*** Las Vegas & Henderson Homes and Condos ***

Demand for the luxury high rise hotel-condos in The Signature at MGM Grand has remained strong as ever.  Because these MGM condos are well located within walking distance of MGM CityCenter, Planet Hollywood & it shops, and the COSMOPOLITAN RESORT, as well as being connected via an interior walkway to the MGM Grand Hotel, the location simply does not get any better. Add to that the on site optional rental program, the ability to rent the condo out when not in use, adds to the appeal.

View MGM Signature Condos for Sale in the MLS

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The fact that the MGM SIGNATURE CONDOS are guard gated, originally built by Turnberry Associates in partnership with MGM/Mirage, gives buyers that level of quality that cannot be duplicated in 2011 at the prices these condos are now selling for. THE STARK TEAM has been selling foreclosures and short sales for the past 3 years now, and the repo train is coming to a halt.  As of this writing, there are no foreclosures available at all three towers and only 1 or 2 short sales.  Most available inventory these days is offered for sale by owners wishing to make a small profit on the foreclosure or short sale that they purchased, trustee flips, or those wishing to liquidate their assets into cash.

The demand for these condos is strong as ever.  Each day we get calls from buyers wanting to buy a studio for $150k or less.  These days buying in that price range is difficult to accomplish . Strip View Studios on dobel digit floors, especially the ones with balconies, or on the penthouse levels are going to cost $170k and upwards approximatey. The exciting world of Las Vegas Strip real estate is highly sought after, and fully furnished hotel condos make great vacation properties and offer a maintence free option to buyers.

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With our pulse on the market, we know where the deals are.  At present, we have a strip view 1 BR Studio Pair on the 37th PENTHOUSE FLOOR for sale. The Corner 1 BR is listed at $349,000.  Original price was $ 1,230,000.  The Studio is listed at $239,000.  Original price was $655,000.

 LAS VEGAS STRIP REAL ESTATE IS ON SALE!

Take the Tour-MGM 1 BR Corner Penthouse Condo for Sale

Take the Tour-MGM Signature Strip View Studio Penthouse for Sale

MGM/Mirage announced a few hours ago that it would be "slashing" prices by 30%.

Green Living! On Site Shopping Galore! A city within the city of Las Vegas! Futuristic! Inviting! Will the buyers say Deal or No Deal? Email us your thoughts: junestark@msn.com  

CLICK TO READ THE NEWS

Vdara Buyers will be offered a chance to move their deposits into VEER - and perhaps financing will be able to be obtained on the residential loft style units on the Las Vegas Strip. That would be a welcome harbinger of things to come. Las Vegas Strip condo financing - what a unique concept in the high rise condo market of 2009!!

We have Panorama Towers 1 & 2 in contruction defect litigation - which makes the previously loanable condo units non loanable.  Then there are the stunning Turnberry MGM Signature hotel condos that are being gobbled up by cash buyers at an oh so frenzied pace. With multiple offers on each unit - would be buyers enter a Vegas condo game of "Highest and Best" with the bank - Want to play? - CONTACT THE STARK TEAM - We have connections with the leading REO agents to get our buyers units at a fraction of the cost of MGM CityCenter Condos. 

Does $700 psf sound like a deal to you? Granted the location is wonderful - but 1 block east - in a less dense site - and guard gated as well - SIGNATURE condo buyers are getting lavishly appointed 1 bedroom condos at under $300k - placing the price per sq. ft. in the $300 range - Half the price of CityCenter.

Consider Panorama Tower III - Just foreclosed upon by its construction lender - We can help you acquire a condo there at under $400 psf with appointments and finishes just amazing.  The cool thing about these luxury condos are the bedazzling strip views - walls of glass  - low HOA dues - It's just across the freeway from CityCenter. We have just sold a few of the most stunning condos at this tower at amazing prices for such high quality and design. Click the tour link below and see for yourself!

Take the Tour of Panorama Tower North

Before you consider which condo suits your fancy, give us a call to discuss the issues and financing or lack thereof in each tower. Navigating the ins and outs of bank owned inventory - developer "deals" - short sales - building rules and regulations is a specialty niche. We will supply you with all the stats and facts that you need to enable you to make a sound decision.

Visit Us At:

www.LasVegasCondoBargains.com

www.LasVegasForeclosureWorld.com

www.LasVegasCondoExperts.com

702 236-8364

The Las Vegas Sun Reported today that many of the pre-construction buyers of the condos on the strip for sale at MGM CITYCENTER have formed an on line blog in an effort to share their issues in a social media setting. The phot below is courtesy of the Las Vegas Sun and shows the city within the city of Las Vegas taking shape.

Veer are the two slanted residential towers in the foreground. These units pre-sold for about $1000 per sq. ft. and up.  The slanted roof shopping center known as the Crystals is in front of VEER, and the Harmon Hotel is to the right - partially finished.  The two blue glass building to the extreme right of the photo is the COSMOPOLITAN RESORT and Casino - being built out by its lender, Deutsche Bank.

