Flamingo Lewis Homes (Las Vegas, NV)
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
In Part 1 of the Las Vegas First Time Home Buyer Guide, I stressed the importance of shopping your financing options and getting approved for a loan.  Once buyers are qualified they are usually excited to go shopping but they need to make sure they are ready to buy before they waste any time looking around. Now is the time to familiarize yourself with all of the types of purchases (Read Las Vegas Sales & Transaction types right here).  The two biggies you need to become familiar with are Las Vegas Short Sales & Las Vegas REO (aka Las Vegas Bank Owned).  These two types of sales account for between 60-70% of Las Vegas Area Closed Transactions.  While buyers are drooling about bargains these days, a distressed property sale presents it's own challenge so it is essential to become familia...
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