08-27-2008, 01:18 AM
Status:
"rip cleo kitty.1999-2013"
(set 24 days ago)
Location: In my house
8,554 posts, read
11,618,652 times
Reputation: 5022
Most likely foreclosures. And very nice one's at that.
08-27-2008, 10:01 AM
Location: NW Las Vegas - Lone Mountain
15,761 posts, read
19,044,337 times
Reputation: 2661
Not foreclosures. Expensive cats and dogs that have been on the market for a while mostly. One is a new Christopher on the water.
08-28-2008, 04:41 AM
Status:
"rip cleo kitty.1999-2013"
(set 24 days ago)
Location: In my house
8,554 posts, read
11,618,652 times
Reputation: 5022
So why are they being auctioned off and not sold outright? I thought auctions were always bank owned. But then again, i am not a real estate professional so I guess a lot.
08-28-2008, 12:02 PM
225 posts, read
268,570 times
Reputation: 88
I saw the JP King ads and was intrigued as well. But, since their website mentioned nothing about reserve, or even the deposit amount (which has historically been 10% of the anticipated winning bid) I didn't waste my time looking any further. Shame on JP King.
09-06-2008, 03:01 PM
1 posts, read
3,476 times
Reputation: 10
Worth a Shot...
I checked out the properties ( [url]http://www.OwnLakeLasVegas.com/Auction[/url] ) and will attend if for no other reason than curiousity. Who knows...with 5 absolute auctions and supposed "low reserves" on the rest, there might be some good deals. But if you think anyone will get to pay 40% of current value without a ton of competition, think again.
09-06-2008, 07:14 PM
Location: NW Las Vegas - Lone Mountain
15,761 posts, read
19,044,337 times
Reputation: 2661
Quote:
Originally Posted by
TonyD19
I checked out the properties (
Lake Las Vegas Auction Information - Real Estate ) and will attend if for no other reason than curiousity. Who knows...with 5 absolute auctions and supposed "low reserves" on the rest, there might be some good deals. But if you think anyone will get to pay 40% of current value without a ton of competition, think again.
I've had my eye on a few foreclosures out there already. So, if nothing sticks out during the auction, I've got a few back-ups. Some of them are priced better than what I think the auction properties will go for: (
Lake Las Vegas Real Estate, New Homes, Town Homes, Condos & Foreclosures ).
Your kidding I hope...$315 PSF and $750 in Association fees? Pickup a nice 2000SF place somewhere convenient for that. Hell 2500SF in Club Aliante with pool and guard gate for the same per month.
You got to really love that Lake.
10-14-2008, 08:54 AM
225 posts, read
268,570 times
Reputation: 88
Topping.
10-14-2008, 09:13 AM
Location: Here and there, you decide.
8,294 posts, read
10,976,083 times
Reputation: 1777
probably nothing... i was participating in the hudson marshall auction in vegas (have catalogs, bid on 1 house), so for kicks, i circled 15 homes to watch on the net at the assessors site.. auction was in august, you had 30 days to close, none of the houses i circled changed hands.
10-15-2008, 09:32 AM
225 posts, read
268,570 times
Reputation: 88
0 for 15, OUCH!
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