About Las Vegas' Huntington

Dawn Barrier SHORT SALE SPECIALIST, SFR® Las Vegas Short Sale Realtor®

For those sellers that have a true Short Sale Hardship, Most lenders will pay the agents commission

Las Vegas Short Sale Realtor® Dawn Barrier*

Don’t wait until it is too late! Many wait to long to attempt to short sale their home and the lender won’t stop the foreclosure process so don’t delay, call now!

My friend has lost her two dogs from her home in Huntington Village (Rhodes Ranch – Blue Diamond SW Las Vegas Area!) I am very concerned because there is an abundance of open desert in this area and they have been missing for two days already!

Ramsey is a puggle who loves to run and play.

Riley is a pitbull terrier who is just sweet as pie.

Ramsey was Bobchow’s first bestie dawg friend when we first got him and he (along with his family) will be heartbroken if we cannot find this pair! PLEASE repost this if you live in the SW Las Vegas Area to help find Ramsey (the puggle) and Riley (the pitbull).

Rhodes Ranch Area Resale Market Report (homes for sale, pending and sold):

• Active Listings (4/15/2011):  315
  
• Under Contract (4/15/2011): 371
• Sold March 2011:  78
  
• Low:  $42200 (Vistana Condo)
• Median:  $115500 (Huntington Village)
  
• High:  $388000 (Rhodes Ranch)

Rhodes Ranch Area Rental Market Report (homes for rent, contingent, leased)

• Active Listings (4/15/2011):  100
  
• Under Contract (4/15/2011):  36
  
• Leased March 2011:  77
  
• Low:  $645/month (Vistana)
• Median:  $1195/month (Canyon Trail)
• High:  $2200/month (Rhodes Ranch)

Last Month's Market Report

Includes: Apache Hills, Apache Springs (The Falls), Astoria Homes at Rhodes Ranch
(Independence), Canyon Trail, Huntington, Liberty @ Warm Springs, Maplewood, Rhodes
Ranch, Richmond@ Rhodes Ranch, Sierra Madre, Venezia, Vistana.

Rhodes Ranch Area Community Information, Listings & Homes for Sale

Rhodes Ranch Area Most Recent Real Estate Market Report

More Las Vegas Communities Here

As a Las Vegas Homeowner, maybe your bank or a friend has mentioned that you should do a short sale.

As a Las Vegas Area Home Buyer, maybe you have been looking at some short sale listings.

A Short Sale is when a homeowner is asking lienholder(s) to forgive part of the debt owed on a home.

It is a sale contingency, which means that the executed contract & sale is contingent on the third party lienholder(s) approval. It should be looked at no differently than a financing contingency, home inspection contingency, appraisal contingency or any other contingency listed in the purchase agreement.

Many people think that the lienholder(s) have control in executing the contract but that thought is false. The short sale sellers still have complete control of decisions made on the house, the lienholder(s) just send them price, terms and conditions that they will have to approve to complete the short sale.

A short sale is an extremely complicated type of contingency and sellers and buyers should ask many questionsbefore they list their home or write a purchase agreement as a short sale. Many short sale buyers and sellers get very frustrated in the middle of the short sale transaction because they are not educated well enough about the process.

You can read more about purchasing a Las Vegas short sale right here.

You can read more about listing a Las Vegas Short Sale right here.

If you have any questions and you are not already tied to a Las Vegas area real estate agent, I will be happy to answer them via email or phone.

Have you ever seen anyone drive by your home slowly and take a picture of your home? Wouldn’t that be creepy?

It happens quite a bit and for different reasons:

• Sometimes when your insurance policy needs to be updated
• Sometimes when an appraiser is using your home as a “comp” (or comparable) and there isn’t a good exterior photo available in public records
• Sometimes a Tax Assessor may need to update the file
• Sometimes when the home is in default, being sold as a short sale, or the lienholder needs to “update” a file a BPO is ordered

A BPO is short for a “Broker Price Opinion”. Basically a BPO comes in two forms: interior or exterior (commonly known as “drive by”.)

Interiors are commonly ordered for pre-list REO second opinion pricing, deed in lieu of foreclosure or a short sale.

Exteriors (the “Drive-By”) is commonly ordered for short sale, default and simply updating a file. Please NOTE: You do not have to be in default to have an exterior BPO ordered. I do not want tenants paranoid or freaking out about this! Here is a short tutorial on how to find out if a Las Vegas Area home is in default.

Our goals are different from appraisers. Appraisers value the property and BPO agents formulate marketing strategy and analyze a list price for the home in today’s market.

Most BPOs are ordered from third party systems and we do not (generally speaking) receive orders from the lienholder or investors themselves.

Please feel free to ask questions about this process if you have any! I have performed close to 2000 BPOs since 2007 and I just wanted to let potential occupants of these homes know what is going on with this tutorial. Back in 2007 most homes were unoccupied but since this past spring many of the homes ARE occupied.

When you see me (or us) there is no need to panic, we are not here to “take your home” nor are we here “casing it for burglary”. If you are curious why you may have been subject to the BPO, call your mortgage servicing company or your insurance company before you call the cops!