Vdara is tucked away in the rear of the complex, behind Aria and Veer, 

READ THE NEWS HERE

Watch the Live MGM CityCenter Web Cam Here

MGM Signature condos for saleare moving like hotcakes.  Cash Buyers are snapping up penthouse floor corner one bedrooms for under $300k.  These hotel-condos have a lot to offer.  The on site rental program at MGM Signature is up and running with all terms and conditions available. Buyers at Vdara at the MGM CityCenter condos are still awaiting info as to the on site rental program.  These MGM Signature condos just a block from the strip offer guard gated luxury living, Snaidero Cabinetry, Marble clad bathrooms, floor to ceiling glass, balconies on all 1 bedroom units, stainless appliances, a washer/dryer unit - owner's lock out closet, jetted tub wth granite counters in the bath and kitchen, flat screen tv's and so much more.

View a Variety of Virtual Tours for Las Vegas Strip Area condos for sale

There are also a variety of condo foreclosures at MGM Signature in the studios - which are priced below $200k for 520 SQ. FT. FULLY FURNISHED units.  Some have balconies, others do not. The high floor units in MGM Signature tower 3 on the strip view side have views down the Harmon Corridor - of CityCenter as pictured above.  Quite the sight - this new city within a city promises to be an epicenter of entertainment and shopping, and fine dining. Buyers of the Signature condos for sale at MGM Turnberry, can reap all these benefits at prices that are close to a third of the price per sq. ft. that  the pre-construction buyers at MGM CityCenter paid. Little wonder, The Stark Team is getting more inquiries for these strip area  condos in Las Vegas than any others.

The STARK TEAM knows the ins and outs of representing a buyer in the variety of bank owned foreclosure condos on and off the strip.  Looking for the best bang for your buck?  CONTACT US.

Stark Team On Line EZ Strip Area CONDO SEARCH LINK

HOT DEAL ALERT REGISTRATION FORM

Call us at 702 236-8364 and 702 232-5376

Visit our New Site and Search All Las Vegas Foreclosures Listings on line

What's Hot and What's Not in Las Vegas High Rise Condo Real Estate? HOT>>>>>>>MGM Signature Hotel Condo Foreclosures at the right price. Whenever the price gets just right, which seems to be below $300k for a strip view high floor studio with balcony at the Signature at MGM Grand, the multiple offers keep coming in. Sometimes they sell above list, sometimes at list, and in a few rare cases, a tad below list.

These 520 sq. ft. fully furnished and appointed units must be purchased for CASH ONLY.  No financing is available on hotel-condos in Vegas these days.  Proof of funds need to accompany any offer before it can be submitted. But there is no lack of buyers - that is for sure.

What's not hot?  Pre-construction condos. From the articles recently released by MGM/Mirage Corp., with a location as great as the Harmon had, 80 units were pre-sold out of about 200 units - not so hot. I would say the sales velocity has been poor, which is understandable given the current financial crisis.

Why are investors snapping up the MGM condos at the Signature? Folks seem to like the guard gated site. The 3 towers are set on a large lushly landscaped resort-style locale within walking distance of the Planet Hollywood & its shops, The CITYCENTER project and the Cosmopolitan, not to mention, the Bellaggio.  Each Tower has its own pool, and Buyers have use of the MGM pool complex as well.  There is a walkway to the MGM HOTEL, and a great gym, coffee shop and deli in the lobbies and an on-site rental program. With folks getting 1-3% return on their savings from Banks and money market funds, those who enjoy Vegas as a vacation spot find the possibility of easy nightly rental income an added benefit.

Have a peek at the photos below (courtesy & copyright by Lauren Stark, January 2009) &

CONTACT THE STARK TEAM 702 376-5220 for the latest foreclosure deals at the Signature at MGM Grand.

(FYI - This unit is SOLD - We wrote an offer on it for a client for $285k, and there was a higher offer.)

CLICK TO SEARCH ALL RESALES AT THE SIGNATURE AT MGM GRAND CONDOS

Views from TOWER 1 condo # 3617 - A foreclosure priced at $295k

The Tower is the background is the COSMO BEACH CLUB

Towers in the Distance at the right background are the Mandarin Hote & Aria at MGM CityCenter

Great Views of CITYCENTER - VEER TOWERS and to the Right - in the Distance you can see the cranes on the COSMO BEACH CLUB AND WEST TOWERS.

Studio Bathroom Above - Granite Counters - Double Sinks, Jetted Tub!

Fully Furnished!

Queen Size Sleeper Couch in the Living Area of the Studio

Desk Area with Cable Hook-Ups  - Sliders to the Balcony

Wall Unit with TV, Micro, Mini Fridge & Stunning Cabinetry

www.LasVegasCondoExperts.com