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Tuesday, July 29, 2008

Clearing The LV High Rise Condo Air!


I mentioned yesterday that I would be reporting hardcore this week about how I am on a mission to clear the air of all false accusations & bad reporting. Las Vegas is definitely in challenging times when you speak about the single family home market. Over half of the inventory on the re-sale market is either foreclosed homes or a property that is a short sale. Don't get me wrong there are great deals to be found in these style properties,(if you can wait 6 months before getting a response some times you may get a response sooner) but some of the more lucrative opportunity's in town have been passed over, reporting wise, by our local professionals. I specialize in the Luxury High Rise Condo market here in Las Vegas and I can't believe what some people who call themselves Real Estate professionals have been trying to say about our beautiful & strong High Rise Condo market. There has been one outrageous claim after another made about the High Rise Condo market here in Las Vegas this year but none seem to pan out. Below I have included a list of the most ridiculous claims brought against our amazing High Rise Condo scene that I have heard or caught wind of. Every single claim holds no weight or truth towards these developments: Trump International, Palms Place, The Signature At MGM, Sky, Platinum, Turnberry Place, Turnberry Towers or Panorama Towers. How might I know that the claims below are un-true for these developments you may ask, and that is because I took the time today to call and personally speak with each developments HOA departments. All the questions below were brought to each developments HOA's attention today and were laughed at by the representatives I spoke with. It was more of a "are you serious" tone I got from each HOA department because they couldn't believe these things were being said.

The Most Outrageous Claims About The LV High Rise Market

#1: There is a huge number of home owners not paying their HOA fees which is driving the HOA into bankruptcy.

#2: There is mold & vomit stains through out the hall ways.

#3: The development has drained the pools because home owners are not paying their HOA fees.

#4: Developments are trying to cut cost by not fully illuminating their hall ways. (Only turning on half of their lights)

#5: Residents are having to maintain the developments landscaping due to home owners not paying their HOA's

#6: Residents are taking turns with the shifts at the guard gates because home owners aren't paying their HOA's

If you so happen to come into contact with the people making these false claims what should you do you might be thinking, RUN FAST & FAR, before you end up falling victim to their misleading ways. I have not included the links to the video's or reports that made these claims because Iwill not contribute to the un-truths or entertain these types of lies for the simple fact that they cause damage our local High Rise Condo Markets reputation. Things are doing just fine here in th Las Vegas High Rise Condo market and to date we have had 20% more High Rise Condo closings Than all of last year combined and we still have 5 months to go.


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