Congratulations

Two New Vintage Las Vegas Neighbors

September 22nd, 2008 Categories: Beverly Green, Congratulations, Forest Hills

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Congratulations to Alicia! She’s the very excited and proud new owner of the now famous Liberace Townhouse in Forest Hills.

We closed on Friday, and I’m proud to have have represented her as well as the sellers, Ed and Ginger.

Jakes got great plans for his new digs on 6^th Street. We got the pool up and running during the escrow period, and his new neighbors will be glad to know that the largest weeds in all of Downtown will be gone this week!

It was a bank owned foreclosure, and the whole deal from start to finish was smooth and without turmoil!

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A New Vintage Las Vegas Neighbor Gets Keys To His Mid Century Modern Bank Owned Foreclosure

September 15th, 2008 Categories: Congratulations, Southridge

If you’ll remember way back in July,  I started the Fun Features Found In Foreclosures series with the mid century modern home at 704 Canosa. Harold stepped to the plate and started a very long escrow with the bank seller.

I only bring up the bank seller and the long escrow because the bank dragged their feet at every step and turn of the whole process. Harold and I want to remind you that patience is a virtue when dealing with the foreclosed homes. They took 2 weeks to give us the first counter offer, which Harold accepted. They took 10 days to return to us the signed final contract which actually allowed me to open the escrow. We were ready to close 10 days ago. It took the bank 8 days to sign off on the final paperwork from the escrow company.

That put us a full week late in closing, and Friday we got notice that the bank/seller wanted to charge the BUYER a late fee for not closing on time when the hold up was caused by the bank. 2 hours of angry phone calls later, I got them to drop the late fee demand and to authorize the closing. Of course by then, it was 4pm on Friday, so Harold finally became a homeowner today at 8am.

There’s some tremendous opportunities sitting out there for those with patience and the time energy and resources to fix these homes back up once you’re the owner. Rarely have I ever seen a bank owned foreclosure repo that was in move in ready condition.

Out in the suburbs, however, there are foreclosures that have never even been lived in, and and except for the weeds and dead landscape, look just like they did the day the builder delivered it to the speculator. I’ve got Realtor friends who are just as busy as I am selling practically new homes for 1/2 price to people who like cookie cutter homes on tiny lots.

Harold has great plans for the property, and we’ll be watching as he puts it back together. Congratulations.

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Whining and Perstistence Pays Off For The Latest Mid Century Modern Home Owner In Vintage Las Vegas

August 12th, 2008 Categories: Congratulations

Meg moped and whined, but consistently kept looking for a great mid century modern home. The whining was because her dream house had gotten away from her. Actually she started looking about a week too late. Karl and Lorraine were already in contract for the mid mod on 14th Street when Meg found it on line, visited VeryVintageVegas for the first time and called me to see it. I showed it to her anyway, even though it was already under contract.

Heartbroken is a mild word to use to describe what she felt. Would there ever be another that would make her forget it? We scoured Downtown, and Paradise Palms and McNeil and even ventured to Henderson once.

One of the fallouts of the whole foreclosure, lending crisis that we’ve suffered the last year is that most of the most interesting homes aren’t on the market. The sellers are just waiting it out. But occassionally……something very special pops up. I’ve always got my nose to the ground looking for them.

July 4^th weekend, I posted a story called “You Never Know What Will Pop Up”. Dean Martin’s cousin’s house on 6^th street had been put into the MLS at 3 in the morning. I was there at 9:15, camera in hand. Meg was the first client I called, and she saw it on July 4th and 5^th and 6^th and was in contract to buy it on the 7^th.

Meg’s getting her keys today. That she hasn’t had a heart attack from over excitement during the last month of escrow is a miracle in itself. If she’s going to have one, it will be around 5pm when I let her in.

There’s hidden treasure, architecturally and design wise behind many a front door in Vintage Vegas. I’ve been trying to show some of them to you in the “Fun Features Found In Foreclosures” series that we’ve been running. I try to see 5 or more listings a day in order to “know the inventory”.  

Even when great homes pop up that aren’t my listings, I’m trying to use them to educate , and to present them to you. For example there’s a real sweetheart mid century modern home that I mentioned last week, that no one has grabbed yet.

Anyway, Congratulations Meg, and as my russian grandfather said to me the day I bought my first home….“WEAR IT IN GOOD HEALTH!”

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