COMMERCIAL REAL ESTATE LAS VEGAS "ON THE RISE" (702) 649-6026
THE GUIDE TO REALTOR LAS VEGAS
Las Vegas Realtor Adam Lee Saves Many Home Owners From Going Bankrupt And Ruining Their Credit With The Family In Mind
By Toni Pheox / Las Vegas Press / Staff Writer / World-Wide C 2007
ADAM LEE REALTY Specializing in Las Vegas, Henderson, Summerlin, Green Valley, Anthem and The Lake Las Vegas residential, commercial and investment real estate. LAS VEGAS FORECLOSURES Las Vegas is the Silver State of foreclosures with the third largest number of foreclosed properties in the country.,an ample opportunity for investment. Las Vegas Bank Foreclosures & Government Foreclosed Houses, Federal Homes, Distressed Properties, and Commercial Forclosures are all at your fingertips with Las Vegas Foreclosures. All foreclosures, HUD, VA, and other government property home lists and listings are represented. SHORT SALE SPECIALIST HOMEOWNERS who have seen the value of their houses drop below the amount left on their mortgages and who are struggling to make their monthly payments often believe their only option is to walk away from the loans and accept a foreclosure. Not so, lenders say. Borrowers can both avoid foreclosure and escape their mortgage debt, provided they are willing to give up their homes and accept at least some collateral damage to their credit ratings. DISTRESS HOME SALE Are there any foreclosures, short sales or distress properties in your town or neighborhood? If you answered "no," you probably aren't paying close attention to the local real estate market. Good times or bad, these situations always occur. Even during the peak years of 2004 and 2005 for home sales, there were still mortgage lender foreclosures and distress property sales. Today, the numbers of these sales are rapidly rising. If you're interested, the current buyer's market in most cities is a great time to acquire these below-market-value properties.
PROPERTY SEARCH Search here for a current listing of Las Vegas properties availability. FEATURED PROPERTIES Here we showcase our current Las Vegas properties. Are you looking for real estate in Las Vegas or the surrounding area? We have great information about Las Vegas real estate, Las Vegas neighborhoods and suburbs, new and exsisting Las Vegas homes and Las Vegas-area Premier Realtors. When it comes to real estate, Las Vegas is a competitive market. PROPERTIES AVAILABLE
HI-RISE CONDOS Las Vegas Condos are becoming the ultimate trend in urban Las Vegas living, and there are over 80 new Las Vegas Hi-Rise preconstruction condo projects in the planning stages for the downtown Las Vegas strip. All of these projects feature fabulous amenities like state of the art work-out facilities, conference centers, valet services, maid services, spas, gourmet dining and resort style pools. Click here to see hogh rise condos that are available in Las Vegas. HIGH RISE AVAILABLE . In addition to the incredible growth and worldwide presence right here from Las Vegas, real estate broker Adam Lee has been number one to thousands of satisfied Associates. Lee is a network of the most highly sought after investment, leasing, industrial and commercial properties in the Las Vegas Area. The Las Vegas metro area includes The Lakes Las Vegas, Mountain Edge, The Las Vegas Strip, Inspirata, Boulder City, Henderson, Anthem, Silverado, Summerlin, Green Valley and North Las Vegas. Enter here.COMMERCIAL REAL ESTATE . Majestic Properties Las Vegas Homes For Sale is our business: We have more then 10 years of FULL TIME experience specializing in both residential and commercial properties for sale and lease in the Greater Las Vegas area. Majestic Properties Las Vegas homes for sale also manage both residential and commercial properties in most areas of Las Vegas and Clark County. Enter here LAS VEGAS HOMES FOR SALE . LAS VEGAS MASTER PLANNED COMMUNITIES ADAM LEE REALTOR 89123, 89183, 89139, 89113, 89118, 89103, 89147, 89119, 89120 Looking for Las Vegas homes? We can help you find the perfect home for your family, whether you prefer a new home or a "pre-loved" one. We have the complete Las Vegas Board of REALTORS® MLS database of over 26,000 resale homes and over 1,600 new homes online! Search the Las Vegas MLS listings just like the Realtors do. FOR SALE BY ZIPCODE . All the information you need for buying, selling, or building, your next home in Las Vegas, Summerlin, Green Valley and The Lakes Las Vegas! .. Over 25,000 homes, town-homes, condos, daily weather, real estate news, new featured listings by email and more!... Brought to you by Las Vegas Realtors Services.
