Buying a bank owned property in the Las Vegas area can be a good investment due to home prices often below market value. There are, however, some things you should be aware of before you dive into this process.

1. The buying process for a foreclosure can take 30-60 days and 60–120 days to complete a short sale.
2. You could find yourself bidding against multiple offers.
3. These properties are normally sold in ‘as is’ condition. However I always suggest that the buyer get a home inspection to find out the extent of needed repairs if any.

My role as your agent is to negotiate the best possible deal and help you save money in the process.