Bank-Owned and Short Sale Property
What is a short sale? What is an REO? You've probably heard these terms before, but you may not be entirely sure what it means. A short sale is when the owner of a property is selling their home for less than what is owed. In short sale situations, the owner and/or their Realtor will negotiate with their lender in hope that the bank will accept the short. REO stands for real-estate owned and is also commonly referred to as bank-owned. When an individual defaults on their mortgage and is subsequently foreclosed on, the property goes back to the bank. These homes are bank or REO properties.

Team Heidel is very experienced and knowledgable about bank-owned and short sale properties. We have successfully negotiated several short sales and we have closed on many REO properties. If you are interested in purchasing bank-owned or short sale property, don't forget to take advantage of Team Heidel's MLS Property Search. We look forward to working with you!

Helpful Handouts
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Short Sale Disclosure



Team Heidel's REO and Short Sale Listings
For additional information on any one of these listings, please call the toll-free number listed next to each address for a 24-hour recording. If you would prefer to speak directly to one of our team members or if you would like to schedule a private viewing of any one of our listings, please call 702-561-4369.


10289 Wolves Den Ln.   1-800-441-2460 ext. 1002
Las Vegas, NV 89178

2,853 square feet
4 bedrooms + loft, 3 baths
3 car garage
$330,000

Virtual Tour / Printable Flier / Google Map

5801 Clay Ridge Rd.   1-800-441-2460 ext. 1032
North Las Vegas, NV 89031

2,520 square feet
4 bedrooms, 3.5 baths
3 car garage
$285,000

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10033 Skipper Ct.   1-800-441-2460 ext. 1022
Las Vegas, NV 89117

2,524 square feet
4 bedrooms + loft, 2.5 baths
3 car garage
$280,000

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8137 Slate Falls   1-800-441-2460 ext. 1012
North Las Vegas, NV 89085

2,186 square feet
2 bedrooms + loft, 3 baths
2 car garage
$199,000

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FULL SHORT SALE APPROVAL!

409 Bent Creek Dr.   1-800-441-2460 ext. 1102
Las Vegas, NV 89107

1,495 square feet
3 bedrooms, 2 baths
$169,900

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3912 Wabash Ln.   1-800-441-2460 ext. 1052
North Las Vegas, NV 89032

1,313 square feet
3 bedrooms, 2 baths
$149,900

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7056 Caribou Ridge St. #101   1-800-441-2460 ext. 2022
Las Vegas, NV 89149

1,183 square feet
2 bedrooms, 2 baths
1 car garage
$113,900

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2615 W. Gary Ave. #1039
Las Vegas, NV 89123

711 square feet
1 bedrooms, 1 baths
$69,900

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If these properties are not what you are looking for, try our MLS Search page to find the one for you.