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April 13, 2022

LAS VEGAS MILLION DOLLAR HOMES FOR SALE | Considering an Adjustable Rate Mortgage When Interest Rates Are On The Rise

Home sellers have lots of options when is time to sell their properties, however there is no magic formula that will guarantee in achieving the best and highest price possible for their homes. This is why I like to partner with my clients to guide them through the complexities of selling their homes. I assembled a team of true professionals with experience, dedication and strong communication skills to help ensure a successful and profitable sale of your home. 

 

Today, we'll talk about Considering an Adjustable Rate Mortgage When Interest Rates Are On The Rise

 

Buying a home is a big investment for most people. There are many factors to consider when buying a house, but one of the biggest decisions is whether to get an adjustable-rate mortgage (ARM).

With rates rising, Adjustable Rate Mortgages will be even more popular. 

 

 

 ARM's are often confusing because of the interest rates and the way they can change at anytime. It is important to know what to look for in an ARM, as well as how to negotiate the best deal possible. The question should be addresses to the lender. What has to happen for my rate to adjust automatically? 

 

When looking at an ARM, there are a few things to keep in mind. The most important thing is that the interest rate will change over the life of the loan. 

 

The second thing to remember is that the ARM has a lower initial interest rate than a traditional fixed-rate mortgage. Precisely the reason why ARM's become popular when higher interest rates are prevailing.

 

A common misconception is that ARMs are only used by people who are planning to move in just a few short years. This is not true, ARM's are very popular with people who are staying in their homes longer. In fact, it is common for people to use an ARM for 10 or 15 years. 

 

Studies have shown, not too many people live in the same house for 10 to 15 years. For that reason, an ARM loan could save them money  while having the option to pay off the balance early.  

 

It is also important to note that ARM's do not necessarily mean you will pay more in the long run.  For example, if you plan to stay in your home for 5 or 10 years, it could save you thousands of dollars because you've elected an ARM instead of a 30-year fixed-interest loan. 

 

If you are considering an ARM, it is important to remember that it is a good option if you are planning to stay in your home for just a few years. However, if you are planning to stay in your new home for a long time, then you may want to choose a traditional fixed-rate loan.

 

Always consult with your real estate agent about your home inspection results and the options you have inside the sales contract that you've signed. 

 

To purchase your dream home or a great foreclosure property, is about being educated, thorough and patient with the process. The most important aspect of finding the perfect home is working with a real estate agent who is highly skilled in negotiation and understanding of your expectations!  

 

For more information or assistance to help you find a home in the Las Vegas and Henderson area please call us at 702–845–8540

Posted in Las Vegas
April 6, 2022

LAS VEGAS MILLION DOLLAR HOMES FOR SALE | What To Expect During A Home Inspection , When Buying a Home...

Home sellers have lots of options when is time to sell their properties, however there is no magic formula that will guarantee in achieving the best and highest price possible for their homes. This is why I like to partner with my clients to guide them through the complexities of selling their homes. I assembled a team of true professionals with experience, dedication and strong communication skills to help ensure a successful and profitable sale of your home. 

 

Today, we'll talk about What To Expect During A Home Inspection , When Buying a Home...

 

 

Buying a home is one of the most important financial decisions that a person will make in their lifetime. The purchase of a home can be a very emotional time for both the buyer and seller, and it is often difficult to know what to expect during this process. However, by knowing what to expect before purchasing a home, the process can be less stressful and more rewarding.

 

Once you have found a home that you would like to purchase, it is important to schedule a home inspection. A home inspection is a critical step in the purchase of a home. It allows you to get a complete picture of the condition of the home. This includes everything from the exterior to the interior of the home. By having a home inspection performed, you will be able to know if the home is a good investment or not. It is important to note that the home inspector will not tell you how much your home is worth, but they will give you an estimate of the condition of the home based on the items that were checked during the home inspection

 

If you’re anything like me, when I make small purchases, I always check for reviews to ensure myself that I'm  getting the most bang for my buck. A home inspection is sorts of a review of the specific home you are purchasing...you will hear the good and the bad when you receive the final written home inspection.

 

After the home inspection is completed, it is time to decide whether to continue with the purchase of the home. (provided that your contract has that stipulation) - Consult with your real estate agent.

 

There are many things that need to be taken into consideration, 

 

 ◄ How much are the repairs? 

