Uncle Jay Explains the Deficit

Can it be any clearer? Check out this video which may explain the mess we're all in with the real estate, banking, and stock markets.

Now why didn't I think of that?

Inspirational Messages Directly to Your Cell Phone

In this down economy and doom and gloom all over the place, it's probably a good idea to get some positive reinforcement every once in a while.

I recently signed up to receive daily insights and inspirational text messages right to my cell phone on a daily basis. check it out for yourself at this link

If it helps us all whether the Las Vegas high rise condo market and real estate industry in general until things get better, I'm all for it. Hope this brightens someone's day!

When you see "Short Sale", Move On ...

Whether you're looking to purchase a Las Vegas high rise condo, or just any type of Las Vegas property, save yourself some time and pass on the "Short Sale" deal. Short Sales are sexy... they're alluring.. and they're a total waste of time.

Most buyers will see "short sale" and put in a low-ball offer to see what happens. Well, what happens is the bank sees tons of these offers, and they don't like any of them. So they counter with "highest and best". Then they'll take what they consider the best offer and wait under the guise of determining whether or not to allow the sale.

What they're doing in real life is waiting for an even better offer to come to the table. Short sale buyers may wait months for their deal to move forward, and even then the bank can kill the deal anywhere in the process. Meanwhile, real deals and real bargains out there are taken by other investors and home buyers.

It happens with houses, it happens with condos, it happens with high rises. Here's my advice: foreclosures, YES... short sales, PASS.