Buying for the Future: The New Home Finder & The New Home Owner Are Available Right Here
VEGAS REALTOR SERVICES . SCHOOLS Here you will find a comprehensive listing of all schools in the greater Las Vegas Area! ABOUT LAS VEGAS LAS VEGAS MASTER PLANNED COMMUNITIES.
Las Vegas Commercail Property for Sale
Las Vegas Commercial Real Estate markets are poised for a new upward trend that can benefit the investor and business owners. Las Vegas Foreclosures, Las Vegas Short Sales, and other Distressed Properties have created a short term imbalance in the supply/demand curve and are allowing investors an opportunity to purchase property at huge discounts. Adam Lee is an experienced Commercial Realtor Las Vegas and feels that the next six months are the ideal time to purchase Las Vegas Commercial property or lease a Las Vegas retail, office, or other Las Vegas commercial property. There are 26,000 Las Vegas resale homes available on the market and this supply has brought prices down to the most reasonable levels since 2003. Several multi-billion dollar megaresorts are coming online in 2009 and Adam Lee Realtor Las Vegas believes that job growth, reduction in new home permits and robust business atmosphere will swing the supply levels back to a shortage within the near term. There have been increases in Las Vegas rental rates and a continued expansion of Las Vegas retail and Las Vegas office complexes. The Southwest, Henderson, and North Las Vegas all have large commercial projects nearing completion. The short-term residential sales have been down and some buyers own at price basis levels at the markets high in 2005. Opportunity to profit from the Las Vegas market is very strong according to Adam Lee. Commercial Property Las Vegas in the coming years will be a growing market.
Buyers need to look for quality product in highly desirable locations like Green Valley, Summerlin, Inspirada, Anthem, Southern Highlands, and other premium locations. Looking for Las Vegas Short Sale, Las Vegas Foreclosures, Las Vegas Bank-owned properties and other reduced properties is one area Adam Lee can assist buyers and investors. He recommends consulting an expert before coming into the Las Vegas market and is available at 702-204-3330. Rental rates are high enough for the possibility of positive cash flow. Investors are told that the one year holds of the past are no longer the best course of action and that a realistic time horizon is needed to obtain the best results.
Commercial developement in certain areas has been slowed but in growing parts of the valley Las Vegas commercial building is extensive. The Las Vegas Strip is seeing several huge projects including Echelon, The Palazzo, a second tower for Wynn Las Vegas called Encore. City Center by MGM is the largest project ever developed on the strip with seven towers and an investment of over seven billion. The Las Vegas luxury high-rises on the strip are also near completion with Panarama, Trump, Cosmopolitan, and others adding to the expanding skyline. These new projects are injecting billions into the market and will create tens of thousands of jobs in the next few years. The media is playing up the problems in the housing markets thoughout the country but Adam Lee sees huge opportunity with lowering interest rates to profit from this correction in pricing. Fundamental area of importance such as job growth are dynamic. Real estate markets in other areas of the country may take longer to rebound but Adam Lee feels that the window is shorter here in Las Vegas and investors should position themselves now. Las Vegas Commerial property should be researched heavily before any purchase is made. Retail, medical, office, indusrtial, land, and business parks are available for sale or lease in Henderson, Las Vegas, Boulder City, and North Las Vegas. Adam can assist buyers, sellers, and investors with all their needs from Las Vegas real estate, insurance, financing, and relocation to Las Vegas. Commercial Property for sale Las Vegas is an expanding market with many areas of interest.
Adam Lee is also very experienced in lease negotiation and business planning and will provide business owners with the highest level of customer service for all of their needs. He maintains offices in Green Valley and in Summerlin and has successfully been advising clients on real estate and financial issues for over ten years. There is a great opportunity being presented currently in the Las Vegas Commercial Real Estate market and Adam Lee can guide you and your business to the right property. Commercial Real Estate Las Vegas requires a dedicated professional working with you to obtain your goals.