 ◄ Know what "AS-IS" really means inside your contract

 ◄ Do they need to be fixed right away? 

 ◄ Can the seller contribute cash at the table to help you pay for it?

 ◄ No house is perfect, are you ready to accept a less than perfect home and go forward? 

 ◄ Can you use the home inspection to renegotiate the contract? - Is this proper?  I don't advise this to my buyer clients because, it is simply not the purpose of a home inspection.

 

It is important to make sure that you take all of these factors into consideration before making a final decision. 

 

Finally, it is also very important to remember that the home inspection process is meant to be comprehensive and educative for you as the new homeowner. By taking the time to thoroughly inspect the home, you will have a better understanding of what you are getting into.

 

Always consult with your real estate agent about your home inspection results and the options you have inside the sales contract that you've signed. 

 

To purchase your dream home or a great foreclosure property, is about being educated, thorough and patient with the process. The most important aspect of finding the perfect home is working with a real estate agent who is highly skilled in negotiation and understanding of your expectations!  

 

 

For more information or assistance to help you find a home in the Las Vegas and Henderson area please call us at 702–845–8540

Posted in Las Vegas
April 1, 2022

LAS VEGAS MILLION DOLLAR HOMES FOR SALE | Buying a Home? Don't Underestimate Location, Location, Location

Home sellers have lots of options when is time to sell their properties, however there is no magic formula that will guarantee in achieving the best and highest price possible for their homes. This is why I like to partner with my clients to guide them through the complexities of selling their homes. I assembled a team of true professionals with experience, dedication and strong communication skills to help ensure a successful and profitable sale of your home. 

 

Today, we'll talk about Buying a Home? Don't Underestimate Location, Location, Location

 

 

One of the key aspects of any home that you move into is, without a doubt; Location, Location, Location. 

 

Homes may look luxurious online, but there is always the possibility that the area this fantastic home is in may be in a place that could be difficult for you to go shopping,  attend school., work and even transportation access. Before you move to any new county, town, subdivision or city, it's a good idea to do a little research and find out as much as possible about the place that you are considering calling home. The logical place to start asking questions is to the person who is helping you, Your Real Estate Agent.  Whether you are moving from a distance away, out of state or even from another county,  you may want to try to find a real estate agent who  specializes in the area that you are interested in. REALTORS®  are a great source of information, and  they know more about a given area than just about anyone

 

In finding out about a new area, there are some definite things that you will want to find out about the areas you are considering

 

Start by finding out about the economy in the area itself. 

 

Another question to ask yourself:  What kind of atmosphere can you expect when moving there? 

 

You also need information about the local schools. They determine the growth of a neighborhood in many ways. Even if you do not have children, knowing the education system is just a good idea because  people usually consider it important in a new town offering  a good education district...will most likely bring you  a higher price when you have to sell your house years from now. 

 

You will also need to know about the employment market and the education system. It's always important to know what kind of job environment, opportunities  and future planning is in the area you are moving to. 

 

Is there room for your career to flourish in the area you are moving to?

 

Did you know that proposed developments, both residential and commercial can drastically affect  property values in any given area?

 

Buying a house with the help of a knowledgeable REALTOR®  can usually assure making a good purchase for future growth. 

 

To purchase your dream home or a great foreclosure property, is about being educated, thorough and patient with the process. The most important aspect of finding the perfect home is working with a real estate agent who is highly skilled in negotiation and understanding of your expectations!  

 

For more information or assistance to help you find a home in the Las Vegas and Henderson area please call us at 702–845–8540

Posted in Las Vegas
March 22, 2022

LAS VEGAS MILLION DOLLAR HOMES FOR SALE | 5 Things You Should Do Before Selling Your Home

Home sellers have lots of options when is time to sell their properties, however there is no magic formula that will guarantee in achieving the best and highest price possible for their homes. This is why I like to partner with my clients to guide them through the complexities of selling their homes. I assembled a team of true professionals with experience, dedication and strong communication skills to help ensure a successful and profitable sale of your home. 

 

Today, we'll talk about 5 Things You Should Do Before Selling Your Home

 

 

If you are planning to sell your home, chances are that you have already made some decisions about how to prepare it for sale. 

If you want to sell your house quickly and attract higher offers, then you need to make sure you have a prepared-to-sell- house. 

 

Here are some things you can do to prepare your house before selling it.

