Avoid These Common Mistakes When Buying A Las Vegas Home

Buying a Las Vegas home can be exciting as you try to find the perfect home for you and your family. It can also be stressful, especially if you’re a first-timer. You can make the process go as smoothly as possible by avoiding these common house-hunting mistakes.

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  • Having no idea what you can afford. You don’t want to search for several months, fall in love with the house of your dreams, and then discover that you can’t afford it. Instead, before you look for a home, visit mortgage brokers or bankers for prequalification. The process examines your down payment, income, financial obligations, and credit rating to determine at what price range you should be looking.
  • Wanting 100 percent of your wish list. Unless you build one from scratch, you are never going to get everything that you want in a home. Decide on three must-haves and three deal-breakers, and put everything else in a hope-to-have list. If you get 75 percent of what you want, go for that home. The lower your budget, then the lower that percentage has to be.
  • Going it alone. You may think you’re saving money on commissions by going on the house-hunt by yourself and visiting only for-sale-by-owner properties. However, real-Las Vegas Real Estate Expert Alan Taylorestate transactions are complex, requiring strict procedures, adherence to legal and industry standards, and the proper filing of documentation. If you miss any of the details, your transaction could fall through. Only a professional agent, such as Alan Taylor, can ensure that all house-buying requirements are met.

For more information on buying a house, or if you want to get started on finding your dream home, please contact us.

 

If you, or someone you know, is looking to purchase or sell a home in Las Vegas or Henderson, please contact me anytime for more information about our current market or the home buying process. I’m available, 7 days, 8 AM – 9 PM.

702.340.6686

Click HERE for the latest, Up to date, neighborhood market analysis and statistics of various Las Vegas Communities and Schools.

TAKE ME DIRECTLY TO THE FREE MLS SEARCH PAGE.

Alan Taylor | REALTOR®
Prudential Americana Group, REALTORS ®
10777 W. Twain Ave. SUite 333
Las Vegas, NV 89135
Cell: 702-340-6686
Office: 702-340-6686
Fax: 702-507-0095
E-mail:AlanSellsLasVegas@Gmail.com
Website:
AlanSellsLasVegas.com

Alan Taylor, Prudential Americana Group REALTORS ®Agent to the biggest
celebrities in the world……..You!

Author: Alan Taylor

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Golf community homes for sale in Las Vegas

Golf lovers active in the Las Vegas home buying market or those relocating to the vibrant desert city might find a golf community to be a perfect fit for their new residence. The vast city is home to a number of ideal neighborhoods and planned communities some of which offer the convenience and esthetics of being located around a golf course.

Living Experience

Las Vegas is home to several golf communities most of which are located on the outskirts of the city near the edge of the vacant desert land.  They offer quiet secure neighborhoods Las Vegas country clubwith the benefits of living on a golf course.  Golf community homes for sale in las vegas include existing homes, ready-to-build-lots and rentals which offer direct views of the lush green courses or a short distance away.  Many of the golf communities of Las Vegas are securely gated and offer much more than golf including community centers, athletic facilities and dining options.  Choosing the right golf community for you will depend on your target housing price, monthly dues and the vicinity to the downtown or strip area.

Golf Experience

The benefits of living within a golf course community are great when it come to your golf game.  You will be able to have your own golf cart that you can drive to and from the course eliminating the need to load and unload all your equipment each time you golf.  Many communities reserve the best tee times for the community members and give them priority booking for all other tee times to ensure them ample golfing opportunities.  Their memberships include discounted greens fees, pro shop prices and unlimited use of the range.

 

If you would like more information on Las Vegas Golf Community properties for sale please contact us.

 

If you, or someone you know, is looking to purchase or sell a home in Las Vegas or Henderson, please contact me anytime for more information about our current market or the home buying process. I’m available, 7 days, 8 AM – 9 PM.

702.340.6686

Click HERE for the latest, Up to date, neighborhood market analysis and statistics of various Las Vegas Communities and Schools.

TAKE ME DIRECTLY TO THE FREE MLS SEARCH PAGE.

Alan Taylor | REALTOR®
Prudential Americana Group, REALTORS ®
10777 W. Twain Ave. SUite 333
Las Vegas, NV 89135
Cell: 702-340-6686
Office: 702-340-6686
Fax: 702-507-0095
E-mail:AlanSellsLasVegas@Gmail.com
Website:
AlanSellsLasVegas.com

Alan Taylor, Prudential Americana Group REALTORS ®Agent to the biggest
celebrities in the world……..You!

Author: Alan Taylor

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No more 3 year waiting period after short sale, bankruptcy, or foreclosure

If this applies to you please read and then call me at 702-340-6686. If you know someone this may apply to please pass along to them and ask them to give me a call.

Borrowers who lost their homes through foreclosure or short sale will no longer have to wait three years to get a mortgage to buy another home.

The Federal Housing Administration has changed the rules to help buyers whose credit was tainted due to the loss of a job or income reduction. They will now be able to get a mortgage to buy again after a one-year waiting period through the FHA’s new lending program, dubbed Back to Work. The FHA previously required these buyers to wait three years before applying for a mortgage.

