Las Vegas Real Estate

Las Vegas Market Conditions

2008-06-11T07:57:00.000-07:00

As more and more frustrated homeowners turn to renting thier Las Vegas Homes we are seeing a greater inventory of rentals on the market. The ones who will be taking advantage of this will be the renters themselves. As the inventory increases, as explained on RealtyTimes, there will be more competition and incentives to get people into thier homes and that means lower rent prices. If you are considering a home to rent let us remind you also that there are a great deal of homes right now that are extremely affordable and you might just find something for the same amount that you could purchase a Las Vegas home. Contact your Las Vegas Real Estate Agents and ask them for some advice.

Las Vegas Homes Sales UP as Prices go DOWN

2008-06-10T08:19:00.000-07:00

According to CNNmoney.com pending sales are up but home prices are still heading south. This is not more prevelant then in the Las Vegas real estate market were 1800sqft homes are going for $120,000. Las Vegas real estate agents are busier now then they have been for years scrambling around searching for the next best deal. There are even indications of a "Floor" being hit. We will see if the prices can flatten out before we call over. Las Vegas Real Estate is much like the Stock Market. You never know when its going to turn the other way, you just know its going to and you just have to be the judge to determine when to start buying.

Why Do Lenders Accept Short Sales in Las Vegas

2008-06-03T23:04:00.000-07:00

In the Las Vegas real estate market right now we are seeing a great deal of short sales on the market. Short sales are different then foreclosures in Las Vegas. a Short sale is when a lender agrees to take a home that they have a loan on back that is actually less then what the loan amount is for. They would do this in hopes of actually saving money in the long run. Lenders have a great deal of fees and costs for taking a home on a short sale. They have to turn around and sell the home themselves. Ideally a lender would not take back a home however they will consider this option if they can see that by allowing the homeowner to go into foreclosure status it would actually cost them more then just taking it up front and turning around and selling it.
Doing a Short sale in Las Vegas is a complicated process for the average homeowner.

Fortunately there are qualified Las Vegas real estate agents that specialize in Short sales and Foreclosures that you can contact to help explain the process and give you the best options.

If you are looking to buy a foreclosure or short sale you too need to contact a Las Vegas real estate agent because there are processes and procedures that you need to be aware of as well.

New home sales rise unexpectedly in April

2008-05-29T21:42:00.000-07:00

"New home sales rise unexpectedly in April" is an article posted on MSNBC's website highlighting the silver lining in the housing market. Though housing prices in Las Vegas remain at an all time low there is great news on the horizon that home sales will get better. Though much of the nation is seeing the worst of this housing issue Las Vegas real estate is doing its best to prove that this market can turn around. Right now new homes in Las Vegas are lower then many of us have ever seen and is a great time to take advantage of all of the great deals and incentives. Contact your Las Vegas real estate agents and ask them which new home developements have the best offers right now. Take advantage of this buyers market!

What is Happening to the Las Vegas Luxury Condo Market?

2008-05-27T23:46:00.000-07:00

Statistically speaking the Las Vegas real estate market for Luxury Condos is all but diminished. Recently there was a report in the Las Vegas Review Journal about the Vegas Grand Condos searching out Las Vegas Realtors to market and sell the property for them. Unfortunately many who have placed their hopes on making it big in the high rise condo business in Las Vegas may be on the stall for a little while longer.

The good news for all of you Luxury seekers is that there are some phenomenal properties at even more impressive prices. If you ever wanted to be able to really afford luxury now is the time! If you want to find the absolute best deals on Luxury homes in Las Vegas give us, The Luxury Las Vegas Real Estate Agents, a call.

Foreclosure Frauds Abroad

2008-05-26T23:40:00.000-07:00

Nevada is one of the leading foreclosure markets in the world and when there are desperate people there are those there to take advantage. Las Vegas real estate foreclosures are primarily causing much of the real estate slump in Nevada which means that you must be most careful and aware of the frauds going on. Forbes.com uncovers some of the most recent frauds facing homeowners who are in default headed for foreclosure.

These frauds range from companies promising services to save you, getting a service fee upfront, and then disappearing, to even getting homeowners to turn over the title to their homes and then being evicted. The article wisely states that there are never any guarantees or miracle fixes to your situation. You are strongly advised to talk with your local Las Vegas real estate agents to get a real idea of what your options are. There are a great many things that you can do to save your home and lessen the trauma of the situation. Confide in a Realtor who you know will give you sound advice and explain the benefits of their services.

Get Educated! Read out activelrain

2008-05-23T08:27:00.000-07:00

One of the best things that you can do as a home buyer or sellers is to get educated. One of the greatest things about the internet is the freedom of information. Not only can we get information from the net but the real beauty is that we can also share information with others. Pay attention home buyers and sellers, ACTIVERAIN real estate network!

On Activerain you will find thousands of agents from Realtors in Las Vegas, NV to Realtors in New York, NY sharing thier success techniques, stratagies, opinions, and services. Not only will you find great real estate information by real estate agents on activerain you will also find just as many Mortgage Lenders, Interior Designers, Builders, and so on. The best thing of all is that this information is absolutely free! Come join one of the fastest growing real estate networks in the world.

Home Will Get Smaller and Prices Will Go UP!

2008-05-21T01:26:00.000-07:00

I just got through reading a great article on Realtytimes.com that all homebuyers should be aware of. If you've got a sweet deal on a Las Vegas home right now you had better make a jump on it right now. The future holds for Las Vegas less square footage in homes and higher construction costs. What does that mean?

After this excess inventory is absorbed in the next year new homes that are going to be built will be built smaller, due to increased construction costs, and the builders need to compete in the market. For the price of the size of home you can get now you will be lucky to get 3/4 of that in the coming years. With all of the other population and job growth projections I am sure you can see the need to call up your Las Vegas Realtor and get in the car now!

Selling Las Vegas Real Homes Fast!

2008-05-20T07:53:00.001-07:00

Now, more then ever you need to be competitive and aggressive in the sale of your Las Vegas house. With more and more competition popping up everyday you need to find a way to stand out in the crowd. Here are a few ideas to talk to your Las Vegas real estate agents about...

1. Offer Incentives - Home buyers in Las Vegas are looking for more then a "DEAL" they are looking for a "STEAL"! As a home seller you want to help the buyers feel that way. Offer to cover buyers closing costs. These costs can be as much as 2%-3% of the buyer’s loan amount. At the rate that home prices are declining that $6,000-$10,000 could be considered an investment as it will save you more money in the long run.

2. Pay Loan Points - Not only is getting into a home at a great price attractive to buyers but doing so on a great loan is very enticing. Instead of paying for someone’s closing costs, offer to pay that money towards the buyers loan to help bring down their rate. Better yet, offer any buyer a 5% loan. You can decide ahead of time with your own preapproved lender and Las Vegas Realtor what the costs are going to be and advertise this to homeowners. That will generate some serious buyers.

3. Home Warranty - Having a home warranty is pretty common in a Las Vegas real estate transaction. We just want to remind you of the importance of providing your buyers with that kind of security.

4. No Gimmicks - Get away from offering cars, T.V.'s, vacations, or anything else that breaths gimmicks. People in Las Vegas that are home shopping are doing just that, shopping for a home. Help them get into YOUR home with incentives that benefit that transaction. Instead of spending money on that T.V. how bout doing a little crown molding or a couple hundred dollars of landscaping to increase the curb appeal.

Selling Las Vegas homes is really an art. Your Las Vegas Realtor will have some great ideas as to what can help you. If you would like to see a video about tips that can help you, check out "Top Tips: Selling your home" on CNNmoney.com

Las Vegas Real Estate Buyers Don't Get Caught!

2008-05-14T23:45:00.000-07:00

Don't get caught doing what you may ask! Unaware nearly 40% of homebuyers are driving prices higher according to an MSNBC report, "No-money-down mortgages are still happening". Many cash poor homebuyers are still buying homes with no money down. How do the do that you may ask? Well, it is very simple you see; sellers are now paying the cost of homebuyer’s down payment and the lenders are still letting it happen. This is no different then the no-money-down mortgages that buyers were getting themselves into before that has brought on this onslaught of foreclosures we see today.\

We must brake the cycle and be responsible buyers and Las Vegas Real Estate Agents. Talk to your Las Vegas Realtor and make sure that you are really qualified to get into a home. This is one of, if not, the largest investment you will ever make in your life. We can help you get into the right Las Vegas home for you and your pocket book.

Las Vegas 1 of 10 Top Outdoor Cities

2008-05-12T21:49:00.000-07:00

Forbes announced the Top Outdoor Cities in the United States and our Las Vegas ranked number 8. It's hard to argue this point considering over 350 days of sunlight and numerous activities for all ages and sizes.

Part of the joy of being a Las Vegas real estate agent is the opportunity we have to gloat about the wonderful city and its surrounding amenities that really add to the value of Las Vegas real estate. Due to Las Vegas' location residents are only a few hours away from any activity imaginable. There is a reason that millions of people travel from all of the world to visit Las Vegas and it's not just for the gambling. Come check out Las Vegas for yourself and, HEY! Stay for a while!

Home Sales in Las Vegas Increase

2008-05-10T06:53:00.000-07:00

We have some great news to report about the Las Vegas Real Estate Market! The BUYERS ARE OUT! THE BUYERS ARE OUT! For the fourth consecutive month home sales in Las Vegas are up. This time about 20%-30%. The even better news is that home prices are continuing to drop.

With the glut of foreclosures and desperate sellers, buyers now have a smorgasbord of homes to choose from at very affordable prices. Now is not the time to diddle around if you are a buyer. Several Las Vegas Real Estate Agents and their buyers have missed out on great deals because of hesitation or extremely low "Lowball offers". Believe it or not, there are bidding wars going on right now on many homes in Las Vegas.

Foreclosures will most likely continue to happen at a steady rate through '09 meaning that Las Vegas right now is the place to buy. As for those who wish to sell their Las Vegas homes that are not going into foreclosure... Either talk to a property management company or let a Las Vegas Real Estate Agent help you determine what the best price and strategy would be for you and yours.

Auctoning: The Latest Las Vegas Real Estate Trend

2008-05-08T07:55:00.000-07:00

Have you considered selling your Las Vegas Home on the Auction? Imagine! 20, 30, 40 people stampeding through your home clamoring over each other in a bidding war. All this for the same home that has sat on the market for the past 6mo with only two visitors, you and your agent. What changed?

Las Vegas Real Estate Auctions have convincingly proven effective time and time again. Do you remember the mass auctions that were held at the end of last year at the Sun Coast Casino in Summerlin Las Vegas, where they sold hundreds of homes in an afternoon on the auction block? This happens in thousands of living rooms, just like yours, every day.

Great news for you! With Hildreth Barnhill Las Vegas Real Estate Agents our Las Vegas Realtors have the experience, connections, and willingness to sell your home! There are a great deal of factors to having a successful auction: marketing, strategizing for the greatest crowds, staging, gathering, and of course running the auction. Let us know if you would like us to help you get your home sold.

Buying Real Estate in Las Vegas for the First Time

2008-05-07T08:16:00.000-07:00

Who doesn't love to window shop, especially on the Las Vegas Strip? Have you ever gone down to the Wynn Hotel and checked out their jewelry selection? The 32carrot diamonds are absolutely amazing to look at as they sparkle back at you while encased in the finest metals of the world. Even more amazing is the price tag on much of this Bling-Bling! But that's window shopping for you. Eventually we all come back to earth and settle in to reality.

This blog is to catch the attention of the all you first time real estate buyers here in Las Vegas. Right now Las Vegas real estate is one of the hardest hit cities in the nation for foreclosures. There is one fundamental reason why this is the case, unwise extension of our families finances. In layman’s terms, "Spending more on a house then what we can afford!" I found an article on Yahoo! Real Estate that gives great advice on how to manage your debt to income ratios. You know; the amount of debt you have compared to your bring home income.

Without meeting with a Las Vegas Real Estate Agent to discuss what cost are involved in a home purchase and ownership many first time buyers get blindsided by reality. It's oft times like walking out of the Wynn Hotel and realizing that there are homeless people right there on the street in front of it. Don't let this happen to you. Visit Las Vegas Real Estate Agents and this article "How Much Can You Afford?" to get a head start on this journey.

Las Vegas home ownership is a great feeling and privilege and you can do it, we just want to make sure that you don't end up like the other millions of families in the nation without home. Apply these same financial principles throughout your life and you will experience a great deal of success!

The Catch 22 of Selling Las Vegas Real Estate

2008-05-06T07:56:00.000-07:00

Many of our Las Vegas real estate sellers are in quite a conundrum these days. As explained in this article So Many Homes, So Few Buyers, real estate sellers are finding it very difficult to get out of their homes right now because there is such a glut of foreclosures on the market that are oft time less expensive then the home that the person wants to sell.

This leaves Las Vegas Homeowners in a very sticky situation. It almost requires real estate owners to hold on to property longer then they wish, knowing that if they were to sell now they would have a very difficult and even impossible time trying to afford selling.

