This is a Notice of Foreclosure Sale property and will go through an Auction process. The distressed owner was unable to find a promising buyer to cover the loan amount (+ dues) within a specified time frame and interested buyers can bid on the property at a public auction. A public auction could fetch one of the best bargains for buying a property
This is a Real Estate owned (REO) property. The lender possesses the property either at an auction or through an agreement with the owner during pre-foreclosure. The property is maintained by the bank or by representative agents acting as safe-keepers / sellers on their behalf. This property can fetch you the best deal when compared to the AS IS condition of any foreclosure property. While the costs might be a bit higher than foreclosures, REO properties still would fetch you good savings on a house purchase deal
This is a Real Estate owned (REO) property. The lender possesses the property either at an auction or through an agreement with the owner during pre-foreclosure. The property is maintained by the bank or by representative agents acting as safe-keepers / sellers on their behalf. This property can fetch you the best deal when compared to the AS IS condition of any foreclosure property. While the costs might be a bit higher than foreclosures, REO properties still would fetch you good savings on a house purchase deal
MYSORE SITE FOR SALE OWNER 2400 square feet site for sale immediately (60*40) MUDA . .East faceing purchased in GOVERNMENT auction allotment ,pure document’s with registration. Right side of the site with newly constructed house and front side road, backside constructed house, with water supply ,current and all basic amenities available near the site. located about 4 kms from Devaraja URS road .With school ,hospitasl’s,super market in 0.5 kms radius . more details..
MYSORE SITE FOR SALE OWNER 2400 square feet site for sale immediately (60*40) MUDA . .East faceing purchased in GOVERNMENT auction allotment ,pure document’s with registration. Right side of the site with newly constructed house and front side road, backside constructed house, with water supply ,current and all basic amenities available near the site. located about 4 kms from Devaraja URS road .With school ,hospitasl’s,super market in 0.5 kms radius . more details..
Great opportunity to own a sought after parcel of land in Bryson City. Approx 87% of land in Swain County is owned by the Federal Government making aquiring land extremely rare. This property has AMAZING views from the ridgeline that borders National Forest. All permitting and erosion control plans have been implemented. All lots are permitted for a 3 Br. home. All lots are ample size and each offer breathtaking views. Great investment for developer. Please visit http://ncmountaintopproperty.com/ for additional information. Also visit www.whitefordauctions.com for upcoming auction and details. Offers on this property can be submitted online by going to www.whitefordauctions.com. Call listing agent for more details.
New A/C unit, new water heater, wonderful view of serene landscaping. This is not a bank, irs, probate or foreclosure auction. Government fianancing? Great Apartment, new A/C unit, new water heater, wonderful view of serene landscaping. This is not a bank, irs, probate or foreclosure auction. Government financing subsidy progams a possiblity for qualified buyers. Condo For Sale in Miami Florida USA find Miami properties
Directions From Downtown Nash take I-65 N to Vietnam Veterans Blvd. (Hwy 386) follow to Exit 12. ( Big Station Camp) go right approximately one half mile to property on the Left. *Over 10 Acres one half mile from Vietnam Veteran Pkwy & Nashville Pk* Close to: Sumner Station Fitness Center, Station Camp High School, Knox Doss Middle School, and Kennesaw Farms* Great Developement Property* Plenty of Road Frontage* Can't Make It To The Sale? Live Internet Bidding at www.Proxibid.com/TimBrewer There will be a 5% Buyers Premium added to the final bid to establish the purchase price. Seller will have 14 days to respond to the high bid. This property is governed by a board of directors who will need some time to review the bid. Auction Terms 10% NON-REFUNDABLE deposit and sign a sales contract. Balance will be due at closing within 30 days. Make all financial arrangements prior to the sale. The seller will furnish a general warranty deed and title ins. Possession date of deed. Great Property. Seller is liquidating properties they no longer need. Owners are represented by a board of directors. If you are the successful bidder they will have 14 days to repond to your bid. They want to sell so BE THERE AND BID!!
