"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?"
School is finally out for the summer, and many families are relocating, both across country and within the same city. But often kids don't want to leave their friends or existing school. If you are relocating to Las Vegas or Henderson, NV , or if you are moving to a new home within Clark County, here are some tips for making the process go a little easier on the whole family.
Get the Kids Involved Searching Online
Kids love to surf the Internet, and if you allow them some extra time online and make the search a family project, they will feel like they are helping to make the decision, which will make them feel better about moving and having some control of their lives.
Most families start by looking checking out school zones in Las Vegas.
Las Vegas real estate is on the rise and is showing no signs of slowing down. The interest rates within the housing market have kept the city hopping and remaining in full form without ever skipping a beat.
These phenomenal interest rates have been the deciding factor in why so many people are getting themselves into great Las Vegas Homes for sale with spectacular deals. There are even many claims that this may very well be the biggest era of real estate that the region has ever seen.
Moving On Up –Vegas Real Estate Booming!
People who were only able to afford to live in apartments are now able to purchase their very own homes, and those numerous people who could only afford to live in extra small one-bedroom homes can now afford to live in
Foreign national mortgages for Las Vegas investment properties are back!
Finally there is once again a company which can finance mortgage loans for foreign nationals that want to buy investment real estate in Las Vegas. The minimum down payment is 50% of the appraised value with a minimum loan amount of $100k, so properties purchased must be $200k or greater to meet program guidelines. The main program requirements are as follows:
All foreign properties owned by the borrower must be listed on the Schedule of Real Estate Owned. Verification of mortgage payments, taxes and insurance is required
A three year history of residence and job history is required.
While you’re sweltering in the heat, keep in mind that whether you’re buying or selling a home in Las Vegas, a swimming pool is more than a way to cool down – it’s also a big factor in home values. 2016 is set to be a record-breaking year when it comes to weather. According to the National Oceanic and Atmospheric Administration, January through June of this year was the hottest 12 year stretch in the last 136 years! No wonder more than 38% of Americans include a swimming pool when describing their “dream” home. Nationally, a recent survey taking into account a home’s size, age, location, etc., found that being able to include a swimming pool in a listing could increase a home’s price anywhere from 8% to as much as 19%! So, whether it’s a pool to
Veterans, are you tired of finding the perfect home, only to make an offer and get beat out by a cash buyer? Don't give up hope! You can still move into the Las Vegas home of your dreams this summer courtesy of a new home builder that supports our troops.
For the rest of the month of June, Richmond American Homes of Las Vegas is running a special promotion for all VA Home Buyers in recognition of their service to our country. With only $1 in earnest deposit*, Vets can purchase a brand new home.
And the interest rates are great too! With Richmond's preferred lender, Home American Mortgage Corporation, the current rate is only 3.75% (4.05% APR) 30 year fixed rate VA financing***. (See details below.)
According to Las Vegas Metro police, a lot of times the answer is NO! Whether you are selling a vacant home or in between tenants on a rental property, the home you think is vacant may not be unoccupied after all.
This is an incident that actually happened to one of our Las Vegas real estate agents, Ed Orasi, just last week. Fortunately for this seller, Ed is extremely conscientious and personally inspects his listings on a regular basis. But we have seen numerous instances over the years where the listing agent or property manager hasn't been to a property in literally months!
Here is Ed's story:
"I received a call a couple of days ago that a lockbox was missing from one of my listings. I found this to be odd, since the property was shown 2 days
Over the past month, the Las Vegas real estate market has been literally flooded with would-be flippers, making up to 30 bids each per week. They are offering anywhere between 70 to 80 cents on the dollar on homes listed for sale around the Valley, hoping to get just one offer accepted so they can get started on their road to real estate riches.
Where are all these Donald Trump wanna-bees coming from? What fueled this sudden rush of real estate entrepreneurialism?
Massive radio campaigns have fanned the flipping fire in people all across the country. They are advertising get-rich real estate seminars, and the promos go something like "Sign up now to learn the secrets of house flipping, seats are limited!" But guess what: the seminars are free and I
It seems our poor Veterans are getting hit from all sides these days. From long waits to receive urgent medical care, to decreased retirement benefits, to cutbacks on funding for new recruits, Veterans are among the least appreciated members of our society. And this appalling neglect seems to extend to home buying as well.
Here, unfortunately, is a typical example of a wonderful young couple and their frustrating quest to buy a Las Vegas home using their VA benefits. Our wonderfully tenacious agent, Judy Campbell, was finally able to help them realize their dream, but only after they went through several Realtors and lost out on a lot of houses first. As told by Judy:
"Steve and Mary (not their real names) are a younger couple in their mid to late
We have a wonderful company here in Las Vegas called "Salestraq" which supplies local Realtors with quarterly market data summaries for both new homes sales and MLS resales. Below is the report for the first quarter of 2014, and we decided to post the report here so that you can see the price differential between new homes and resale homes, and the reasons why there can be such a difference.
Evaluating the Differences Between New and Resale Home Prices
Courtesy of Salestraq
THE BOTTOM LINE...Stability has been a recurring theme in the Las Vegas housing market over the better part of the past year. Through the first quarter of 2014, the supply-demand dynamics are more reflective of sustainability than those seen during either the boom-time