Fortunately for homeowners there are Las Vegas real estate agents that are very keen on the market in Las Vegas. They have resources to help you find out if you can get your home sold for a price that will benefit you and your family. Maybe selling isn't the answer for you right now. There is a very strong rental market in Las Vegas right with rents on the rise. Explore these options with your Realtor to determine which of these works best for you.

Lower Mortgage Rates Sure to Help Las Vegas Real Estate Market

2008-05-05T07:17:00.000-07:00

According to CNNMoney.com mortgage rates continue to drop. With the Las Vegas real estate feeling the "Heat" of record foreclosures this is bound to help the market find a little hidration. For a 30yr loan mortgage rates currently average 6.03%.

For those of you looking to take advantage of these historically low mortgage rates now is a great time to contact a Las Vegas Realtor. Las Vegas Realtors have great resources to help you take advantage of the skyrocketing foreclosures in Las Vegas.

Is Your Las Vegas Home Priced Correctly?

2008-04-14T08:22:00.000-07:00

The market will determine how much your house will sell for. Your emotion and what you think your home is worth don't necessarily equate to the selling price. What is your Las Vegas real estate agent doing to show you the evidence of what the home is worth? Work with your realtor to set a realistic price. They should remain objective as they compare homes in the area to yours. The Hildreth Barnhill Team of Professional Las Vegas Real Estate Agents understand the current market for your area and will help you adjust the terms based on whether it is a buyer's or seller's market.

Get the Best Value for Your Las Vegas Home - Use a Las Vegas Realtor

2008-04-10T07:58:00.000-07:00

It is critical that you set your Las Vegas home's price correctly. Most buyer activity occurs during the first 4 to 8 weeks that a home is on the market. The last thing you want is for your overpriced home to grow stale on the market. You may have to sell it for even less than if you would have priced it correctly in the first place.Las Vegas real estate agents compete for the right to help you sell your property. Many of them will over promise and under deliver. They will promise you whatever price you want to hear so they can get the listing and then they will convince you later once you are under contract that it is too high when no one has seen the property. Many homes will finally sell for less than what the seller is lead to believe.The Hildreth Barnhill Team Real Estate Team is clear and upfront when setting expectation and listing prices.

Another factor regarding your Las Vegas homes sale is the amount of exposure it gets. Executing an effective marketing plan will put the house in front of as many people as are needed to get it sold quickly and for the highest possible price. The proper plan will help you avoid committing to a lowball offer.Your Las Vegas Realtor will be key in helping your determine the right price and the right marketing strategy. We will set realistic expectations and work with you to achieve your goals.

Choosing a Las Vegas Real Estate Agent
Interview your Las Vegas real estate agents before you hire them on. Ask them about past sales, their marketing plan, and their background. Use an agent that comes highly referred if possible.

Las Vegas Home Selling Tips

2008-04-09T08:02:00.001-07:00

Your Las Vegas home may likely be your largest, most valuable asset. You decision to sell it is a big step. These tips will help you know what you must do to prepare for the sale. As you begin the home-selling process seek for ways to protect yourself, save money, reduce stress, and stay in control of your situation.

1.Understand Why You Are Selling Your Las Vegas Home
Determine what is motivating your home sale because it will affect the marketing plan and schedule as well as decisions down the line in the negotiation. A quick sale will usually not net quite as much money while a high yielding sale will provide higher profit but take more time.

2.Don't Reveal Your Hand
Don't show all your cards when you are negotiating. If you reveal your motives you may lose at some step of the deal making process. Remain objective and show only the cards you need.

3.Do Your Research Before You Establish a Price
It is key that your real estate agent do the correct analysis on your Las Vegas property to establish the right price. Your listing price is likely the highest someone will pay you for your home. You have adjusted for costs and understand what you net amount will be. If you have done the homework correctly you will know what you can negotiate based on true market value.

4.Visit Homes for Sale in Las Vegas
Ask your Las Vegas real estate agent to take you to some of the comparable homes in the area. Get a good feel for what is selling and for what price.

5.Consider a Las Vegas Appraisal
If you are confident you can get a good appraisal from someone before the sale you may consider it. It will cost you money and it may not be reusable for the buyer's loan but you will have a good idea of what your house will appraise for and you can adjust your price accordingly.

6.Using Tax Assessments
A number of factors go into determining your Las Vegas property taxes. The assessed value is not necessarily a representation of current market value.

7.Choosing a Las Vegas Real Estate Agent
Not all real estate agents are the same. Good ones often come highly referred and have considerable experience in the field. Interview them and ensure their marketing plan is tailored to getting you the highest possible price in the quickest amount of time.

8.Leave Room to Negotiate
Your asking price should have a little wiggle room. While you need to get the best price you need to stay competitive and when the negotiations are on the table you won't want to give up a great opportunity because you are too firm on the price. Set the initial price such that you know you can move a bit if needed.

9.Invite Opinions
Your point of view is important. When selling your Las Vegas home the point of view of the buyer is the key. Request the opinion of others. Have them view your home and provide feedback on selling features or items that deter potential buyers.

10.Clean Everything
A Las Vegas buyer wants to do as little work as possible when they move in. They want to feel their new home is clean and sanitary. Be diligent in cleaning all aspects of the house. Hire help if necessary to get the job done well. You don't want to send any message that the home isn't fit and clean.

11.Manage Smells and Odors
You may not realize but odd smells like traces of food, pets and smoking odors can kill deals quickly. If prospective buyers know you have a dog, or that you smoke, they'll start being aware of odors and seeing stains that may not even exist. Don't leave any clues.

12.Great Curb Appeal Makes a Huge Difference
Homes are sold emotionally. People buy when they feel the home suits them and first impressions make a huge difference. Do the necessary to set the stage.

13.Catering to the Las Vegas Buyer's Imagination
Buyers are like artists. They want to begin with their own blank canvass and they want to paint their own home. Keep the decor simple and friendly. Allow for their imaginations to place them in the home. Take care that religious items and family pictures are not the focus of any one room. Use soothing, neutral, and brighter colors.

14.Disclose Everything
Smart Las Vegas sellers are proactive in disclosing all known defects to their buyers in writing. This can reduce liability and prevent lawsuits later on.

15.Manage Your Emotions
The Las Vegas home will sell itself. Do not let you emotions drive you during the sale. Manage it like a business and handle it objectively. Don't take low offers personally. They will likely come. Some people make it their job to submit low offers on many homes. They will eventually get a few. If you are not ultra motivated then simple reject these offers. If you feel there may be some true negotiation then counter the offer such that it turns the tables.

16.Understand Your Las Vegas Buyer
The more you can find out about your buyer the better off you are at the time of negotiations. You want to see as many of their cards as possible to understand their motives. The timeliness of the close, the amount of money down, their qualifications all make a difference. If the buyer is simply not qualified move on to the next buyer. Don't play Russian Roulette with your home.

17.Protect Yourself with a Complete Contract
Spell out everything. Avoid problems and minimize liability by taking proper care of your contract. It will have many items you will need to review. Once you are in contract stick to it. Stay on target of getting the escrow to close.

Las Vegas Home Selling Tips

2008-04-09T08:02:00.000-07:00

Las Vegas Home Seller's Cost

2008-04-08T22:45:00.000-07:00

The following list will give you an idea of what items are typically included in closing costs (not the specific amounts, as fees can vary). The Hildreth Barnhill Team of Las Vegas Realtors will negotiate for you who will pay what BEFORE you sign a purchase contract. Nothing is standard and most everything is negotiable in the sell of a Las Vegas Home. Once you have signed, you have agreed. The instructions cannot be changed unless mutually agreed by all parties, again in writing! Upon closing, make sure each service was actually performed and completed to your satisfaction. This includes everything from pest inspections, attorney fees, etc. Should you have any disagreement on closing costs, don't sign estimated closing statements until you are satisfied that all fees are valid and correctly calculated.

1.Commission - When a Las Vegas home is listed or sold by a Las Vegas real estate agent, there will be a commission to pay. Always make sure it is calculated correctly (usually 3-7%) on the closing statement.

2.Taxes - The Las Vegas home seller is required to pay the property taxes through the last day of ownership. It will be prorated in escrow.

3.Las Vegas Home owner's Insurance - Normally the buyer gets a new homeowner's policy (fire/hazard insurance). Sometimes the lender requires the first year's insurance premium be paid at close of escrow.

4.Assessments and Liens - Liens or assessments against individuals and/or the property need to be paid off before the close of escrow. This could be a back tax lien or judgment. Always make sure to double-check the figures so that these are not overpaid.

5.Escrow and Title Insurance - The seller or the buyer can pay the title insurance fee that is referred to as the "Owner's Policy" covering the new owner's interest and "title" to his new property. The buyer typically pays for his "Lender's Policy" that will cover his new lender's interest in the "title" to the property. The base escrow fee is negotiable, but typically split between the buyer and the seller (except VA Loans).

6.Inspection Fees/Other - There are several types of inspection and miscellaneous fees. Carefully check all charges on your closing statement. Make sure the service was provided before you agree to pay for it. Make sure the charges are fair and not excessive.

Pest Inspection
Pest Correction Costs
Deed Recording Charges
Loan Fees
Home Warranty
Attorney's Fees
Document Preparation Fees
Tax Service Fees (if giving 2nd mortgage)
Other

We want to ensure that when you sell your Las Vegas home that you have a very clear understanding of the process and most importantly the costs. As mentioned above, just about every thing is negotiable. This may either work for you or against you depending on the market conditions. By using the professional services of Las Vegas Realtors like The Hildreth Barnhill Team you can be assured that you will get the most money from the sell of your Las Vegas home.

The Las Vegas Home Selling Schedule

2008-04-04T07:44:00.000-07:00

You can help your Las Vegas real estate agent and escrow officer bring the sale of your Las Vegas home to a successful conclusion by acting promptly to answer any requests for information and by following these helpful hints:

After accepting an offer to purchase your home, Completely fill out and sign all paperwork sent to you from your escrow officer as quickly as possible. There also may be other real estate disclosures that need to be signed as well. Make sure you have in order all pertinent information about your Las Vegas home (i.e. receipts for repairs, any warranties on the home, any permits for additions, etc...).The buyer wil be putting thier insurancein order whivh is required before the lender will fund their loan on a new home as well as providing all of the important information to their lenders.

Discuss them with your tax attorney or CPA the tax ramifications for selling your home. This is an important choice that catches many sellers by surprise. Be prepared so that you may make the best decision when it comes to the proceeds of the sell. During the course of your escrow, you may have questions or concerns. It helps to know who to call! In general, you may:Call the buyers lender if you have questions about the quality of thier loan (rates, terms, costs, time frames, etc)Call us your Las Vegas real estate agent if you have questions about the sale of your Las Vegas home or the propertyCall your escrow officer if you have questions about the escrow process. Be sure to bring your valid photo ID with you to the document signing appointment. You (and anyone signing with you) should bring a current driver's license, passport or valid state-issued ID card. Please keep in mind that your escrow officer is a neutral third party who follows mutual instructions from the parties to the transaction. Your escrow officer cannot give you advice, and you are encouraged to seek the advice of your tax attorney, Realtor, or legal counsel if necessary. This is only part of the process for selling your Las Vegas home. There are several other aspects to the actual selling process, thus the need for professional Las Vegas Realtor advice.

Contact The Hildreth Barnhill Real Estate Agent Team to help you make the right decisions when it comes to selling your Las Vegas Home.

There are several key factors in selling a Las Vegas home in a timely manner. Your Las Vegas Realtor will help you determine the value of your Las Vegas home based on location, comparables, condition, etc. When all is said and done it will be price that determines whether the home sells or not. The price of other homes that have sold in your area will help you determine what price your home will sell for. If you need a quick sale, price your home under the current market value of homes in your area. If you don't care if the home takes a few months then you can price it a bit higher.

Be careful that your home doesn't age too much on the Las Vegas real estate market. Other Las Vegas real estate agents can see how long your house has been on the market and red flags may come up when they consider showing the house because they may think something is wrong with the house and for what reason it has remained on the market so long.

Sold Period Percentage of Homes
1 Month 40%
2 Months 7%
3 Months 7%
4 Months 20%
5 Months 10%
6 Months 7%
7 Months 9%

If your property isn't sold within 30 days, a price adjustment should be made!Statistics are based on National average of homes sold.

If you are looking to sell your home in the Las Vegas valley give us a call or drop us a message. We will help you determine the price of your Las Vegas home. In the end the decision is yours but we can give you some pointers and guidelines to make sure the price is in the right range.

Las Vegas House Appraisals vs. Comparative Market Analysis (CMA)

2008-04-03T19:56:00.000-07:00

Surprisingly enough there is a difference between an appraisal and a CMA in Las Vegas. A CMA is a Las Vegas Realtors professional opinion of the current market value of a Las Vegas house. The numbers should be based off of comparable homes in an area as nice or nicer, similar type homes (i.e. single story or two stories. Single story homes are generally valued at a higher price), condition of the home, current market conditions as well as perceived future market, etc. We say etcetera for a reason; there is a whole process to finding the appropriate listing price for your home. Our objective is to find a price that will get your home sold the quickest while still maintaining the equity that you deserve as a Las Vegas homeowner.

