| |
Newsroom /
Business
/
Business
/
Real Estate Investing Made Easy and Fun with Las Vegas Foreclosure Treasure Hunt
Real Estate Investing Made Easy and Fun with Las Vegas Foreclosure Treasure Hunt
The Las Vegas housing market is loaded with foreclosed properties which banks need to get off their books. Las Vegas-based Foreclosure Treasure Hunt puts interested investors together with foreclosed properties, quickly reselling them, putting families back into these homes.
NV ,
TLas Vegas,
United States of America
(prbd.net)
01/11/2010
Las Vegas, NV - October 28, 2010 -- The Las Vegas housing market, like every other city in the United States, has seen its share of foreclosures since 2008. More homes are on the market than ever before. Banks need to get properties off their books, and into the hands of new owners. Las Vegas-based Foreclosure Treasure Hunt steps into the gap, putting interested investors together with foreclosed properties, quickly reselling them, and putting families back into these homes.
Since the 1990s, Las Vegas has experienced a dramatic growth in population, fueled by people looking for an affordable place to retire, or seeking new job opportunities. The result - a big increase in construction of new housing. Now, a slower economy and a changing job market have combined to roll the prices of many of these homes back to levels not seen since 1999.
This revaluation of home prices has created a very strong buyer's market, because many owners now want to sell out, take what gains they can, and move on. There are even better opportunities to be had through foreclosure auctions - if an investor knows where to go, and can commit some time to take full advantage of this opportunity to earn a return on their money.
Foreclosure Treasure Hunt (http://www.VegasForeclosureTreasureHunt.com/) focuses on foreclosure auctions in Las Vegas. The company's program offers prospective investors the opportunity to succeed, by leveraging the knowledge and experience provided by Foreclosure Treasure Hunt.
"The number of homes and properties the Las Vegas finance companies and banks are sitting on is well above what they're equipped to manage and spend time with to resell. Their sense of urgency has become one of the best money-making prospects in real estate I've seen in years," explained Ron Hillman of Foreclosure Treasure Hunt. "Thanks to the frequency of foreclosure auctions here in Las Vegas, Foreclosure Treasure Hunt has developed a process that allows an investor to repeat the buy-and-sell process as often as every three months. On a return of just 10%, an investor could triple their money within three years."
Those shopping for real estate can enjoy a free three day and two night stay in Las Vegas (http://bit.ly/FreeVegasTrip). In addition to all the usual shows, events, and attractions available in Las Vegas, the Foreclosure Treasure Hunt staff take visitors on a tour of the city, showing homes that are about to be placed into upcoming foreclosure auctions. Investors can specify the style and size of home they're looking for - they can even set a price range. Foreclosure Treasure Hunt then does the time-consuming leg work. Investors can relax, and enjoy their time in Las Vegas.
Foreclosure Treasure Hunt searches all Las Vegas area foreclosure auctions for homes that match their client's criteria. They attend the auctions, do the bidding and finalize the purchase of the property. The company does the hard work, making it easy (even fun) for investors to make a return on their money.
With any investment, timing is everything. Las Vegas is in the process of a turnaround. New construction is expected to create new hotel rooms, new jobs and renewed demand for homes and property. Foreclosure Treasure Hunt partners with investors to clean up and resell (or "flip") homes bought at foreclosure auctions (http://bit.ly/LasVegasForeclosures). The quick resale of a home in Las Vegas can return a 15 to 20% profit in just a few months. Foreclosure Treasure Hunt then splits that profit 50-50 with the buyer.
If this process is completed four times a year (and Foreclosure Treasure Hunt can demonstrate this is easily possible) a real estate investor could see around a 40% annual cash on cash return. And investors can get started with as little as $40,000.
"We know we have the right formula," Hillman stated. "Banks aren't in the property management business. They're in the money business. The real estate investor's advantage is that banks are large enough to swallow a loss that can be turned into a profit for the person who realizes the time to move is now."
About Foreclosure Treasure Hunt:
Foreclosure Treasure Hunt specializes in following the Las Vegas foreclosure auction market and matches prospective real estate investors with homes and properties that match their style, design and price preferences. Foreclosure Treasure Hunt then partners with clients to purchase these properties with the goal of reselling in the short term to realize a profit. To learn more, visit the company's web site at http://www.VegasForeclosureTreasureHunt.com/
Contact:
Ron Hillman
Foreclosure Treasure Hunt
6955 North Durango Drive, Suite 1115-323
Las Vegas, NV 89149
Phone: 702-812-1010
ronniehillman@hotmail.com
http://www.VegasForeclosureTreasureHunt.com/
About
Pressrelease Solutions is a press release distribution service. Unlike many other press release distribution services, we care about quality press releases. A common problem in today's distributions are distributors who publish anything to make money. This results in journalists and editors ignoring such places after time. Every press release we distribute is reviewed by a human editor to insure it meets the highest standards of quality. By providing better quality content, we make it easier for
|