Buyers who can document they lost their home to foreclosure or filed for bankruptcy because they were laid off or because their income was reduced by at least 20 percent will be eligible to apply for a loan after paying their bills on time for a year, according to the instructions the FHA sent lenders last week.

The change is effective immediately until September 2016.

Now for the fine print

Borrowers will be required to provide documentation showing the loss of income or employment, including termination notices, tax returns and W-2s.

The program is designed to help potential buyers who went through a period of financial distress but have been able to get back on their feet and can afford a home again. This is not going to work for strategic defaulters.

Speeding up the process

The program is especially helpful to borrowers who went through bankruptcy and foreclosure simultaneously. Often, the lender doesn’t take title of the property until years after the discharge of the bankruptcy, which has delayed the start of the waiting period for many potential buyers.

During the one-year waiting period after the foreclosure sale, bankruptcy discharge or short sale closing, the borrower should have:

  • No late housing payments (rent/mortgage).
  • No more than one 30-day late payment on all other accounts.
  • No accounts in collection.

Borrowers will also be required to go through housing counseling prior to being approved for the loan.

To find out if you qualify, please contact Spencer Valerio with iMortgage at 702-596-1993 or click HERE.

Be sure to tell him that you received this information and his contact info from the hardest working realtor in Las Vegas.

If you, or someone you know, is looking to purchase or sell a home in Las Vegas or Henderson, please contact me anytime for more information about our current market or the home buying process. I’m available, 7 days, 8 AM – 9 PM.

702.340.6686

Click HERE for the latest, Up to date, neighborhood market analysis and statistics of various Las Vegas Communities and Schools.

TAKE ME DIRECTLY TO THE FREE MLS SEARCH PAGE.

Alan Taylor | REALTOR®
Prudential Americana Group, REALTORS ®
10777 W. Twain Ave. SUite 333
Las Vegas, NV 89135
Cell: 702-340-6686
Office: 702-340-6686
Fax: 702-507-0095
E-mail:AlanSellsLasVegas@Gmail.com
Website:
AlanSellsLasVegas.com

Alan Taylor, Prudential Americana Group REALTORS ®Agent to the biggest
celebrities in the world……..You!

Author: Alan Taylor

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Henderson Nevada Homes For Sale Could Be A Great Fit

One of the hardest parts of finding a new place to live is figuring out exactly what you want from your community and environment.  This could mean finding the right schools for your children or the best nightlife for you and your friends.  If you are in the market for a nice neighborhood that is just down the road from a major city, then you should certainly look into buying a home in Henderson, NV.

Proximity To Las Vegas

One of the best luxuries of living in Henderson is how it is its own, self serving community while also being a small commute away from Las Vegas.  This is a great dynamic to have.  You will be able to live a relatively quite life during the day and have fun in the city at night.  This includes all of the casinos, bars and so forth that the city houses.

Fun In Henderson

Henderson Nevada Homes For SaleYou do not have to go into the city to have a good time, however.  There are plenty of great things to do right in the heart of Henderson.  For one, Cowabunga Bay, a new water park, is opening close to the Galleria Mall sometime this summer.  This will provide a great deal of fun for all involved.  Also, with great festivals like the Ren Fest coming to town every year, you will be able to have something truly entertaining to look forward to.

When it is all said and done, getting a home in Henderson, NV, could be a great fit for you and your family.  It is quaint enough to not ruin your homelife while being close enough to Las Vegas to give you easy access to other forms of fun.  If you are interested in buying a home in Henderson, please contact us.

If you, or someone you know, is looking to purchase or sell a home in Las Vegas or Henderson, please contact me anytime for more information about our current market or the home buying process. I’m available, 7 days, 8 AM – 9 PM.

702.340.6686

Click HERE for the latest, Up to date, neighborhood market analysis and statistics of various Las Vegas Communities and Schools.

TAKE ME DIRECTLY TO THE FREE MLS SEARCH PAGE.

Alan Taylor | REALTOR®
Prudential Americana Group, REALTORS ®
10777 W. Twain Ave. SUite 333
Las Vegas, NV 89135
Cell: 702-340-6686
Office: 702-340-6686
Fax: 702-507-0095
E-mail:AlanSellsLasVegas@Gmail.com
Website:
AlanSellsLasVegas.com

Alan Taylor, Prudential Americana Group REALTORS ®Agent to the biggest
celebrities in the world……..You!

Author: Alan Taylor

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Why Buy Las Vegas Condos and Town Homes for Sale Now?

During the heady days of 2006, you’d need a median $200,000 to get into a Las Vegas condo or town home, according to Zillow. Values dropped precipitously after that to a low of about $60,000 in early 2012.

As of this posting, the median value of a condo has bounced to $79,900, up almost a third in the 12 months ending July 2013. This number consists of the estimated value of properties that are not on the market and those for sale.