 

1. Declutter - 

The first step is to declutter. You don't have to throw out everything, but you should get rid of any items you no longer use. You may want to donate some items to charity, and you may also want to give them away as gifts. If you have a lot of items in your home, then you might want to consider renting a storage unit until you find a buyer for your home.

 

2. Clean - 

You should also clean up any messes in your home. This includes cleaning up the yard, washing windows, and washing any outdoor furniture. You may also want to wash your patios,  walkways  and take out the trash. You should make sure your home looks good from the outside to create a nice curb appeal.

 

3. Repaint - 

You should also paint any areas of your home that you want to change. Painting your home can be expensive, but you can always save some money by doing it yourself. Especially if the painting is minor touch ups and fixes. You can also ask friends and family if they would like to help you paint on a weekend.

 

4. Fix any problems - 

You should also fix any problems you notice in your home. This could include fixing broken doors, repairing leaky faucets, and replacing worn out appliances. You should also repair any cracks in your walls and ceilings. You can hire someone to fix these issues if you don't know how to do it yourself.

 

5. Organize -

You should also organize your home prior to selling it. You can organize by room, by color, or by category. This will be helpful to you when you are ready to move.  A house that is organized, neat with everything in the right order is much easier to sell. 

 

To purchase your dream home or a great foreclosure property, is about being educated, thorough and patient with the process. The most important aspect of finding the perfect home is working with a real estate agent who is highly skilled in negotiation and understanding of your expectations!  

 

For more information or assistance to help you find a home in the Las Vegas and Henderson area please call us at 702–845–8540

Posted in Las Vegas
March 16, 2022

LAS VEGAS MILLION DOLLAR HOMES FOR SALE | Top 7 Steps To Take For First Time Home Buyers

Home sellers have lots of options when is time to sell their properties, however there is no magic formula that will guarantee in achieving the best and highest price possible for their homes. This is why I like to partner with my clients to guide them through the complexities of selling their homes. I assembled a team of true professionals with experience, dedication and strong communication skills to help ensure a successful and profitable sale of your home. 

 

Today, we'll talk about  Top 7 Steps To Take  For First Time Home Buyers 

 

 

Buying a home can be an exciting time in anyone's life. It is important to have a good understanding of the process from beginning to end. When buying a home, there are several steps that need to be taken before signing a contract. This article will discuss each step and how it affects your decision to buy a home for the first time.

 

1) Decide Where You Want To Live - 

The first step in the process of buying a home is deciding where you want to live. If you are considering relocating to a new city, you may want to start by looking at the local real estate market. Researching the area will give you a better idea of what homes are available for sale and how much they cost. You should also consider the cost of living in the area, including things like taxes, gas prices, and food prices.

 

2) Get Pre-Approved - 

Before deciding in writing an offer, you will likely receive pre-approval from your lender. This is a document that shows the amount of money you can borrow for the purchase of the home. This is a very important step in the process because it allows you to know exactly how much you can afford to pay for the home.

 

3) Hire A Real Estate Agent - 

After getting pre-approved, you will likely hire a real estate agent. This is an individual who works with you throughout the entire process of buying a home. They will help you find the right home and negotiate a deal that is fair for both parties. They can also help you get your financing arranged.

 

4) Make An Offer - 

Once you have decided where you want to live, it is time to make an offer. This offer is typically made through a real estate agent. Before making this offer, you should take into consideration the price of the home, your credit score, your down payment, and your closing costs. Be sure to look over all the terms and conditions of the offer carefully.

 

5) Finalize The Purchase Contract - 

Once everything has been agreed upon, you will sign a purchase contract. This is a legal document that outlines the terms and conditions of the purchase agreement.

 

6) Complete Closing And Inspections - 

The final step in the process is closing and inspections. These are two very important steps in the process. Closing is when the title is transferred from the seller to the buyer. Inspections are usually done by an inspector who will make sure that the house is in good condition.

 

7) Move In - 

Once the inspections are complete, you can move into your new home. Congratulations! You are now a homeowner.

 

To purchase your dream home or a great foreclosure property, is about being educated, thorough and patient with the process. The most important aspect of finding the perfect home is working with a real estate agent who is highly skilled in negotiation and understanding of your expectations!  

