Don’t let the current housing market pass you by! If you are thinking of buying, 60 days may be too late. USA Today reports Las Vegas has a record number of foreclosures available and you can purchase a home for up to 30% below market value while taking advantage of huge incentives. Available housing has dropped from an incredible 24,000 listings to 20,000 in less than 30 days. Invest now! We will help you qualify; provide a premier home warranty, appraisals and other valuable services.
HUD & VA Properties
A HUD home is a 1 to 4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.
Distress Sales
An urgent sale, sometimes at a significantly reduced price.
Bank Foreclosures
This is the legal proceeding in which a bank or other secured creditor sells or repossesses a parcel of property due to the owner's failure to comply with the terms of the "mortgage" or "deed of trust". Commonly, the violation is a default in payment of a promissory note, secured by a lien on the property.
Bank Owned Properties
A bank or other secured creditor after repossession of a parcel of real property (immovable property) owns the property and then try's to sell the property to pay off their debt. Usually you can get great deals on these, up to 20% below market value!