LAS VEGAS FORECLOSURES
Click Here Search Here For Current Las Vegas Foreclosure ListingsLas Vegas is the Silver State of foreclosures with over 2,400 foreclosed properties an ample opportunity for investment. Las Vegas Bank Foreclosures & Government Foreclosed Houses, Federal Homes, Distressed Properties, and Commercial Forclosures are all at your fingertips with Las Vegas Foreclosures. All foreclosures, HUD, VA, and other government property home lists and listings are represented. |
PURCHASE LAS VEGAS FORECLOSURES ONLINE VIA LIVE REAL ESTATE AUCTIONS | |||||||||||||||||||||
Bidding on a property at a foreclosure auction on the local courthouse steps can be overwhelming and intimidating — it's often an experience unlike any other. It also takes a good amount of time, skill and resources. At Las Vegas, we've got a better alternative. Las Vegas Real Estate Foreclosure Auctions represent a tremendous opportunity to purchase foreclosed homes at reduced prices directly from lenders through our Web site. It is FREE to view these amazing deals and the bid process is fast and simple. Find your dream home at a bargain. Many houses are sold at 20% - 50% discount. Contact Adam Lee at (702) 204-3330. Find all the Las Vegas Foreclosures, Bank Homes, Government Properties, Commercial Foreclosures, Foreclosed House, Handy Man and Distressed Properties in Las Vegas. Real Estate Investing professionals who target federal homes, distressed properties, and foreclosures are using Adam Lee Las Vegas Foreclosures to find the latest and most current lists of foreclosed properties. Commercial investors also gain from having all the Las Vegas forclosure properties in an easy to read and presentable format.Click Here Search For Adam Lee Las Vegas Short Sale Listings ADAM LEE SHORT SALE REAL ESTATE AGENT LAS VEGAS HOMEOWNERS who have seen the value of their houses drop below the amount left on their mortgages and who are struggling to make their monthly payments often believe their only option is to walk away from the loans and accept a foreclosure.Mortgages Not so, lenders say. Borrowers can both avoid foreclosure and escape their mortgage debt, provided they are willing to give up their homes and accept at least some collateral damage to their credit ratings. This financial workaround is called a “short sale,” and it involves working with the lender and a real estate agent to sell the house at a loss. For example, consider a borrower who owns a home that has fallen in value from $400,000 to $375,000, but who still owes about $400,000 on the mortgage because the loan required no down payment — a common enough feature before the current mortgage crisis. If the borrower is struggling with the monthly payments and has no means to pay off the mortgage, a bank will often consider a short sale. Banks generally avoid foreclosures because the legal process — particularly in the greater Las Vegas area — can be costly and long, and because banks do not want the additional burden of trying to sell distressed properties. So in the example of the $400,000 mortgage, after the borrower and the bank agree to a short sale, the bank will suggest a real estate agent or ask the borrower to find one, then the house will be listed at its appraised value. When the house sells, the bank takes the money, pays the agent’s commission and voids the mortgage. So assuming the final sale price is $375,000, the bank might end up with $345,000. (By the time a borrower considers a short sale, he or she is often several months behind on mortgage payments and property taxes, which the bank also covers.) And what about the borrower with the $400,000 mortgage? “ Typically they will forgive the debt,” Mr. Lee said. “There may be some impairment to your credit history, showing you have missed payments and the short sale. But it’s a lot better than having a foreclosure.” Mr. Lee say's other lenders say they expect to see more short sales in coming months because default rates are increasing, especially among those with poor credit who have taken out adjustable loans that may rise sharply in coming months. Lee also states borrowers who approach the bank after securing the services of a real estate agent with experience in short sales often find that the bank is receptive. “In some cases, we’ve helped avoid foreclosures,” he said. “If we tell the bank we believe it’ll get sold and give them the estimate, they may give us time to get the job done.” Adam Lee Distress Homes Las Vegas Buying distressed homes takes work in today's marketHow to get it on foreclosure, short-sale propertiesAre there any foreclosures, short sales or distress properties in your town or neighborhood? If you answered "no," you probably aren't paying close attention to the local real estate market. WHAT CAUSES FORECLOSURES AND DISTRESS PROPERTIES? There are many reasons, but the cause usually is the property owner isn't thinking straight. Reasons for foreclosures include