Is buying a foreclosure for me?
3:35 PM | 
Posted by
SF Web Blogger
Sure foreclosures can be priced well under market but that is not without costs you will incur after you close escrow. Make sure you do research on the property so there arent any big ticket issues such as roofing, wiring, plumbing or major pool damage.
We regularlly visit at least 25 or so foreclosures a week to preview them for our clients and close to 100% of the properties need carpet, paint and appliances. Depending on the property size you are looking at 10k to 20k in out of pocket costs.
When you are purchasing a property from a bank in Nevada they are expempt from providing you with a SRPD or Sellers Resale Property Disclosure. This document is important during a sale because the Seller must disclose all property history such as roof leaks, any damage and other important issues. Banks are not required to provide this and you the Buyer are required to sign a waiver of your rights.
We can assist you in finding a property, reviewing your options and purchasing it.
Call us for assistance.
Olivia McClellan, ABR, CRS, GRI, RRG
Corporate Broker REALTOR®
Triple8 Associates Inc
5940 S. Rainbow Blvd. Ste 1007
Las Vegas, NV 89118
Direct 702-372-2671
Fax: 702-543-4845
Olivia@Triple8Associates.com
Visit me online at www.Triple8Associates.com
A quote we live by: "You will miss 100% of all the shots you never take" Wayne Gretzky
We regularlly visit at least 25 or so foreclosures a week to preview them for our clients and close to 100% of the properties need carpet, paint and appliances. Depending on the property size you are looking at 10k to 20k in out of pocket costs.
When you are purchasing a property from a bank in Nevada they are expempt from providing you with a SRPD or Sellers Resale Property Disclosure. This document is important during a sale because the Seller must disclose all property history such as roof leaks, any damage and other important issues. Banks are not required to provide this and you the Buyer are required to sign a waiver of your rights.
We can assist you in finding a property, reviewing your options and purchasing it.
Call us for assistance.
Olivia McClellan, ABR, CRS, GRI, RRG
Corporate Broker REALTOR®
Triple8 Associates Inc
5940 S. Rainbow Blvd. Ste 1007
Las Vegas, NV 89118
Direct 702-372-2671
Fax: 702-543-4845
Olivia@Triple8Associates.com
Visit me online at www.Triple8Associates.com
A quote we live by: "You will miss 100% of all the shots you never take" Wayne Gretzky
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Village at Queensridge mixed-use development
As reported in the Review Journal, the $850 million Village at Queensridge mixed-use development at Rampart Boulevard and Alta Drive will bring high end shopping and dining in to Summerlin in 2009.
Executive Home Builders, is building One Queensridge Place luxury condominium towers, will bring the same quality expectations to the village, which is scheduled to open in spring 2009..
The Village at Queensridge will have 700,000 square feet of retail space, including 120,000 square feet of restaurants, and 3,500 underground parking spaces. Grand Lux Café, Zefferino's and Mastro's Steakhouse are among the restaurants that have already signed leases.
Village Road Show of Australia is building a 36,000-square-foot, eight-screen theater with reclining Lear jet-style seats. A residential component is planned for 340 condos on top of retail, similar to The District at Green Valley Ranch Resort.
Olivia McClellan, ABR, CRS, GRI, RRG
Corporate Broker REALTOR®
Triple8 Associates Inc
5940 S. Rainbow Blvd. Ste 1007
Las Vegas, NV 89118
Direct 702-372-2671
Fax: 702-543-4845
Olivia@Triple8Associates.com
Visit me online at www.Triple8Associates.com
A quote we live by: "You will miss 100% of all the shots you never take" Wayne Gretzky
Executive Home Builders, is building One Queensridge Place luxury condominium towers, will bring the same quality expectations to the village, which is scheduled to open in spring 2009..
The Village at Queensridge will have 700,000 square feet of retail space, including 120,000 square feet of restaurants, and 3,500 underground parking spaces. Grand Lux Café, Zefferino's and Mastro's Steakhouse are among the restaurants that have already signed leases.
Village Road Show of Australia is building a 36,000-square-foot, eight-screen theater with reclining Lear jet-style seats. A residential component is planned for 340 condos on top of retail, similar to The District at Green Valley Ranch Resort.
Olivia McClellan, ABR, CRS, GRI, RRG
Corporate Broker REALTOR®
Triple8 Associates Inc
5940 S. Rainbow Blvd. Ste 1007
Las Vegas, NV 89118
Direct 702-372-2671
Fax: 702-543-4845
Olivia@Triple8Associates.com
Visit me online at www.Triple8Associates.com
A quote we live by: "You will miss 100% of all the shots you never take" Wayne Gretzky
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