Some myths about bank owned property…
Myth #1: Banks will accept offers for “Pennies on the dollar.”
Fact: If you’re planning on buying a Bank Owned REO Home, it’s important to know that before a bank puts a home on the market, they’ve had at least two professional real estate agents give them a detailed analysis of [...]

I think it’s safe to say that no one really wanted the $700 billion bailout. Unfortunately something had to be done as the credit cash-flow spigot was down to a drip. Even those with good credit were beginning to have difficulty getting funding of today’s tighter standards approved loans. Not only in our own industry, [...]

Las Vegas real estate agents and consumer advocates Kendall Trotter and Steve Hawks discuss the repercussions that The current Foreclosure Prevention Act “Builder Bailout” legislation could have on existing property values.

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