Is it a good idea to buy real estate in Las Vegas?
RocketFish asked:
I am looking for an investment property, preferably a condo. I currently reside in the Las Vegas area and want some opinions on whether or not it is a good place to invest, and if now is a good time to buy?
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on Monday, November 30th, 2009 at 12:00 am and is filed under Renting & Real Estate.
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I am looking for an investment property, preferably a condo. I currently reside in the Las Vegas area and want some opinions on whether or not it is a good place to invest, and if now is a good time to buy?
November 30th, 2009 at 4:32 pm
It’s a buyer’s market now but I will not buy a house or condo in Las Vegas. There’s so many foreclosed homes now in the US but the most is in this arrea. Most of foreclosed homes, eveh the homes that are for sale via Short Sale are being damaged by previous homeowners, ie no kitcken appliances, plumbing, electrical wiring, walls and no lights and fixtures. There’s a lot of scams and fraud companies that you don’t know which one is legit or not. Who wants to live to a placed where all you see is abandoned and damaged homes. Be careful hiring an agent. and buying homes in this place. Faith
December 1st, 2009 at 8:02 pm
Just be very extra careful in dealing with agents and real estate brokers. nehpetslodge