Best Foreclosure Deals in Las Vegas

Las Vegas, Nevada (PressExposure) September 06, 2009 -- Las Vegas is the number one city with the highest rate of foreclosure. It’s the right time to buy if you’re an investor or a home buyer. This is when you’ll find properties selling at the biggest discounts.

Las Vegas homes still represent an excellent value when you factor in the cost of a home versus the amenities our wonderful community has to offer and the projected long term growth for our local market versus many other markets around the U.S. features the best 100 foreclosures found in Las Vegas. Our real estate investment specialist have done all the research for you and picked the best of the best. The criteria used are Location, Size, Upgrades, Replacement value, Rental values and comparables to name a few. Saving you time and money in your search for the best real estate investment in Las Vegas. Stop wasting your time looking for the best deal, we found it for you. in Las Vegas will provide investors, first time home buyers, and standard residential shoppers the opportunity to tour featured Las Vegas foreclosures. Each buyer will receive a comprehensive report on each foreclosure including the history, current status, and fair market value in addition to the opportunity to receive representation from a licensed Las Vegas Investment Real Estate specialist.

Foreclosure listings are updated and refreshed daily and showing the best below market valued properties. Not long ago, one of our best deals so far “A 4 bedroom brand new 2300 square foot home that sold for $375,000 3 years ago can now be purchased for $120,000 in a foreclosure. The rent for this property will be around $1200 to $1400. A cash purchase will yield 10-12% return on the investment. The replacement value alone on the property for insurance purposes is around $180,000 ($78/per sq ft. build cost). You can’t even build the house for the amount you can buy the Land and Structure for. That's already a built in equity value of $60,000 once the market adjust back to normal minimum replacement value levels and that doesn’t even factor in the value of the land.

There are thousands of foreclosure homes in Las Vegas and yet there is only a handful that would give you the best value for your money or the best ROI. So, if you are a home buyer or a serious investor and your tired of wasting your time looking over thousands of foreclosure listings then is for you, here you will find the best deals for buying and investing in Las Vegas homes.

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Press Release Submitted On: September 05, 2009 at 4:20 am
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