Sale of Government Property IFB-Sale #:GSA-MR-1110-1 Online Auction End Date: Based on Bidding Starting Bid: $1,000,000 Registration Deposit: $25,000 Bid Increments: $25,000 Custom built contemporary home on a spacious .89 acre lot. Located in the sought after Bradley Hills subdivision in Bethesda, Maryland. Spacious floor plan offering 3,199 sq ft of finished living space. This home offers a huge gourmet kitchen. The main level features a living room, dining room, sunroom, an expansive master suite with private bath, two additional guest bedrooms, full bath and guest half bath. The lower level offers a spacious entertainment room with full bath. Excellent space for entertaining and family fun.
Sale of Government Property IFB-Sale #:GSA-MR-1111-1 Online Auction End Date: Based on Bidding Starting Bid: $1,500,000 Registration Deposit: $25,000 Bid Increments: $25,000 For Full Details Visit: RealEstateSales.gov Stunning All Brick Colonial Formal Living and Dining Rooms Excellent Floor Plan forEntertaining Chefs Kitchen with Professional Viking Appliances Oak Hardwoods throughout the Main Level Expansive Main Level Party Room and Study with Built-in Bookcases Spacious Master Retreat with Walk-in Closetand Luxurious Master Bath Two Spacious Guest Bedrooms Full Finished Lower Level Spacious Recreation Room Wired for Security System Lower Level Full Bath and Laundry Room Beautifully Landscaped Grounds with Custom Brick Paver Patio Sought After Location!
Beautiful SOUTH PADRE SPRINGS RANCH Forty Acres - West Texas Near County Seat of Marfa Fast growing PRESIDIO COUNTY, TEXAS This is a cash sale and title is clear. Warranty Deed to be issued to buyer. There are no back taxes and no POA dues. Sealed bid, high bidder will be notified at end of auction and will be given 24 hours to put down $500 non refundable deposit. Annual taxes are just $210. Ready for hunting, camping, building a home or parking an RV. Leave this beautiful property in your family's estate for current and future generations to enjoy at a nominal cost. Low Reserve! Call David at 623 203 2700 with questions. THIS IS A SILENT AUCTION. PLEASE EMAIL OR FAX BEST BIDS (MINIMUM BID IS $5,000) TO DAVID WARONKER: FAX NUMBER: 240 220 8671 EMAIL: DESERTMOUNTAINLAND@GMAIL.COM. Government Census Data: http://quickfacts.census.gov/qfd/states/48/48377.html County Website: http://www.co.presidio.tx.us/ips/cms
Sale of Government Property IFB-Sale #:GSA-MR-1112-1 Online Auction End Date: Based on Bidding Starting Bid: $775,000 Registration Deposit: $25,000 Bid Increments: $25,000 For Full Details Visit: RealEstateSales.gov Formal Living and Dining Rooms Excellent Floor Plan forEntertaining Chefs Kitchen withProfessional VikingAppliances Expansive Great Room with Full Wall Brick Fireplace and Sliding Glass Door leading to the Covered Deck Main Level Full Bath Spacious Upper Level Master Retreat with Large Walk-in Closet and Private Bath Four Upper Level Guest Bedrooms, Two Full and One Half Baths Unfinished Lower Level with Full Bath; Perfect for Future Rec Room, Media Room, Au/pair Suite and More... Beautifully Landscaped Yard with Park Like Setting Relaxing Deck withRetractable Awning Sought After Location!
