Altair At Green Valley (Henderson, NV)
By Cynthia Luna
(Windermere Prestige Properties)
Does anyone know because i sure don't!  Pleae refer to my blog before for more details regarding this.  We went to court in November and the judge said he needed up to 2 weeks to decide.  We received our answer in February that we were to recover nothing!!!!  I at least thought if it was taking the judge this long to respond, we were going to get back something, but to wait over 3 months to get zero???  We also did not get any reason why we received nothing back of our $5000 lease option, although the owners never disclosed a construction defect that made it near impossible to finance with less than 20% down (which we didn't have and ended up buying FHA with Nehemiah).  We are still just dumb founded that owners can hide the fact that a property has construction defects (we had received...
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
The absorption rate for Las Vegas Valley Area Short Sales went up slightly for November 2008.  Absorption still remains high and just slightly above the 2 year mark.  Inventory has risen at a slower pace than normal (+52 units).  Pending units has also decreased by -120 units.    Solds have  decreased by -51 units.  There are many reasons for the lack of closings in this market and it is outlined in this post.  Short Sale Synopsis: Listings 12/11/2008: 6742 Pending 12/11/2008: 2078 Closed November 2008: 247 Month's Inventory: 27.3 (=2.3 Years Inventory.) Short Sales Currently Account for: 31% of All Las Vegas Valley Listings 9.7% of All Las Vegas Valley Sales One thing you really need to consider when buying or selling short is to make sure the list agent is EXPERIENCED in this niche. ...
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Henderson, NV Real Estate Professionals