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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
Feb. 2, 2022

LAS VEGAS MILLION DOLLAR HOMES FOR SALE | Five Common Mistakes 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 I want to bring a very important point that relates to the sale of your home, Study Shows Home Prices Five Common Mistakes When Buying a Home

 

Buying a home is a big decision. You may be thinking of moving into a new home, or you may have decided to sell your current home and move somewhere else. Regardless of what you're doing, it's important to understand how real estate works. The following five mistakes will help you avoid common mistakes when purchasing a home.

 

 

1. Not considering all your options.

Many people assume that they'll find the perfect home and then sign the contract. While this may be true for some buyers, most buyers will need to look at several homes before they can decide which one is right for them.

 

2. Not taking time to consider all your options.

Once you've narrowed down your choices, you should take the time to consider all your options, including the cost of the home. This will ensure that you don't end up with a home that's too expensive.

 

3. Not checking out the neighborhood.

One of the most essential aspects of buying a home is choosing the neighborhood. It's important to check out the schools, the crime rate, and the general atmosphere in the neighborhood. Don't assume that just because a home is affordable that it's the best choice for you.

 

4. Assuming that the home is already fixed.

Most people assume that their home will be ready to live in right away. Unfortunately, this is rarely the case. You'll need to make sure that the home is structurally sound, and that it has everything that you need.

 

5. Thinking that you'll save money by not having to fix things yourself.

If you have to do any work on the house, you'll likely pay more than if you had hired someone to do it. In addition, you won't have as much control over the work. Make sure that you get an estimate from a professional before you make any decisions.

 

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
Jan. 27, 2022

LAS VEGAS MILLION DOLLAR HOMES FOR SALE | How To Buy Your First Home - The "5 Necessary Steps"

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 I want to bring a very important point that relates to the sale of your home, Study Shows Home Prices How To Buy Your First Home - The "5 Necessary Steps"

 

If you are a first time home buyer, you'll need to follow these 5 steps that will determine if your purchase is successful or not. 

Since this will probably be the most significant monetary transaction in your life so far, you must be careful and choose your actions well.

 

How To Buy Your First Home - The "5 Necessary Steps" you must take when you are ready to become a homeowner. 

 

 

STEP #1 

Assembling Your Team

 

The main reason you require  a good  real estate agents is because they are licensed professionals who have access to information that most often is not open to the public. A good buyer’s agent is the key hire for you as a home buyer. He or she will preferably be an expert on the home buying process for the area(s) you are looking for. Your agent should also be a skilled negotiator that will help you save money on the process. 

 

Another key hire is your lender. They will be helping you with your loan application and prepare you with a list of all the documents you will need to present with your application. Your lender will work with your real estate agent side by side...so they can protect your best interests. 

Between your agent and your lender, your application should go through with no problems as you start the process of finding your first  home. 

 

STEP #2 

Determine your Budget / Price Range

You'll need to  determine how much house you can afford?

Include inside your budget the "extra costs" that comes from homeownership like: taxes, insurance and maintenance costs.

Note: When saving up for a home, it's key to have a reserve of cash savings or an emergency fund. This money could be used for the down payment or closing costs. In general, it's always a good idea to have at least 3-6 months of living expenses saved up in case of emergency...this is called cash reserves and your lender may ask you to provide evidence for this. 

Connect with your real estate agent if you have questions about this. 

 

STEP #3 

Get an Approval Letter 

As soon as you have determined your price range and have found the mortgage lender you want to work with, you'll get a copy of your pre-approval letter, and you'll need to share this with your real estate agent as you go through the process. Your approval letter is your proof that you are a legitimate home buyer.

 

STEP #4 

Determine the Right Location for Your First House

Choose careful your location when buying a home, especially if you're moving to a new area that you may not be familiar with 

How do you select which location is right for you?

#1 Consider transportation and commuting times to and from work

#2 Is the neighborhood in line with your  lifestyle? 

#3 Friends and family, how important is that they live nearby? 

#4  Do you want to live near, restaurants, grocery stores, retail establishments or Starbucks?

 

 

STEP #5 

Always Ask For a Home Inspection

Trust your real estate agent for all other steps that you must take when buying a home. 

The last step you must make is to insist that your purchase offer is contingent on a home inspection. 

Let me explain, this condition of the contract is designed to protect your best interest when it comes to the condition of the home you are purchasing. 

The home inspection will check for signs of structural damage or any other things that may need fixing. 

Your real estate agent will put this condition inside your contract and schedule/arrange to have this inspection conducted within a few days of your offer being accepted by the seller. 

 

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
Jan. 20, 2022

LAS VEGAS MILLION DOLLAR HOMES FOR SALE | The Top 4 Best Upgrades That Add The Most Value To 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 I want to bring a very important point that relates to the sale of your home, Study Shows Home Prices The Top 4  Best Upgrades That Add The Most Value To Your Home

 

There are so many things you can do to add or drop the value to your house. 

Do you know exactly which home upgrades add the most value and ROI when selling your house? 

 

If you are looking for ideas and inspiration, you are definitely on the right place.

On this post, I will cover about the best 4 possible updating options. 

 

People often ask me, "What brings the best ROI when it comes to selling a house?"( ROI - return on investment)  

and this is my reply...

 

Let's get started, 

 

 

1. Updating the Kitchen

The heart of every house is the kitchen. Any appearances of discomfort found by buyers will cost you thousands of dollars.

