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Market Conditions in 89148 : Real Estate Advice

  • All41
  • Local Info5
  • Home Buying10
  • Home Selling3
  • Market Conditions2

Activity 88
Mon May 6, 2013
Jen and Mark Bowman answered:
Lost mail goes back to the post office.

Jen and Mark Bowman
Keller Williams Realty
0 votes 3 answers Share Flag
Mon May 20, 2013
Edith Karoline Jasser answered:
Is there a question? I am not sure what it is that you want to know. the link shows a property as a public record listing in the link it states SOLD, if you are looking for a property in Vegas, work with a Realtor, who will be able to double check on availability of properties, and also answer all other of your questions concerning certain properties you may be interested in.
Good Luck to you

Sincerely yours,
Edith YourRealtor4Life & Chicago, North Shore & Northern Illinois Expert
Working always in the very BEST interest of her clients, Buyers, Sellers and
Investors alike....And always with a SMILE :)

Covering for @Properties Chicago & suburbs, and with her trusted Partner
Agents US & world wide properties. French, German, some Spanish &more or
Check out my website at
Get to know me! Learn about my experience, expertise, services! Read letters
of recommendation! Sign up to search for properties in my expanded service area.
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0 votes 5 answers Share Flag
Thu Mar 28, 2013
Clay Isley answered:
Within 1 mile of Cheyenne and Michael there is currently 17 single family style homes listed. Price range from about $95000 to $235000. Feel free to contact me for details, or to discuss. Clay Isley 702-370-9833 ... more
0 votes 7 answers Share Flag
Sun Feb 17, 2013
Mike Hoffman7 answered:
Act quickly and make the offers as simple as possible. List on homes under $200k will not be likely to get it done. Fannie, Freddie and HUD homes may give the owner occupied purchaser a chance to get in before cash investors. ... more
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Tue Feb 19, 2013
Douglas Miller answered:
460 per month Please call me with any question 702-592-2817 Doug Miller Re/Max Extreme
0 votes 7 answers Share Flag
Mon Feb 4, 2013
Matthew D'Ercole answered:
I did a search for you and Cold St. is not for sale. The listing in your question in on 864 Greenbrook. It has 8 pictures. Please email me details of which property your asking about and details of what you're looking for and I'll send you homes that are available with lots of pictures. We specialize working with buyers and investors. Thanks, Kim and Matt

Matthew D’Ercole
Prominent Realty Group, LLC
Buyer / Seller / Property Management
Cell - 702.501.0973
Website -
... more
0 votes 3 answers Share Flag
Tue Jan 15, 2013
Matthew D'Ercole answered:
It's very nice but this home has been leased. Please email me and I'll send you some homes that match your criteria. Matt
0 votes 3 answers Share Flag
Wed Jan 16, 2013
Phil Rotondo answered:
Check out:
0 votes 10 answers Share Flag
Tue Dec 4, 2012
Ron Thomas answered:
In order to make an offer on a HUD home, you must have a HUD certified Buyer's Agent representing you:
They will guide you on the in's-and-out's of a HUD purchase.

From where I stand, (400 miles away), you would be wasting your time by offering $25,000.
$35,000 would probably be "highway robbery" and many HUD homes go for a little more than LIST.
But that is what your Buyer's Agent is there for; to do a CMA and guide you.
... more
0 votes 6 answers Share Flag
Mon Nov 12, 2012
Nakia Woodson answered:

This property does not have HOA fees. This property also sold on 6/15/12. If you are interested in finding similar properties, please contact me.


Nakia Woodson

Wardley Real Estate
7670 W. Lake Mead #100
Las Vegas, NV 89128
... more
0 votes 1 answer Share Flag
Fri Apr 4, 2014
Robert Adams answered:
It says in the description in the link you provided "willow creek guard gated community"

Best Regards,
Robert Adams
The Adams Team at
Rothwell Gornt Companies
... more
0 votes 12 answers Share Flag
Wed Nov 7, 2012
Wendi Williams answered:
Hello, Abner.

