Foreclosures in Nevada: Nevada Foreclosures by County, City, or Zip
Nevada conjures images of boom and bust, driven by the gambling heritage primarily of Las Vegas and secondarily Reno and Laughlin NV. Desolate desert terrain offset by pristine alpine skiing near Lake Tahoe add to the unique vision and experiences of Nevada. Boom and bust also describe the real estate market in Nevada with its large numbers of homes in REO foreclosure, NOD (notice of default) pre-foreclosure, and auction status. Given its recent development boom, many distressed or repossessed homes in NV are of relatively new construction and are now available for greatly reduced prices for bargain home shoppers statewide.
Consider Las Vegas, the home and undisputed king of world-famous casinos, top-notch restaurants and renowned entertainment of all types and kinds. Previously one of the fastest growing cities in the country, Las Vegas now sees 31,158 financially distressed properties in inventory. With so many foreclosures available in the Las Vegas market, prices are naturally depressed to the lowest prices the market can bear. It's a buyer's market that will unlikely be repeated in a lifetime. Make a low offer on a big beautiful single family home for sale from Fannie Mae or Freddie Mac in Clark County NV. You may be surprised at how low your offer could go for today's Las Vegas real estate! REO foreclosures, bank owned and home auctions are also available throughout Las Vegas NV at prices so low, you'll find them tough to beat in value anywhere.
Further north in Reno NV, 3,351 discount properties are waiting a lucky buyer to find a dream home. Consider a short sale from the hundreds of listings in Washoe County NV and you could be living a resort lifestyle for a fraction of the cost. Tax sales and owner financing/rent-to-own listings also provide alternative bargain home purchase options that are not always well known or found on other websites. Searching these non-traditional listings on our site can give buyers a tremendous financial edge in the Nevada real estate market.