About Las Vegas' Macdonald Highlands

Cash is the obvious dominator with overall Las Vegas Area REO Purchases. Cash not only dominates but CRUSHES financed purchases under $75000. The primary reason is the stuff priced under $75000 is unhabitable and ineligible for financing or is condo ineligible for financing.

Asset managers for REO also may choose cash offers that may be lower than financed simply because financed offers have exceeded their appraised price on the property or because there are less contingencies and they can close quicker (which takes the asset - or liability - off of their books quicker.)

Condo financing is currently a challenge in the Las Vegas Area. Lenders want to see low investor concentration, low HOA deliquencies and no construction defect or other litigation against HOA or community. To determine if a condo is eligible for financing, a condo certification may be ordered from the HOA (this does cost money) and have it run by an underwriter.

Whether you are all cash or a financed buyer, you can search Las Vegas Area (Henderson & North Las Vegas too) homes right here for free and no obligation!

View other REO Stats for the Las Vegas Valley!

Last Month's Las Vegas Area REO Financing Profile Report

Learn More About Buying Las Vegas REO

What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports?

General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the average consumer probably asks, what’s that?) It means that I cover the cities of Las Vegas, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor & Spring Valley. They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite.

View More FAQ About My Las Vegas Area Real Estate Market Reports.

What would you like to purchase in the Entertainment Capital of the World?

I just invited Michael Yagi one of my preferred lenders to Active Rain yesterday and he can set you up with any type of loan your interested in.

Convertional, FHA, Non Convetional, Construction and Commercial.

Here is Michael's first posted blog to any network and I would like everyone to welcome Michael to Active Rain. Below his blog I have left his contact numbers if anyone is interested in getting financed to purchase in the Entertainment Capital of the World - Las Vegas - Nevada

Hi my name is Michael Yagi and I just joined Active Rain, this is my first blog

Hi there-

My good friend Robert Swetz invited me to join you guys. I'm excited to be a part of your group and look forward to creating new business relationships.

Just to tell you a little bit about myself, I am originally from the Bay Area and ended up down in Southern California to attend CSULB where I graduated with a BS in Finance in 1993. I stayed down there until 2000 and then moved out here to Las Vegas.

I thought I was going to become a stock broker after I graduated from Long Beach but I happened to interview with a mortgage company and landed a job as a loan officer! If you remember we were in the middle of a recession in the 1990's and no one had any equity in their homes (sound familiar?) so I ended up leaving the industry for 8 years and came back to it when I moved out to Las Vegas.

I was with Greystone Financial for minute and then I moved to Prime Cap Financial (where I met my wife) and now I am with Trusted Home Lending. We are doing some fantastic things here and have a wonderful home searching tool called the Home Buyers Scouting Report. It's a free service we offer to all of our clients and business partners. As a realtor, if you haven't seen it, please call us and we will set up a time for you to take a look at it. We've had the service for about 7 months now and are closing 2-3 extra deals on top of our normal business. In this market, I don't know who couldn't use some more business?

Looking forward to hearing from you guys! Take care and God Bless.

Michael

Michael Yagi
Senior Loan Consultant
Trusted Home Lending
Direct: 702-806-7022
Office: 702-818-1250
Fax: 702-818-1289
michaely@trustedhl.com


777S INC Consulting Firm
PO BOX 26443
LAS VEGAS, NEVADA 89126

Robert Swetz 702.443.7156

http://activerain.com/swetz777

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