Las Vegas Foreclosures Online
A foreclosure is a home that has been taken back by the investor that holds the existing mortgage when the mortgage holder (owner) has been unable or unwilling to make the payments. About 30 percent to 40 percent of the people who get behind in their payments never even contact their lender. Many times they feel like the lender won't do anything for them, and/or they are ashamed to admit they can't meet their commitments.
Las Vegas Foreclosures for Sale
|All Listings||Under $100,000||$100,000 - $200,000|
|$200,000 - $300,000||$300,000 - $400,000||$400,000 - $500,000|
|$500,000 - $600,000||$600,000 - $700,000||$900,000 - $1,000,000|
Tips for Buying Bank Owned Property
Sophisticated investors, who follow the maxim "buy when everyone else is selling and sell when everyone else is buying" have returned to the Las Vegas marketplace to take advantages of the foreclosure and short sale opportunities presented. Las Vegas foreclosures are controlled by the servicing banks, and each bank has different timelines as to when they will place a property on the market for sale after it has been foreclosed on, and specific procedures to follow when bidding.
Some of the best deals with the most liberal terms are Fannie Mae foreclosures. All Las Vegas bank owned repos and FHA and VA REOs are now listed in our local MLS, and we can set you up for an automatic update on homes that meet your specific needs. Sign up below to receive daily notice of of newly released bank owned properties and short sales or HUD repos and VA repos for Clark County. Our distressed property experts will be happy to provide a free market analysis on any properties that may be of interest and help you negotiate an offer.
For more information on bank owned properties in Las Vegas, please fill out the form below. Please indicate if you would like to be added to the foreclosure hotlist and receive listings as soon as they come on the market.
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Stop Foreclosure on Your Home
Trying to stop foreclosure on your home? Please read our helpful hints on how to Avoiding Foreclosure. There are actually a number of steps you can take to keep your home if you will just communicate with your lender. It is also possible you may qualify for a Loan Modification on your home.
The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo.
The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2016 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
GLVAR deems information reliable but not guaranteed.