AUCTION: 499 Acres with (2) Camps Friday, July 9 at 12:30 PM 329 New Dominion Lane Dillwyn, VA Buckingham County Owner Financing Available Former facilities of New Dominion Schools. Beautiful 499 acres featuring (2) separate, self-contained, modern camp facilities! Each camp is well equipped and features ample facilities for administration, staff, and campers. Facilities are well maintained and include large dining halls with fully equipped commercial grade kitchens. Ideal for church, corporate retreats, or government contract training facilities. A rare opportunity to purchase this type facility! - Just 2 miles from US-60 - 20 minutes from Farmville - Less than an hour from Richmond, Charlottesville, and Lynchburg - Less than 3 hours from Washington DC, Virginia Beach, Raleigh NC, Durham NC, and Greensboro NC Offered in 3 tracts and as a whole! Tract 1: 100 Acre Camp Facility 99.55 Acres 21,000 square feet of facilities Accommodates at least 72 residents plus staff Very nice administrative building (2,432 sq.ft.) Lodge (5,184 sq.ft.) School Building (5,376 sq.ft.) Shower & laundry house (1,056 sq.ft.) Vo-tech / Maintenance Shop (3,496 sq.ft.) 5-bay equipment barn Tool storage building (1,248 sq.ft.) (4) Cabins (2) Rustic Campsite Villages Pavilions 3 Ponds Plus trails, basketball court, volleyball court, baseball/softball fields, and much more!!! Estimated $100,000 in timber value Tract 2: 50 Acre Camp Facility 49.07 Acres off Claybank Rd 12,000 square feet of facilities Accommodates at least 48 residents plus staff Large, modern administrative building (5,152 sq.ft.) School Building (2,432 sq.ft.) Shower & laundry house (960 sq.ft.) Several storage buildings Pavilions (2) rustic campsite villages Beautifully landscaped Plus trails, basketball court, volleyball court, baseball/softball field, and much more!!! Estimated $50,000 in timber value Tract 3: 350 Acres 350.23 Acres off High Rock Rd Beautifully wooded (timber is reserved on Tract 3) 18 acres of beautiful, lush field with great views $40,000 ropes course Fantastic camping area along scenic Buffalo Creek (2) rustic camping villages Trails throughout Great addition to either camp DIRECTIONS From Sprouses Corner in Buckingham (intersection of US-15 & US-60), take US-60 East. 6 miles to LEFT on High Rock Rd (Rt.628). 2 miles to RIGHT on New Dominion Ln. Quarter mile straight into property. To get to other side of property, go back to US-60. Turn LEFT (US-60 East). Go 3/4 mile to LEFT on Claybank Rd (Rt.626). 1-1/2 miles on LEFT. AUCTION SITE Auction will be conducted on Tract 1. INSPECTIONS Tuesday, June 22 from 12-2 PM Thursday, July 1 from 12-2 PM Wednesday, July 7 from 12-2 PM TERMS 10% deposit day of sale from high bidder by cash or check with ID. Balance due at closing on or about 30 days. 5% buyer's premium added to high bid to determine final sales price. REAL ESTATE AGENTS/BROKERS 2% broker participation available. Call (434) 847-7741 for registration form.
Summary An early inspection of this one bedroom ground floor apartment is recommended. The accommodation is ready to move into and comprises: entrance hall, open plan kitchen diner with lounge, bedroom one and bathroom, having central heating, double glazing - this property is not to be missed! Description Located in the popular Moortown area, this one bedroom ground floor apartment is ready to move into. The accommodation comprises: entrance hallway, open plan living space with kitchen diner and lounge, one bedroom and a shower room. To the outside are communal gardens and there is a garage in a block to the rear of the complex. Ideal for a range of buyers, this property has easy access to public transport, road networks and local shops on Harrogate Road as well as at Moortown corner and Chapel Allerton. Early viewing is recommended to avoid disappointment! Kingsway Court, Moortown Communal Entrance Hallway Communal entrance door, the door to the apartment can be found on the ground floor. Entrance Hallway Wall mounted boiler, door into: Open Plan Kitchen/living Space Irregular Shaped Room 15' 5" max x 14' 4" max ( 4.70m max x 4.37m) Kitchen Area The kitchen comprises of modern range of wall and base units, work surface incorporating stainless steel sink and drainer unit, stainless steel electric oven and 4 ring electric hob, stainless steel cooker hood and wine rack. It is part tiled with plumbing for washing machine. Lounge And Dining Area Two double glazed windows to the front elevation, laminate flooring, coving to ceiling, central heating radiator Bedroom One 12' 5" x 10' 3" ( 3.78m x 3.12m ) Double glazed window to the front, central heating radiator Bathroom Double glazed window to the side, bathroom suite comprised of wash hand basin, w.c, paneled bath with shower over, tiled, central heating radiator Externally To the outside of the property are communal gardens comprising of lawns, and mature trees and shrubs. Garage 16' x 7' 8" ( 4.88m x 2.34m ) There is also an allocated garage with up and over door. Buyers Incentive There is 1000 Buyer'S Incentive on this property. Please call us on for further information. We Can Help Mortgages Auctions Surveys Residential Lettings and Management Energy Performance Certificates .New Homes .Homes Overseas The Offer Process When you wish to offer on a property, we want to make the