An appraisal is done by either a bank or a third party individual whom a homeowner has requested. The Appraisers generally follow the same process as due real estate agents in Las Vegas however; when the market is a little shaky they are typically very conservative in their appraisal. Banks and mortgage lenders use appraisers to determine whether or not the home's value is congruent with today's market. This is to help the banks and lenders feel secure in lending the monies requested by the homebuyer.

How Las Vegas Realtors Can Help
When looking to sell your Las Vegas house it is very important to price your home correctly. Typically a home will get the majority of its showings in the first month. The last thing you want to do as a home seller is chase the market, get ahead and do it for the most money possible. A major role in pricing your home correctly is the understanding of a typical Las Vegas house shopper. A free bit of advice to all home sellers in Las Vegas: Be in the Top 10 of your competition! The closer you are to #1 the quicker you sell.

The last thing that you want to happen is to find a buyer and then have the banks appraisal come back short. This happens all too often with most Las Vegas real estate agents who do not have the experience or know how to located your competition and advise you on how to be in the Top 10. Appraisals come up short for even the best at times and this is when you want a Las Vegas Realtor to show what they are made of. Las Vegas Realtors can make a huge difference in helping an appraiser understand the value of home. Pricing a home is not an exact science and oft times an appraisers opinion can be changed by the right Las Vegas Realtor.

To find out how to get your Las Vegas home in the Top 10 contact The Hildreth Barnhill Real Estate Team.

Las Vegas Real Estate Prices

2008-04-02T07:20:00.000-07:00

Keeping track of the price of real estate in Las Vegas is truly a full time job. Even as Las Vegas Realtors, pin pointing the correct value of a home is quite the process. Prices of homes vary from neighborhood to neighborhood and from one side of the city to another. Las Vegas home prices have seen both the peaks and lows of appreciation. Real Estate traditionally is very much a roller coaster and can vary dramatically from month to month. Las Vegas, however is a little more secure in its home values due to its amazing growth and job potential.

Getting Started - Las Vegas Home Inspections

2008-04-01T21:15:00.000-07:00

Las Vegas home buyers are usually very cautious shoppers. They will be investing a lot of money in a Las Vegas real estate and don't want to move in to a lemon house with a lot of problems. Most home purchasers will hire a professional inspector to come in and identify trouble spots before the due diligence period is up. Inspectors may flag many different things. There are 50+ physical home problems that are scrutinized during a home inspection. 10 of these things are most common and major. Double check these items ahead of the inspection and have them repaired to pass the inspection before they are flagged.

1.Damaged Roof
Water leakage through the roof can occur for a variety of reasons such as physical deterioration of the asphalt shingles (e.g. curling or splitting), or mechanical damage from a wind storm. When gutters leak and downspouts allow water to run down and through the exterior walls, this external problem becomes a major internal one.

2.Structural Problems
Walls, ceilings, and floors that bow, crack, or dip indicate structural stress. A foundation may have settled or may still be settling. Wet wood may have been used to build the house. Any number of issues may indicate stress and an inspector will recommend that a professional engineer or contractor review the structure for safety factors.

3.Defective Plumbing
Defective plumbing is identified in two ways: leaking, and clogging. Leaks are detected either visually or with a damp rag. Clogging is determined using pressure tests by turning on all faucets in the highest bathroom and then flushing the toilet. If you hear the sound of running water, it indicates that the pipes are undersized. Dirty water running from a faucet indicates the pipes may be rusted, resulting in potential severe water quality problems.

4.Inadequate Wiring and Electrical
Your home should have a minimum of 100 amps service, and this should be clearly marked. Wire should be copper or aluminum. Home inspectors will look at octopus plugs as indicative of inadequate circuits and a potential fire hazard. A fire hazard is created when more amperage is drawn on the circuit than was intended. 15 amp circuits are the most common in a typical Las Vegas house, with larger service for large appliances such as stoves and dryers. It can cost several hundred dollars to replace your fuse panel with a circuit panel.

5.Antiquated Heating and Cooling Systems
Insufficient insulation, and an inadequate or a poorly functioning heating system, are the most common causes of poor heating. While an adequately clean furnace, without rust on the heat exchanger, usually has life left in it, an inspector will be asking and checking to see if your furnace is over its typical life span of 15-25 yrs. For a forced air gas system, a heat exchanger will come under particular scrutiny since one that is cracked can emit deadly carbon monoxide into the home. These heat exchangers must be replaced if damaged - they cannot be repaired.

6.Foundation Issues
An inspector will certainly investigate the underlying footing and foundation of your home as structural integrity is fundamental to your home. He/she will check for cracks, chips, and signs of water entry.

7.Aged Water Heater
A water heater can go out at any time depending on how it has been maintained. If it begins to leak it can cause quite a mess. An inspector will indicate if there are any immediate visual issues and will raise a flag if it is too old.

8.Masonry Work
Re-bricking can be costly, but, left unattended, these repairs can cause problems with water and moisture penetration into the home which in turn could lead to a chimney being clogged by fallen bricks or even a chimney which falls onto the roof. It can be costly to rebuild a chimney or to have it repainted.

9.Dry-rotted wood
This can occur in many places (door or window frames, trim, siding, decks and fences). The building inspector will sometimes probe the wood to see if this is present - especially when wood has been freshly painted.

10.Pest Infestation
Termites and other pests may scare off many buyers. Inspectors will notice if there are any visible signs. They will not be able to see within the wood but any weak wood or other common signs will raise flags concerning the whole house regardless if the issue is localized or not.Other issues are also important. We can point out things that will help you prep your Las Vegas homes for sale. You will need some time before you begin to market your home to make repairs. Contact us in advance so we can help you identify issues, refer repairmen, outline a schedule, and get your home marketed for what it is worth.

Las Vegas Home Seller Q&A

2008-03-31T18:51:00.000-07:00

As you prepare to sell your Las Vegas home many questions arise. We hope to address some of the questions we have been asked by clients to help you get started. If you find there are questions you have in addition to the ones we present please feel free to contact you real estate agent.

What is Escrow?
Escrow is a 3rd party who is loyal to a real estate transaction. They aren't necessarily interested in either party, but instead their instructions are the contract that has been agreed upon by all parties. In a simple view, a buyer brings the money and the seller brings the house. There is more to it but in the end both parties sign off and the escrow company, which is usually the title company in Las Vegas, takes the documents down to the courthouse to file them. Once they have been filed the transaction is complete.

How do I price my home correctly?
The primary way to price a home is to take the home sales (not current listings) from the recent past. Their sale amount (again, not listing amount) is the comparable to be used. Real estate agents have tools with most of the sales in an area. They can narrow down the criteria until they home is priced correctly. The type of market a home is in makes a big difference. If there is a great deal of listings on the market it will affect the pricing. If few homes are for sale and demand is high the pricing will fluxuate. The best way to price a home is to find a competent Las Vegas real estate agent to aid you.

What do I do to market my home?
The type of market a seller is in makes a lot of difference in how it is marketed. A seller can spend hundreds or thousands of dollars on marketing. If they're not astute at what is needed for the specific market and if they don't have ties to the right networking group a lot of time and energy can be spent finding a buyer. You can use yard signs, newspaper ads, flyers, internet websites, MLS tools, etc. Really, the best way to sell a home is to hire a Realtor and make use of their expertise.

What paperwork is involved?
There are key documents that need to be signed and filled out correctly to sell a home. From tax forms to purchase agreements to seller's real property disclosures, there are many documents to be aware of and sign. A title company helps a great deal once the home is under contract but up until that point a Las Vegas Realtor really is the best resource for protecting your assets and time.

How can I maximize the price?
A home will sell for what a buyer will pay for it. Appearance and location are the most critical aspects to getting top dollar. If a home is overpriced no one will want it and it will sit. So, finding out the true value of a home is the first step to setting the price. Next, the seller must have a strategy to manage price adjustments as long as the home is on the market.

Is it stressful?
For some, selling a home is a very emotional process. They see it as the sale of memories and other intangible value. Really, a buyer will see the house as a house. Sellers allow their emotions to grow during the process. Packing, negotiating, moving, managing people, etc. can add up. It is a great benefit for a seller to use an agent to manage and diminish that stress.

How much do Las Vegas real estate agents charge?
There is no set amount. There are averages but some agents are better than others and in the end will get more money for a home. They are certainly worth more than an agent without the appropriate skills. A listing contract is an agreement with a brokerage, not the agent himself. The broker may have a required amount the agent must charge in order to maintain a healthy business. Often the amount that is charged is split on a "co-op" with another broker if the other broker represents the buyer. If the listing broker represents both sides they will retain the whole amount because of the increased amount of work.

How do I qualify a Las Vegas real estate agent?
Hold an interview. Ask questions about marketing efforts and practices. Ask about previous experience. Contact one of their previous clients if possible.

Is it the best time to sell?
A number of factors determine when it is best to sell a home. Different markets provide more or less for a home. Understand the market if you have time before you must sell. Find out if the market seems to be peaked, growing, or shrinking. Ask an agent to help you.

How do I qualify a buyer?
Talk to the lender a buyer is going to use. Interview them and find out their intentions. Ask them what their financial situation is like. There are great questions an agent will ask each buyer so you don't go under contract with a buyer who is not qualified only to waste time. Agents want your home to sell just as you do.

Preparing a Las Vegas Home for Sale

2008-03-27T20:25:00.000-07:00

There are important steps that must take place before you sell your Las Vegas home. There is a good chance that if you have ever sold your home before or are thinking of doing so you will remember these key home selling concepts.

Not Prepared - Do you have your plan of escape? For instance, do you know what all of the cost are going to be to move from this Las Vegas house to your next (movers, moving truck, gas, etc...) You need to make sure that the timing of the sale of the house you are in now syncs with the purchase of your new home. Are the closing dates going to match appropriately.

It is very important to pay attention to what is happening in the market and to listen to the advice of your real estate agent when it comes to the pricing and the timing for selling your home. If the market is declining and the house prices are dropping don't try to list your home at the top of the price scale or even in the middle. You could loose thousands of dollars by tying to hold out. Let the Market tell you what your house is worth not the other way around. If the market is climbing it may call for you to buy another home before selling yours. You Don't want the prices to continue rising on the home you are about to purchase and you Do want to let you home value increase. Again, take into serious consideration the counsel of your Las Vegas Realtor®.

Disclose, Disclose, Disclose - Covering up problems will not fix them. Las Vegas has some very strict rules about not disclosing certain problems that are either current or past. Disclosing such material facts as leaks (water, gas, any...), flood zoned homes, whether your home has Lead Based Paint, and on and on. Consult your Las Vegas real estate agent for a list of necessary property disclosures. Failing to disclose known material facts can and will probably turn into a law suite against you and Nevada has very stiff penalties for non-disclosure in a real estate transaction.

Mr. Handy Man - Before you get the next urge to do a little or a lot of home improvement, take a second to read this next part. All to often we see homes that don't conform to the Las Vegas neighborhood that they are in. This occurs with add-ons, upgrades, and other improvements that make the home stick-out awkwardly instead of being a nice addition to the neighborhood. Another aspect to keep in mind is that you will not always recoup the money spent to make the adjustments.

Hey Buyer, Buyer, Buyer - Pricing is extremely crucial in the sale of a Las Vegas home. It is about 80% of the determining factor. As mentioned above, don't assume to tell the market what your house is worth. Las Vegas has had an interesting turn of events for the past several years. Pay attention and watch what is going on in the market in your neighborhood, this will give you a good start to understanding the direction of the market. It is not a good idea to base the price of the home off of what you want to net. This will leave you with a great deal of disappointment in most cases. We would all like to net the most possible but, don't set yourself up for failure and lost net proceeds by over pricing.

I Won't Get Emotional - If you have been involved with what we have just talked about in the article above then you are probably going to be guilty of this as well. Don't get emotional! I know that this is easier said that done. We have all put a lot of time, effort, and money into our homes not to mention all of the wonderful and very valuable memories that we have created there. We need to look at our homes as an investment and an asset. Therefore we should price it, market it, and prepare it as such. There are plenty of homes here in Las Vegas that you can put your time, money, and efforts into. Las Vegas is also a great place to create memories.

The Order of Importance - Here is what is most important to a Las Vegas buyer in order of 1-4:

1.Price - Like I said, 80% of the decision. The right price can help a lot of people get over what fault they may possibly find with your home.
2.Location - This is almost always number two on the list. There is very little you can do to persuade people to buy your home if they are not interested in that area.
3.Condition - Unless someone is looking to make a steal most people are looking for a home that has been nicely taken care of and in good condition.
4.Terms - No matter what condition your house is or is not in the terms of the agreement carry significant weight.