divorce, unemployment, drugs, alcohol, death or serious illness in the family, disputes between owners, local economic conditions, mental problems, and good old-fashioned greed. But the real reason for foreclosures and distress property situations usually is the borrower isn't acting rationally to solve the problem. Imagine you can't afford the increased monthly payments because your adjustable-rate mortgage just "adjusted" and your payment went up by $300. To make matters worse, home market values in your neighborhood are stagnant or slipping so your market value is no longer appreciating. You consider selling. But local Realtors tell you there is a glut of listings for sale nearby and you would be lucky to sell for the amount of your mortgage balance. Should you stop making mortgage payments and walk away? Of course not. That would ruin your credit and you need a place for your family to live. Rather than face foreclosure, the obvious solution is to increase your monthly income by at least $300. Maybe you can get a part-time evening job. Or perhaps your spouse or teenage child can get a part-time job to help out. One way or another, virtually every foreclosure and distress property situation can be avoided. SOMEONE PROFITS FROM EVERY FORECLOSURE. The grim reality is somebody will profit from every foreclosure and distress property situation. If you didn't cause the problem, you might as well profit from someone else's problem. Most institutional mortgage lenders do not want to foreclose and acquire the property. It costs lenders thousands of dollars to hold foreclosure property instead of keeping their mortgage money earning interest. However, if you understand the simple foreclosure rules, you can profit from someone else's distress. That's why it pays to understand the basic foreclosure profit opportunities. STEP 1 -- THE JUDICIAL FORECLOSURE LAWSUIT OR NOTICE OF DEFAULT. Until the mortgage lender gives up on the borrower, the public usually does not know there is a problem. But when the lender records a judicial foreclosure lawsuit on a mortgage, or files a notice of default on a deed of trust, the borrower's default becomes public knowledge at the local court house. At this point, bargain hunters swing into action to contact defaulting borrowers to see if there is a "preforeclosure opportunity" during the lender's reinstatement period before the official foreclosure auction. This reinstatement period, which can be as short as 21 days in Texas but generally is three to six months in most states, gives borrowers time to either sell the property or reinstate the mortgage before losing the property at a foreclosure sale. SHORT SALES USUALLY ARE NOT BARGAINS. Sometimes during the mortgage reinstatement period it becomes evident the home's fair market value is less than its mortgage balance. When that happens, the real estate listing agent confronts the mortgage lender to accept a "short sale." That means the lender agrees to accept less than the mortgage balance as full payment of the mortgage. For example, suppose a mortgage balance is $250,000 but recent comparable sales prices of similar nearby homes are only $225,000. If the mortgage lender agrees to a $225,000 short sale, the buyer can purchase for $25,000 less than the existing mortgage balance. The defaulting borrower on a short sale walks away with nothing. However, the borrower gets rid of his mortgage obligation without a foreclosure on his credit record. But the downside, in this example, occurs when the lender sends the borrower an IRS 1099 form showing $25,000 of taxable debt-forgiveness income. As a general rule, the buyer of a short-sale house does not get a bargain purchase price. Lenders are usually very demanding to insist that the home sell for as much as can be obtained. Another problem with short sales is lenders often take 30 to 90 days before deciding to accept or reject a short sale purchase offer. For this reason, smart buyers set a reasonable deadline, such as 15 days, for the lender to accept or reject a short sale offer. STEP 2 -- BUY AT THE FORECLOSURE AUCTION. If a property buyer cannot purchase the home from the defaulting borrower during the reinstatement period, the house will go to either a judicial court foreclosure sale or a nonjudicial trustee's sale. The advantage of buying at such an auction is any junior liens are wiped out. To illustrate, if a house has a first, second and third mortgage, plus a judgment lien and a mechanics' lien, they will all be wiped out when the first mortgage lender holds a foreclosure sale. But the disadvantage of buying at a foreclosure auction is cash (actually cashier's checks) are required either at the sale or shortly thereafter. This is one place your MasterCard, Visa and American Express cards are not welcome. Raising enough cash to bid at a foreclosure sale can be difficult, especially when the amount of the defaulted mortgage is large, often $100,000 or