If you’re in the market for a new home in Las Vegas and looking for a deal, short sale homes may be worth considering. These properties are typically sold for less than what the owner owes on their mortgage, making them a potential bargain for buyers. Check out our list of the top 10 short sale homes currently available in Las Vegas.
What is a short sale?
A short sale is a real estate transaction where the homeowner sells their property for less than the amount owed on their mortgage. This is typically done in order to avoid foreclosure and the negative impact it can have on the homeowner’s credit score. The lender must approve the sale and may forgive the remaining balance on the mortgage. Short sales can be a good option for buyers looking for a bargain, but they can also be a complex process with potential pitfalls.
Why consider buying a short sale home?
Location, location, location: Top neighborhoods for short sale homes in Las Vegas.
When it comes to finding the best short sale homes in Las Vegas, location is key. There are so many great neighborhoods to pick from. These areas offer a variety of homes at different price points, so you’re sure to find something that fits your budget and lifestyle. Be sure to work with a local real estate agent who can help you navigate the market and find the perfect home for you.
Top 10 short sale homes in Las Vegas: Features and prices.
 Our list of the top 10 short sale homes in Las Vegas includes a variety of properties with different features and price points. From spacious family homes to cozy condos, there’s something for everyone on this list. So why wait? Start browsing today and find your dream home!
$420,000
Active
3524 Silver Lantern Drive North Las Vegas, Nevada
3 Beds 2 Baths 1,453 SqFt 0.13 Acres
$589,999
Active
5161 Birchland Manor Avenue Las Vegas, Nevada
5 Beds 3 Baths 2,460 SqFt 0.08 Acres
$650,000
Active
9956 Joshua Foothills Street Las Vegas, Nevada
3 Beds 3 Baths 2,467 SqFt 0.15 Acres
$470,000
Active
7114 Superstar Street North Las Vegas, Nevada
4 Beds 3 Baths 2,329 SqFt 0.08 Acres
$1,100,000
Active
1000 Golden Age Court Las Vegas, Nevada
4 Beds 3 Baths 4,252 SqFt 0.31 Acres
$415,000
Active
2819 Prickley Pear Drive Henderson, Nevada
3 Beds 3 Baths 1,331 SqFt 0.1 Acres
$590,000
Active
1024 San Gabriel Avenue Henderson, Nevada
3 Beds 2 Baths 1,908 SqFt 0.93 Acres
$439,000
Active
9190 Wine Cellar Avenue Las Vegas, Nevada
3 Beds 3 Baths 1,935 SqFt 0.09 Acres
$399,900
Active
415 Golden State Street Henderson, Nevada
2 Beds 2 Baths 1,296 SqFt 0.06 Acres
Tips for navigating the short sale process.
There are several steps in the process. Step 1 you will make an offer to the seller and their agent. Once the contract is accepted then the next step is to get an approval from the bank. The process can be tedious and the bank may not approve the short sale. It may also take months for an approval. There have been several times when the bank will still negotiate the sales price of the home. Both the Buyer and Seller will always have to agree to the new sales price. Even after the new sales price is agreed upon the bank will need to approve the new terms. They can also negotiate the price yet again.
