Residential And Commercial REO)And Distressed Real Estate Investments
Primary focus is working with investors who are buying distressed commercial real estate assets and residential properties to build a real estate portfolio.
RECOMMENDATIONS:
“I have found Carlos to be very reliable and dedicated in providing detailed information and responsive to any questions I have had.”
Garry Cuff CCIM, Senior Director, Commerce CRG
“Carlos is a sincere Professional with a vast stream of knowledge in the field. You can't go wrong in an association with Carlos; the job will get done.”
Sharyn Iaconi, Realtor, Century 21
“Carlos has a rare commodity in the real estate business - integrity! He's also a real pleasure to deal with, very thorough and responsive, and always has a personal touch. I highly recommend Carlos to anyone considering doing business with him!”
Jessica LaRock, Principal, Strategic Alliance Consulting
“Carlos has been nothing but stellar in my experience with him! He is always prompt and thorough with information and opportunities. He is very professional in how he handles his deals. Any buyer, seller, or agent should feel quite confident in doing business with Carlos.”
John Thayer, Partner, J & J Ventures
“Carlos is one of the very best real estate brokers that I have worked with. He has helped e and my clients get the investment projects that they wanted. I know that he is very transparent, knowledgeable and a pleasant person to work with. My clients like working with him. I suggest anybody looking for a pro to work with who knows the investment and residential real estate market consider him.”
Leon Katz, President - CEO, Global Capital & Investments, Inc.
“Mr. Silva is an outstanding example of the entrepreneurship and vision that is present in the Latino community and in the City of Las Vegas! I was introduced to Mr. Silva because of his interest in the CCIM Institute as well as his affiliation with the annual Cultural Diversity Reception for the International Conference of Shopping Centers (ICSC). Since that time, I have come to know Mr. Silva as an exceptional Commercial and Investment Real Estate Professional. He is gradually developing an International Practice. I often get multi-million dollars investment opportunities emailed to me. I highly recommend him and suggest that you could not find a better Broker to assist you with your Real Estate needs.”
G. D. Stanford, CCIM, Principal, G.D. Stanford & Associates
“Carlos worked with me in a voluntary position and as a member of the board of directors for the Nevada Association of Hispanic Real Estate Professionals. Carlos is hard-working, persistent, and very involved with community issues. It would be my pleasure to recommend Carlos for any endeavor.”
Claudia Turcaz, Vice President, Residential Resale Manager, Chicago Title
Carlos H. Silva Sr.'s Blog
Posted on February 23, 2010 at 1:09am
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http://static.ning.com/socialnetworkmain/widgets/index/logo.gif); background-attachment: initial; background-origin: initial; background-clip: initial; background-color: white; background-position: 100% 0%; background-repeat: no-repeat no-repeat; ">I am happy to say Bob Shelton's NRBA Boot Camp this past weekend was phenomenal and am glad to have taken the time off from work to…
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Posted on August 28, 2009 at 10:54am
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Mortgage fraud risk over the last year seems to have migrated westward, with Nevada and California dominating the 10 riskiest metropolitan statistical areas (MSAs), according to a new study released by Interthinx this week.
One of the study’s most telling findings – the states with the highest overall levels of mortgage fraud risk correspond to the states with the highest levels of foreclosure activity.
Here’s how the numbers stack up. Nevada – which claimed the highest state…
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Posted on August 25, 2009 at 10:09pm
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Another good article from a colleague:
Effective October 1, 2009, the State of Nevada has enacted a "Good Funds" law.
The law states that for escrow to close the buyer's closing funds must clear the bank.
The buyer brings in a cashier's check for down payment and closing costs. The check must be deposited with the title/escrow company's bank prior to record/close.
If this cashier's check is drawn from a local bank, this clearance can…
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Posted on August 21, 2009 at 1:10am
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Many agents rush through BPOs and don't take the time to do a good job on the comps and give a proper value recommendation. However, the BPO is an important tool for an AM to do his strategy and submit to the committee for approval. Once a strategy is approved the asset is listed and becomes part of the AM's portfolio. AM's are compensated and rated on many factors. One of those is the percentage of FMV the property sold for. AMs get pretty ticked off when a property sells far below the BPO he…
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Posted on July 2, 2009 at 2:46pm
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I am often asked how to set up an REO team. Of course there are many ways to do so and some are better than others. Ultimately you have to do what works best for you and your clients. Here is how we've structured it:
1. Person or team to access damage, handle lock outs, visual inspection, opens property for utilities, take pictures, check occupancy status, handles cash for keys and installs lockbox; usually has a CWP.
2. BPO agent or team depending on how many listings you are…
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We are seeing more distressed and REO commercial real estate. If your real estate business includes REO or Distressed commercial real estate assets please join the Commercial REO group to exchange information and post commercial investment opportunities. Look forward to seeing you there and reading your comments or other contributions to the group!!!
Barbra Curtiss
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