Idol Time - Talk to your Las Vegas Realtor® about the appropriate time to put your home on the market. Your real estate agent should recommend that all improvements be done before putting your home up for sale. Homeowners have a tendency to wait till the last minute to make the necessary improvements. Don't let yourself get pushed up to a deadline. Houses in Las Vegas usually get their greatest exposure in the first two weeks of being on the market. It can cost you far beyond the cost of the repairs that have to be made anyway by not having them done before you put it up for sale. It's tough for a buyer to picture their furniture in the living room when there is an air compressor sitting in the middle of it. Remember... First Impression.

We strive hard as professional Las Vegas Real Estate Agents to inform our clients of potential down falls. We want everyone to have a good experience when selling their home. It's a big deal and you need someone who knows what they are doing. We are always available to give you some advice and help with the sale of your Las Vegas Home.

Moving To Another Home in Las Vegas?

2008-03-26T07:42:00.000-07:00

You are looking to sell your current Las Vegas home and move to another in the Valley? We are glad to keep you. Selling a home and then turning right around to buy another one in the same city is sometimes a tricky process and one you will probably want some advice on. Everyone's situation is a little different and we know this because we work with our clients often on this very decision. Take a look at a few of the articles on our website that address making this decision. Please don't hesitate to contact us about helping you make this very important decision of selling a Las Vegas house while buying another house in Las Vegas.

Las Vegas Real Estate - Breaking the Mold!

2008-03-25T08:06:00.000-07:00

This morning there was some encouraging national news about the real estate market that has been heard world wide. Global markets have responded favorably to the better then expected U.S. housing inventory report. The past 6 months have been on a downward spiral for housing prices and an upward climb for housing inventory. the prices are still expected to go down however the inventory has stopped dropping, for now.

What does this mean for Las Vegas real estate?
Last week I spoke with a good friend of mine over at Noble Title and he reported the very encouraging news that real estate transactions are actually closing now. For months the only thing that was closing for them were re-fi's.

The other encouraging news to report is that traffic on our websites http://www.hildrethbarnhill.com/ & http://www.hildrethhome.com/ have increased considerably this last month. It's strange but over the past several months our web traffic has been down dramatically compared to our averages, so we are very happy to see that more people are actually looking at Las Vegas real estate again. Let's hope that this continues and hopefully this was some encouragement to my fellow Las Vegas Realtors.

Moving out of Las Vegas, Nevada

2008-03-21T07:25:00.000-07:00

Las Vegas is home to nearly 2million people and has over 750,000 households. If you are one of these 2million + citizens then you are already aware of the tremendous growth Las Vegas has experienced. For some this may be the reason why you are moving away while others are moving closer to family or work. We want to be the first to say "Thank You" for your contribution to the great city of Las Vegas and you will be missed by many of the community. Now that you have made your decision to relocate and sell your Las Vegas home it is important that you start putting your home selling team together. There are several articles on this website that will help you get the process started however, in order for you to complete the process we hope you will contact The Hildreth Barnhill Team the Premier Las Vegas Home Selling Specialists.

Selling a Las Vegas House From Out Of Town

2008-03-19T19:56:00.000-07:00

Often an out of state individual will have a need to sell either their second home or an investment home. This is not an uncommon request for our Las Vegas Real Estate team to receive from our Internet viewers. The two things that we have found to be most important to our out of state clients when selling Las Vegas real estate is communication and going the extra mile. We understand how difficult it is when you have high hopes and anticipation and no one is in touch with you so much as to say "I'm still here. Are you?" The other need that our out of state clients express is the need of someone who will go the extra mile to ensure their Las Vegas home is still safe and that there are no problems (i.e. sprinkler issues, vandalism, air conditioning, general maintenance, etc...). When there are problems, we understand that you need someone to take care of them for you. The Hildreth Barnhill Real Estate Team understands your needs and we make a commitment to meeting them. We will go the extra mile and stay in touch with you weekly to ensure you know everything we do as well as ensure the successful sell of your home in Las Vegas. Take a minute or more to view other home selling articles on our website.

Selling Las Vegas Real Estate

2008-03-18T07:23:00.000-07:00

There are three main reasons why someone would sell a Las Vegas real estate:

You live out of state and have a house here in Las Vegas that you want to sell.
You are moving out of Las Vegas.
You are moving to another home in Las Vegas.

Owning real estate in Las Vegas is truly a great privilege and one that you have worked hard for. The selling process can be pretty daunting and it is important to put your home selling team together from the start. While visiting our website http://www.hildrethbarnhill.com/ make sure you get a chance to read the articles on selling your Las Vegas house.

The Value of a Las Vegas "Resale" Home

2008-03-17T20:59:00.000-07:00

Just like time the traditional style and features of the older homes have passed. The more traditional style of these houses provides a certain type of character that many enjoy. In Las Vegas there are many resale homes to choose from. Here is a list of advantages of a "resale" house.

Larger lots
Typically in a more central and convenient location to Las Vegas's down town area
Compared to a Las Vegas new home you will get more for your money
Upgraded features, such as landscaping, crown molding, built-in's, and etc. often come in these resale houses
Opportunities to expand and remodel to your specification
Home Owners are not usually required to pay SID's and LID's (special improvement and land improvement districts)
More traditional layouts
More negotiating room when it comes to purchase price
No home owners associations
The growth in the Las Vegas Valley over the recent years has provided an abundance of new and resale homes. Both of which, have its very distinct and different advantages to choose from. It is important to know what your families needs are. With this in mind, you are sure to find a home that will make you very happy. Discuss with your Las Vegas Realtor® the advantages and disadvantages of owning a new or used home. If you would like to discuss these advantages or disadvantages further contact The Hildreth Barnhill Team, Premier Las Vegas Realtors.

The Value of a Las Vegas New Home

2008-03-15T17:55:00.000-07:00

"I want to be the first to live in this house. I want it to be mine," is a statement we often hear from clients who prefer new houses rather than older houses. The fresh new feel, to some, provides a certain level of comfort that makes a new house feel like home. Here is a list of some of the advantages of owning new houses in Las Vegas.

Las Vegas Home Builders one year Warranty
Manufacturer's Warranties on major appliances and systems
More efficient windows, heating and cooling systems, and insulation
More safety features and fewer hazards due to today's strict laws and building codes
New materials and appliances for less maintenance
Aluminum siding, vinyl windows, and improved stucco exteriors also require less maintenance
Home Builders incentives such as closing costs and additional upgrades
Personalized design and details such as floor plans and paint colors
Pre-wired security systems, entertainment systems and other digital hookups for modern day convenience
Home owners associations

New Las Vegas Homes vs Resale Las Vegas Homes

2008-03-14T08:05:00.000-07:00

While searching for a Las Vegas homes there are many things to take into consideration. The question often arises: Do I buy a new home? or Resale? There are advantages to both, but ultimately when making the final decision it should be your needs, not the age of the structure, that should be the deciding factor.

Six Strategies To upsizing Or downsizing To a Las Vegas Home

2008-03-13T07:39:00.000-07:00

In this report, we outline some of the more important strategies to moving up that we feel you would like to know as you make this decision. Knowledge of these strategies will be very useful to you during this time sensitive case of moving up.

1.Rose-colored glasses
Most of us dream of improving our lifestyle and moving to a larger home. The problem is that there's sometimes a discrepancy between our hearts and our bank accounts. You drive by a Las Vegas home that you fall in love with only to find that it's already sold or that it's more than what you are willing to pay. Most homeowners get caught in this hit or miss strategy of house hunting when there's a much easier way of going about the process. For example, our Las Vegas Realtor experience and tools such as the MLS (Multiple Listing Services). Las Vegas real estate agents pay a hefty fee to have access to the MLS that allows them to view all current and available Las Vegas homes on the market. This service will allow you to cross-match your criteria with ALL available homes on the market and supply you with printed information on an ongoing basis. A program like this helps homeowners realize what the current market conditions are as well as helps them realize reality with out their rose-colored glasses which ultimately allows them to move into the home that they can be very pleased with.

2.Failing to make necessary improvements
It is amazing what a few little fix-up odd and ends will do for the price of your home. When selling Las Vegas real estate a question that needs to be asked to yourself is, "What realistically makes my home better than any other home in this price range? What will cause a buyer pick my home first?" Remember, you are trying to sell this home as soon as possible so that you can get into you the other home that we have hopefully already found. Read the article "Las Vegas Home Selling Tips". If you want to get the best price for the home you're selling, there will certainly be things you can do to enhance it in a prospective buyer's eyes. These fix-ups don't necessarily have to be expensive. But even if you do have to make a minor investment, it will often come back to you tenfold in the price you are able to get when you sell. It's very important that these improvements be made before you put your home on the market. If cash is tight, investigate an equity loan that you can repay on closing.

3.Not selling your home first
You should plan to sell before you buy. This way you will not find yourself at a disadvantage at the negotiating table, feeling pressured to accept an offer that is below-market value because you have to meet a purchase deadline. If you've already sold your home, you can buy your next one with no strings attached which is very advantageous when making an offer on a home. Imagine, you selling your Las Vegas home and there are two offers in front of you, one is contingent upon the sell of their current home and the other offer has no contingencies; which one do you choose?Here are your options as a home seller: If you do get a tempting offer on your home but haven't made significant headway on finding your next home, you might want to put in a contingency clause in the sale contract which gives you a reasonable time to find a home to buy. If the market is slow and you find your home is not selling as quickly as you anticipated, another option could be renting your home and putting it up on the market later - particularly if you are selling a smaller, starter home.

4.Failing to get a pre-approved for a home in Las Vegas
Pre-approval is a very simple process that many home buyers fail to take advantage of. While it doesn't cost or obligate you to anything, pre-approval gives you a significant advantage when you put an offer on the Las Vegas home you want to purchase because you know exactly how much house you can afford, and you already have the green light from your lending institution. With a pre-approved mortgage, a seller will view your offer far more favorably - sometimes even if it's a little lower than another offer that's contingent on financing. Don't fail to take this important step. For a free pre-approval on a Las Vegas house let us know.

5.Failing to coordinate closingsWith two major transactions to coordinate together with all the people involved such as Realtors, mortgage experts, appraisers, loan officers, title company representatives, home inspectors or pest inspectors the chances of mix-ups and miscommunication go up dramatically. To avoid a logistical nightmare ensure you work closely with your Las Vegas real estat agent. This process can be difficult and trying even with knowledgeable guidance and direction but it will makes the process a little smoother. If you are looking to move up and would like The Hildreth Barnhill Team a premier group of Las Vegas Realtors to guide you through this transition give us a call.

6.Credit Matters When Buying A Las Vegas HouseIf you suspect there may be something on your credit report that might cause a problem, you should investigate it before you attempt to gain approval for your home loan prior to making an offer on a Las Vegas home.The Federal law requires credit bureaus to share this information with you. In most instances, you may receive one in-file report per year at no charge. Call one or all of the major institutions and request one.It may be difficult to understand, which is why they will send you a booklet explaining their code system. You may want to make an appointment with a Las Vegas credit counselor to answer any specific questions you may have.

When you are actually ready to start looking for a home in Las Vegas or if you need more information, we are ready to help. Just give us a call.

Buying a Las Vegas home - Upsizing or Downsizing

2008-03-11T08:01:00.000-07:00

Unlike the experience of buying a first home, when you're looking to move-up, and already own a home, there are certain factors that can complicate the situation. It's very important for you to consider these issues. As professional Las Vegas Real Estate Agents we want you to be aware of all the possible factors that play into your selling or buying a home and in this situation.

Not only is there the issue of Las Vegas financing to consider, but you also have to sell your present home at exactly the right time in order to avoid either the financial burden of owning two homes or, just as bad, the dilemma of having no place to live during the gap between closings.

Finalizing your Las Vegas Home Loan

2008-03-10T07:51:00.000-07:00

Here are a few final concepts to take into consideration on your new Las Vegas home loan. By implementing these suggestions in your next Las Vegas real estate purchase you are such to avoid "Buyers Remorse".

Interest rate: Who can ultimately give you the lowest interest rate for you situation? Can they lock you in to that rate? You want to be at the point where all of your lenders are giving you the same low interest rate; if you get here... Good job! That's what you want.

Closing Cost: These are the lenders, escrow companies, state taxes, inspections, and sometimes real estate costs that a you have to come out of pocket with unless you decide to have the seller pay for your closing cost. Normally these cost are 2 - 2 1/2% of the assumed sold price of the Las Vegas homes you are wanting to buy. It is important to get these costs as low as possible. These costs can also affect your monthly mortgage payment.
Monthly Payment: Interest rates and the amount of money placed as a down payment have a large affect on what your monthly mortgage payment looks like. Which lender can get you the lowest payment?

Lender Relationship: It is very important to find a lender who you "get along with." Sometimes it may even cost a little bit more, but in the end you need to be able to answer the question "Did I get what I wanted?' "Yes!" The home finding process is usually the easier part of the home buying process. One of the top reasons that a home sell doesn't make it through escrow is because of the lending. There needs to be an intimate relationship between the buyer and their lender. When there is a strong relationship of trust and loyalty between a lender and buyer there seems to be a little more effort put in to the transaction to make sure everything happens as is planned. You will be working with them very closely to make sure that you can buy the home of your choice. Make sure they are pleasant to work with.

