How to compete in a multiple offer situation. Tips for home buyers in a hot market! Although the Las Vegas real estate market has cooled down, it is still a very active and competitive market. If you are a home buyer who is looking to purchase a home for under $250,000 you may find your self in a multiple offer situation. We are seeing multiple offers on many homes that are priced fair and show well in this price range. Losing out on a house can be heartbreaking and frustrating for a … [Read more...]
What is a Home Inspection
What is a home inspection? Why you need a home inspection and what to expect When you purchase a home it is highly recommended to get a home inspection on the property. A home inspection is defined by a limited, non-invasive examination of the condition of a home. Home inspections are performed by licensed inspectors of your state who have the training and knowledge to perform a residential home inspection. You want an experienced professional who is trustworthy performing your inspection. … [Read more...]
Closing Costs For Buyers in Nevada
Closing Costs in Nevada How much does it cost to buy a home? Many home buyers, especially first time home buyers do not have a clear understanding of what it costs to purchase a home. Your down payment amount is based on the type of loan you have and the sales price minus the earnest money deposit. A FHA loan is typically 3.5% of the purchase price, conventional loans range from 5% to 20% down. There are many different type of mortgages/loans and your lender and Realtor can explain which … [Read more...]
Free Home Warranty with Home Purchase
Free Home Warranty with Successful Las Vegas Closing What is a Home Warranty & how can it help me? A home warranty is a residential service contract that provides repair and replacement of major operating systems in your home that fail due to normal wear and tear. Basic coverage includes plumbing, electrical, heating systems, and major appliances such as dishwashers, and ovens. Many companies charge additional coverage for appliances such as a refrigerator, washing machine and a … [Read more...]
