Where can I find a web good site for foreclosed and bank owned homes in Las Vegas?
I want to buy my own place In Las Vegas/Henderson, Nevada. I am pre-approved for 7,000. Two-bedroom and two-bath. Either condo or house. Any good RELIABLE and TRUSTED sites that will give me a good lead or two?
One Response
J. Philip Real E
13 Nov 2009

Try realtytrac.com. They are used by AOL and many of the bigger portals.
Keep in mind that reliability is subjective, because the status of a home can change without notice (they get auctioned, redeemed, brought up to date, sold, etc), so sites that keep these databases cannot keep the information 100% accurate in real time.
I would ask a good agent with experience in foreclosures to represent you. If you choose the right one (track record, references, full time, etc) they can help you ask the right questions, advise you on the nuances, and save you money and headaches.
The point here isn’t just to find the property; bank owned REOs are listed and sold on the MLS. You need representation, because around here they are sold "as is" and you are required to pay the transfer tax. So get a good buyer agent to help you cover your rear.
There is probably a high inventory of REO’s in Las Vegas. Good luck.