more. Another problem is foreclosure auctions are "as is," meaning there is no opportunity to inspect the house before purchase and the foreclosing lender will not pay for any repairs. In most states, foreclosure-sale sellers are not required to disclose even known defects at the auction. STEP 3 -- BUY AFTER THE FORECLOSURE AUCTION. When there are no bidders at the foreclosure auction, title to the property then goes to the foreclosing lender. This is called REO (real estate owned) property. Lenders are usually very anxious to get rid of REO property, which costs money to maintain and incurs liability risks. Astute buyers often approach foreclosing lenders who acquired property immediately after the sale to make a purchase offer. My favorite tactic is to send a FedEx overnight letter to the lender's president, offering to purchase for the amount of the foreclosed mortgage (presuming the property is worth that much). Of course, the lender's president never sees the letter, but it will get referred to the right decision-maker in the REO department. SUMMARY: Foreclosures, short sales and distress properties offer opportunities to purchase houses at bargain prices if you know what you are doing. However, it is easy to make mistakes because the safeguards of normal sales are not present. Las Vegas Properties For Sale By Zipcode ENTER THE OFFICIAL SITE http://www.freewebs.com/lasvegaspropertiesforsale/ For the latest Las Vegas properties for sale, Henderson, NV. properties for sale, Green Valley, NV. properties for sale and Summerlin, NV. properties for sale, Pahrump Homes For Sale and Homes For Sale Boulder City, please see below. LAS VEGAS MASTER PLANNED COMMUNITIES 89123, 89183, 89139, 89113, 89118, 89103, 89147, 89119, 89120 Las Vegas - Official Las Vegas Tourism Web Site Looking for Las Vegas homes? We can help you find the perfect home for your family, whether you prefer a new home or a "pre-loved" one. We have the complete Las Vegas Board of REALTORS® MLS database of over 26,000 resale homes and over 1,600 new homes online! Search the Las Vegas MLS listings just like the Realtors do. Confused about areas to look in? Check out Neighborhoods, brief descriptions of Las Vegas' and Henderson's most popular subdivisions. And try our new "Neighborhood Search" which lists homes for sale by individual communities! You can also refer to our MLS map or the Las Vegas Zip Code Map when locating the best homes for sale. And we have the latest home sale statistics online as well. Just email us your preferences and each day you will automatically receive the listing of every home that goes on the market that matches your criteria. Found a home you love? Find out if you qualify - apply for a mortgage loan. Call (702) 448-5315. GREEN VALLEY 89014, 89074, 89052, 89012 Green Valley Ranch Resort, Las Vegas : Hotel Accommodations On the southeast side of the Valley in Henderson, this is one of the premiere master-planned communities in the area. Over 8,000 acres of homes ranging from $350,000 to over $6,000,000 this area offers something for anyone! As part of the city of Henderson, Green Valley is full of neighborhood parks and walking trails, and has an outstanding array of shops, gourmet restaurants and retail services. The schools in this area test high for the district and Green Valley High School claims the distinction of being one of the top ten high schools overall in the whole United States in 1997! This area is noted for being family-oriented and its high quality lifestyle. SUMMERLIN 89145, 89144, 89138, 89134, 89128 http://en.wikipedia.org/wiki/Summerlin By far the largest master planned community in the city and rated #1 for growth in the entire nation, Summerlin occupies 22,500 acres on the northwest side of the city and features an extensive array of parks, biking and hiking trails, shops, schools, libraries and business districts as well as community tennis courts and pools, recreational facilities and an amphitheater for performing arts. Over 64,000 homes will be contained within its borders at complete build-out, and it has numerous public and private golf courses and retirement communities as well as family-oriented neighborhoods. Prices here range between the low $300s to over $4,000,000 in the custom home development. City of Henderson 89011, 89014, 89074, 89052, 89012 Official Website of the City of Henderson, Nevada The City of Henderson developed as a result of workers moving west with the construction of Hoover Dam in the 1930's. Their "Hometown Sites" can still be seen in the older area of downtown Henderson. Henderson is just 7 miles from the famous Las Vegas Strip and a mile from beautiful Lake Mead. Henderson is known throughout the country for its premiere master planned residential communities, like Green Valley Ranch, Anthem, MacDonald Highlands, and Seven Hills, and its lush parks, recreation facilities, cultural activities and rapidly growing business community.