Guarantee: It seems that in every profession there are always going to be those individuals that are going to tell you what you want to hear but have no intentions of delivering. There is a real easy way to nip this in the bud. Lets say that you have negotiated your way to the lowest interest rate, mortgage payment, and closing cost, which of these lenders that you have been interviewing will be willing to back up what they say with a guarantee. Ask them to put what they say down on paper with a signature. What are they willing to do if/when your sitting down to sign your closing documents and your cost are higher than what you were expecting? Are they going to pay anything up and above what they promised? Get these things in writing. Note: be lenient with your lender if you mortgage payment comes out $5 or $10 dollars more or your closing cost are $50 to $100 more.

The Hildreth Barnhill Real Estate Agents have access to the best financing in the Las Vegas valley. We are able to work with all types of Las Vegas real estate buyers in many different ranges of credit scores. Contact us to help you get financed.

Negotiating a Deal on Las Vegas Real Estate

2008-03-08T21:20:00.000-08:00

The extent of how great a deal you get greatly depends on your own negotiating skills, but here are a few pointers.

Get at least three good faith estimates. Look at each of the lenders fees. See what they are charging you for. Some lenders charge for different things and sometimes they are just termed differently. Don't be afraid to call the lender and ask them what the fees are for. The advantages to having three different good faiths is that you can use lender A's fees to negotiate with lenders B & C and visa versa. Typically your Las Vegas Real Estate Agent will have the know how to help guide you in what decision would be best for your situation and goals. Usually Realtors have very good relationships with several mortgage lenders and will be able to help you better understand where lenders strengths are and how they will be able to work for you.

Getting The Best Financing in Las Vegas

2008-03-07T06:46:00.000-08:00

This is where it comes in handy to have a few different names. There are so many different types of loan programs for each individual that it is impossible set a standard on what to expect out of a loan. This is best discussed with your Las Vegas real estate agent. We are not beating around the bush by saying this; it truly depends on what your situation is. A 30yr fixed rate mortgage with a 20% down payment may work for one person where a 5/1 ARM with $0 down works for another. Note that every mortgage, no matter what program works for you, is negotiable. Let us know if you would like to find out what Las Vegas loan programs work best for you and your situation.

Las Vegas Mortgage Lenders - Who Do I Trust?

2008-03-05T07:22:00.000-08:00

We all have friends, relatives, professionals, mentors and others that we trust and respect. Chances are they have used a Las Vegas mortgage professional or know of someone who they can direct you to that has used one. It is good to use a mortgage lender that you have received as a referral because that means that someone has been impressed with his or her integrity and effort. It is good to get two or three names and lending institutions. This way you give yourself options; options are always good. To speak with one of our professional loan officers let us know.

First Things First - When buying Las Vegas Real Estate

2008-03-03T07:34:00.000-08:00

Don't waist your time looking at Las Vegas real estate until you know what you can afford. There is nothing more disheartening or discouraging than discovering the perfect home in Las Vegas and then finding out you can't have it. Steer clear of the temptation that many homebuyers succumb to, looking for a home before they have their financing in order. It happens all to often that the perfect home with the just right living room, the nursery or office, the back yard, etc. and you go in to speak with a mortgage lender to realize that reality isn't as nice as you would like it to be.

Las Vegas Home Buyer's Cost and Buying Process

2008-02-27T07:57:00.000-08:00

The Las Vegas Home Buying Process

Prior to showing homes we ask all Las Vegas homebuyers to meet with us; together we will answer the following questions:
What kind of Las Vegas houses are you looking for? (Single story, 2-story, condo, townhouse) What is your price range? Have you met with a Las Vegas lender to determine affordability? Have you made a list of home features that are important to you? (Checklist, needs vs. wants) What is your time frame? Are you ready to move now?Do you have to sell another home?
Starting the Process

1.Determining price range is one of the most important steps in the Las Vegas home buying process. It involves meeting with a loan officer to get pre-approval for a specific purchase price. Within 24 hours of application, your loan officer will prepare a Good Faith Estimate, which shows the fees associated with your loan. Upon receiving the estimate, you will know the approximate purchase price you can afford.
When you find the right home, you want to have a strong negotiating position. A seller will be more likely to accept our offer if you have a mortgage lender's written pre-approval for a specific loan amount. In other words, the seller knows that you can afford to buy the house.

2.Negotiating your offer to purchase requires my expertise in knowing the Las Vegas real estate market both new and resale Las Vegas homes. We will work with you to help match your wants in a house with the amount you are pre-approved for. Then, we will show you the homes that fit your criteria. Once you've chosen a Las Vegas home, we will negotiate the best possible offer for you.
Aside from price, negotiable items are:
Las Vegas Home Warranty (protects mechanical systems, built-in appliances & air conditioning for 1 year. Optional coverage available for pool, spa, washer, dryer, refrigerator, septic) Special Assessments and LID or SID Homeowner's Association Fees, Transfer Fees. Inspection Fees (i.e. pest/termite, structural, mechanical, well & septic, water, survey and environmental hazards) Closing Date and Physical Possession Title and Escrow Company Personal Property and Fixtures - Items that will stay with the home.Due Diligence Time Frames Seller Concessions Repairs and/or Allowances Amount of Earnest Money Deposit.

3.Once we have an accepted offer, we will review the Seller's Real Property Disclosure Form and any other seller disclosures. Other disclosures may include:
Environmental hazards i.e. asbestos, mold, lead-based paint Methamphetamine lab Assessments Rental property - need security deposits, lease agreements and associated documents. Sale subject to court approval - i.e. probate, bankruptcy - need all associated documents. Zoning or master plan provisions or changes of which seller is aware, that may affect property or its use. Hazard insurance claims - Clue report Construction defects litigation or settlement.

4.Next, we will open escrow for you with a fully executed Offer to Purchase and earnest money. Typically, the closing process takes 30-45 days.

5.Prior to the closing date, we will accomplish the following:
Get Homeowner's Insurance in place and review Moving TipsReview inspection results and correctionsReview escrow instructions and preliminary title report; follow up with lender in regard to loan approval and appraisal amount.

6.Schedule Walk-Through inspection, review closing statement, schedule escrow signing appointment, get certified check for closing, bring photo ID *Please note: keys and possession not transferred at escrow signing. The property becomes yours when the documents are recorded at the County Recorder's Office. The escrow officer will notify us when your transaction has recorded. We will contact you and make arrangements to give you the keys to your new Las Vegas home.

Las Vegas Home Buying Schedule

2008-02-25T08:00:00.000-08:00

Interview Process - Select The Hildreth Barnhill Team your Las Vegas Realtors group and establish a committed relationship.

Initial Consultation - As your Las Vegas Realtors we will evaluate your needs, wants, and financial resources.

Lender Referrals - Determine your loan qualification and your Las Vegas home purchase price range.

Las Vegas Home Shopping - View Las Vegas homes fitting your criteria.

Las Vegas Home Selection & Offer to Purchase - As your Las Vegas Realtors we will draft a Purchase Agreement, advising you on customary practices, protective contingencies, and local regulations.

Earnest Money Deposit - You will need to provide from 1%-3% of the purchase price (the deposit is not cashed until your offer has been accepted by the seller).

Presentation to Offer - As your Las Vegas Realtors we will present your offer to the seller and the seller's agent.

Acceptance or Negotiation - The seller has three options: Accept the offer, give a counter offer, or reject the offer. As your Las Vegas Realtors we will negotiate on your behalf in reaching a final agreement.

Open Escrow - When the Purchase Agreement is accepted and signed by all parties, your escrow will be opened. At this time, your earnest money will be deposited. The escrow or title company will receive and disburse all funds associated with your transaction.

Contingency Period - This is the time allowed per your Purchase Agreement to obtain financing, perform inspections, and satisfy any other contingencies to which your purchase is subject.

Typical contingencies include:
Approval of Seller's transfer Disclosure Statement Approval of the Preliminary Title Report Loan approval, including an appraisal of the property Pest inspection and certification Physical inspections of the property.

Homeowner's Insurance - You should coordinate between your insurance and escrow company to make sure your policy is in effect at the close of escrow.

Down Payment Funds - You will need a cashier's check or money wire transfer prior to the closing date of escrow.

Close of Escrow - When all conditions of the Purchase Agreement have been met, you will sign your loan documents and closing papers. You will deposit the balance of your down payment and closing costs to escrow and your lender will fund the balance of the purchase price. The deed will then be recorded at the county Recorder's office and the keys to your new Las Vegas home will be delivered to you by your Las Vegas real estate agents.

Get the Best Deal - Use a Las Vegas Realtor

2008-02-23T08:29:00.000-08:00

Nearly all houses in Las Vegas are bought and sold through a Las Vegas Realtor. Las Vegas Realtors provide a great value to home buyers by providing them with time saving experience, tools, and services. Do not get in over your head by trying to buy a home on your own. The Hildreth Barnhill Team specializes in assisting Las Vega Home Buyers. The following are just a few highlights of how a Las Vegas Realtor will help you get the best deal on a Las Vegas home.

Education, Knowledge and Experience - A Las Vegas real estate agent is trained in all aspects of the real estate transaction.

Analysis of Your "Needs and Wants." - A Las Vegas real estate agent will help to identify your ideal home.

Pre-Qualification - A Las Vegas real estate agent can refer you to a professional lender to determine how much of a Las Vegas home you can afford and the different financing options available.

Information - Las Vegas real estate agents can provide you with sales comparables, statistics and trends, and information about taxes, Las Vegas community information, etc.

Multiple Listing Service - A Las Vegas real estate agent will provide a list of Las Vegas homes fitting your criteria and arrange for viewings of these properties.

Communication - The Las Vegas real estate agent will be the point person to handle all phone calls, inquiries, appointments, showings and negotiations.

Objectivity - The Las Vegas real estate agent will assist in comparing properties, presenting offers and counteroffers, off-setting the emotional aspect of decision making.

Paperwork - A Las Vegas real estate agent will prepare the Real Estate Purchase Contract and Receipt for Deposit containing escrow instructions and the terms and conditions of the sale.

Opening of Escrow - The Las Vegas real estate agent will deliver the contracts and buyer's earnest money deposit to escrow.

Coordination of Transaction Service - The Las Vegas real estate agent will communicate with the various service providers such as inspectors, appraisers, insurance agents, etc.

Closing Process - The Las Vegas real estate agent will coordinate the various aspects to close your transaction.

Making the offer on a Las Vegas House

2008-02-22T07:51:00.000-08:00

The fun begins! So we have found the house that you are looking for. Now it is time to make the offer...

Most homes on the Las Vegas market are grossly over true market value with the exception of the few that are just above, right at, or just below market. When we have found a home that you like the first thing we want to do is find out what category it is in: way above, just above, right at, or below market value. We will assist you in this. With our online database, called the Las Vegas MLS, we have access to all of the homes currently on the market and those that have sold recently; with these we will be able find out how well the price of the home compares. After computing this information we will more accurately be able to advise you in what a reasonable price would be to offer.

Both, you as a homebuyer and we as your Las Vegas real estate agents, know that it is important that we get the lowest price possible. With this being said let's not take that as lets be greedy. In our experience we have found that when a buyer insults a homeowner with a ridiculously low offer the seller is much more inclined to reject the offer and kill the negotiations instead of countering. We always want to be reasonable in our offer. The Las Vegas comparative analysis that we will do on the home will give us great direction. Unless the home is either grossly overpriced or the home is in need of repair we usually want to make an offer close to the true market value.

As Las Vegas Realtors we make offers on homes frequently. This is a great advantage to all of our clients who are looking to buy. We have several other strategies and tips that we use to help our buyers get the lowest price possible. If you would like us to help you buy a home and teach you our stratagems let us know.

Las Vegas House Hunting

2008-02-20T06:23:00.000-08:00

As Las Vegas real estate agnets we provide services that make the house hunting process as simple and time efficient as possible. With our instantly updated database of all the Las Vegas homes currently on the Nevada market it makes it seemingly easy to find what you are looking for and weed out what you not. This service speaks volumes when you consider time is money and we all know money is important when buying a home. We try to make the home buying and selling process as convenient as can be for all of our clients.

It is important to note that it is not a wise decision to go looking at homes on your own. There is a rule of law amongst Las Vegas REALTORS® called procuring cause. Basically it sates that if we as the buyer's agent are not the initial cause of the buyer finding the home and taking them to it, that buyer then becomes the client of the seller's agent or the new home builder. This is, in most cases, when an individual goes to an open house or a new home development. In either case the buyer, most of the time unknowingly, gives up their rights of to be represented by the agent they wish to use. We are always available to accommodate you in the viewing of any Las Vegas homes you would like, just ask! This is our job; it's not out of our way.

