Real Estate Agents have access to every home for rent that is listed in the Las Vegas Multiple Listing Service.  A few benefits to working with a Las Vegas Real Estate Agent in your home rental search:

1. Saves you time from searching sites like Craigslist.org
2. We have the ability to send you every home for rent that matches your criteria in a single email
3. You can then preview the homes at your leisure
4. Your agent will handle all the details like setting up showings and lease negotiations

To search through our available inventory, click on the link: Las Vegas Homes for Rent

If you are interested in renting a home in Las Vegas, complete our contact form and one our agents from our Property Management Division will contact you and guide you through the process!  We can be reached at 702.376.7379.

The “Helping Families Save Their Homes Act of 2009″ became law on May 20, 2009.  It included provisions to protect tenants from eviction as a consequence of a foreclosure affecting the property being rented.  The new law requires tenants be given 90-days notice prior to having to vacate, and allows them to stay through the remainder of their lease, if the home will continue to be a rental property.  The protections of this law apply only to “bona fide” tenants – who have a written contract, the lease was the result of an arms-length transaction, and the rent is not substantially less than the fair market rent for the property. Under any conditions, tenants may still be evicted if they violate the lease terms.  These provisions expire on December 31, 2012.

With the passing of the “Helping Families Ave Their Homes Act of 2009″ renters can feel a little more at ease if they get the bad news that the home they are renting has foreclosed.  They will have ample time to get their affairs in order and locate a new Las Vegas home to rent.

If you are looking for a home to rent in Las Vegas, feel free to give us a call at 702.376.7379 and we can assist you in finding a home for rent.

If you enjoy the outdoors, Summerlin is only minutes away from Red Rock, world famous for its rock climbing faces and Mount Charleston.  Mount Charleston offers skiing and snow boarding in the winter and hiking in the spring and summer.  If you prefer recreation in the Summerlin area, you could always choose to golf at one of the nine golf courses in the area.  Summerlin also offers shopping centers, ballet theater, restaurants and activities that provide something for everyone’s pleasure.

If you need any assistance in locating a home for rent in Summerlin or Las Vegas, don’t hesitate to contact us today at 702.376.7379 or complete our contact form.

It is very important to have your Investment property viewed by as many potential renters as possible in order to find the right tenant for your home.  In order to accomplish this task, your Las Vegas Rental Home needs to not only be found on the Multiple Listing Service but all over the Internet as well.  Many local Las Vegas Property Management Firms place your home for rent on Craigslist and the MLS (Multiple Listing Service) and wait.  North American Realty places your home for rent on our high ranking Las Vegas Real Estate Websites.  Our sister site, www.SenaSellsVegas.com generates over 15K unique visitors a month and many of those visitors are looking for a home to rent.

If your investment home sits vacant, it’s costing you money!  Make sure you choose the right Property Management Firm that knows how to market your Investment Property!  We can be reached at 702.376.7379 or fill out our contact form:

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What we do with our clients that have questions like this is break down the Las Vegas Rental Market and the Las Vegas Real Estate Market.

Las Vegas Rental Market:

• Increase supply of properties for rent
• Rental Prices have fallen
• More Tenants have credit issues due to foreclosures
• If you purchased your home between 2004 – 2007 with 80% to 100% financing, the rent you collect will not cover your mortgage payment.

We are seeing an increased amount of rental inventory which has caused rental prices to drop a bit.  We are also seeing an increased amount of potential tenants with foreclosures on their credit history.  With Las Vegas being an epicenter in the foreclosure market, you can expect many of these previous homeowners entering the rental market.

Las Vegas Real Estate Market

• Buyer’s Market
• Most homes on the market for sale are either a REO (Bank owned home) or a short sale.
• Chances are you owe more on your Las Vegas Home than it is worth if you purchased your Las Vegas home between 2004 – 2007.

Las Vegas Home prices have fallen significantly over the last year and a half due to the amount of foreclosures.  Banks and Lenders have placed these foreclosed homes back on the market and priced them well below market value which has driven down home prices.

Chances are you owe more on your home than it is worth, but you can still sell your Las Vegas Home.  This is called a short sale.  A short sale is where the Lender/Bank agrees to take less than you what you owe.

If you would like to keep your Las Vegas Home but can’t afford to keep making the payment, you can always try to get a Loan Modification.  A loan modification is where the Lender agrees to modify your existing terms of your mortgage agreement.  However, before you go and contact your Lender/Bank to look into this option, remember the person you are speaking with is an employee of the Lender/Bank.   Their job is to get the best deal possible for the Lender/Bank, not you.  That’s why we recommend having an Attorney represent you on a Las Vegas Loan Modification.

If you have any questions, please call us at 702.376.7379 or fill out our contact form.