Archive for February, 2008

If you’re looking to rent a luxury home in Las Vegas, check out this beauty. It’s almost 4000 sq ft in Lake Las Vegas with a gorgeous infinity pool. It’s a 4 bedroom, 3.5 baths, 3 car garage and upgraded to the max. Take a look at some of these pictures:

Las Vegas Luxury Rental Homes

Las Vegas Luxury Rental Home

Luxury home rental Las Vegas

If you’d like to have more information about this luxury home rental, contact Felipe Crook toll free at 1-866-589-1646 or email me with your criteria at felipe@felipecrook.com

Felipe Crook Fine Home Specialist


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With the huge amount of foreclosures on the market, I decided it would be a great idea to educate the public about why foreclosures can be a fantastic investment. There are certain liabilities you need to be aware of, but the benefits can far out weigh the obstacles. For example, take a look at this foreclosure that is currently on the market:

Las Vegas Foreclosures This property is 4500+ sq ft, on a 19,000 sq ft lot. In August, 2006 this property sold for $980,000. It is currently on the market in the low $600’s!! That is $136 sq/ft which is fantastic for a property of this size. Not to mention, that is the asking price from the bank. Each bank is different, but more and more banks are wanting to get rid of their current inventory. Deals are out there folks! If you are looking to get into a luxury home, now is the time to do it.

My team and I are offering FREE personalized foreclosure tours based on your needs.  If you’d like to see what’s on the market, please email me at Felipe@felipecrook.com or call me toll free at 1-866-589-1646. I look forward to helping you take advantage of the great opportunities in Las Vegas.

Felipe Crook

Prudential Americana Group Realtors


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Personalized Foreclosure Tours VegasLas Vegas is the #1 city in foreclosures in the nation. As a real estate professional, I can look at the market and see the wonderful opportunities to own a piece of Las Vegas. Foreclosures have affected every segment of the market, including some of our luxury homes.

Some current statistics to put things into perspective:

  • 3,864 homes have sold since May 1, 2008.
  • 2,416 of those homes were Foreclosed Properties. That’s 62%!!!
  • There are currently 3,711 Foreclosed Single Family Homes on the market.

Buying foreclosures is similar to purchasing a regular home for sale. Here are a couple of things you need to be aware of when purchasing a foreclosure in Las Vegas.

  • Banks are now pricing properties so aggressively to attract multiple offers which end up driving the sales price UP.
  • Banks can take as long as they want to respond to an offer. Even though there is a time to respond on the contract, I’ve waited three and a half weeks to get a response for one of my clients recently.
  • Properties are sold AS-IS. I am currently working with a buyer who was able to get more repair money, but most lenders financing properties now won’t allow it. We ended up rolling that extra credit into his closing costs.
  • You HAVE TO BE PATIENT! Banks have been routinely late on closing dates. They have been known to take their time reviewing the final HUD-1 statement before giving the buyers the keys.
  • Banks are motivated sellers without any emotions. It’s the weirdest thing to see. They look at the bottom line. More earnest money deposit and more money down looks better to a bank, but they do accept first time home buyer programs.

My real estate team has moved away from the big bus tours, and decided to give better quality service rather than herd people like cattle through houses that might not fit their needs. If you’d like to get a full list of foreclosed properties on the market in your price range and area, please email Felipe Crook at Felipe@felipecrook.com and let me know what you’re looking for. Here’s a sneak peak at what’s on the market:

These are just of few in each price range. LOTS to choose from. If you’d like a full list of what’s one the market, email me at Felipe@felipecrook.com or call me directly at 702-683-2169 for more personalized information.

Happy House Hunting!!

Felipe Crook

Prudential Americana Group Realtors

Las Vegas, NV 89117

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turnberry-place.jpgTurnberry Place is somewhat of a local legend in Las Vegas. That sounds so corny, but it’s one of the first luxury high rise condos in Las Vegas. There are a total of 4 towers, surrounding the Sterling Club which is the resident’s facilities. The developer of this project is Turnberry Associates which have international acclaim for superior quality of all there projects which include, hotels, resorts, retail, marinas to playgrounds. They are considered one of the leaders in their field.Turnberry Place las Vegas Turnberry Place in Las Vegas is no exception. They were revolutionary in the 1970’s by creating luxury high rise condos with the conveniences of a private club.

Turnberry has floor plans ranging from 1500 sq ft-9000 sq ft. No, that is NOT a typo. All of the buildings have completed construction, and now units are available on the resale market. Currently there are a total 118 resales available throughout the towers. There is a 1 bedroom currently on the market listed for $470,000! (That is very well priced for this development) Going all the way to $13.7 Million. Turnberry Place is one of the few high rises in Las Vegas that allows it’s residents to close “Gray Shell” which means no flooring, just bare concrete, your kitchen cabinets, counter tops, and bathroomTurnberry Place Las Vegass are completed with modern cabinetry, granite counter tops, and marble floors in the bathroom with a huge jacuzzi tub. It’s very interesting to see how different each owner has designed their unit. The view of the city and mountains are quite beautiful.

The Sterling Club is private club with membership by invitation only. It prides itself on fostering “camaraderie among people of like refinement and common interests.” The club features two main dinning areas, one more formal than the other. The intimate Twenty Eight Club, a private wine club Turnberry Place Las Vegaswithin the Sterling Club also boasts additional dining options including individual private wine lockers for members. The atmosphere is quite social at the Sterling Club with a member’s lounge, wine and cigar room, piano lounge, billiards room, and a night club. The fitness center is state of the art with Cybex equipment, a Pilates Studios, a spinning studio, and an aerobics center. Full concierge and valet services are a part of this wonderful development.