Know what you want in a Las Vegas Home

2008-02-19T07:52:00.000-08:00

One of the first things that you need to do is decide what it is that you are looking for in a Las Vegas home. What do you NEED in a home? What is it that you want in a home? It would be a great idea to to make a list of the features that you find necessary in the home you will buy. This is the need list. Then make a list of the features that appeal to you as a luxury. This is your want list. Mark the need list priority 1 and the want list priority 2.

You want your Las Vegas house to be functional for your everyday use. It should meet your households' lifestyle and needs, hence priority 1. Then you take out your want list and start checking off the luxuries. This will be a balancing act. We are not saying that you should focus on getting everything on your need list checked off before you glance at the want list but, don't let the fancy hand rails and upgraded carpet cause you to overlook the functionality of the house for your needs. For the few out there that will be able to afford their wants and needs this obviously won't apply as much.

Getting Great Las Vegas Financing

2008-02-18T06:29:00.000-08:00

Owning a home is the Americans dream and it is a dream come true for millions. What about you? This article is great for those of you who are buying their first Las Vegas homes and are not sure what steps to take to make your dream come true. We understand that much of the home buying process is like a foreign language, very difficult to understand. Don't worry, it's not like you buy homes every day, that's why you have us, a premier Las Vegas home buying specialist, who buy and sale homes every day. We are going to help you understand the lingo/mortgage jargon, and step you through the mortgage process.

Get pre-approved

2008-02-16T06:45:00.000-08:00

The first thing you want to find out is, how much of a Las Vegas home you can afford. To many buyers make the mistake of searching for a home before they even know if they can afford one or not. Get pre-approved! This will save you so much heartache and trouble. Speak with a lender and find out what exactly you can afford. If the interest rates are extremely high (they can change day to day) your payment goes up and your buying cost go down. Be wise and consult with a Las Vegas mortgage professional, they are usually great about getting the best available financing plan for your situation. To speak with one of our qualified loan specialist leave us a note.

Understanding the Las Vegas market

2008-02-15T06:40:00.000-08:00

The Las Vegas valley has for years been a solid market for appreciation. For parts of 2003/2004/2005 Las Vegas experienced record growth and appreciation that provided many seller with quite the bank roll and many buyers with a great investment. It is impossible for a market to have a record year, year after year. These are the common trends that we see in all of the large cities that have experienced this kind of growth. There is a very stable market here in the valley and it is expected to stay that way. What does this mean? It means that the playing grounds are just about level when it comes to market value of a las Vegas home and the negotiation process.

How to Save When Buying a Las Vegas Home

2008-02-12T06:59:00.000-08:00

Buying a Las Vegas home is a very emotional process for many people especially if it is a home that you intend to live in and raise your family in. Even if you're not looking to live in the home but are buying it as an investment it can still get emotional if it's your money on the line. Whether you are buying for yourself or for an investment you still want to get the most for your money. As Las Vegas Realtors we will work closely with you on your next Las Vegas home purchase and you may see us stress these points with you again for we feel that these are essential factors to getting the best price possible.

Las Vegas Home Buyer Q&A

2008-02-11T07:00:00.000-08:00

Preparing to purchase a home is an exciting process. Minimize your stress and the unknowns by researching the appropriate information about the market you will purchase in.

How do I get qualified?
Any competent lender can help get you qualified. To find a lender that you can trust and willl do a great job for you, get referrals, usually from your Las Vegas real estate agents or a friend or family member. Getting pre-qualified is really the first step to purchasing a home in Las Vegas. Check out our article on getting a loan in Las Vegas to really find out why it is so important to get pre-approved before house shopping.

Best Cities For Bargain House-Hunters by Forbes.com

2008-02-09T10:34:00.000-08:00

As of late Las Vegas seems to be at the top of every list for worst market. This Forbes.com article, however, puts Las Vegas at number 7 for best bargains on a house. This is good news for the Las Vegas real estate market. Forecasts have Las Vegas as one of the strongest real estate markets in the coming years. This ranking stands as proof that Las Vegas is making a turn.

A note to Buyers
If ever there was a time to buy, it is now! Las Vegas is prime for the picking when it comes to getting a great deal on a home and with the strong forecasts for the next several years you would be making a strong investment in one of the greatest cities in the world.

The following is the Forbes.com profile of Las Vegas:

7. Las Vegas, Nev.
Las Vegas is a market hammered by foreclosures, due largely to extremely high speculation in both residential communities and the condo market. Though the housing slowdown has hurt jobs in the construction sector, Vegas continues to attract businesses and job seekers to its growing economy, making its excess inventory (and there's a ton) less toxic than in other places. According to ZipRealty, inventory is down from its September peak by about 2,500 houses.

Las Vegas Home Buyer Q&A

2008-02-08T07:20:00.000-08:00

Preparing to purchase a home is an exciting process. Minimize your stress and the unknowns by researching the appropriate information about the market you will purchase in.

When is it the best time to buy homes in Las Vegas?
A number of factors determine when it is best to buy a home. Depending on the cycle of the real estate markets, whether a buyers a market or a sellers market, each will provide many different buying advangtages. Do your research to better understand the real estate market you are moving to before you buy. Find out if the housing inventory seems to have peaked, is growing, or shrinking. Ask a Las Vegas Real Estate agent to help you understand what each of these factors mean for you and your family.

Las Vegas Home Buyer Q&A

2008-02-07T06:37:00.000-08:00

Preparing to purchase a home is an exciting process. Minimize your stress and the unknowns by researching the appropriate information about the market you will purchase in.

How do I qualify a Las Vegas real estate agent?
Hold an interview. Ask questions about marketing efforts and practices. Ask about previous experience. Contact one of their previous clients if possible. What truly sets them apart from all of the other agents?

Questions like these will help you better determine which agents will work best with you. Certain agents have stronger expertise in one are then another, like specializing in Foreclosures, while other agents have more appealing personalities and characteristics, like humor or trustworthiness, that work well with you. Take the time to research and make the best decision off of what your heart tells you.

Las Vegas Home Buyer Q&A

2008-02-06T07:21:00.000-08:00

Preparing to purchase a home is an exciting process. Minimize your stress and the unknowns by researching the appropriate information about the market you will purchase in. How much do Las Vegas real estate agents charge?Real estate agents don't typically charge a home buyer for their services. Seller of Las Vegas homes will pay both the buyer's agent and the seller's agent.

Las Vegas Home Buyer Q&A

2008-02-05T21:28:00.000-08:00

Preparing to purchase a home is an exciting process. Minimize your stress and the unknowns by researching the appropriate information about the market you will purchase in. Is buying a Las Vegas home stressful?Finding Las Vegas homes is a lot of fun for many buyers. However, the escrow process and due diligence period are often tough. Some know it as "hell month". It is critical to use a reliable real estate agent to manage all of the moving pieces.

Las Vegas Home Buyer Q&A

2008-02-04T21:37:00.000-08:00

Purchasing homes in Las Vegas, NV is an exciting process. Minimize your stress and the unknowns by researching the appropriate information about the market you will purchase in.
What paperwork is involved?There are key documents that need to be signed and filled out correctly to buy a home. From tax forms to purchase agreements to seller's real property disclosures, there are many documents to be aware of and sign. A title company helps a great deal once the home is under contract but up until that point Las Vegas real estate agents really are the best resource for protecting your assets and time.

Las Vegas Home Buyer Q&A

2008-02-03T00:32:00.000-08:00

Preparing to purchase a home is an exciting process. Minimize your stress and the unknowns by researching the appropriate information about the market you will purchase in.
What is Escrow?Escrow is a 3rd party who is loyal to a real estate transaction. They aren't necessarily interested in either party, but instead their instructions are the contract that has been agreed upon by all parties. In a simple view, a buyer brings the money and the seller brings the house. There is more to it but in the end both parties sign off and the escrow company, which is usually the title company in Las Vegas, takes the documents down to the courthouse to file them. Once they have been filed the transaction is complete.

When Should I Buy a Las Vegas Home

2008-02-01T19:47:00.000-08:00

There are many important issues you should be aware of that affect you as a renter. Why on earth would you continue to lose thousands by throwing it away on rent when with your Las Vegas real estate agent you could take a few minutes to discuss your specific needs so that you can stop renting and start owning.This conversation costs you nothing, and, of course, you shouldn't have to feel obligated to buy a Las Vegas home at the time you review this.

With Mortgage rates reaching record lows and with historic amounts of inventory available, this is the absolute best time to jump head first into this phenomenal investment opportunity. By taking the time to explore your options, and learn about the ways you can afford to buy a home, think how prepared and relaxed you'll be when you are ready to make this exciting step.

Get Pre-Approved for a Las Vegas Home

2008-01-31T23:04:00.000-08:00

We urge you to consult with a Las Vegas lender who knows the ins and outs of the lending and credit process. These experts know how to read a credit report, give sound counsel as to what needs to be fixed and how to do it, best of all it's free! It saves you at least $40 right off of the top and again, no obligation. You have everything to gain and nothing to loose by meeting with a mortgage lender. Don't wait! The sooner you get meet with a lender the sooner you can get into a home of your choice. As mentioned above we have lenders in our Las Vegas Realtor network that will meet with you one on one with no obligation and no cost and you are assured that you will walk away with either a pre approval certificate or a step-by-step strategy to get your credit back on track. If you would like to get in touch with one of our lenders contact us and we will direct you to one of our professionals.

Last But Not Least

2008-01-30T23:02:00.001-08:00

Don't get trapped into the mind set that "My credit is bad! There is no way I can ever Las Vegas Loans!" To many people think that there is no recovery from bad credit, when in actuality there is a great life of opportunity and investment in the future. Some people think that if they spent $40 to buy a credit report and take a look at it themselves they will be able to correct the problems and in a matter of months have great credit. Though a noble thought and effort, this process is difficult and a challenge. Have you ever seen a full credit report? Las Vegas Real Estate Agents to learn how to fix your credit quickly.

Get Pre-Qualified before Buying a Home in Las Vegas

2008-01-29T23:06:00.000-08:00

You can, and should, get pre-approved for a home loan before you go looking for Las Vegas homes. Pre-approval is easy, and can give you complete peace-of-mind when shopping for your home. Mortgage experts can obtain written pre-approval for you at no cost and no obligation, and it can all be done quite easily over-the-phone. More than just a verbal approval from your lending institution, a written pre-approval is as good as money in the bank. It entails a completed credit application, and a certificate that guarantees you a mortgage to a specified level. Consider dealing only with a professional who specializes in mortgages. Enlisting their services can make the difference between obtaining a mortgage, and being stuck in the renter's rut forever. Typically there is no cost or obligation to enquire. Within our network of service providers is a group of highly trained and professional lenders who are experts at getting people pre qualified.
Note: The Hildreth Barnhill Team of Las Vegas Realtors feels that it is important to provide excellent customer service to all of our clients. That is why all of the service providers we choose to provide will be courteous and most importantly will provide free consultations.

Las Vegas Investors

2008-01-28T21:37:00.000-08:00

We can help you locate investors who would be more than willing to help in your Las Vegas home purchase. There are many different programs available, depending on the investor. Many investors may be able to get you into a house of your choice with as little as the monthly mortgage payment. This goes for most people who may not have much money nor good credit. We have established a network of investors who specialize in these types of situations and it is a win - win situation!
Understand that if you work with Las Vegas investors in return for them helping you get into a home much of the time it will be for part of the equity of the home. You may have heard of this being called "Lease - to - own." If you would like to get in contact with one of our investors who may be able to get you into a home of your choice give us a call or drop us an email.

Finding cash for your down payment

2008-01-26T19:56:00.000-08:00

By borrowing money for investments to a specified level, you may be able to generate a significant tax refund for yourself that you can use as a down payment. While the money borrowed for these investments is technically a loan, the monthly amount paid can be small, and the money invested in both home and investment will be yours in the end. You can buy a Las Vegas home even if you have problems with your credit rating. If you can secure the loan with other equity, many lending institutions will consider you for a mortgage. Alternatively, a seller take-back or seller finance mortgage could also help you in this situation

Seller Financing Las Vegas Real Estate

2008-01-25T21:22:00.000-08:00

Some Las Vegas home owners may be willing to hold a second mortgage for you as a seller take-back. In this case, the seller becomes your lending institution. Instead of paying this seller a lump sum full amount for his or her home, you would pay monthly mortgage installments. There really are people out there who will do this!

