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Buying and Selling Tips

Read articles on buying and selling real estate in Las Vegas including helpful tips.

Found 145 blog entries about Buying and Selling Tips.


SELLING A HOME IS HARD WORK!

Most homeowners would probably prefer to have a professional licensed Realtor work on their behalf to sell their home, but not everyone sees the value of paying a fee for an agent’s expertise. I get it — it is not easy to recognize all the work it takes to prepare a home for sale, list it, market it and make sure everyone involved in a transaction is on schedule and committed all the way through closing.

Great agents make great partners because we bear the (substantial) cost of marketing, we have the ability to expose people’s homes to more buyers, deal with the mounds of paperwork and save the homeowner time, stress and money.

Still, people sell their homes as a For sale by owner

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Here are the top six myths about online property shopping -- busted

As real estate agents, we’ve all been on the receiving end of internet leads. Whether they be for one of our own listings or for a property in a ZIP code or territory that we are paying for, engaging, working with and converting these leads into actual closings is a hit-or-miss process — and a lot like winning the lottery.

Endless articles, books, webinars and social media chat threads have been dedicated to this very topic: What should we agents do or not do, say or not say? How and when should we follow up? And although that content is helpful for real estate agents, it’s time we flip the script and start educating consumers on what goes on after they select “click here for more

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Debra Leatham, a premier agent on the #1 Tonnesen Team at Berkshire Hathaway HomeServices Nevada Properties would like to share her experience in assisting a family in the purchase of a brand new home here in Las Vegas.

This beautiful new home is located in the Richmond American community of Centennial Valley, just South of the 215 N between Jones and Decatur. It is an ideal location for commuting, shopping and many dining choices. This all single story community sold out quickly. The single story homes are spacious and open and appeal to today’s buyers as there is no wasted space. They had a great selection of basic options, plus upgrades. The community itself has walking paths and green areas for community gatherings.
My clients are from Chicago.

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Credit: www.mycreditguy.com

"When I see credit reports with lower scores, there is almost always one factor in common, high credit card utilization. Check out this quick video that will talk about how the credit scoring algorithm factors in your "balance to limit ratio" and how you can actually use this to your advantage in order to QUICKLY increase your credit score! Did you know that your score can drop up to 100 points just by maxing out ONE credit card?" 

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The Nevada Partners & Culinary and Bartenders Housing Partnership has placed over 560 union families into homeownership since it was created in 2008 and provided approximately $4,000,000 in down payment assistance and closing costs.

Key Elements of the Program Include:

1. The down payment assistance loan up to $20,000 has a 0% interest rate.

2. You do NOT have to pay back the loan until you sell, transfer or refinance.

3. You must live in the house you buy (no second homes or vacation homes).

4. You must NOT have owned a home within the past three years.

5. You must contribute up to 3% of the purchase price.

6. Your combined household income can't be greater than $76,680 for a 1-2 household.

7. For a household with 3 or more

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But some markets have yet to fully recover from the crisis

The U.S. housing market has gained back all $9 trillion in value lost during the 2007 recession, according to a recent Zillow report. Furthermore, the average U.S. home is now worth $55,200 more than it was at the bottom of the housing bust.

Zillow says West Coast markets have fared the best since 2007, thanks to robust job growth and low inventory that has pushed home values up. On the other hand, The Sand States (California, Florida, Arizona and Nevada), excluding California, have yet to fully recover from the disproportionate impact the housing bust had on them.

The median home in San Jose and Las Vegas dropped $190,000 in value during the recession, but today, homes in Las

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There are so many home insurance companies out there that choosing the right one can be a challenge for most people. That’s because most of them offer almost the same services, but differ on details such as prices and the level of coverage. To help you out, here are 5 tips to choosing the right home insurance.

 

  1. Understand what the policy will cover

This may sound surprising but most people have no idea what their home insurance covers. For you to choose the right home insurance, you need to understand what is usually covered. That’s because when you understand this, you will be in a position to negotiate for better terms, as well as get a separate insurance for the things that are not covered. Besides, with a good understanding

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December existing-home sales dipped 3.6 percent month-over-month, but the year was still the best since 2006

Existing-home sales decreased 3.6 percent to a seasonally adjusted annual rate (SAAR) of 5.57 million in December — dipping from a downwardly revised 5.78 in November, the National Association of Realtors (NAR) reported today.


This month’s sales pace is 1.1 percent above December 2016 and is the strongest sales pace in 11 years.

A healthy economy drove buyer demand in 2017

The median existing-home price for all housing types in rose 5.8 percent to $246,800, making December the 70th month in a row to see year-over-year gains.

Total housing inventory fell 11.4 percentage points month-over-month to 1.48 million homes

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The final quarter of 2017 was full of market-moving headlines, including a rise in the short-term Fed Funds Rate, which is the rate at which banks lend to one another overnight, along with the passage of the Tax Cuts and Jobs Act.

The tax bill energized markets, pushing U.S. Stocks to record highs. The rally was further bolstered by a solid economy and a strong labor market.

Historically, when Stock prices improve, Bond prices and the home loan rates tied to a type of Bond known as Mortgage Backed Securities often worsen. Despite the recent Stock-friendly news, home loan rates remained just above all-time lows. 

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