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Category: Buyers

  • 10 Things to Consider Before Writing an Offer to Purchase

    The process of finding a home is stressful, exhausting, and often filled with let-downs as the “perfect” house online is the ugly duckling once you open the door. But you’ve survived the home search trials and now are ready to write an offer to purchase on your chosen property. In my many years of real estate

  • Pet Info when Buying Las Vegas Real Estate.

    I have seen a few questions regarding pet ownership in Las Vegas / Clark County so I thought I would service those questions with a basic summary of the regulations and issues in Las Vegas, Nevada and surrounding areas. Since my wife and I foster dogs, we have a special interest in the rules. First […]

  • New Lending/ Closing Rules Coming in October 2015

    New Lending/ Closing Rules Coming in October 2015

    You might have heard about TRID (TILA/RESPA Integrated Disclosures) or  “The New HUD Form,” that is being implemented on residential escrows where a government-backed mortgage (most loans) is being used for the purchase. The new combined Truth-In-Lending/”HUD form” comes out of reforms mandated by the Dodd-Frank Act and overseen by the Consumer Financial Protection Bureau […]

  • HOA Lien Foreclosures No Longer Permitted in Las Vegas (GLVAR) MLS

    NOTE: The information below contains opinion of its author who is not an attorney. Consult a real estate attorney if you need real estate law advice.   There has been a lot of talk about the recent Nevada Supreme Court ruling that an HOA foreclosure sale extinguishes the first mortgage (first deed of trust) security […]

  • Appraisals Coming in Low? Pendulum Swings But Fails to Hit Some People in the Head

    Appraisals Coming in Low? Pendulum Swings But Fails to Hit Some People in the Head

    In last Friday’s article at “The Real Deal,” http://therealdeal.com/blog/2012/06/22/are-too-low-appraisals-preventing-some-markets-from-recovering/, they ask if appraisers are “scared” to value homes at higher prices in hot markets like Las Vegas. My answer is “yes” in many cases. They are not reflecting the market conditions. In Las Vegas, most reasonable properties under $200k have multiple offers with many contract prices above […]

  • May and June Confirm It Is a Seller’s Market in Las Vegas. Supply and Demand

    May and June Confirm It Is a Seller’s Market in Las Vegas. Supply and Demand

    The trend is continuing with increased demand and less supply. The result is multiple offers on any reasonably-priced property below $170k. List prices are also on a steep incline. Even with the increased competition for homes, buyers are still getting bargains compared to several years ago. The key is getting your offer accepted. See below […]

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