Boulder City is known as a clean, green oasis in the desert. Located approximately 20 miles from the glitter and excitement of Las Vegas and just a few miles from Hoover Dam's grandeur, Boulder City offers a quiet, relaxed living environment. With a population of slightly more than 15,000 people, Boulder City residents enjoy a quaint, small town atmosphere with a low crime rate and high quality police and fire services. Boulder City also has access to Lake Mead, riding and biking trails, beautiful golf courses, and other attractions. PAHRUMP 89048 Pahrump Nevada Official Website Located just 45 minutes from Las Vegas, Pahrump is a growing community with great values on homes, commercial buildings, land and business opportunities. With the development of Mountains Edge master-planned in the Southwest Valley, this area is growing by leaps and bounds and offers rural living and access to Las Vegas. Many amenities are available and home prices are lower than nearby Las Vegas. It is a good option for buyers looking for value or larger lots.
Finding homes for people has been Adam's passion for many years. Each and every member of his team is dedicated and committed to making sure that you enjoy a seamless home-purchasing experience. Let Adam take you from browsing to buying with the confidence and comfort that you deserve. This highly skilled and well educated Las Vegas real estate agent wants nothing more than to help you find not just a house, but a real home. Properties for sale in Nevada are increasingly popular and for us, this extensive choice of homes means the best chance of finding exactly what you are looking for. This excellent website allows you to access a wide choice of homes for sale in Green Valley, Henderson and the areas in and around the city of Las Vegas. From the beauty and tranquility of Henderson to the urban oasis of Summerlin, the choice is yours. Browse smoothly and easily through our properties and enjoy the many beautiful images of what we hope to make your new home. Adam Lee Las Vegas Real Estate Search is, quite simply, the best person to find you your new home. Superior choice, outstanding knowledge and a love of making other people happy. These are the things that motivate and drive Adam to making your success, his success. Real estate agents in Green Valley, Henderson, Las Vegas and beyond are numerous, but there is only one Adam Lee Las Vegas Real Estate Search.. Lee is the leader in his field. Let Adam Lee ensure that you have a heavenly home-buying experience… CLICK HERE FOR HIGH RISE LISTINGS http://las.mlxchange.com/Pub/EmailView.asp?r=1123494703&s=LAS&t=LAS Las Vegas Condos - Las Vegas Hi-Rise Condos- Luxury Condos - Condo Conversions Las Vegas Condos And Hi-Rises
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NORTH LAS VEGAS
North Las Vegas is the fastest growing competitive marketplace in the country. Adam Lee Commercial Real Estate helps clients and customers make deliberate, sound business moves.
The firm is distinguished by its ability to provide the most up-to-date, comprehensive inventory of commercial properties presented in a format that facilitates the decision-making process.
The process begins with an assessment of the client’s needs. A team of real estate professionals headed by Adam Lee identifies all properties in the North Las Vegas region that are a fit with the client’s requirement. The appropriate properties are presented in writing and discussed, and the list is narrowed to a manageable number for the client’s further consideration.
Site visits are arranged at the client’s convenience, and followed up with a comparative financial analysis of preferred properties, allowing the client to make an informed decision.
Landlords and other property owners also hire the firm to market their commercial real estate. They know the firm will evaluate and position their property effectively - targeting likely customers and ensuring broad exposure in the marketplace.
The company has developed and maintains a comprehensive database of each office and industrial building in North Las Vegas, tracking inventory levels and vacancy rates. Each year, the company analyzes this data to publish its Overview of the North Las Vegas Commercial Real Estate Market. The County of Clark and its economic development officials utilize the company's research as well, and when reporting inventory levels and vacancy rates, their source is Adam Lee Commercial Real Estate.
Agents who specialize in commercial real estate in North Las Vegas need to know where the available properties are located; however, this is only the start. A good, full-service agent will be familiar with North Las Vegas rent law and codes regarding disabilities, engineering and fire safety.
Here you will find a comprehensive listing of all schools in the greater Las Vegas Area!
ELEMENTARY SCHOOLS
http://www.premierrealtylasvegas.com/ele.html
MIDDLE SCHOOLS
http://www.premierrealtylasvegas.com/school.html
HIGH SCHOOLS
http://www.premierrealtylasvegas.com/school.html
MAPS TO SCHOOLS
ADAM LEE LAS VEGAS REAL ESTATE SEARCH
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