A new Las Vegas city ordinance amends the municipal code making it the lenders' obligation to maintain vacant homes even if the property is about to default or go into foreclosure and the title is still in the borrower's name. Those who do not comply to the new maintenance requirements could face misdemeanor criminal charges that include a $1,000 fine and six months imprisonment.

The purpose of the bill is to "establish a program to reduce the amount of deteriorating real property located in the city." To do so the ordinance requires lenders to hire or designate a property manager for monthly inspections of the properties and to maintain and secure the property throughout the default and foreclosure cycle. This must continue until the property is no longer vacant. Properties that are vacant are required to be registered with the Department of Building and Safety by the lender. The registration fee is $200.

This bill comes in the wake of Las Vegas having a foreclosure rate that is six times the national average. The city has been hit particularly hard and is considered the epicenter of the nation's housing crisis. The vacancies of properties and neighborhood blight seem to go hand-in-hand and the city wants to prevent it as much as they can.

Martin International Realty offers a "white glove" property management service. Whether you wish to rent out your unit for short-term or long-term, we provide the most personalized property management services in the town!

Our company has a wing dedicated to property management services. We give our clients and their investments top priority. You or your property will not get lost in the midst of a large company with dozens of agents. Your investment will get the attention it deserves.

Corporate Rentals:

Additionally, if you are willing to consider your unit for corporate rentals we can help you in furnishing it appropriately in a relatively low cost fashion. We have a list of tried and tested vendors who have furnished several units/condo properties throughout Las Vegas. We are a leader in Las Vegas Corporate Housing and have a broad client base as well.

Our Strengths:

Here are some facts about our property management services which you would like you to know:

• We have a strong tenant base, developed by exemplary property management services, which keeps on growing every day.
• We have a fully active, user-friendly website which is updated frequently.
• We have extensive knowledge of the real estate industry and of hands-on personnel to ensure accessibility to both owners and tenants whenever anything needs to be addressed promptly and effectively.
• We follow appropriate procedures to ensure security of customer's information.
• We accept all Credit Cards.
• We manage your property with detailed reporting.
• We strive hard to increase your cash flow.

New property owners will sometimes self manage, hoping to save a buck by doing everything themselves. What they soon realize is that their time is money, and every hour they spend placing ads, showing properties, screening tenants, collecting rent and overseeing repairs cuts into their time and profits.

At Martin International Realty, our goal is to make managing your property a worry-free and profitable experience for you. As a full-service firm, we’ll take care of every aspect of leasing and managing your single family home, condominium or apartment complex.

Our Services for Unit Owners:

Once you sign a property management agreement with us, our services include:

• A complete inventory of the items in the unit.
• Pictures of the interior.
• Facilitate deadbolt installed and card reader disabled.
• MLS Listing of each unit.
• Virtual Tours.
• Lock box installed for easy showing.
• Showings from 9-9pm daily.
• Finding a tenant.

Screening the Tenant:

We ensure that your property is in safe hands by doing background checks, credit history, employment verification, rental history, sex offender registry, terrorists, criminal check, bad check registry, public records, and id verification. We will call you first to let you know what the situation is as far as the tenant is concerned and let you know the status of their background check, the amount of tenancy they are looking for and so forth. If you agree we will sign a lease with them, collect a security deposit, cleaning fee, and either a standard lease or our short terms lease. We will send it to you for a signature and then return a signed copy to the tenants.

Upon move out we will do an inventory check, take pictures, have the unit cleaned and ready for the next tenant / guest and address any repair issues. We will return the deposit to the prior tenant within 30 days less any monies owned for damages, or utilities final bills.

Unique Marketing Strategy:

We advertise on a variety of online websites including our sites..

• http://www.vegasluxurycondosales.com/
• http://www.jennifermartinrealty.com/
• http://www.househuntingsafari.com/
• http://www.meridianluxurycondos.com/

We are the Vegas High Rise/ Mid Rise Condo Experts and have a pool of tenants ranging from entertainers, models, actresses, NBA players, Baseball players, NFL Players, Famous DJ’s, Strip Entertainers, Headliners and staff, Medical Dr’s Plastic Surgeons, Dentists , Corporate Executives, and many others who have rented our units.

We do not share all of our marketing strategies here on our website or to any person because our marketing is such a huge part of our success that we would rather not share it with our competition. We do however spend thousands a month on marketing and promise to rent out your unit in a timely fashion.

What we ask from you is that you be reasonable in the amount of rent you and sign all documents in a timely fashion.

It’s that simple!

Service Charges:

• Our management fees are 10-15% of the monthly rents.
• Nevada reserve fees are 200. (Refundable to you after we mutually part ways)
• Set up Fees are $350
• Pay a leasing and MLS fee when the unit rents.

We are one of the #1 property managers in town for High Rise , Mid Rise, and Condos for Las Vegas. Furnished or unfurnished. We management units in every high rise, mid rise in Vegas as well as condos and homes all over the city.

We use state board approved forms, collect security deposits when necessary, accept credit cards for tenants, are completely paperless and a GREEN office. We do everything through the email and efax, with electronically signatures. Save a tree when you use our services.

For more information about our property management services, please call (702) 982-8888 or fill out our contact form.

What is short sale? A short sale is when you owe more on your house than it is worth and you sell it for less than you owe. For example, in 2008 you bought a property for $650,000. Now, in 2011, it is worth $300,000. To sell your house in this situation you would either have to pay the difference between how much it is worth and how much is owed or you could do a short sale.

Essentially, when you short sale, you are selling your property at market value no matter what you owe and the bank accepts that amount as repayment of your mortgage. Banks would rather short sale your home than foreclose on it because it costs less and they will net more money.

Looking to short sale your home? Short selling has become very popular in Las Vegas over the past few years because the values of many homes have declined. Since 2006, Jennifer Martin has successfully completed over 500 short sales in Las Vegas.

Behind on your mortgage? Looking for a better alternative to foreclosure? Want more information on short selling a home? Jennifer Martin, an expert in short selling, and Martin International Realty can help!

Contact us at:

Martin International Realty

626 Las Vegas Blvd S

Las Vegas, NV 89101

(702)982-8888

Or check out our website:

http://www.hafashortsale.com/index.html

The Meridian Community located only 2 blocks from the Las Vegas Strip. The Meridian offers a secure environment with a guard gated community and plush amenities to include 2 pools and spas which are open year round 24 hours a day, state of the art fitness center, lighted tennis court, hand ball and squash ball courts. The condos have Travertine flooring in the living, dinning, kitchen area and plush carpet in the bedrooms. All stainless steel kitchen appliances and includes a washer and dryer within the condo. Parking is in an underground parking garage with your own assigned parking space. Ample visitor parking offered. Decor includes Leather Couch and Flat Screen TV, Dark Wood Dining, Comfortable Bedding with Feather Comforter. All linens and cookware included.

Click here to see a Virtual Tour of an available Meridian Condo. Like what you see? Give Martin International Realty a call at (702)982-8888