process as easy and efficient as possible for you. Because we are governed by the Estate Agency Act, there are some simple requirements to which we have to adhere. New laws came into effect, including the Money Laundering Regulations 2003, which places further responsibilities on us, as estate agents, in term of the information we collect from anyone buying or selling a property through us. Before we can recommend an offer to our clients we will require the following information: o A full, valid passport or driving license (with Photo) o Recent, official correspondence showing your current address (utility bill, bank or credit card statement or council tax bill) If you haven't yet sourced your finance we offer an information service, which will help to calculate the full cost of moving including solicitors cost, survey cost, monthly outgoings and the total amount you can borrow. Please help us comply with the new laws. We will make an appointment as soon as possible for you to complete this process and avoid any delays, the quicker we can qualify your position the sooner our clients can accept your offer!! If you live some distance away, or even abroad, the regulations do still apply. Please ask how we can help you supply the relevant documents. Please feel free to ask any member of staff for more information. Directions From the office, proceed along Harrogate Road towards Leeds City Centre. At the traffic lights go straight on, the apartment can be found on the right hand side opposite Stainburn Drive. 1. Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. 3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture. 4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5. These Particulars Are Issued In Good Faith But Do Not Constitute Representations Of Fact Or Form Part Of Any Offer Or Contract. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BuyerS OR TENANTS. Neither Sequence (UK) Limited Nor Any Of Its Employees Or Agents Has Any Authority To Make Or Give Any Representation Or Warranty Whatever In Relation To This Property. Lifestyle Activities City Complex Amenities and Services Shops Property Characteristics Ground Floor Property Features Garden Central Heating Double Glazing Garage Lobby Views Wooden Floors Fixtures and Furnishings Bath Carpets Cooker Shower Washing Machine. http://www.arkadia.com/zpoc-t998668/
Summary A beautiful, two double bedroom apartment in this much sought afetr Alwoodley location. Having been upgraded to a very high standard, including a modern bathroom and kitchen, internal viewing of this apartment is essential. There is no onward chain. Description We are pleased to offer for sale in this much sought after apartment building this extremely well presented two bedroom apartment of generous proportion. With access to local amenities and transport links the property briefly comprises communal entrance hall, apartment entrance hall, through lounge diner, kitchen, two double bedrooms, bathroom, communal gardens and communal parking. Early viewing is recommended to avoid disappointment. Communal Entrance Hall Apartment Entrance Hall Entrance door, storage cupboard. Bathroom Fully tiled, feature wall mounted wash hand basin, roll top bath, wc. Bedroom One 14' 2" x 10' 3" ( 4.32m x 3.12m ) PVCu double glazed windows to side and fitted wardrobes. Bedroom Two 12' 2" x 9' 2" ( 3.71m x 2.79m ) PVCu double glazed windows to side. Lounge With Dining Area L-Shaped Room 18' 9" x 10' 6" + 10' 2" x 9' 1" (5.71m x 3.20m + 3.10m x 2.77m ) Laminate wood flooring, PVCu double glazed windows to side, secure entry system. Kitchen 9' 11" x 9' 3" ( 3.02m x 2.82m ) Modern fitted kitchen with a range of wall and base units, work surfaces incorporating stainless steel sink and drainer unit, electric hob and electric oven with complimentary stainless steel cooker hood, integral fridge freezer, integral dishwasher, plumbing for automatic washing machine. Outside There is a parking space allocated to the apartment and communal gardens. Buyer Incentive There is 1000 Buyer'S Incentive on this property, please call us on for further information. How Can We Help How Can We Help Mortgages Auctions Surveys Residential Lettings and Management Energy Performance Certificates .New Homes .Homes Overseas The Offer Process When you wish to offer on a property, we want to make the process as easy and efficient as possible for you. Because we are governed by the Estate Agency Act, there are some simple requirements to which we have to adhere. New laws came into effect, including the Money Laundering Regulations 2003, which places further responsibilities on us, as estate agents, in term of the information we collect from anyone buying or selling a property through us. Before we can recommend an offer to our clients we will require the following information: o A full, valid passport or driving licence (with Photo) o Recent, official correspondence showing your current address (utility bill, bank or credit card statement or council tax bill) If you haven't yet sourced your finance we offer an information service, which will help to calculate the full cost of moving including solicitors cost, survey cost, monthly outgoings and the total amount you can borrow. Please help us comply with the new laws. We will make an appointment as soon as possible for you to complete this process and avoid any delays, the quicker we can qualify your position the sooner our clients can accept your offer!! If you live some distance away, or even abroad, the regulations do still apply. Please ask how we can help you supply the relevant documents. Please feel free to ask any member of staff for more information. Directions From our office on Harrogate Road proceed north, turn right at the second roundabout onto the Ring Road, proceed down the Ring Road and turn left onto Sandringham Gardens and first left onto Sandringham Drive, follow the road round and turn left into Ingledew Court. 1. Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. 3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture. 4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5. These Particulars Are Issued In Good Faith But Do Not Constitute Representations Of Fact Or Form Part Of Any Offer Or Contract. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BuyerS OR TENANTS. Neither Sequence (UK) Limited Nor Any Of Its Employees Or Agents Has Any Authority To Make Or Give Any Representation Or Warranty Whatever In Relation To This Property. http://www.arkadia.com/zpoc-t865074/
Summary A beautiful, two double bedroom apartment in this much sought afetr Alwoodley location. Having been upgraded to a very high standard, including a modern bathroom and kitchen, internal viewing of this apartment is essential. There is no onward chain. Description We are pleased to offer for sale in this much sought after apartment building this extremely well presented two bedroom apartment of generous proportion. With access to local amenities and transport links the property briefly comprises communal entrance hall, apartment entrance hall, through lounge diner, kitchen, two double bedrooms, bathroom, communal gardens and communal parking. Early viewing is recommended to avoid disappointment. Communal Entrance Hall Apartment Entrance Hall Entrance door, storage cupboard. Bathroom Fully tiled, feature wall mounted wash hand basin, roll top bath, wc. Bedroom One 14' 2" x 10' 3" ( 4.32m x 3.12m ) PVCu double glazed windows to side and fitted wardrobes. Bedroom Two 12' 2" x 9' 2" ( 3.71m x 2.79m ) PVCu double glazed windows to side. Lounge With Dining Area L-Shaped Room 18' 9" x 10' 6" + 10' 2" x 9' 1" (5.71m x 3.20m + 3.10m x 2.77m ) Laminate wood flooring, PVCu double glazed windows to side, secure entry system. Kitchen 9' 11" x 9' 3" ( 3.02m x 2.82m ) Modern fitted kitchen with a range of wall and base units, work surfaces incorporating stainless steel sink and drainer unit, electric hob and electric oven with complimentary stainless steel cooker hood, integral fridge freezer, integral dishwasher, plumbing for automatic washing machine. Outside There is a parking space allocated to the apartment and communal gardens. Buyer Incentive There is 1000 Buyer'S Incentive on this property, please call us on for further information. How Can We Help How Can We Help Mortgages Auctions Surveys Residential Lettings and Management Energy Performance Certificates .New Homes .Homes Overseas The Offer Process When you wish to offer on a property, we want to make the process as easy and efficient as possible for you. Because we are governed by the Estate Agency Act, there are some simple requirements to which we have to adhere. New laws came into effect, including the Money Laundering Regulations 2003, which places further responsibilities on us, as estate agents, in term of the information we collect from anyone buying or selling a property through us. Before we can recommend an offer to our clients we will require the following information: o A full, valid passport or driving licence (with Photo) o Recent, official correspondence showing your current address (utility bill, bank or credit card statement or council tax bill) If you haven't yet sourced your finance we offer an information service, which will help to calculate the full cost of moving including solicitors cost, survey cost, monthly outgoings and the total amount you can borrow. Please help us comply with the new laws. We will make an appointment as soon as possible for you to complete this process and avoid any delays, the quicker we can qualify your position the sooner our clients can accept your offer!! If you live some distance away, or even abroad, the regulations do still apply. Please ask how we can help you supply the relevant documents. Please feel free to ask any member of staff for more information. Directions From our office on Harrogate Road proceed north, turn right at the second roundabout onto the Ring Road, proceed down the Ring Road and turn left onto Sandringham Gardens and first left onto Sandringham Drive, follow the road round and turn left into Ingledew Court. 1. Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. 3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture. 4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5. These Particulars Are Issued In Good Faith But Do Not Constitute Representations Of Fact Or Form Part Of Any Offer Or Contract. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BuyerS OR TENANTS. Neither Sequence (UK) Limited Nor Any Of Its Employees Or Agents Has Any Authority To Make Or Give Any Representation Or Warranty Whatever In Relation To This Property.