Many of our investors feel as though multi-family complexes simple could not compete with single family residentials (SFR) over the last couple of decades. We believe that this is the reason no new developments have occurred. No Demand.

However, cap rates for multi-family units in Las Vegas are closing in on cap rates for single family units with a straight lease. This is not true for SFR's with lease/option tenants at this time. As of now, we have not seen any multi-family units that come close to SFRs under $100k that have a lease/option tenant.

Lease/option tenants in SFRs under $100k generally have cap rates approaching 15%. Problem is...SFR's are very few in this current market, and Multi's are coming in. We will be happy to furnish you with case studies.

If you decide to go forward, here are a few multi-family properties we recommend:

Although some appear to be dated, the rehab on many is quite minimal and could bring a great return (calculated for you in the link above). Our investment partners have scoured the Las Vegas Metropolitan Area searching for the best deals around. The surveys found in the list above include condition, desirability, income, equity, and more!

Additionally, feel free to use our MLS Integrated webpage to browse around ALL current available multi-family properties:

These are our procedures for getting started:

Please don't hesitate to contact us with any additional questions you might have.

Clinton A. Lewis Jr.
LV Property Search
Limestone Investments, LLC.
(702) 619-6214

Investor Tips:
Investor Mistakes:
Investor Fees:
Investor Testimonials:
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0 votes 3 answers Share Flag
Tue Oct 23, 2012
James Bellile answered:
One year after BK discharge date for unconventional loan options requiring 20-30% down payment. Three years after BK discharge date for conventional loan options (as low as $1 down for VA loans and 3.5% for FHA loans).

James Bellile
iProperties International
... more
0 votes 7 answers Share Flag
Wed Feb 13, 2013
Shanna Rogers answered:
Hi debragiannoit,

To get your short sale approved by your lender(s) you have to prove financial hardship. If you were able to prove this and your situation has not changed, you still have a financial hardship. That said, no matter what the current market value, you still cannot afford the property. Now, if you really don't have a financial hardship, you shouldn't be doing a short sale in the first place.

Shanna Rogers
SR Realty
... more
0 votes 7 answers Share Flag
Sun Sep 23, 2012
Matt Baldwin answered:
I would say no, the bank is just trying to minimize its losses in my opinion. The bank knows that someone will snatch it up right now because of the lack in inventory. We are seeing the same thing in Vegas! ... more
0 votes 5 answers Share Flag
Thu Sep 20, 2012
James Bellile answered:
Put an alarm in it. Get a dog. Get a house guest. Move back in. Install extra lights and/or leave the lights on. Post signs on the outside informing potential burglars of dog, alarm, and surveillance equipment. All are good options. ... more
0 votes 8 answers Share Flag
Fri Sep 14, 2012
RelocationPro answered:
HOA dues for CHATEAU NOUVEAU is currently $167 per month. The community amenites include gated, guest parking, clubhouse, exercise room, pool, playground and recreation room.

Let me know if you have any further questions


Rakeisha Smitherman-Muiruri
Motion Properties
... more
0 votes 2 answers Share Flag
Thu Mar 21, 2013
David Cooper answered:
Sat Jun 23, 2012
Thomas Bohlmann answered:
Not sure if this will happen. The Big Hedge fund houses are buying up the REOs in bulk, rehabing and listing for sale.

So until it actually happens, don't hold your breath.
0 votes 2 answers Share Flag
Sat Jun 23, 2012
Matthew D'Ercole answered:
HOA - 60 per month. Summer utility costs 550 to 600 per month, Winter 250 to 300. Taxes 6,300.
Insurance ? Security System 50 per month. I know Desert Shores very well. We've lived in the area since 1976. Let me know if you'd like to view this home and if I can send you some other listings we have? Feel free to use our web site for current listings as well. Matt and Kim

Matthew D’Ercole
One Source Realty and Management
Cell - 702.501.0973
Website -
... more
0 votes 3 answers Share Flag
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