After spending the past few months writing offer after offer in an effort to get our clients a well priced foreclosure deal, and playing the "highest & best" game, finally an article has been written stating the market has bottomed:

When the news is bad - there are articles galore - but when there is a strong rebound and a feeding frenzy of buyers trying to snag a low priced repo - and 12,000+ homes and condos under contract in the Las Vegas MLS - nary a word in the national media about the incredible sales velocity Vegas real estateis experiencing. Kudos to Hubble Smith of the Las Vegas Review Journal for finally breaking the news that all active Las Vegas real estate agents have known for the past several months.
Yes - the bottom is in, but it is our opinion that it will be a long "L" shaped one, graphically speaking. For those looking for a Las Vegas condo foreclosure or luxury home foreclosure CONTACT THE STARK TEAM at 702 376-5220. We know the ins and outs of the foreclosure and REO game.
We also have access to developer close out deals and off market listings in luxury high rises, lofts, and new homes. For those who wish to avoid the bidding war process - there are alternatives.
Ever since Deutsche Bank has foreclosed upon Bruce Eichner's Cosmopolitan Resort Las Vegas Condo Project - the channels of communication have been virtually non existent between the new regime and the condo buyers, real estate agents, and the press. For such an iconic project, with a tremendous presence in the heart of the Las Vegas strip, news has been totally non existent.
Primely located across Harmon Boulevard from the new MGM CITYCENTER, the views from these towers are some of the best in Vegas.
A good thorough investigative report was released in the Las Vegas Business press this week.

We took this photo from The Beach Club Tower at the end of 2008.
Love the tower's shadow in the Bellagio Fountains!
Looking for a Vegas Strip Vicinity Condo or Foreclosure?
Visit:
702 236-8364 702 376-5220
Cool! Hip! Sleek! Modern! Over-the-top in Design and Decor - Life at the Top of SKY LAS VEGAS on the STRIP!
Wondering what living on the Vegas Strip would be like? Looking for a luxurious change of venue for awhile? Check out the Virtual Tour of SKY PH 4302!
What's the Price? $22,000 per month
The SKY LAS VEGAS HOA permits 3 month minimum rentals.
Marble Flooring, Multi-Level Luxury!

Call June Stark at 702 376-5220 for an appointment to view
Looking for other condos on the strip for rent?
SEARCH CONDOS FOR RENT ON & NEAR THE VEGAS STRIP-CLICK HERE
Call Travis Scholl for all your Las Vegas High Rise rentals needs. 702 232-5376


Turnberry Towers West, one of Las Vegas' most beautiful and graceful luxury high rise buildings, has been taken over by one of its partners, Prudential Insurance of California.
CLICK TO READ THE TURNBERRY TOWERS WEST LAWSUIT NEWS
CLICK TO READ THE TURNBERRY TOWERS WEST LAWSUIT

West Tower is the Leftmost One

These condos at Turnberry Towers have some of the nicest floorplans and designs of any condos near the strip, and offer the convenience of a great location, just a block east of the Vegas strip and across from the Las Vegas Hilton, Many buyers walked from their deposits because condos in the east tower could be bought on the resale market at lower price points than the new ones they were supposed to close on, in the West Tower. Turnberry condos in Las Vegas have always been some of the most sought after ones because of the variety of amenities, and services offered and the reputation Turnberry Associates has earned for using quality materials and elegant design. These towers sit on a large site and offer two resort style pools complete with beach entry, outdoor kitchen, pet park, putting green, tennis court, and lushly landscaped grounds. I find these Turnberry Towers strip area condos to be a perfect blend of urban lifestyle and resort appeal.
VIEW ALL THE SHORT SALES AND FORECLOSURES AT TURNBERRY TOWERS HIGH RISE CONDOS
CONTACT THE STARK TEAM for all your Las Vegas CONDO Needs
702 236-8364
Potential Las Vegas high rise condo buyers may be able to purchase condos on the south strip in One Las Vegas for as low as 50 cents on the dollar. The project has been foreclosed upon by Corus Bank and the 2 towers, are situated in a great location in the popular south strip area.
READ THE ONE LAS VEGAS FORECLOSURE NEWS
A few weeks ago, one of the few owners in ONE LAS VEGAS, asked me to list her condo as a short sale. My first step was to call Nevada Title Company, and ask the escrow company that issued the title insurance for the original owners whether clear title could be issued. The answer was, "no". It seems there are so many existing liens on the building that title insurance is problematic at this time. I am sure that Corus Bank will have to provide some sort of a work around for that issue.
If you are a potential high rise condo predatory buyer....these luxury foreclosures at ONE LAS VEGAS may be just the type of property you are waiting for.
CONTACT THE STARK TEAM for more info at 702 376-5220.

www.Las-Vegas-Foreclosures.info
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved