The housing market in Las Vegas is slowly stabilizing. The inventory for resale is remaining steady despite the heavy hit the real estate market has taken. People that have the cash have been heading to Las Vegas to fix and flip homes at a steady pace. Currently, it is...

There has been a lot of talk about foreclosures lately. You’ve been seeing this topic on the news, in newspapers and in the general media. I’m certain you know someone who’s had their house foreclosed in the last five years. Foreclosures have become a lot more common recently. The...

A deed in lieu of foreclosure means that the borrower is giving all rights of the property back to the lender in order to satisfy a loan that is in default and thus attempt to avoid the foreclosure process. The advantages are good for both the borrower and the...

When a buyer is interested in purchasing a piece of property, they can write a check for “earnest money”. Earnest money is showing the seller of the property that the buyer has the monetary means to buy the home and the strong desire to do so. The check is...

When someone buys a foreclosed home at auction that has tenants they need to know what the legal procedures are to get the occupants out of the home. Every state has different laws on how to evict people and those need to be researched before buying the home. A...

When someone is looking for a loan to purchase some property and they have bad credit or no income, they could try a hard money loan. These types of loans are better for someone looking for a fast loan that is for a short period of time, on the...

When real estate property payments are not paid, then the property is foreclosed upon by the bank or Mortgage Company the loan was made through. The property is then referred to as a REO, real estate owned property. If someone is in the market for a cheaper piece of...