Loan programs  (mortgages) are difficult for Canadian residents wanting to buy Las Vegas, Nevada properties. Cash is best. However, there is one loan program available for Canadians. It does require 40% down payment and is not applicable to condominiums (condos). There are other requirements to the program, of course. Contact me if you need more info. But again, for several reasons, cash is your most sure option.

And so you shall see, please take a look at the Las Vegas Housing Supply and Demand statistics for 2012 at my other blog here:

http://www.houseofvegas.com/2012/06/21/may-june-confirm-it-is-sellers-market-las-vegas-supply-demand/

It is a seller’s market in Las Vegas, Nevada, USA with very low inventory especially in desireable areas like Summerlin. But prices are still very low. Take a look at the link above.

Clark County (Las Vegas, NV) foreclosure numbers grind to a halt. Graph: houseofvegas.com/?p=722

I have developed a relationship with a well-known financial institution / lender based in Canada. They are offering loans to Canadian nationals for purchasing Las Vegas homes with as little as 30% down. Interest rates are on par with traditional mortgages for U.S. residents. They can even finance a few of the high-rise strip condos. Call or email me for more information.

Brookfield Residential Property Services a subsidiary of Brookfield Asset Management group of Toronto has bought Prudential Real Estate and Relocation Services. The deal is valued at $110M excluding transactional costs.

According to the Las Vegas Sun

WestJet, which brought 873,801 passengers to Las Vegas in the 12-month period that ended July 31, has increased its flights 18% over the year prior.

A rundown of the cities, frequencies and schedule of service for the eight WestJet destinations:

Victoria, British Columbia. Flights began operating three times a week — Tuesdays, Thursdays and Sundays — through November and will revert to twice weekly Thursdays and Sundays December through April 26.

Saskatoon, Saskatchewan. Wednesday and Saturday flights run Sept. 7 through April 28.

Ottawa, Ontario. Thursday and Sunday flights will run Sept. 8 through April 26.

Hamilton, Ontario. Monday and Friday flights will operate Sept. 9 through Nov. 28.

Regina, Saskatchewan. Monday and Friday flights will operate Sept. 9 through April 27.

Prince George, British Columbia. Wednesday and Saturday service will run Sept. 10 through Nov. 26.

Kelowna, British Columbia. Tuesday and Saturday flights will run Sept. 9 through April 28.

London, Ontario. Thursday and Sunday service will operate Oct. 30 through April 26.

This means more convenient flights for my Canadian clients to buy houses and commercial properties in Las Vegas.

Full Article here

Darren Walsh, legal counsel, to my company explains how the bill that came into effect today will affect 2nd/Jr. lien holders’ rights to sue. A big win for the consumers. A special thanks to my broker, Heidi Kasama who helped spearhead the bill!

Take a look at the commentary at Darren’s blog: http://ameglegal.wordpress.com/2011/06/17/short-sale-junior-lien-holder-rights-other-changes/



Investors, cash buyers push Las Vegas home sales higher

from HousingWire.com

http://www.housingwire.com/2011/06/30/investors-cash-buyers-push-las-vegas-home-sales-higher