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henderson: Good Things to Know About the REO or Bank Sale Closing Process - 03/14/08 12:30 AM
Good things to know about the
REO-Bank Sale Closing Process:
•1. The Seller- In an REO transaction the Seller is an out of state bank. The bank contracts a 3rd party asset management company which represents them in the transaction and approves the final escrow closing. All correspondence is done by email, below are a few items performed by Escrow to help you understand the closing process.
•2. Title Commitment (prelim) - There may be unforeseen vesting and/or lien issues on the title report that will require Escrow and/or Bank Seller to correct before closing.
•3. HOA Demands (payoffs)- Processing time to obtain … (0 comments)
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henderson: Important Information Regarding REO Closings in Las Vegas, NV and Henderson, NV - 03/14/08 12:07 AM
IMPORTANT INFORMATION REGARDING REO CLOSINGS IN LAS VEGAS, NV
My title representative, Valerie Grijalva, from First American Title Insurance Company, gave us this information at our real estate sales meeting yesterday in Las Vegas regarding Real Estate Owned (REO) properties. I'm sure that if First American is experiencing this issue, the other companies are too. As an agent, I recommend using this knowledge to prepare your buyer clients and to help control their expectations. This information is very relevant and helpful for what is going on in our industry right now:
We are experiencing increasing delays in obtaining HOA lien demands from almost all the trustee … (1 comments)
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henderson: Las Vegas Market Update by Dana Whittaker - 04/25/07 08:51 PM
I caught the 2007 Las Vegas Perspective on the news this morning in Las Vegas, on KVBC channel 3. Because of our strong internet presence for real estate in Las Vegas, on www.DanaAnderson.com, we have many clients from out of state asking for this kind of information because many people are still considering making the move to our wonderful area. 8000 people per month in fact, are moving to Las Vegas and Henderson in the Clark County area of Nevada, according to the report.
The Las Vegas population is up 5.3% from last year to a whopping 1.9 million people. Can we be considered … (0 comments)
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henderson: Las Vegas Real Estate Prediction by Chris Whittaker - 04/21/07 01:10 AM
I have two topics that I wanted to include in this blog. The first is a long overdue appreciation map of the Las Vegas and Henderson Real Estate areas in Nevada. This map compares appreciation rates from 2005 to 2006. There are some flat areas, a couple up markets and many slightly negative parts of town. The majority of the up markets are markets that were late to get the rush of investor money back in 2005 and 2004. These are the east side (where you could still find a moderate sized home in the low $200,000's) and the center of town where … (0 comments)
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Dana Anderson Whittaker
Las Vegas,
NV
More about me…
Keller Williams Realty Las Vegas
Address: 3090 S. Durango , Suite 100, Las Vegas , NV, 89117
Cell Phone: (702) 300-7653
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Las Vegas and Henderson Real Estate information provided by a local, full-time, real estate professional and business coach. Get our opinions on Las Vegas and Henderson market data, appreciation, projections, commentaries, lending information, investing, areas of town, builders, homes, land, condos, townhomes, high-rise condos and hotels, lofts, relocating, 1031 exchanges and living in the most exciting city there is. We'll talk about Las Vegas, Henderson, Summerlin, Green Valley Ranch, Seven Hills, Anthem, Southern Highlands, The Strip and More.
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