 

For more information or assistance to help you find a home in the Las Vegas and Henderson area please call us at 702–845–8540

Posted in Las Vegas
March 8, 2022

LAS VEGAS MILLION DOLLAR HOMES FOR SALE | Top 5 Steps To Get Your House Ready For Sale

Home sellers have lots of options when is time to sell their properties, however there is no magic formula that will guarantee in achieving the best and highest price possible for their homes. This is why I like to partner with my clients to guide them through the complexities of selling their homes. I assembled a team of true professionals with experience, dedication and strong communication skills to help ensure a successful and profitable sale of your home. 

 

Today, we'll talk about Topt Top 5 Steps To Get Your House Ready For Sale 

 

 

If you have ever thought about selling your home, you've probably wondered how to get it ready for sale. There's a lot of work that goes into selling a home. It takes time and effort to make sure the house looks good, but it can be done. If you have some time and want to make sure your home is in tip-top shape, here are some 5 tips on what to do.

 

#1 DECLUTTER & DONATE

First, you should get rid of all the clutter. Clutter is one of the main things that turn buyers off. You don't need to get rid of everything, but if you haven't used something in six months or more, you should consider getting rid of it. The less there is to distract from the beauty of your home, the better.

A lot of our sellers use this time to donate some of their extra stuff to worthy organizations and schedule pick-ups. 

 

#2 FIRST IMPRESSIONS

Next, you should clean up any problems that deter your home from having curb appeal. This includes weeds, grass that is overgrown, and anything else that detracts from the overall look of your property. Cleaning up your yard will make it easier for potential buyers to imagine themselves living there, but most importantly, is the first impression they get when they first pull up to your front yard. I've heard many stories when agents report that their clients did not want to step foot inside the house just because of the way it looks from outside. 

 

#3 FIX WHAT IS BROKEN

You should fix and get rid of anything that is broken. Broken items should be fixed or replaced. Broken windows and doors are a huge turn-off for buyers,  It is much harder to sell a home with broken windows and doors than one that is 100% ready in move-in condition. If you want to receive TOP DOLLAR when selling your property, your property must be in TIP-TOP SHAPE.

Fixing all the dings and scratches from all the years of occupancy is a good way to start the preparations of selling your home. 

 

#4  CLEAN, CLEAN, CLEAN

As you start the preparations to sell your home, cleaning your house to sell is a priority from the very beginning. Creating a checklist can help you stay on track. This is the time for a deep cleaning to turn your home into a house that really impresses all prospective buyers, that will come with intentions to buy. 

You may have to consider using professional cleaners and invest some money into the preparation of your home... once you see the results, it will be worth it.

 

#5  DON'T TEST THE WATERS

Selling a home with a "just testing the water" attitude will not lead you to a positive outcome. Especially when it comes to the pricing of the property. Every house has a reputation, and  you need to protect it. As you accumulate "Days on Market" your chances of getting your home sold for the highest amount it can bear is almost impossible. You will end up attracting only low-ball offers looking for a bargain as your home sits unsold with the appearance that "there must be something wrong with that property being in the market so loooong!".

 

Commit to sell or wait until you are...

 

There are many opportunities for growth in the current real estate market. To find out what’s right for your family, let’s get together to help you understand your options and guide you toward the best decision,

 

To purchase your dream home or a great foreclosure property, is about being educated, thorough and patient with the process. The most important aspect of finding the perfect home is working with a real estate agent who is highly skilled in negotiation and understanding of your expectations!  

 

For more information or assistance to help you find a home in the Las Vegas and Henderson area please call us at 702–845–8540

Posted in Las Vegas
March 2, 2022

LAS VEGAS MILLION DOLLAR HOMES FOR SALE | Top 5 Things Homebuyers Are Looking For in a House

Home sellers have lots of options when is time to sell their properties, however there is no magic formula that will guarantee in achieving the best and highest price possible for their homes. This is why I like to partner with my clients to guide them through the complexities of selling their homes. I assembled a team of true professionals with experience, dedication and strong communication skills to help ensure a successful and profitable sale of your home. 

 

Today, we'll talk about Top 5 Things Homebuyers Are Looking For in a House

 

 

The real estate market is one of the most competitive markets in the world. This means that there are plenty of options to choose from when you decide to buy or sell a house. You can go through a real estate agent or do it yourself. If you are planning to buy a new home, working with an agent is always more beneficial to you 

What are homebuyers looking for a home these days? 

