Las Vegas Cay Club Inventory as of Feb 25, 2008
Here is the inventory update, things are starting to happen! I am starting to see more buyer activity as a result of the lower pricing. I’ve also been speaking with several owners in the past week, and I expect there will be several more “Short Sale” listings in the coming weeks. Based on this new price point we will start to see sales. Keep checking as I will have some new exciting updates very soon!
July 31st, 2008 at 9:28 am
I saw a post on another page and thought to post here too. If you are a current owner and want to band together with other owners but can’t find them, just go to the county tax assessor. You have to put in a search for 4200 South Valley View Boulevard, Paradise, NV. (not Las Vegas, NV).
They list all 350 owners of your property broken down by unit number. I went there because I was searching for a cheap weekender vacation condo in Vegas .I was researching a half dozen (bank owned condos) in your complex for less than 69,000. I couldn’t believe condos could be bought so close to the strip for this price. I’m sorry to see what happened to you guys. My advice if you can afford it, hold them. The location is incredible and development will eventually come (though probably not from the scammers you bought from). I went through upside down investment condos in CA 15 years ago stuggled but held them..and made out big after 5-7 years. Enjoy your vacation home in the meantime. And unless your CCR’s require it you can use any management company for renting out your property( or none at all and rent it out yourself.) And never sign away your rights! (I saw something on another blog about signing power of attorney over to a third party-NEVER!!!)