The World Famous MGM Signature Hotel Condo a BEST BUY Condo For Sale in Las Vegas NV 1 Bedroom with Patio in the Famous MGM Signature Hotel this Vegas Strip Condo High rise unit is the Best Deal and Lowest Price by $20000 Strip Side with a patio and Great views of Strip This unit Sold new in 2006 $470,000. Now priced at only 33 on the dollar! Only 4 years old! Owners pool, spa, and personal check-in office 2 full service fitness centers on site Starbucks, Lounge, Deli, and Gift ship in Lobby Fully furnished condo Hotel All Appliances in place Move in ready No rehab required Unit is in perfect shape 24 hour Guard gated security Hotel Condo with property mgt. program Valet Parking Full Kitchenette with granite counters Balcony with beautiful view of the MGM pool below and of course a GREAT Strip view Strip side units with a balcony will have cash flow Owners privileges ( Stay in your own unit when you are in town. This is not a short sale or a bank owned foreclosure! First come-first served. Interested? Contact Glenn! Glenn@teamplantone.com 702-769-9872 LOWEST PRICE STRIP SIDE STUDIO WITH A PATIO (NOT AN REO OR SHORT SALE) BY $25,000 Hot Property Price: $154,995!!! Cash Buyers only Over the last three years, I have followed the sales trends at the MGM Signature Hotel Condo very closely. (I have also sold 15 units over that time period.) I have written several articles on the MGM Signature, some of which are included as links in this email. The MGM Signature Update 2010 article was geared primarily towards investors looking to purchase MGM units at todays new, low prices. This letter is directed towards investors interested in the MGM Signature project. Most original owners who purchased properties at the height of the market and are now finding themselves upside down in their units. In this letter, I will give you information on current market statistics and what the options may be going forward. As you are probably aware, since the MGM property auction of April, 2009, prices have been dropping dramatically. In the first quarter of 2010 (Jan 1st to March 31st), we saw 18 one bedroom units sold through the multiple listing service. Unit 125-714 established a new, low price for one bedrooms at $165,000. This same unit had sold new in 2007 for $705,000. That means the new sales price was roughly 24 cents on the dollar. During the first quarter, the highest sale price for a one bedroom was $271,000. Studios in the first quarter of this year sold for prices ranging from $114,000 to $218,000. Unit 125-205, a low floor, strip side studio unit that sold new for $485,000 and sold this quarter for $114,000. (Again at only 24 cents on the dollar.) The good news for new investors is that studios can actually cash flow at these new low prices. One bedrooms are still not cash flowing, even at the new lows, because of their higher HOA dues. This is the reason why we are seeing the studios selling for a higher price per square foot than the 1 bedroom units. Since the beginning of 2009, when we began to see foreclosures mounting at the MGM Signature, there have been a total of 168 studios and 67 one bedroom units foreclosed upon and resold within the 1728 unit complex. This represents about 14% of the total complex. We will continue to see distressed sales on MGM Signature properties since virtually every original investor is upside down and very few paid cash for their entire investment. I believe that the nature of those distressed sales is changing in a very significant way. As of this writing, there is only one bank owned REO foreclosure unit in the entire project. This is because foreclosures are slowing dramatically and being replaced by short sales. There are a total of 41 units currently listed for short sale. Because of the governments push to get short sales approved and accepted, they have picked up dramatically in the Las Vegas market. Last year short sales amounted to 8% of all sales while Reos accounted for about 75%. Already this year, short sales have risen to 27% of all sales while Reos have dropped to 43%. At this rate, I project that we will see a much closer correlation between Reos and short sales as the year unfolds. Most analysts feel that we are in for a long ride before property values are anywhere close to the levels of 2007. At the April meeting of the Real Estate Insiders Club here in Las Vegas, Mary Riddel, Associate Professor of Economics at UNLV, made it clear that she believes we are in for about 8-12 years before we see any substantial appreciation in real estate values in the Las Vegas Market. As you may recall the most desirable units at the MGM Signature are the strip side studio units that have a patio/balcony. These units generally sell for about $30,000 more than non patio units. The strip side studio units do cash flow. Although not a tremendous amount but they are selling for about 33 cents on the dollar and have tremendous upside appreciation potential along with the positive cash flow. As of right now there is only 1 strip side studio unit available that has a balcony in the entire complex of 1724 units. It is priced at $154,995. Unit 607 in the middle building has a great strip view along with a beautiful view of the main Signature pool right below. The highly desired middle building has the deli downstairs, year round heated pool and Jacuzzi, and is in the middle of the 2 exercise and fitness rooms that are on site. This unit will go fast. As you recall all sales at the MGM Signature are cash only. Please call me right away if you have any interest in this unit or any other unit here at the MGM signature.