On this report, you will find the top 5 things I found most homebuyers are looking for. 

Use this as a guide for yourself if you are looking for a new home.

 

1. Location, location, location

The first thing you should consider is the location of the home. It is important to check out the neighborhood and see if it is a safe area. Check the crime rates in the area and see how close you will be to schools and shopping centers. Make sure that the area has good public transportation. For most buyers, this is the #1 thing they take on consideration.

 

2. Features You Must Have

Next, you need to make sure that the home has the features you want. For instance, if you want a large yard, you should consider homes that have large lots. Also, if you are looking for a home with a fireplace, you should look at homes that have a fireplace. If you identify the features you must have, your search will be more simplified. 

 

3. The Size Of The House 

The next thing to think about is the size of the home. When you are looking at a house, make sure that it has enough space for you and your family. If you have small children, you should also take into consideration the number of bedrooms that the house has.

Again, your search will be simpler when you are 100% sure of the number of bedrooms, baths or garage spaces. 

 

4. The Price of a Home

The next thing to think of is the price of the home. In order to get a good deal on a home, you should look at homes in the same price range as yours. You should also make sure that the home you are looking at is not overpriced. 

Your real estate agent should run a Comparative Market Analysis (CMA) prior to you sending an offer with intent to purchase.

 

5. The Condition of the Home

The last thing to consider is the condition of the home. Make sure that the home is in good shape. You should check the roof and windows to make sure they are all in good condition.

A comprehensive thorough inspection should be considered as a condition element (Contingency) inside your contract. Your real estate agent should guide you on choosing the right home inspector to help you at this time. 

 

These are just a few of the things you should consider when you are looking for a new home. Make sure that you are ready to face any challenges that come along.

Please contact me if you are ready to explore buying a home inside this unpredictable market we are currently in...

 

There are many opportunities for growth in the current real estate market. To find out what’s right for your family, let’s get together to help you understand your options and guide you toward the best decision,

 

To purchase your dream home or a great foreclosure property, is about being educated, thorough and patient with the process. The most important aspect of finding the perfect home is working with a real estate agent who is highly skilled in negotiation and understanding of your expectations!  

 

For more information or assistance to help you find a home in the Las Vegas and Henderson area please call us at 702–845–8540

Posted in Las Vegas
Feb. 23, 2022

LAS VEGAS MILLION DOLLAR HOMES FOR SALE | 4 Ways To Get Your Offer Accepted When Buying a Home

Home sellers have lots of options when is time to sell their properties, however there is no magic formula that will guarantee in achieving the best and highest price possible for their homes. This is why I like to partner with my clients to guide them through the complexities of selling their homes. I assembled a team of true professionals with experience, dedication and strong communication skills to help ensure a successful and profitable sale of your home. 

 

Today, we'll talk about 4 Ways To Get Your Offer Accepted When Buying a Home

 

 

Not a single strategy or trick can guarantee acceptance of a contract when competing with others. These are 5 ways you can strengthen your offer and make it more attractive to the sellers via communictaion with their listing agent.

 

It is important that your offer is structured in such a way that will be easily  accepted by the seller when presented. 

Here are 5 ways to enhance your offer presentation and get your offer accepted.

 

 

#1 Working with a professional agent and loan officer matters...

 

A real estate agent can help you with this process tremendously. The first thing he or she should do is to connect with the listing agent and find out what's significant to the seller? 

Besides price, what else do they need to have inside an offer, that will be very attractive to them? 

Then, your loan officer plays an essential role in this as well. 

As soon as the offer is presented, have your loan officer call the listing agent and explain the strengths of your loan application, that you are 100% approved and all they need is a ratified contract to proceed. 

It is a team effort between your REALTOR® and your  loan officer after all... 

To convince the seller that they are working with professionals who dotted all the i's and crossed the t's. 

This is what it takes to make your offer  more attractive. 

 

 #2 Increasing Your Earnest Money Deposit

 

As part of the process when buying a home. You will need to write a check as a good faith deposit. Your offer needs to include a strong EMD deposit that tells the seller that "you've got skin in the game" 

A strong deposit  shows that you are a serious buyer and very focused on buying that particular home. 

What makes  a strong EMD Deposit? 

This is a question you must ask your real estate agent. 

The EMD deposit is generally between 1% to 5% of the offered price. There are no rules  that require an exact amount.

