Las Vegas Foreclosures
Now is the time to buy a foreclosure in Las Vegas. The significant inventory of Las Vegas homes available makes this an ideal buyer’s market.
The fact that Las Vegas is ranked on the top of the list of foreclosures in the country also makes Las Vegas a great place to buy. A good supply of inventory combined with declining prices equates to great values and purchasing opportunities. It’s a chance of a lifetime that this generation has never seen before.
Browse Las Vegas Foreclosure Listings
The Process for Buying a Las Vegas Foreclosed Home
The process to buy a foreclosed home in Las Vegas is not difficult. A foreclosure that is priced well and in good condition can sell quickly, sometimes attracting multiple offers. In this situation the banks will only consider the highest and best offer, sometimes driving the price up where the home will sell above the list price. It will be important to find a real estate agent who is on top of their game, working aggressively to find the perfect home for you, prepare your offer quickly and negotiate efficiently so your offer is considered and ultimately accepted.
Saving Your Home From Foreclosure
If you are facing foreclosure, contact us today to find out how you can save yourself from a foreclosure, even though you may have received a Notice Of Default Period. Save your credit. You have choices. But time is of the essence, so do not delay.
Government Programs To Know About:
Home Affordable Refinance :
Homeowners with a mortgage of 105% or less of the home’s value, the homeowners may still be able to refinance at a lower rate.
Home Affordable Unemployment Program:
Homeowners that are currently unemployed, may qualify for suspended payments while they look for new employment.
Home Affordable Modification Program (HAMP):
Homeowners with mortgage payments that are more than 31% of their household monthly income, may qualify for a loan modification.
Home Affordable Second Lien Modification:
Homeowners that have permanently modified the first mortgage under HAMP, may still receive help for their home equity loan or home equity line of credit (HELOC).
Home Affordable Foreclosure Alternatives (HAFA):
A government program which offers homeowners alternatives for settling your mortgage debt outside of foreclosure.
Call today to find out how you can save your home. Or, you can check out our Las Vegas Short Sale page for more information.
