that just need cosmetic work are priced well, they are usually listed a little lower than market price and are bid up with multiple offers. Even at that they are still about 50% of what they were just a couple of years ago. In this market a Realtor can assist you greatly in finding what you want. The most important thing is finding out WHAT YOU WANT, after that it just a matter of putting in the criteria and seeing what is available. Then we do the comps for the area an see what is a fair price. You will find out pretty fast what the market is going for. We can assist you in finding anything, Bank Owned REO's, Short sells, fixer-uppers. As previously posted there are several websites you can reveiw for crime stats, school districts, ect. and its always a good thing to drive the neighbor hood so you get a good feeling of the area for yourself. Good Luck and if we can help please feel free to contact me.

Web Reference: http://darrellsellsLV.com
Realty One Group, Las Vegas, Nv.
1 vote
Paul Arroyo, Agent, Las Vegas, NV
Wed Nov 11, 2009
Hi Shinerup,

I work with Merit Realty, one of the biggest Reo Companies here in the valley. This gives me a big advantage when you are trying to secure a property. I can show you homes that are not on the market or homes that will never be on the market and are just Merit Listings. This help so we dont have to deal with the public and multiple offers. Send me what you are looking for or your email and i will forward some homes to you.
Call anytime...

Paul Arroyo
Merit Realty
702-768-2931
Website: vegashomes247.com
Web Reference:  http://www.vegashomes247.com
0 votes
Shawn Robins…, , Las Vegas, Las Vegas, NV
Wed Nov 11, 2009
I have found homes and Condo's for clients starting at $20,000 and up in all area's of the valley.
The most sought after area's seem to be Hederson and Summerlin also the NW is for the most part all new neighborhoods.
0 votes
Andrea Packo, Agent, Las Vegas, NV
Wed Nov 11, 2009
Hi
There are many "fixers" (most are REOs) in the city available. There is a high demand for them and many are sold for more than the asking price and very quickly. (So you need to be prepared to make a quick cash offer. Loan progams are getting pretty tight on loans for "fixers") A few homes will be available that need major repairs. I would be happy to help you locate the right ones for your needs.

As for the aspect of Safe - you can check out Crime rates at http://www.lvmpd.com/crimeviewcommunity/

Please visit my website for current listings under Property Search. Of give me call with your preferred areas and details like price range, size, # bedrooms, garage, etc.

Thanks,
Andrea Packo
Keller Williams MP1
702-279-7679
Web Reference:  http://www.andreapacko.com
0 votes
Richard Leci…, , Tucson, AZ
Wed Nov 11, 2009
By law no real estate agent can tell you what a "safe" area is (federal law). Everyones idea of safe or decent area is different. You must do your own research.
0 votes
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