 

#3 Offer a Leaseback. - "Allowing  the Seller To Stay In The House For a Short Period After The Sale"

 A leaseback allows a buyer to rent the property back to the sellers for a short period of time, letting them stay in the home after the closing. Of course, your real estate agent will have to negotiate all the details with the seller, but if your situation allows you to wait, this is a good offer to give the seller time to move out from the house after closing, and not rush moving out...as soon as the deed of title was signed.

 

#4 Buy the Property AS IS

What does it mean to you as a buyer when you offer to buy a property as is?

 'Sold As-Is'  is when  the sellers list their homes for sale, and they don't want to do any repairs before closing. It means that the buyer accepts the property AS IS and  there are no guarantees from the seller that everything is in working condition. 

An offer to buy a property AS IS has had some risks, and you should consult with your real estate agent if that is a viable option for you 

 

 The Bottom Line

Getting a contract accepted to buy a home is difficult right now — and this is especially hurtful to first-time home buyers. They don't have the extra income to offer higher prices in order to buy a home. 

We are in the middle of a buyer's market and like everything else, there will be a time when we will be inside a seller's market as well...

Today, lack of inventory is putting pressure on homebuyers.

But, I can assure you with the help of a good real estate agent, you will become a new homeowner in no time!

 

There are many opportunities for growth in the current real estate market. To find out what’s right for your family, let’s get together to help you understand your options and guide you toward the best decision,

 

To purchase your dream home or a great foreclosure property, is about being educated, thorough and patient with the process. The most important aspect of finding the perfect home is working with a real estate agent who is highly skilled in negotiation and understanding of your expectations!  

 

For more information or assistance to help you find a home in the Las Vegas and Henderson area please call us at 702–845–8540

Posted in Las Vegas
Feb. 14, 2022

LAS VEGAS MILLION DOLLAR HOMES FOR SALE | 8 Steps To Buy A Home With The Guidance of a Real Estate Agent

Home sellers have lots of options when is time to sell their properties, however there is no magic formula that will guarantee in achieving the best and highest price possible for their homes. This is why I like to partner with my clients to guide them through the complexities of selling their homes. I assembled a team of true professionals with experience, dedication and strong communication skills to help ensure a successful and profitable sale of your home. 

 

Today, we'll talk about 8 Steps To Buy A Home With The Guidance of a Real Estate Agent

 

 

Step #1 

Making a decision because, buying a home is a major financial commitment. You will be spending thousands of dollars, perhaps tens of thousands of dollars to purchase your new home.

 

Step #2 

Next, contact several real estate agents in your area. Ask them about the types of homes they represent, what neighborhoods they prefer to work in, and what type of homes they feel would fit your needs. If you cannot find an agent who can connect with your specific needs, ask for referrals to other agents who may be able to help you.

 

Step #3 

Once you know what price range you want to spend, go to a mortgage broker or bank and get prequalified for a loan. The prequalification process will give you an idea of how much money you will need to buy your home.

 

Step #4

Once you have selected your agent and have an approval on hand, make appointments to see the homes that interest you. In most cases, your agent will give access to all the houses available for sale in the areas of your choice. 

 

Step #5

During the showing, take careful notes about the condition of the house. Also, keep track of any special features or amenities that you might want to include in your offer. Your agent should be able to guide you through this process.

 

Step #6 

After you have made an offer, you should receive a counteroffer from the seller. This counteroffer will usually contain some changes that you must agree to before the contract can be finalized. It is important to read the counteroffer carefully before signing it. Again, your agent's help is necessary for negotiating the terms of a contract and forward tp the other p[arty what you are willing to pay to negotiate for the house. 

 

Step #7

The contract will first need to be free of any contingencies(conditions) i.e. Home Inspection. A contract has many conditions that need to be 100% clear before the contract of sale can be enforced. Before proceeding to the next step, there should not be any other contingencies left inside the contract. 

 

Step #8

At this point, you will be ready to close on the sale of your home. The closing process is very complicated and involves many people. Before you begin the process, it is indispensable to find out exactly what is involved in the closing process. Your agent will be an invaluable resource and guide throughout the process. 

After the closing, is completed, you are now a homeowner, and you will have the front door keys in your hand.

 

Buying a home is extremely complicated and full of surprises. Do not attempt this without the use of a reliable and experienced real estate agent helping you side by side.

