Cash or Credit for Your REO Purchase? 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 litigat... 03/23/2010

Welcome Home to SW Las Vegas Communities: Copperhead Trails Ranging from 1136-1526 Square Feet 304 Single Family, Detached Homes Built from 2003-2006 by LBM Community Amenities Include Pool & Playground Located Near the Cross Streets of Warm Springs & Tenaya Minutes from the 215 Beltway ramp @ South Rainbow or Buffalo which is good proximity to McCarran Airport, UNLV, South Las Vegas Strip Entertainment and Employment Centers. Close to Arroyo Grande Shopping Center, St Rose San Martin Campus Hospital, Professional Offices, Restaurants and Local Gaming Click here to view the most recent Copperhead Trails Homes for Sale. View Larger Map 12/31/2009