Metropolis Las Vegas Condos For Sale
View these ultimate Las Vegas Luxury Condos at Metropolis. This newly built, art deco era look, condos in Las Vegas have beautiful
views of Wynn’s golf course by day & panoramic Las Vegas Strip views by night. This Las Vegas real estate located at Metropolis Condos has curving windows, floor to ceiling windows, granite kit
Hard Rock Las Vegas Sells for $770 Million Cash
The founder and Chairman of Hard Rock Hotel & Casino Las Vegas said the Morgans Hotel Group Co. has agreed to buy the Las Vegas hotel for $770 million in cash this past Thursday. The casino consisted of 647-room hotel and 30,000 square-foot casino on 41 acres near the Las Vegas Strip. The Las Vegas real estate value is ever growing. (more…)
10 Questions to Ask Your Las Vegas Condo Board
Before you buy, contact the Las Vegas condo board with the following questions. In the process, you’ll learn how responsive—and organized—its members are.
1. What percentage of units is owner-occupied? What percentage is tenant-occupied? Generally, the higher the percentage of owner-occupied units, the more marketable the homes will be at resale.
2. What covenants, bylaws, and restrictions govern the property? What grandfather clauses are in place? You may find, for instance, that those who buy a Las Vegas home after a certain date can’t rent out their homes, but buyers who bought earlier can. Ask for a copy of the bylaws to determine if you can live within them. And have an attorney review property docs, including the master deed, for you.
3. How much does the Las Vegas association keep in reserve? How is that money being invested?
4. Are association assessments keeping pace with the annual rate of inflation? Smart boards raise assessments a certain percentage each year to build reserves to fund future repairs. To determine if the assessment is reasonable, compare the rate to others in the Las Vegas area.
Las Vegas Condos and townhouses offer an affordable option to single-family Las Vegas homes in most areas. But consider these facts before you buy your home in Las Vegas Real Estate.
1. Storage. Some Las Vegas condos have storage lockers, but usually there are no attics or basements to store belongings.
2. Outdoor space. Yards and outdoor areas are usually smaller in Las Vegas condos, so if you like to garden or entertain outdoors, this may not be a good fit. However, if you hate yard work, this may be the perfect option for you.