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Buying a Bank Owned Property Process:
- If you are not ready to Act - then browse the listings. Be up front with us because we will work hard and Act to meet your goals.
- Get Pre-approved - Prequalify with a Lender preferably one in Las Vegas
- Know your Buying Power - Have a set of goals to discuss with your Real Estate Professional
- Discuss your goals with us so we can identify and set your search criteria.
- Review Listings that meet your criteria - discuss and make adjustments where needed.
- Be flexible concerning your criteria if your goals are not being met. (Example: There may not be any 4 bedroom 3 bath homes with a pool for $150k in the Zip Code. This means you will have to adjust a few variables in your custom search.
- If you find a property that meets your needs - Act ASAP
- We will respond by digging deeper into the status of the property so you know what your options are.
- Don't wait if you are serious - If you wait a week then respond it might be too late because the bank has accepted an offer.
The bottom line is creating a clear line of communication between us. We utilize many online tools to streamline the process if you are a local or out of town. Phone, Email, Text Messaging, Chat, Online Meeting Tools, Digital Fax, and Secure Website Uploads using our paperless system are all components of our processes.
If you are ready to move forward with a purchase in Las Vegas contact us.
Thank you
REO of Southern Nevada
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5940 S. Rainbow Blvd. Ste 1007
Las Vegas, NV 89118
Office: 702-835-9298
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