Tuesday, March 18, 2008

Foreclosure Website Showcasing Listings

We all have heard there are a ton of foreclosures in Las Vegas spuring a host of foreclosure services from bus tours to specialzed agents. It is truly like panning for gold when searching for a foreclosure.

Sure the home home is going for $100k or more less than other listed properties in the same area BUT you have to consider cash out of pocket to get the property either rent ready or livable.

We have seen some pools that could double for Loch Ness meaning there is some serious work needed to be functional. Some of the foreclosures are picked clean. The former owners or tenants have removed all of the appliances, fixtures, celing fans, lighting and in some cases the carpet and pad.

Be aware and don't settle for something because its cheap.

One of the biggest problems is there are no photos online to compare apples to apples. This is why we have started
TourLVForeclosures.com , a Website dedicated to giving you photos and video of foreclosures in Las Vegas. We are starting with Summerlin specifically and moving from hotspot to hotspot in Vegas. Check it out today!

Friday, March 7, 2008

Nationwide Lender Blacklists Condo Projects

In Business March 5

Lenders such as BankUnited have elected not to lend to some areas because of declining prices and foreclosures. The South Florida Business Journal reported that Bank United drew up a non-permissible condominium-project list of 191 condo developments in Las Vegas and Florida that it wouldn't finance.

The list included such Las Vegas projects as Allure, the District, Manhattan, Newport Lofts, Panorama, Park Avenue, One Queensridge Place, Meridian at Hughes Center, Sky Las Vegas, Soho Lofts, Turnberry Place and Turnberry Towers.

Local brokers, however, said they haven't used the lender for high-rise loans and cited other options.

Wednesday, March 5, 2008

We need Inventory - Condos, Townhouses and Homes

If you have a condo, townhouse or home that is vacant and you need a tenant call us.

We have tenants looking for rental properties all around the Las Vegas Valley. We are a full service property management company who will find a tenant, lease your property and manage it monthly by collecting rent along with a host of other services.

Give us a call or check out www.PropertyManagerLV.com for list of services and pricing.

Triple8 Associates

Monday, March 3, 2008

Pinnacle High Rise Project Dead

Pinnacle Las Vegas, a high-rise condo project planned for the former site of Falconi Honda on Tropicana Avenue, has been canceled as reported in the real estate section of the Las Vegas Review Journal.

Las Vegas Vacancy Rate Goes Up

RISING VACANCY: Apartment vacancy in Las Vegas rose to 9 percent in January, up from 8.4 percent in December, CB Richard Ellis, a commercial real estate brokerage, reported. The breakdown by class shows 7.76 percent for Class A (28,082 units), 9.38 percent for Class B (42,000 units) and 9.67 percent for Class C (26,148 units) as posted in the Review Journal

Vantage Lofts Construction Halted

The RJ reported that Construction has stopped on Vantage Lofts in Henderson and the sales center is closed while Slade Development works out a new financing plan. Vantange expects financing will be in place within the next couple of weeks and then he'll proceed with construction. More as it breaks.

Saturday, March 1, 2008

Sunrise Fast Pitch Software Opening Day - Ice Breakers

Our sincere thanks to Justice Adams and her parents Teresa and Keenan, for asking us to sponsor their softball team. To the Ice Breakers Team, the Coaches and families, we are honored by the invitation and feel sincerely blessed we were able to say yes.

We attended opening day for the Ice Breakers 14 and under - Girls Fast Pitch Softball Team and will continue to cheer them on throughout the season.

Olivia and Jason of Triple8 Associates are REALTORS in our community and support team spirit and learning through sports which we feel is an important part of growing up.
Coaches, Team Mom, The Ice Breakers and Olivia from Triple8 Associates Real Estate Brokerage

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