* * CITY LIVING RIGHT BY THE CASTLE * * Located in the middle of Cardiff city centre is this exceptional one bedroom apartment. The apartment is set in a 1800's building with a vast historical background. Briefly comprising an 'intercom access' communal entrance, hallway, generous open plan lounge to the kitchen/breakfast room, double bedroom and bathroom. The apartment has no service charge and only a 25 per annum ground rent. There is approx. 119 years left on the lease. Description Entrance communal hallway Entrance via intercom security door, storage cupboard for apartment, stairs to third floor, door to: Apartment hallway Entrance via door, oak wood flooring, doors to all rooms. Lounge 15'0 x 11'0 Two sash window to front with secondary glazing, electric heater, oak wood flooring, open plan to: Kitchen/breakfast room 13'0 x 8'0 Fitted with a matching range of wall and base units with worktop space over, 1 bowl stainless steel sink unit, integrated larder fridge with freezer box, space for fridge/freezer, built-in electric oven, built-in four ring electric hob with extractor hood over, electric heater. Bedroom 12'9 x 9'0 Two sash windows to front with secondary glazing, electric heater, fitted carpet. Bathroom Three piece suite comprising deep panelled bath with fitted power shower over and glass screen, pedestal wash hand basin and close coupled WC, tiled splashbacks, airing cupboard, electric heater. History information The current vendor has researched the history of the property and previous uses and occupiers. (This has not been qualified by peter alan so accuracy is not guaranteed). This has been one busy property. 1880-1881 - Occupied by James John & Co Drapers. /29 High Street Occupied by James John & Co Drapers. High Street Occupied by Elliott, J Morley Cabinetmaker & Upholster. High Street Occupied by Foster, W & Co Drapers. , 29, 30 High Street Occupied by Howell & Co Ironmongers Hill G, F & Son Solicitors Roberts A, Trevor, Hill & Co Auctioneers, Surveyors, Land Agents, Valuers and House & Estate Agents David, E & David Land Agents. , 29, 30 High Street Occupied by Howell & Co Ironmongers. 1910 - 28, 29, 30 High Street Occupied by Howell & Co Ironmongers & House Furnishers. 1913-1914 - Occupied by Howell & Co Ironmongers & House Furnishers. The Welsh Insurance Corporation. 1915- 1918 - Occupied by Canadian Government Emigration Offices. 1920 - Occupied by Cinema Exchange Society. 1922 - Occupied by Cinema Exchange Society - A Watts, Secretary, Cook Thos & Sons Booking Office. 1924 - 1927 - Occupied by Cinema Exchange Society - A Watts, Secretary Cook Thos & Sons Booking Office, Pullars of Perth Dyers & Cleaners. 1929 - Occupied by Glamorgan Club Cook Thos & Sons Booking Office, Pullars of Perth Dyers & Cleaners. 1932-1937 - Occupied by The Cardiff Jewish Social Club, Cook Thos & Sons Booking Office, Pullars of Perth Dyers & Cleaners. 1949 - 1952 - Occupied by Powe Hector Ltd Tailors, Civil Service Club, Cook Thos Tourist Agents. 1955 - Occupied by Powe Hector Ltd Tailors, Cook Thos Tourist Agents, Burroughes & Watts Ltd Billiards Table Mfrs, Castle Billiard Salon. 1958 - 1970 - Occupied by Burroughes & Watts Ltd Billiards Table Mfrs Castle Billiard Salon. 1972 - Occupied by Modern Recreations Ltd Billiard Hall, Cook Thos Tourist Agents You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website. Lifestyle Activities City High Street Hills Amenities and Services Security Property Characteristics Storage 1920s 1970s 3rd Floor Property Features Intercom Sash Windows Wooden Floors Fixtures and Furnishings Bath Cooker Fridge Shower Toilet. http://www.arkadia.com/zpoc-t1211920/
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