Foreclosures & trustee sales
Pre-foreclosure through auction, with the title and occupancy homework done before you commit.
Headquartered in Reno · Serving 6 Northern Nevada counties
Northern Nevada buyer's agent for people who want a deal.
I specialize in finding undervalued, distressed, foreclosure, REO, fixer-upper and value-add properties throughout Northern Nevada.
I don't just open doors. I analyze the deal.
NV S.200106 · CA DRE #01903415 · CHASE INTERNATIONAL
EVERY SERIOUS CANDIDATE GETS A DEAL SHEET
List vs. comps
Repair estimate
Days on market
Seller motivation
Title, liens, occupancy
VerdictPURSUE / PASS
15+ yearsFinding value in Nevada & California real estate
$200M+Foreclosure acquisitions for institutional investors
300+Residential investments renovated & resold
Homestead DwellingsOwner of a licensed NV manufactured home dealership
Properties
Current listings
Properties I'm representing right now. Select one for photos, parcel details and how to arrange a visit.
See all active listings ↗
For sale
Land · Multifamily opportunity
451–479 Silver Spur Drive
Fallon, NV 89406 · Churchill County
- $140,000
- 0.51 acres
- Zoned RC
- Utilities to site
For sale
Land · Build to suit
5220 Stagecoach Drive
Stagecoach, NV 89429 · Lyon County
- $175,000 land
- 1.7 acres
- Build from $600,000
- Utilities to site
How I hunt
Cheap isn't the same thing as a deal.
Most agents send you whatever the portal sends them. I run every serious candidate through the same analysis I'd use on my own money — and sometimes the answer is walk away.
Price against real comps
Recent nearby sales in similar condition — not the list price, not the portal estimate.
Condition & true repair cost
What's cosmetic, what's structural, and what quietly eats your equity.
Days on market & price history
Reductions, failed escrows and stale listings show where sellers are ready to move.
Title, liens & occupancy
On distressed property, the problems that matter most aren't visible from the curb.
Negotiation leverage
Price, credits, terms, timing — the offer gets built around what this seller actually needs.
In the field
I do the due diligence like I'm buying it myself.
I'm not afraid of crawl spaces, and I have a roster of contractors and inspectors I can call at a moment's notice.
What I hunt for across Northern Nevada
Foreclosure inventory rises and falls. Finding value never goes out of season — so I watch every channel where it shows up.
Bank-owned (REO)
Institutional sellers, addenda and as-is terms — negotiated by someone who's worked them for years.
Short sales
Slow, paperwork-heavy, and often overlooked by buyers without the patience — that's the opportunity.
Fixer-uppers
Dated homes with bad photos and good bones — scoped with a developer's eye for real renovation cost.
Stale & reduced listings
60+ days on market, repeated price cuts, fallen escrows — the places sellers start to blink.
Investment & value-add
Rentals, land, manufactured homes and small projects — underwritten on numbers, not vibes.
Working together
Give me your criteria. I'll do the hunting.
- Step 1
Define the target
Budget, financing, how much work you'll take on, and what "a deal" means for your goals.
- Step 2
The hunt
MLS, price reductions, stale listings, distressed channels and off-market leads where they exist.
- Step 3
The deal sheet
Comps, repairs, history and risks on one page — with a straight pursue-or-pass call.
- Step 4
Negotiate & close
An offer structured around leverage, then inspections, credits and escrow managed to the finish.
About Alyssa
I started on the courthouse steps.
I've spent more than 15 years finding value in real estate, long before "deal hunting" became part of my brand. At 20, I was at the courthouse steps researching properties and buying distressed homes at foreclosure auctions for investors. That's where I learned to evaluate a property quickly, understand risk, and recognize the value other buyers overlook.
From there I managed residential acquisitions for institutional investors throughout Northern California and Northern Nevada, including more than $200 million in foreclosure acquisitions. As an Area Manager with Wedgewood Homes, I oversaw the acquisition, renovation, repositioning and resale of more than 300 residential investments.
My work then expanded into development, new construction, land and manufactured housing. As a development executive with Formation Homes, I worked on attainable and entry-level housing from feasibility and underwriting through permitting, construction, financing and sale. That included helping secure a $2.5 million Nevada Attainable Housing Account award for 54 new for-sale homes in Northern Nevada. Today I'm a licensed Realtor in Nevada and California and the owner of Homestead Dwellings, a licensed Nevada manufactured home dealership and residential development company.
My specialty is the same as it was on the courthouse steps: finding the deal. I don't just help you find a house. I help you understand what you're buying, what it could become, where the risks are, and where the opportunity is.
- Nevada Realtor · S.200106
- California DRE · #01903415
- NV Manufactured Home Dealer · D5073
- Owner, Homestead Dwellings
- Brokered by Chase International
- Treasurer, Mamas for a Cause
Where I work
Headquartered in Reno.
Headquartered in Reno.
Hunting across a 90-mile radius of the Biggest Little City.
I cover six Northern Nevada counties, from Incline Village to Fallon and Topaz Lake to Stead.
Washoe County
- Reno
- Sparks
- Stead
- Verdi
- Mogul
- Washoe Valley
- Incline Village
- Virginia Foothills
- Wadsworth
Carson City
- Carson City
Douglas County
- Minden
- Gardnerville
- Topaz Lake
Storey County
- Virginia City
Lyon County
- Dayton
- Silver Springs
- Fernley
- Yerington
- Wellington
Churchill County
- Fallon
Questions Northern Nevada buyers ask me
What areas of Northern Nevada do you cover?
I'm headquartered in Reno and cover roughly a 90-mile radius of the Biggest Little City, across Washoe, Carson City, Douglas, Storey, Lyon and Churchill counties. See the full list of towns in Where I work.
Can I buy a foreclosure in Northern Nevada with a buyer's agent?
Yes. Bank-owned (REO) homes and short sales are listed and bought through agents like any other sale. Trustee-sale auctions work differently — typically cash, as-is, with limited ability to inspect — so research on title, liens and occupancy happens before the auction, not after.
Is a foreclosure always a good deal?
No. A low price can hide deferred maintenance, liens or a repair bill that erases the discount. That's why every serious candidate gets a deal sheet — and why I'll tell you when to walk away.
What's the difference between a short sale, an REO and an auction?
A short sale is the owner selling for less than they owe, with lender approval. An REO is a property the lender already took back and is selling. An auction (trustee sale) is the foreclosure sale itself. Each has different timelines, risks and negotiating room.
How do you find properties other buyers overlook?
I watch price history, days on market, fallen escrows, poorly marketed listings and distressed channels — then compare each against real comps. The best opportunities usually look unremarkable at first glance.
Do you work with investors as well as homebuyers?
Both. Owner-occupants who want equity on day one and investors looking for rentals, flips, land or manufactured-home opportunities across all six Northern Nevada counties I cover.
How does buyer's agent compensation work?
We'll agree on it in writing before we tour. In many transactions part or all of it is negotiated from the seller — we'll talk through your options up front so there are no surprises.
Let's talk
Tell me what you're hunting for.
Send me your criteria and I'll tell you honestly what's realistic in today's Northern Nevada market, and how I'd go find it.
Call or text 775.530.4178
alyssawmcdermott@gmail.com