"Vegas' Current Market 2008" by Henry B. Springs

2008-01-24T20:54:00.000-08:00

Despite prices falling 1.6 percent earlier this year and the increase in foreclosures in the third quarter the good times of Vegas’ housing market are rolling right along. Las Vegas is called the “fastest growing city in history” and the fastest growing upscale market” in the U.S. Fortune magazine predicted declining sale prices by as much as 6.6 percent but Vegas’ housing market has continued to rally. Average housing prices in many major metro areas remained stagnant or declined in the third quarter while average prices of homes Vegas posted an 18.5 percent increase. Amidst a slew of developments under construction, 76,000 new jobs, and gaming and tourism revenues that continue to break new records Vegas is still a great place for first time buyers, investors, retirees, and second home seekers, despite the uncertainty of the overall housing market. Houses aren’t selling like they did. The rise in inventory has prompted sellers, mostly investors to create more incentives for buyers to take the much needed plunge. Property has been standing empty. Cars, closing costs, TVs, bonus commissions, furniture and entertainment centers are a few extras sellers are offering to sweeten deals, says Nate Barnhill. Devin Reiss, president of the Greater Las Vegas Association of Realtors has also seen a free Mercedes offered with deals. Vegas is still a “buyers market like nobody’s business,” says Nate Barnhill of Hildreth and Barnhill. According to Devin Reiss low interest rates, abundant housing choices, and a strong local economy still makes Las Vegas one of the best places to buy a home. Vegas boasts a growing, healthy economy. Small businesses and corporations are relocating to Vegas because of cheaper operating costs and no state income tax according to Barnhill. Increased development of rental property is only a fraction of what’s been built. 6,000 acres is developed every year and there are only 36,000 acres left to develop, says Barnhill. He feels this is an “ideal time for homeowners to get into the market” while there is excess inventory, undervalued property will only gain in value as the city braces itself for its next wave of growth, says Barnhill. “We see the market changing as multi-billion dollar projects like Project City Center, Echelon Place and others create thousands of new jobs,” says Reiss. New jobs will mean more people, families, and more homes to accommodate them. Barnhill says over 160,000 residents will descend on Las Vegas by 2009 and drive prices for a limited housing supply even higher. There are bargains to be had because it is a buyers market and sellers are creating larger incentives for buyers. Prices won’t rise abruptly until demand outweighs supply. Reiss says a “by product of the well publicized real estate boom” is that too many people saw buying a property as a short term investment. Nearly half of the homes sold from 2005 to 2006 were to people who intended to resell quickly for a profit but growth and demand did not keep pace with expectations. They have been holding on as the market corrected. Houses are sitting empty. 14,948 foreclosures emerged in the third quarter, a 200 percent increase from the same period in 2006. Barnhill doesn’t ignore the problem but feels the real problem is would be buyers who “ are having problems getting financed.” He says lending restrictions and qualifications have changed and are preventing buyers from purchasing. He feels they are a “scare factor” that is “aiding the downturn.” . He says he had a client who had to find a new lender because of minor structural damage that prevented the original lender from honoring the deal. Foreclosures in metro Vegas have “more than tripled in the past year,” are they the result of investors who didn’t want to hold on to the property this long? Konnell Peterson of The Peterson Group, Las Vegas feels overzealous investors are responsible for “a large part” it. $50 billion worth of ARMs reset this year , another wave will reset in 2008. Owners couldn’t make payments before the first cycle. Peterson says market conditions are “consistent” with the rest of the nation but recommends investing in “high rises” and planned communities geared towards baby boomers and retirees because of their increasing presence and larger financial resources. In 2006 Vegas’ economy consisted of $2.1 billion worth of gaming income, nearly 27 % of its total economy, says Barnhill, up17 percent from 2005. 7,000 people a month migrated to Las Vegas in 2006 and with job growth rising 5 percent in 2007 more housing will be needed to accommodate them in 2008. 27.2 fewer housing permits were issued for new homes last year. A steady rise in population has been Vegas’ saving grace. The steady flow of new buyers has kept inventory low but will outweigh available supply in 2009. Economists forecast “tumbling” prices in 2008, no full recovery until 2010. Justin Walters of Bespoke Investment Group, New York, a money management research firm predicts a 5.6 percent fall in Vegas’ housing prices by May 2008. Doom and gloom was forecast for this year and the next. Inventory of single family homes in Las Vegas increased by 19 percent in August to 24,341. Supply of condominiums rose 23 percent to 6, 221 for the same period, reported by the Greater Las Vegas Realtors Association. The median price for homes was $ 299,000, down 3.9 percent from $337,000 in 2006. Condos were down 8 percent to $190,000 from $195,000 last year. Third quarter’s prices ended up gaining back valuable ground, nearly twenty percent compared to last year. Vegas is far from perfect. Foreclosures have affected property values where they are rampant. Buyers acquired plenty of equity and borrowed from it for cars, investments, loans and in some cases gambling when the market peaked. Others gambled with the housing market and either way are mortgaged to the hilt. Investment properties sit empty awaiting eventual foreclosure but home prices have rebounded again by year’s end. Construction in Vegas is the second largest industry, nearly $9 billion in projects starting in 2007-8. MGM’s $7.4 billion City Center is the most expensive construction project in the U.S, a 76-acre mixed residential high rise on the Vegas strip. 23, 219 permits for new homes were issued last year. Vegas’ future can only be seen as bright, with industry, employment, and population working together to continue positive returns . It is the perfect time to find great deals on property that are undervalued and will only appreciate in a market that has no intention of bottoming out.

Buy a Las Vegas Home with Little Money Down

2008-01-23T19:35:00.000-08:00

There are some local or federal government programs (such as 1st time buyer programs) to help people get into the Las Vegas housing market. You can qualify as a first time buyer even if your spouse has owned a home before. As long as your name was not on the title of the home you should be ok. Ensure your Las Vegas real estate agent is informed and knowledgeable in this important area so they can direct you to a lender who offers these kinds of programs to help you with your options.

Save For A Down Payment on a Las Vegas Home

2008-01-22T18:47:00.000-08:00

Little Known Facts That Can Help You Buy Your First Las Vegas Home...
The problem that most renters face isn't your ability to meet a monthly payment. It goes without saying that you must meet this monthly obligation every 30 days already. The problem is accumulating enough capital to make a down payment on something more permanent.Saving for this lump sum doesn't have to be as difficult as you might think. Consider the following important points:

You can buy a Las Vegas home with much less down than you think
You may be able to find a seller to help you finance the home
You may be able to create a cash down payment without actually going into debt

Buy a Las Vegas House - Don't Feel Trapped Anymore

2008-01-12T21:49:00.000-08:00

It doesn't matter how long you've been renting, or how insurmountable your financial situation may seem. The truth is, there are some little known facts that can help you get over the hump, and transfer your status from renter to Las Vegas homeowner. With this information, you will begin to see how you really can...

Bank of America to buy Countrywide

2008-01-11T08:26:00.000-08:00

"Bank of America said Friday it will buy Countrywide Financial for $4.1 billion in stock, a deal that rescues the country's biggest mortgage lender and expands the financial services empire of the nation's largest consumer bank." This was the opening paragraph on Yahoo! News this morning announcing the expansion and of their now largest in the nation financial division. Most likely this will have little to no affect on those looking to buy a homes in Las Vegas in the next 6 months.

What is yet to be seen is how the long term results affects Las Vegas home buyers. Countrywide has a long standing reputation of great service and prices. I am interested to see if the Countrywide we all know and love will turn to the cold, difficult bank reputation we all try to avoid.

Stop Paying Rent - Own a Las Vegas Home

2008-01-10T08:22:00.000-08:00

It's a dream we all have, to own our own Las Vegas home and stop paying rent. But if you're like most renters, you feel trapped within the walls of a house or apartment that doesn't feel like yours. How could it when you're not even permitted to bang in a nail or two without a hassle? You feel like you're stuck in the renter's rut with no way of rising up out of it and owning your own Las Vegas home.

Buying a Home in Las Vegas because of the Big Lights

2008-01-09T16:33:00.000-08:00

Las Vegas is currently home to nearly two million people. There are 750,000 households in Las Vegas. It will be no surprise that the driving force behind this all the reputation of Las Vegas as Fun, Fun, and Fun! Well, it’s all true. For almost a century people from all over the world have come to Vegas to the fun in the sun. Almost half of all new Las Vegas homebuyers are here to either retire or to be closer to the action and many times both. Las Vegas home values will continue to climb because appeal to the whole world and it’s luring vibe. If this is you then you will have great company. We encourage you to look around at some of our articles and discover where the true value of buying a home in Las Vegas lies. Please contact us if you need some help.

Live in Las Vegas and Buy a Home

2008-01-08T13:42:00.000-08:00

If you already live in Las Vegas and are looking to buy a house then you are probably pretty familiar with the city and where you want to be. The next step for you is to determine which Realtor in Las Vegas you are going to choose to help you locate the right home in the right area. We hope you choose the Hildreth Barnhill Team. Once you have your Las Vegas Real Estate Agent and Lender then you are ready to find the right house. Picking an area is the easy part so, now the task is to find a home that all the decision makers can come to terms on and agree upon. We know we make this seem like a negotiation and that is because it is. Understand that buying a home is a negotiation, not only with the seller but with the decision making partner. We suggest you take a look at the some of our Las Vegas homebuyer articles to gleam a few ideas that will make this whole process simpler.

Buying a Las Vegas Home From Out of State

2008-01-07T21:12:00.000-08:00

Buying a Las Vegas home long distance can be very daunting. The first step you will want to take is to collect as much information about the city as you can. Las Vegas is growing tremendously in all parts of the city. You will notice that most of the new home development in Las Vegas is on the outer edges of the city with the exception of a few developments here and there in the more established areas. Chances are that if you have looked around a bit or talked to a few friends about Las Vegas then you have probably heard of Summerlin, Henderson, or Green Valley. These are some of our more popular communities that offer a wide variety of prices and floor plans. If you really want to get a feel for what it takes to buy a house in Las Vegas then take a moment to search around our site and look at all of the great tips and hints that will make your relocating to Las Vegas smoother and more comfortable.

Las Vegas Home Buyers Information

2008-01-03T15:50:00.000-08:00

So, you are looking to buy a home in Las Vegas? Let us be the first to tell you congratulations. Owning a home in Las Vegas is a point of great pride. Las Vegas provides a huge selection of houses to choose from. It doesn’t matter if you are looking for a condo or a mansion; Las Vegas houses span the field. If you are wanting to buy a home in Las Vegas because you are looking to relocate for job, family, retirement, or just because you love Las Vegas you have just chosen the right agents to help.

Las Vegas Statistics

2008-01-02T18:33:00.000-08:00

Las Vegas real estate came off of a strait 19 years of appreciation in 2005. The Las Vegas housing market has come off of nearly 20 years of unprecedented growth. In 1980 the population in Las Vegas was 528,000 people. In 1990 the population had grown nearly 62% to a staggering 853,000 people. The current population is over 1.9 million people and growing at a rapid pace. Some experts have predicted that Las Vegas would grow 50% between 2006 and 2016. Las Vegas real estate made history in 2003/2004 when Las Vegas real estate was appreciating 400% in some areas. Since then the Las Vegas housing market has settled into a normal market however experts are now predicting other possible booms in Las Vegas homes for the future.

Las Vegas Real Estate and Casinos

2007-12-31T09:43:00.000-08:00

The gambling industry has brought great growth to Las Vegas not only in tourism but also in population growth. This growth has greatly benefited the Las Vegas real estate market. The notorious gangster Bugsy Siegel completed the first major casino in 1945. Other large casino resorts followed suite shortly after. Much of the past Las Vegas real estate growth can be attributed to the casino industry.

Las Vegas Real Estate Benefits from the Hoover Dam

2007-12-29T16:30:00.000-08:00

Nevada made Las Vegas an official city in 1911. Shortly after the organization of Las Vegas the Great Depression hit. Fortunately for Las Vegas the construction of the Hoover (originally the Boulder) Dam 1931 couldn't have come at a better time. The Hoover Dam gave Las Vegas stability during a time when it was most needed. The project brought jobs, city development, and large amounts of Government funding. During the same year Nevada legalized gambling.

Las Vegas Real Estate in History

2007-12-28T19:30:00.000-08:00

The modern settlement of Las Vegas began in the 1850's when Mormon missionaries began developing the agriculture of Las Vegas and calling Las Vegas home. The Valley that we know as Las Vegas was en root for those traveling to California from the east. The Pacific Union Railroad made its debut in 1905. During the same year Pacific Union auctioned off large parcels of land, which was a beautiful beginning to Las Vegas.

Las Vegas Real Estate Market Statistics

2007-12-27T21:12:00.000-08:00

The types of market statistics that we track here on www.hildrethbarnhill.com are relative Las Vegas Real Estate statistics. In a booming economy such as Las Vegas, statistics are extremely valuable to consumers who are looking to make an investment into Las Vegas. The benefit of knowing what is going on in the Las Vegas real estate market is so that the consumer has a measuring stick to determine the right time to invest. Timing is everything when it comes to fluctuating markets such as Las Vegas. Las Vegas real estate has made an impression upon consumers of all kinds with its consistent history of appreciation and therefore a subject that many pay close attention to.

Las Vegas Home Builders

2007-12-22T19:57:00.000-08:00

Many of the Las Vegas home builders are well known for their quality products. Some stand by amazing warranties protecting buyers and owners from defects for quite some time.
Builders are using many of the current home building technologies providing a great number of options for buyers. The materials they use resist the environment better than ever before and aid to keep utility costs down.
New home builders have many designs to choose from. In fact, there are hundreds of layouts and hundreds more options for communities and neighborhoods across the valley. A buyer can find just about any design, layout, and amenity to fit their needs and create a comfortable way of life.
Thousands of newcomers enter the market and take advantage of the incentives and benefits of living in a brand new home. Home builders in Las Vegas cater to their customers a great deal because they know their business depends on that strong reputation.
When working with these builders be sure to make use of your real estate agent. A builder's agent works for the builder. You will want your own representation to keep your goals moving forward.

