Welcome!

News Feed Item

Las Vegas Real Estate Agent closes sale on Investment Property in 60 days

Las Vegas real estate agent, Tania Michaels, closes a sale on an investment property in central Las Vegas

LAS VEGAS, Dec. 9, 2012 /PRNewswire/ -- Las Vegas real estate agent, Tania Michaels of Focus Commercial Group, has closed a sale on an investment property in Las Vegas.

The property was on the market nine days and had received multiple offers. It sold for just over list price and closed escrow in sixty days. The buyer utilized a conventional loan to purchase the property.

Michaels has released a new online tool for obtaining the most reliable information on Las Vegas home values. The online tool retrieves data directly from the local MLS.  Users can also receive a monthly snapshot of their Las Vegas home values.  The tool can be accessed here: http://www.MichaelsRealEstate.com/LasVegasHomeValues

Initial challenges in selling the property involved a lack of tenant cooperation. Some buyer's agents reported being locked out by the tenant.  Other agents who were finally able to gain access recounted disturbing physical conditions. One agent claimed "...it was so bad in there, I had to put my shirt over my nose to breath."

By the close of escrow, the property had become vacant.  "The most common challenge with selling an occupied rental property is gaining the tenant's cooperation. Unless the owner compensates the tenant, there is no real motivation for the tenant to work with us and keep the house open to potential buyers," says Michaels.  Selling a vacant investment property, however, also has its challenges.  "Vandalism is a high risk right now.  Unexpected serious damage, like a water leak, can go unnoticed for days when no one is there to report it.  And then, obviously, there is the loss of rental income.  If a rental property is vacant, the key is to sell it fast," notes Michaels.

Selling the property quickly is a welcome relief for out of state property owners who often incur expenses that local owners may not. Many property management companies charge extra to oversee projects outside the scope of collecting the rent. So not only does the owner pick up the tab for maintenance and legal fees, but many are also paying project management fees for repairs or upgrades not covered by the management company's contract.

Another challenge frequently encountered by out of state owners is finding the right Las Vegas real estate agent.  Displeasure with services received from their property management company can cause owners to start looking elsewhere for another real estate company to handle the sale, which can take time.  Michaels' client indicated hiring her after just one phone conversation.  "I had been given referrals...many people had been sending me letters and calling me but when I talked to Tania, I knew she was the one.  She is calm and takes the time to explain things.  I was confident in her even though I had never met her.  It's wasn't complicated but it took time.  In the end, I went with my gut."  

Call 702-546-6432 to speak with a Las Vegas real estate agent.

About
Tania Michaels is 16 year Las Vegas real estate agent who specializes in Seller representation.  

Las Vegashttp://michaelsrealestate.com/lasvegashomevalues

If you have an interest in selling your Las Vegas real estate, Tania can be reached through her website at:  http://michaelsrealestate.com/schedule-an-appointment/

Photo(s):
http://www.prlog.org/12039388

SOURCE Michaels Real Estate Group, LLC

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"Storpool does only block-level storage so we do one thing extremely well. The growth in data is what drives the move to software-defined technologies in general and software-defined storage," explained Boyan Ivanov, CEO and co-founder at StorPool, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
ChatOps is an emerging topic that has led to the wide availability of integrations between group chat and various other tools/platforms. Currently, HipChat is an extremely powerful collaboration platform due to the various ChatOps integrations that are available. However, DevOps automation can involve orchestration and complex workflows. In his session at @DevOpsSummit at 20th Cloud Expo, Himanshu Chhetri, CTO at Addteq, will cover practical examples and use cases such as self-provisioning infra...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory? In her Day 2 Keynote at @DevOpsSummit at 21st Cloud Expo, Aruna Ravichandran, VP, DevOps Solutions Marketing, CA Technologies, was jo...
As Marc Andreessen says software is eating the world. Everything is rapidly moving toward being software-defined – from our phones and cars through our washing machines to the datacenter. However, there are larger challenges when implementing software defined on a larger scale - when building software defined infrastructure. In his session at 16th Cloud Expo, Boyan Ivanov, CEO of StorPool, provided some practical insights on what, how and why when implementing "software-defined" in the datacent...
Blockchain. A day doesn’t seem to go by without seeing articles and discussions about the technology. According to PwC executive Seamus Cushley, approximately $1.4B has been invested in blockchain just last year. In Gartner’s recent hype cycle for emerging technologies, blockchain is approaching the peak. It is considered by Gartner as one of the ‘Key platform-enabling technologies to track.’ While there is a lot of ‘hype vs reality’ discussions going on, there is no arguing that blockchain is b...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, discussed the b...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Is advanced scheduling in Kubernetes achievable?Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, answered these questions and demonstrated techniques for implementing advanced scheduling. For example, using spot instances and co...
The use of containers by developers -- and now increasingly IT operators -- has grown from infatuation to deep and abiding love. But as with any long-term affair, the honeymoon soon leads to needing to live well together ... and maybe even getting some relationship help along the way. And so it goes with container orchestration and automation solutions, which are rapidly emerging as the means to maintain the bliss between rapid container adoption and broad container use among multiple cloud host...
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.
The need for greater agility and scalability necessitated the digital transformation in the form of following equation: monolithic to microservices to serverless architecture (FaaS). To keep up with the cut-throat competition, the organisations need to update their technology stack to make software development their differentiating factor. Thus microservices architecture emerged as a potential method to provide development teams with greater flexibility and other advantages, such as the abili...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.