Your number one priority in preparing a house to sell should be to make the kitchen shine and if you can afford it and needs it.... change to new appliances, change old counters, cabinets, door cabinets and

install a new splash wall before selling. The money you invest in modernizing your kitchen, will be returned handsomely at the closing table.

 

 

2. Get that Bathroom Upgraded

A bathroom remodel doesn't necessarily mean that you need to put a lot of money on it. 

A few dollars spent in repairing where is needed, fixing and replacing fixture if necessary and staging your bathroom will go a long way.

Remember, buyers  are looking for change in their lifestyle...give it to them with a few scented candles, colored soaps, body lotions and fresh soft towels.

The bathroom has to sparkle!

 

3. Replace Old Carpet

 

Old carpet is a big turnoff to home buyers as it shows dirty, stained and has a smell that won't go away. 

Remember, your carpet is like the floor mats in your car –

If you are selling your car and while cleaning it, you observe the floor mats are all worn and dirty. You replace them and instantly change

the look of the interior to help you possibly get more money for your car. T

The same concept applies to your house. Pretend the carpet in your house's carpet are the floor mats of your car before selling it.... If worn, discolored, dirty and looks all used up...change it! - 

If they are still in good shape, have them professionally cleaned.

 

4. Paint the Walls in a Neutral Tone

Painting rooms and exterior areas where they are needed is always a good investment of time and money.

Paint over scuffs and wall imperfections –

A potential buyer sees your house as a blank canvas for them to paint a new life on....make sure you give them that white canvas and not

divert their attention to little areas that you left with one stroke of a paint brush...just because your color did not match!

Take a sample of the paint (a paint chip would do) to Home Depot, and let them  mix the exact color paint for you.

I don't recommend strong colors, stick to neutral lighter shades of brown and white.

 

Remember, a house is a product and after selecting the right price, the preparation is very important to have a successful sale. 

If your house as a product is appealing to buyers, it has a much greater chance of selling sooner and for the most money.

 

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
Jan. 13, 2022

LAS VEGAS MILLION DOLLAR HOMES FOR SALE | 5 Ways To Get Your Offer Accepted in the Middle of a Housing Bidding War

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 I want to bring a very important point that relates to the sale of your home, Study Shows Home Prices  5 Ways To Get Your Offer Accepted in the Middle of a Housing Bidding War

 

 

Many rejected home buyers are finding lots of difficulties getting offers accepted by sellers.

In this market, when buying a home the question to ask is: 

 

How do I get my offer accepted on a house where there is a lot of competition? 

 

As 2022 started, inventory levels are at historic lows.

Simply, 

There isn't enough homes to sell to all the homebuyers ready, who are ready to buy. 

 

As a real estate agent, where I represented  many buyers over the last few years, I have to figure out a way to win against multiple offers and get a contract accepted for my clients.

This is the reason I came up with my top 5 ways to get an offer accepted in the middle of a bidding war. 

 

#1 Include an Escalation Clause to Your Offer

An escalation clause is a provision inside a contract that allows the seller to escalate our offer above the highest sales price submitted. 

The buyer’s contract price is automatically escalated to a maximum escalation point or the highest bid from other homebuyers. Whichever comes first 

Example: An offer of $500,000 with an escalation clause to raise the offer up to $525,000. There is no need to amend the contract, and it is automatically put into effect, provided there is a higher offer. 

If a competing offer was submitted for $520,000, the seller then has the ability of raising my offer to $525,000 and be the higher offer between both contracts. 

 

#2 Removing The Appraisal Contingency

Although this may not be the most popular option, by removing the appraisal contingency it allows the sale of the property to go through regardless of what the house appraised for. 

This is called an "appraisal gap" 

As the homebuyer is required to bring more cash to the table. 

Banks will lend up to the appraised value, if the appraisal comes back lower than the offered price, the buyer is basically on the hook for the difference. 

The amount could  be substantial, in some cases, we set limit, 

As an example: 

We may submit an offer with a limit for the appraisal gap. 

If the offer was $535,000 and the appraisal came out to $500,000, when removing the appraisal contingency, the buyer will have to bring $35,000 more to the closing table. 

Or you can limit this amount "up to" $10,000 as an example. 

Be sure to discuss in detail with your real estate agent when applying this strategy.

 

#3 Be Aggressive and Be The First Offer

If you’ve submitted several  offers on multiple properties and have no luck so far, consider becoming a little more aggressive by being the first offer...this could be  sometimes advantageous to you 

 

 Some sellers and their agent do not want a bunch of contracts to go work through. 

If your offer is clean, and you submit your highest and best offer immediately, you may convince the seller to accept your contract right away....while other agents are still coordinating the first showing. 

 

To be the first buyer, you’ll need an aggressive real estate agent to help you through the process. 

 

#4 Ask and You Should Receive

Ask your agent to connect directly with the listing agent and ask point-blank...

"What  would be the ideal terms that the seller(s) would like to see  inside an offer to buy their house?"

Maybe they need to stay for a couple of weeks after selling their home, so they can move with no major inconveniences...

Maybe they would like to see a bigger down payment, so they can feel secure with a stronger commitment from your part 

There are many reasons why sellers will accept an offer...all you have to do is just ask and listen… 

 

#5 Use An Experienced REALTOR®

The agent you choose will certainly have a direct effect on your success in buying a home.

It goes hand by hand, don't underestimate the experience, creativity and influence from the agent you decide to help you buy a home. 

 

"I’m available to discuss a plan of action, when you are ready"

 

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