Las Vegas Auction Services

- SERVICES PROVIDED BY ROM HOUTSTRA IN COOPERATION WITH HEARTLAND RESOURCES INC. FOR PURCHASING INVESTMENT PROPERTIES THROUGH THE TRUSTEE SALES AUCTION

PROFESSIONAL REAL ESTATE INVESTMENT TEAM IN LAS VEGAS

- experienced realtor

- auction broker

- property manager

- real estate attorney

- chartered accountant/US tax specialist

- mortgage broker

- licensed and bonded home inspector

- currency exchange brokers

- home owner's insurance company

- property renovation team

- handyman

 

PROFESSIONAL SERVICES PROVIDED

 

1. Selection of Investment Property

 

tour of various sample properties in Las Vegas with experienced realtor

assist investor in determining criteria for prospective investment properties, including price range, type of property and location in Las Vegas. We can provide a list of "recommended" investment properties and related financial information such as HOA fees, property taxes, potential rental income to assist with determining Return on Investment

drive by and pictures taken of selected properties

research of property liens on title for selected properties, including property taxes, HOA fees

referral to certified accountant/US tax specialist to assist with accounting aspects of purchasing property in the US in regards to taxation, liability and asset protection

referral to US real estate attorney in Las Vegas to assist with legal aspects of purchasing property in the US, including establishment of an LLC if required

referral to US mortgage broker in Las Vegas

identification of target investment properties, and target maximum price for bidding

2. Purchasing of Investment Property

review of past 90 days of MLS sales as comparisons (comps) for selected target properties

review of upcoming properties to be auctioned at Nevada Trustee Sale in Las Vegas

review public and published information to determine any liens associated with the properties 2 days prior to bidding (amount of lien is taken into account during bidding)

referral to various money exchange brokers

assist with the set up of US bank account (i.e. Wells Fargo, Orville, WA)

signing of Limited Non-Durable Power of Attorney, and provision of US cashier's checks and vesting instructions to auction broker

pre-payment of acquisition fee to Heartland Resources Inc. to be held in trust until purchase of property

3. After the Purchase of Investment Property

provision of trustee sale receipt to investor as proof of purchase

visual assessment report of property, including pictures, report of condition and comparative market sales information

assessment of any rehab work to be completed

home inspection by licensed and bonded inspector

provide investor with lien information to determine title status

opening of escrow with title company and order title insurance at investor's expense

order utility hook up at investor's expense

order homeowner's insurance at investor's expense

changing of locks at investor's expense

refer to professional property manager, who can provide services to screen and interview tenants, conduct incoming inspection, ongoing maintenance and rental deposits. He will utilize a legal and professional one year lease agreement

referral to qualified renovation team to provide quote and repair property if required

referral to handyman for on-going maintenance requirements

4. Re-sale of Investment Property

Property listed on MLS and additional search websites under separate contract with professional realtor

open houses conducted by realtor

property advertised at real estate investment groups nation wide