Las Vegas Tax Benefits

2007-12-20T23:33:00.000-08:00

While we are not Las Vegas tax experts we are aware that Las Vegas city planners have a strong agenda to promote business growth in the valley. Las Vegas tax rates are favorable for many businesses and it is recommended that you look into the ways the city is prepared to help you start or grow your business.
Also, the huge Las Vegas gaming industry carries a great deal of the income tax burden for Las Vegas. There is currently no state income tax for individuals which leaves extra for you to keep up your home in Las Vegas. Please see your tax advisor about special breaks and exemptions.
Las Vegas also offers no a grocery tax. This is especially helpful to the families in Las Vegas. By keeping taxes favorable Las Vegas has really promoted its great desire to atract new families and business alike.
If you would like we can recommend some great tax advisors in the Las Vegas valley. We can also point you to the state, county, or city web sites. Contact us for further information.

Las Vegas Property Taxes

2007-12-19T20:54:00.000-08:00

When buying or selling Las Vegas homes, property taxes are always on the top of our clients minds. The Las Vegas property tax is emstimated to be about 1% of the homes value (maybe just below at .94%). Taxes are paid on a varying scale depending on your area.
Property tax is a tax, which is assessed and collected by local government districts. Tax rates vary from county to county, state to state, and are based on a predetermined percentage of an annually assessed value of each individual property. Property taxes are usually paid in installments, either biannually or quarterly, depending upon the requirements of your area. Ask your local tax collector or Las Vegas real estate agent for the tax payment dates pertinent to your property.
Your escrow officer will work with your lender, the seller, the Las Vegas real estate agent, and government agencies to determine how much tax is due and payable at the time your escrow closes. You may be required to pay a share of the taxes for the year depending upon what time of you're your escrow closes. Some of the considerations that determine this amount include how much of the year's taxes on the property have already been paid by the seller, and whether or not the local tax collector has posted the payment.
Your lender may ask you to open an "impound account." This enables the lender to collect property tax and hazard insurance payments from you on a monthly basis. The impound payment is collected with your monthly mortgage principal and interest payment and is calculated by taking your yearly tax and annual insurance payment and amortizing it over 12 months, along with at least two additional months worth of payments for each. Generally the lender will pay the county tax collector and the insurance company directly by drawing the property tax and insurance premium from the account when they are due.

Las Vegas Taxes

2007-12-18T21:33:00.000-08:00

Taxes are an extremely important part of our society. Las Vegas is no different than the rest of the Nation when it comes to paying taxes however there are definate benefits to how the tax structure is put together here in Las Vegas. The taxes here in Las Vegas seem relatively low in comparison to other states. The casino and gaming industry helps Las Vegas keep the taxes down by carring a great deal of the tax burden.

Real Estate on the Las Vegas Strip

2007-12-17T21:35:00.000-08:00

The Las Vegas Strip is one of the most entertaining places in the world. Its popular venues attract millions per year. Builders recognize the demand for homes near this area of town and have built some amazing properties right on the strip. Huge high rise condominiums have been erected for residents who love a great view, close proximity to what the strip has to offer, and a community environment.

Towers and condos have changed the Las Vegas skyline. Thousands of units are available with a variety of styles, prices, and layouts. Some of the most expensive properties have recently been sold downtown. Investors understand that this is the "Manhattanization" stage of the valley. As land in Las Vegas becomes more scarce, builders offer a high level of style and community amenities while building upwards.

The condos are often contemporary and very modern in style. They are managed by organizations set up to handle the great lifestyle. Many are managed like hotels so the return for an investor is considerable.

Owning a condo is different than owning a single family home. A Las Vegas real estate agent can help you get involved so you can decide on whether or not one of these great properties is appropriate for you.

The Process of Buying a Las Vegas Home

2007-12-15T18:59:00.000-08:00

Buyers of all sorts must go through a similar process. The steps are typically the same, the emotion is the same, and the outcome can be the same. Generally, the more money you are able to put down and the better your credit is the better off your situation will be and the easier it will be to secure your Las Vegas home. Let your Las Vegas Real Estate agents help you get going.

Getting Qualified for a Las Vegas Home

2007-12-13T23:28:00.000-08:00

Regardless of the price of the home, most people will be acquiring a loan to buy a Las Vegas home. There are several steps everyone must take. Find a lender (your agent can help) who understands you goals and needs and will help you with your loan. Save as much money as possible. Keep your credit in order. Keep your bank statements and documents. If you take care of business you will be able to afford a Las Vegas Home that suits your needs.

Las Vegas Affordable Homes

2007-12-12T22:39:00.000-08:00

Many people believe that housing within the Las Vegas real estate market is out of reach for many buyers. Lending restrictions, recent value increases, etc. have certainly made it more difficult for some. However, there are great options for many. Foreclosures and fixer-uppers work for some. For many, condos, town homes, and well designed single family properties are very suitable.
The key to buying and owning affordable housing is to find Las Vegas real estate agents who can locate the properties. Understanding your needs is important. Understanding your lifestyle and situation makes a big difference. There are many options and all you need to do is get started with the right professionals.

Las Vegas Resale Homes

2007-12-11T18:51:00.000-08:00

Las Vegas has grown greatly over the past few years. Thousands move into the valley. At the same time, many move from the valley. Buyers typically have a great selection of homes that fit their needs.
Many home buyers purchase homes that are newer because they can afford the new styles and want the lower maintenance options. However, others appreciate the less expensive older homes in well established neighborhoods. Regardless of your situation in life, there is something that will suit your needs and wants.
There are some things to keep in mind when purchasing a previously loved and owned home. Be sure your real estate agent refers a quality home inspector. You'll want to know if there are repair items in the house before you make your move. Every house has something that could be considered dissatisfactory. However, most homes have very few of those items unless you are considering a fixer-upper. Las Vegas homes are valuable assets and people from all over the country come to buy them.

Las Vegas New Homes

2007-12-08T09:53:00.000-08:00

The new home market in Las Vegas has grown leaps and bounds in recent years. The valley grew a great deal with the latest market boom. New homes in Las Vegas are valuable assets. They are well designed by quality new home builders.
Thousands of people move to Las Vegas every month. Builders have been challenged to keep up with that pace. Some residents have seen huge gains in home equity because they have purchased at the right time in a reputable community.
New Las Vegas homes are well known for their quality because of the renown builders who design and construct. They build with warranties and have great options packages for their customers. They are able to build what buyers want and while they maintain reasonable prices.
Buyers to want to be aware that builder salesmen represent the builder. You'll want to have a quality real estate agent help you in the transaction so the "I's" are dotted and the "T's" are crossed.

Getting Full Access To The MLS

2007-12-07T21:51:00.000-08:00

The Las Vegas MLS is available only to those who are a member the MLS as well as a member the GLVAR. It is not available to the general public however you may find several websites where you can search available homes using an MLS feature. This search feature is very limited compared to what we as Las Vegas real estate agents have access to. You will not have the features necessary create reports, search specific neighborhoods or school zones, view maps of the home, or get pertinent detailed information about any property. In order to gain access to such information form the Las Vegas MLS you must have a working relationship with a real estate agent who can run these types of searches for you. Even with a Realtor you will be limited in what information is made available to you for security reasons but rest assured that you will receive ALL of the information necessary to make a decision when it comes to buying or selling a Las Vegas home.

Benefits of the Las Vegas MLS

2007-12-06T21:54:00.000-08:00

For a Las Vegas Realtor®, the benefits of the Las Vegas MLS is the value that it provides to their service. The real value of a Realtor® is in their knowledge of real estate law, and their understanding of the Las Vegas real estate market; however the MLS provides a great deal of assistance, as a tool, in aiding in the sale or purchase of a house. For the client, the benefit is the convenience of having all of the information and pictures of available Las Vegas resale homes without the inconvenience of having to drive around. The MLS also has several different reports that provide very important information like, price per square foot, days on market, average sales price, median house prices, and many other great stats that help in the real estate decision making process.

The Las Vegas MLS

2007-12-05T19:50:00.000-08:00

The Las Vegas MLS stands for Multiple Listing Service. The MLS combines the information of all the available listings (sold or current) and is made available to members of the Las Vegas MLS system and or the GLVAR (Greater Las Vegas Assosiation of Realtors). Realtors® make use of this system when searching out homes for a buyer, or when assesign the value of a home for a person who would like to place their home on the Las Vegas real estate market. Before computers became so popular Las Vegas real estate agents used the more primative form of the MLS which was a monthly print out of all the available listings.

Las Vegas MLS Home Search

2007-12-04T22:30:00.000-08:00

The Las Vegas MLS offers its services as a subscription to Las Vegas real estate professionals. The MLS service is designed to allow real estate agents who represent sellers to better display information about their listings to other real estate agents who potentially have buyers. This information is stored in a database. The Las Vegas MLS has assisted in the sale on tens of thousands of Las Vegas houses. The MLS is an intricate part of a real estate agents business.
Launch the Las Vegas MLS Search

Las Vegas Real Estate

2007-12-01T20:54:00.000-08:00

Real Estate in general across the Las Vegas Valley varies greatly in use and zoning. It is common for a residential area to be surrounded by business parks and other commercial projects. However, industry is not usually mixed with the developments. Home owners can enjoy the peace and quiet of well designed neighborhoods without being disturbed by traffic and noise of industrial activities. What results is convenience without disruption. Residents have access to what they need and business owners can market to surrounding neighborhoods and the two appreciate one another. Real Estate developments are superbly designed. Any buyer looking for Las Vegas property can find what they are looking for in the vast variations of Las Vegas real estate.

Las Vegas Property

2007-11-30T16:23:00.000-08:00

Las Vegas property is valuable real estate. Single family homes, land, and commercial sites have increased tremendously in recent years. When the national real estate market is hot it is hottest in Las Vegas. When it is cool, Las Vegas property is resilient and holds its value well. Property owners are rewarded by strong market factors that sustain the housing market.

Commonly Asked Questions about Las Vegas

2007-11-29T10:49:00.000-08:00

What is stucco?
Stucco is a type of cement used to cover the exterior of most Las Vegas homes. Contact us to learn more.

What kind of landscaping is common in Las Vegas?
There is a wide variety of options from dessert rockscaping to beautiful grass settings. To find out more about the type of landscaping that fits you best contact us.

I heard you have to pay a monthly fee to live in some neighborhoods?
It depends! Contact us to find out if your home will have a monthly fee.

Do I need to use my air conditioner in a Las Vegas winter?
Usually. This also depends on your comfort level. For seasonal changes and more information on the Las Vegas climate contact us.

How deep can my pool be?
In certain areas of Las Vegas it is not possible to get five feet below ground surface whereas in other areas you will find you can get as deep as 10-12ft. We can help you find a home with just the right pool. Contact us.

What if I want to put an addition on my Las Vegas home?
There are many different factors that go into making additions to a home. One in particular that most people don't realize is that any addition or remodel done to a home must be inspected and have a permit from the City. To learn more about the steps of making additions or remodeling please contact us.

Are there homeowners associations?
In some neighborhoods there are. To find out if your home will an Association fee please contact us.

What is a homeowners association?
It is an elected group of individuals that reside within a community or neighborhood that govern the affairs of that community or neighborhood. To learn more about Homeowner Associations contact us.

Are there homes with out an association?
Yes. To find out if your home will be in an Association please contact us.

What to Expect in a Las Vegas Home

2007-11-28T19:36:00.000-08:00

The Las Vegas market has been one of the greatest markets to invest in over recent years. Many homeowners have been well pleased by the return on their investment in the Las Vegas Valley. Much of this appreciation can be attributed to the booming gaming industry, which provides a great deal of jobs for individuals who live out of state. With as many as 5000 people a month moving into Las Vegas along with the growing population of investors Las Vegas has proven its worth to its homeowners.

Las Vegas has a unique feel to its neighborhoods that are not always common in other states. With the growing population and the limited land available for developing, homebuilders have become creative in their design of subdivisions and home design so to be able to provide for the immense growth. Though it is still possible to buy a ranch style home (single story home) it is more common to find two story or split level homes especially with newer homes within the last 5 – 10 years. This may surprise some out of state homebuyers who are accustomed to seeing a majority of ranch style homes or even homes with basements, which also is a rare commodity here in the valley.

The common size of a yard, in many of the newer home tracts, is less than a ¼ acre. Don’t worry, Las Vegas has many homes that suite the families that need room for the kids and the animals, cats to horses. If you like to travel and you have an R.V., there is a great selection of homes that come equip with R.V. hookups and parking for your convenience.

With the reputation of being a party city and a 24 hour all night place it may be easy to overlook the fact that Vegas also provides a lifestyle of comfort and peace just minutes away from the action. Feel free to come join us in owning a part of Las Vegas.