 

There are many opportunities for growth in the current real estate market. To find out what’s right for your family, let’s get together to help you understand your options and guide you toward the best decision,

 

To purchase your dream home or a great foreclosure property, is about being educated, thorough and patient with the process. The most important aspect of finding the perfect home is working with a real estate agent who is highly skilled in negotiation and understanding of your expectations!  

 

For more information or assistance to help you find a home in the Las Vegas and Henderson area please call us at 702–845–8540

Posted in Las Vegas
Feb. 7, 2022

LAS VEGAS MILLION DOLLAR HOMES FOR SALE | 3 Ways How To Buy a Home With No Down Paymen

Home sellers have lots of options when is time to sell their properties, however there is no magic formula that will guarantee in achieving the best and highest price possible for their homes. This is why I like to partner with my clients to guide them through the complexities of selling their homes. I assembled a team of true professionals with experience, dedication and strong communication skills to help ensure a successful and profitable sale of your home. 

 

Today, we'll talk about 3 Ways How To Buy a Home With No Down Paymen

 

 

How to Buy a House With Little or No Money Down

Buying a house with little or no money down can be a challenge. The first thing you need to do is find a house that is affordable. This means that it should not cost more than 3 times your monthly income. If you don't have a lot of money. 

 

#1 Getting Help From The US Government

You might want to consider getting a loan with the help of the US Government. You may be eligible to receive a no money down loan from VA, FHA, HUD and USDA. Connect with a knowledgeable real estate agent to consult what program will fit your application.

 

Did you know that VA loans and USDA loans require no money down? 

 

In addition, there are many ways to reduce your down payment by applying for the right program. 

 

#2  Getting Help From a Co-Signer

Do you know a co-signer that could stand behind you and has money for the down payment? Typically, this would be a close friend, your parents, brother, sister, cousin  or occasionally an employer. Someone who has trust on you and believes you will honor your commitment.

 

#3 Find a Property Owner Who Will Finance You Directly 

Most often, these property owners are tough to find, but they likely own property that is not well cared for, an inheritance that needs a quick resolution, a house that has been vacant for an extended period or a property that can not be sold for one reason or another. Seeking these homeowners could result in a creative no money down deal. If you find a property that no one wants, scares buyers, you may have a chance of convincing the seller to provide you with a no money down deal. 

 

Always consult your real estate agent when you are looking for these types of properties. They will guide through while protecting your best interests.

 

Don't forget the closing costs!

 

Once you have found a house that you can afford, you need to decide how much you can spend on closing costs. Closing costs are fees charged by the seller and other third parties when you buy a house. They include the purchase price, appraisal fee, property taxes, and any other fees associated with buying a house. In most cases, you can expect to pay anywhere between 2% and 6% of the purchase price. You can get a better idea of what these costs will be by looking at the sales contract.

 

Another point of reference prior to finding a no money down deal is to find where you want to live? 

There are many factors that you need to take into consideration. First, you need to decide if you want to live in the city or the suburbs. You also need to decide if you want a single family home or a condo building. Finally, you need to decide whether you want to live near public transportation or in a neighborhood that has a large number of young families.

 

Once you have decided where you want to live, you need to decide what kind of house you want. There are many kinds of houses available. For example, there are houses that are built with brick, houses that have two stories, houses that are made out of wood, houses that are made out concrete, and houses that are made out of steel. You can also choose to buy a house that has a garage, a basement, or a swimming pool.

 

Once you have decided the type of house that you want, you need to decide on the features that you want. For example, you might want a house that has a fireplace or a fireplace insert. You might also want a house that has hardwood floors, granite countertops, stainless steel appliances, or a Jacuzzi tub.

 

Finally, you need to decide on how you want to proceed if you find the house you want and could possibly buy it with no money down. 

 

Always consult your real estate agent when you are looking for these types of properties. They will guide through while protecting your best interests.

 

There are many opportunities for growth in the current real estate market. To find out what’s right for your family, let’s get together to help you understand your options and guide you toward the best decision,

 

To purchase your dream home or a great foreclosure property, is about being educated, thorough and patient with the process. The most important aspect of finding the perfect home is working with a real estate agent who is highly skilled in negotiation and understanding of your expectations!  

 

For more information or assistance to help you find a home in the Las Vegas and Henderson area please call us at 702–845–8540

Posted in Las Vegas