Buyer’s News

BUYING IN LAS VEGAS

Las Vegas real estate is diverse. From high rises, golf course properties, condos, luxury homes and fine residential properties in recognized communities such as Mountains Edge real estate, Nevada Trails, Henderson NV homes for sale, Anthem NV real estate, among others. Due to its unique location, Las Vegas is one of the most desired destinies in the world and it could be your home town soon. If you are looking for a knowledgeable Real Estate team that you can trust, contact us:

What’s the process of buying a house in Las Vegas Real Estate?

– Get a prequalification letter: It’s advisable to meet at least two loan officers and get good faith estimates and compare type of loans, interest rates, closing costs, financing fees. This will help you to get different financial scenarios and negotiate the one that fits your needs. Want to contact an expert? Contact us

– Identify different neighborhoods: Location, location, location is the key in real estate. A good location will determine the appreciation of your asset in the short, medium or long term. Select a neighborhood that matches your style of life (sports, schools, entertainment, dining, etc.). To find desirable communities in Las Vegas, click here 

– Locate schools: If you choose a public or private school for your children, you have to check to Nevada Credit Report . It might help you to take you a decision about the area. Visit www.ccsd.net and get more information to select a school in our city.

– Find a Realtor that you can trust: Finding a knowledgeable Real Estate agent who listens to your needs and protects your best interest is essential to accomplish your goals. Contact us

– Look for houses: Searching for a high-rise, midrise, loft, condo, townhouse, residential home or multi-dwelling has never been easier. Click here

– Select some properties that match your criteria: In today’s market, you need to be open to bid for several properties. Learn from your Real Estate expert about the actual situation of the market considering available inventory, type of sellers and be realistic when you bid; that way you’ll save time and energy.

– Preview houses: Be prepared to take notes and make questions about conditions of the house, type of financing, type of sale of the property (REO, short sale, and traditional sales), seller’s concessions, and time to close the transaction, contingencies, etc.

– Ask your Realtor for a comparative market analysis: It’ll help you to determine a competitive price to send an offer and increase your chance to have your offer accepted. Interested in a comparative market analysis, click here

– Sign a contract: Your trusted Realtor will explain different concepts related to purchase of the property, such as earnest money deposit, role of title and escrow companies, contingencies, fees to be prorated, buyers expenses, appraisal value, repairs, home warranty,  walk through, closing costs, close of escrow, recording, etc.

– Be ready for your due diligence: The due diligence period has been created to protect you as a buyer. You have to be aware about the home inspection, appraisal report, preliminary title report and homeowner’s association package of your future home and their specific time frames. Knowing your rights will save you money and relief lots of stress. We are here to help you

– Do a walk-through: Many things could happen when you are in contract an especially prior closing the transaction. Properties could get vandalized and you can still back out of the contract. Check the property thoroughly prior signing the closing documents and then authorize the lender to transfer the funds to close the transaction.

– Order the utility services under your name before closing, that way you won’t interrupt the service and won’t be charged for reinstating it.

–          Get prepared for your closing: Three to five days prior closing the transaction, you’ll sign the loan and escrow documents. You will require two forms of ID and at least 40 minutes for your closing appointment. The next step will be funding, recording the property and finally receiving the keys.

Brand New Houses

If you are concerned about the previous conditions of the houses, or don’t want to deal with repairs or history of homeowners, a brand new home is the best solution. We specialize in brand new houses form the builder. We’ll find out all the available incentives for you and will represent you saving money and stress. Contact us

Foreign buyers

Foreign buyers can buy houses via cash or financing in US.  If you plan to get financing, it’s advisable to meet at least two loan officers and get good faith estimates and compare type of loans, interest rates, closing costs, financing fees. This will help you to get different financial scenarios and negotiate the one that fits your needs. Want to talk to an expert?