If you’d like a tour of Turnberry Place, please give me a call toll free at 866-589-1646 or you can email me your interest at Felipe@felipecrook.com

Felipe Crook Fine Home Specialist Felipe Crook

Prudential Americana Group , Realtors

Las Vegas, Nevada


Felipe@felipecrook.com or toll free at 866-589-1646

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Las Vegas High RisesStreamline Tower is one of the few downtown high rise projects in Las Vegas. It’s quite an impressive building very close to the Freemont Street Experience. This downtown area is experiencing a $14 Billion dollar renaissance for the last few years. It continues to build and develop as an alternative to the Las Vegas Strip. In my opinion, it has a few more years to go until it’s incredible, but the signs of change are starting to pop up!

Streamline Tower is located in the downtown area of Las Vegas. There are 275 units in this building with great views of the north mountains and the strip. There are about 30% of the units still available in the building. There 14 different floor plans ranging 847 sq ft to 2,000 sq ft which include one, two, and three bedroom floor plans. These units are well designed with hardwood floors, 18×18 tiles, Italian cabinetry, granite counter tops, stainless steel GE Profile appliances, stackable washer and dryer, and 5 inch baseboards to name a few.
Other building amenities include:
* Rooftop pool and spa with panoramic views
* Sun terrace for relaxing and socializing with panoramic views
* 15th floor state of the art fitness center
* 16th floor clubhouse and conference room
* Central mail room off lobby
* Secure key card entry
* Secure parking on floors 2-7
* Security guard on duty 24/7
* 24-hour valet
* Concierge services
* On-site executive leasing programStreamline Tower Las Vegas

Here is a live view of Streamline from JUHL’s rooftop webcam->

This is one of the few high rise that offers a 5% earnest money deposit. Most high rises are asking for a minimum of 10% plus addition deposits at closing. This makes your out of cost expenses much lower. For investors looking to purchase a high rise, Streamline offers something unique: an on-site property management company which offers MUCH better rates than a standard condo/hotel. Typically condo/hotels in Las Vegas charge a client 50% of their profits to manage the rental. This company is far more competitive. If you’d like more information regarding Streamline Tower, or the management company, please contact Felipe Crook toll free at 866-589-1646 or email me at felipe@felipecrook.com.

Felpe Crook Las Vegas Highrise SpecialistFelipe Crook

Prudential Americana Group Realtors


702-683-2169 Cell

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Continuing in my Las Vegas High Rise Condo Series, is Newport Lofts in the Arts District. This project isLas Vegas High Rises from the same developer that brought Soho Lofts to Las Vegas. This is a smaller,but taller building near Soho. As I mentioned in my other posts, Mayor Goodman is pushing hard to revitalize this area and this is one of the signs of gentrification.

Newport Lofts are designed with the luxury loft resident in mind. Sleek lines, modern decor, and beautiful views await you. There are many different floors plans for a flexible use of space. Some of the building amenities include:

· Rooftop fitness centerlas vegas high rises
· Rooftop track (1/10 of a mile around perimeter of building)
· Rooftop pool & jacuzzi
· Spa facilities
· Skyroom/Clubhouse with billiards, lounge area & movie room
· Rooftop gardens with 360 Degree views
· 300 ft tower above downtown and the arts district
· 23 story steel construction
· 6 story Enclosed/Secure Parking Structure
· 24 Hour Doorman
· Concierge Service
· Large Terraces with every loft
· Dramatic city, strip, & mountain views
· Assigned Storage Units
· Ground Floor retail
· In the middle of the Arts District
· 1.5 blocks away from future light-rail transportation

The view here are also quite impressive. Click on this link for Views of the strip from Newport Lofts. If you’re looking to purchase in this area, I would think about investing for the long term. Eventually this area will be similar to the Gas Lamp district in San Diego. If you’d like to see any of the units available in Newport Lofts, please call me toll free at 866-589-1646 or you can Email me at Felipe@felipecrook.com.

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Following my post about JUHL Lofts in Downtown, I’d like to write about SOHO Lofts right in the middle of the Las Vegas “Art district.” If you’d used to MOMA in San Francisco you’ll be sorely disappointed in our artsy area, but Mayor Goodman is making it his mission to give Las Vegas a downtown. There are some signs of a turn around, but this area is going to a long term investment until the area has gentrified more.

Soho Lofts Las VegasSoho Lofts are easily seen from the I-15 freeway, mostly because it’s one of the only large buildings in this neighborhood. These lofts are very urban, modern, and sleek. Without any decorations the lofts can feel a bit antiseptic, but with the right style they are super cool. There are a few different floor plans ranging from 1277 sq feet to the Penthouse at over 4600 sq feet. These lofts have exposed ducts, stained concrete floors, granite counter tops, huge picture windows, designer cabinetry by Dellacasa, and plenty of open space. The rooftop pool and jacuzzi have spectacular views of the strip and the mountains. The parking garage is the first five floors, so even if you’re on the first floor of lofts, you’ll still have a great view. If you’d like to see the some of the 25 resale lofts available right now, please give me a call at 702-683-2169. You can also email me with your criteria and I’ll do a specific search for you for free, felipe@felipecrook.com. Visit my website at http://www.VegasHousesForYou.com

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