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July 2011

Found 2 blog entries for July 2011.

Is now the time to buy a luxury vacation home or primary residence? According to the Wall Street Journal – YES!
As per the WSJ: “The clouds hanging over upscale vacation-home markets are starting to lift. While prices are still falling in most regions, the luxury segment is picking up, and brokers are reporting more inquiries than they have had in years.
The upshot: If you have the money and plan on staying put for the long term, now may be a good time to buy.”
Luxury real estate in Las Vegas is no exception. Prices are at an all time low – 40% to 60% less than what they were a mere 5 years ago. But demand is up as affluent buyers are in the market again, and the bargains are priced for every budget.
Excuse #1
Enjoy true luxury living in the gorgeous guard…
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Yes, it actually DOES look like Bank of America is finally getting their act together in the Las Vegas real estate market on short sales! We have seen a marked improvement in service and approval times over the past six months, and just recently B of A has rolled out two new changes to improve their image.
The first big change is their new Bank of America Cooperative Short Sale program, similar to the government's HAFA program (but hopefully much more effective!) B of A is now allowing sellers to apply for a pre-approved short sale prior to listing their home with a real estate agent and without a purchase contract. The seller must complete all the short sale documents including their hardship letter, and must submit all their current financials to the…
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