Las Vegas Listing- Condo - Just Sold - Summerlin area Short Sale Sold

This condo closed recently for $64,900.

This was a Bank of America Short Sale. (Yes, we can close Bank of America Short Sales!)

If you are looking to list your home on the in the Las Vegas area give me a call.

Dawn Barrier

Century 21 Aadvantage Gold

2 offices to serve your needs (North and South)

Las Vegas, Nv

Dawn Barrier | Century 21 | (702) 812-4550 8324 Charleston Blvd #1031, Las Vegas, NV Las Vegas Condo, Summerlin Area, Beat the Bank, Short Sale Listing 1BR/1BA Condo offered at $59,900 Year Built 2006 Sq Footage 862 Bedrooms 1 Bathrooms 1 full, 0 partial Floors 1 Parking 1 Car garage Lot Size Unspecified DESCRIPTION As you walk into this Pulte built condo with direct access garage you will notice that this condo has been well taken care of and is almost like new. The kitchen has Corian counters beautiful Oak cabinets, dishwasher, refrigerator, stove and microwave. A breakfast bar ready for a couple of barstools. Custom diagonal set Tile floors in kitchen, dining area, entry, main living area, laundry room. This is a spacious condo not far from shopping, like Boca Park and the Summerlin area. Easy trip to Red Rock, golf, recreation. There is a dining area/nook that has sliding glass doors that go out to the covered patio. Large laundry area with washer and dryer shelving, extra storage space. There is also huge walk in storage area for bikes,etc. Located in a Gated Community that includes a nice pool to take a dip in or just lounge around. Nice well kept mature landscaping with trees and grassy area. This would be Great for a First Time Home Buyer, a nice Vacation-2nd home or even an Investment property as well. Modern Ceiling Fans & Lighting. see additional photos below PROPERTY FEATURES Central A/C Walk-in closet Tile floor Living room Dining room Breakfast nook Dishwasher Refrigerator Stove/Oven Microwave Washer Dryer Laundry area - inside Balcony, Deck, or Patio COMMUNITY FEATURES Swimming pool(s) Gated property OTHER SPECIAL FEATURES COMMUNITY INCLUDES POOL ADDITIONAL PHOTOS Photo 1 Photo 1 Photo 2 Photo 1 Photo 1 Contact info: Dawn Barrier Century 21 (702) 812-4550 For sale by agent/broker Equal Opportunity Housing

http://www.LasVegasDawn.com

Las Vegas Short Sale Agent

Last night the Senate voted cloture on a bill that includes the extension of the first time home buyer tax credit.

While this is not the final vote, it effectively seals the deal on the plan to extend the $8000 first time buyer credit through April 30th and expand said credit to move-up buyers on a smaller ($6500) scale.

Check out Diana Olick article ...
CNBC Real Estate Reporter
Home Buyer Tax Credit Done: Does it Matter?

The extension is also an expansion, giving some move up buyers $6500 more in purchasing power, but that's only up to the income cap of $150,000 for single filers and $225,000 for joint filers.

While Las Vegas is always the top in the nation for this title of foreclosure filings, this does not mean all those will become foreclosures.

The amount of Las Vegas Short Sales in the MLS that are in Pending or Contingent status is as of today, is at 8,719 per our local MLS stats for resale homes/condos,etc in the Las Vegas area.

The amount of Las Vegas Loan Modifications in process is also huge.

Because of just these 2 factors (there are more), many of the foreclosures will get delayed, we hope permanently, but if nothing else, we could see 3-6 months delays, just based on current activity.

What this means is that for every Notice of Default that is filed on one of our Las Vegas Short Sales, we fight like HECK to get them closed as soon as we can to beat the sale date or we fight like HECK to get the foreclosure sale date postponed until we can get it the deal sold and closed.

Sometimes you can be 3 months into a Bank of America Short Sale and may have already put off a foreclosure sale date or two and may still fight to do it once or twice more before the home closes escrow.

There are still many that will foreclose as unfortunately from what I'm seeing is many homeowners who don't qualify for a loan modification they may be unaware that they could do a Las Vegas Short Sale to avoid the foreclosure.

The banks are always saying "we don't want to foreclose" , so if that is the case,, it may indicate they will be more willing to do the short sales and postpone the foreclosure sale date. Although some banks can move a short sale thru their system in 60 days, many of them can't , we can hope the process will become quicker but don't hold your breath. So again, this makes the numbers a bit skewed as it adds more delays.

So on one hand I'm optimistic that a lot of Las Vegas Short Sales will close and avoid foreclosure, the other hand feels we may be just delaying the possible recovery in our market and many foreclosures will still go thru.

Pending home sales rose again, marking eight consecutive monthly gains - the longest streak since measurement began in 2001, according to the National Association of Realtors®.

Lawrence Yun, NAR chief economist, said the momentum is understandable. "What we're witnessing is a rush of first-time buyers trying to beat the expiration of the tax credit at the end of this month," he said. "Home values will stabilize sooner rather than over-correcting. That, in turn, will mean wealth stabilization for the vast number of middle-class families and lay the foundation for a durable economic recovery."

READ the whole article here....Realtor.org

Las Vegas area Pending and Contingent sales or resale homes are as of today per our MLS stats at 14,766. That is a great number to have, but it may take months to close a lot of them due to 8,719 of them being Las Vegas area Short Sales.

Well, if you are not making pie, here is a place you can donate them to "The Pig Farm in North Las Vegas, Nv.

This is the same pig farm that has been a feature of "Dirty Jobs" TV show.

R.C. Farms, Inc., is a pig farm that has been in North Las Vegas since 1963

The farm is at 555 E. El Campo Grande Ave., west of Losee and south of Tropical

Dawn Barrier
Century 21 Aadvantage Gold

A Las Vegas Short Sale Agent Real Estate Professional

Certified Short Sale Professional

Dawn Barrier Century 21 Aadvantage Gold
2 offices to serve your needs (North and South)
Las Vegas, Nv
(702) 812-4550

My Website

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