  • The median list price for a condo is $90,000, up more than 20 percent for the year. The median sale price is $90,300, up almost a third. Note how sellers are getting slightly more than they asked for from eager homeowners-to-be.
  • The lowest median sale prices are in Sunrise Manor at $51,500. The highest are on The Strip at $294,600.
  • The biggest yearly gain is in The Lakes at 169 percent to $198,800. The smallest gain is in Michael Way at 2.7 percent to $56,500.

If these prices don’t convince you to invest in the ever-rising prices of a condo, how about the affordable interest rates? Assume that you’re interested in a condo worth $90,000, have a great credit score of 740 or above, and want to put down 20 percent with no points. Here’s what you can expect to pay, according to Bankrate: (click the link and be sure to tell Spencer Valerio you are working with Alan Taylor)

Search ALL Las Vegas Condos and Townhomes For Sale Here

search ALL Las Vegas condos and townhomes

  • For a 30-year fixed loan, the annual percentage rate (APR) ranges from 4.38 to 4.72 percent in Las Vegas. This yields an estimated monthly payment of $449 to $463.
  • For a 15-year fixed loan, the APR goes from 3.38 to 3.79 percent yielding payments of $638 to $649.
  • For a 5/1 adjustable rate mortgage, which means payments are fixed only for the first five years, the APR runs from 3.07 to 3.34 percent. Monthly payments go from $386 to $423.

These are only examples. Your actual rates and payments will vary.

You want to buy Las Vegas condos and town homes for sale before prices and interest rates rise, so contact us right away.

 

If you, or someone you know, is looking to purchase or sell a home in Las Vegas or Henderson, please contact me anytime for more information about our current market or the home buying process. I’m available, 7 days, 8 AM – 9 PM.

702.340.6686

Click HERE for the latest, Up to date, neighborhood market analysis and statistics of various Las Vegas Communities and Schools.

TAKE ME DIRECTLY TO THE FREE MLS SEARCH PAGE.

Alan Taylor | REALTOR®
Prudential Americana Group, REALTORS ®
10777 W. Twain Ave. SUite 333
Las Vegas, NV 89135
Cell: 702-340-6686
Office: 702-340-6686
Fax: 702-507-0095
E-mail:AlanSellsLasVegas@Gmail.com
Website:
AlanSellsLasVegas.com

Alan Taylor, Prudential Americana Group REALTORS ®Agent to the biggest
celebrities in the world……..You!

Author: Alan Taylor

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Need a Las Vegas Rental Home?

If you’re looking for a rental house in Las Vegas, why not use a Realtor? That’s right, a Realtor. Better yet, why not use one who is considered a tenant placement expert? But wait, there’s more! How about one who doesn’t charge a fee for his services like Alan Taylor | REALTOR ®.

In order to succeed in finding the perfect rental, it’s necessary to have a “process” for locating AND, just as importantly, securing that rental. The competition for Las Vegas rentals is almost as fierce as that of the purchasing market.  Fortunately, Alan Taylor of http://www.alansellslasvegas.com/ fame has a process unlike any you could have possibly ever known of in any of your previous rental searches. You can read “The Process” in it’s entirety by clicking HERE. A word of caution, the document can seem very lengthy when read on a phone so a computer is recommended. Though the process may seem lengthy at first when you read it, be assured that with your cooperation, the entire process from start to finish can take only 2 days.

Free rental MLS searchAfter you’ve read “The Process” all that’s left is for you to call Alan Taylor in order to help him to determine when is the best time to get the process started. The timeframes that most property managers adhere to makes it easy to determine that. Once Alan Taylor applies  you for a rental, the property manager will need only 24-48 hours to process your application and subsequently issue an approval. From that moment they will typically give you no more than 24-48 hours to bring in the security deposit so that they can take the rental off the market and not show it to anyone else. They will then hold the property for you but typically for not more than 2 weeks. At some point during or by the end of that 2 week holding period, you’ll be expected to bring in the rest of the “get in” fees, including the 1st month’s rent, cleaning fee, pet fee(s), key fee, etc. and sign the lease.

Click HERE to immediately start searching all Las Vegas, Henderson, and North Las Vegas Rentals.

Search all Las Vegas Rentals nowKnowing the above time frames, it’s up to you to determine if you can afford to pay two rents at the same time due to any overlapping dates or if you would rather not do that (most people don’t want to). Some people are planners and are ok with having a week or 2 of overlapping rents while others don’t mind doing things last minute. In Alan Taylor’s expert experience, the ideal time to get things started would be 3 weeks before the date you want to sign the lease and move in to your new rental. That gives you a couple of days to search for the rentals and look at them and then apply you and let the time frames take place as mentioned above so that your place is held for you right up until the end of your 2 week holding period. You could get started 30 days before you’re ready to take possession of the new place if you feel 3 weeks is not enough time (2-3 weeks is PLENTY of time) but you run the risk of having the property manager insist that you sign the lease when the 2 week holding period is up and pay some prorated days of rent in addition to the first month’s rent.

Please call Alan Taylor as soon as you can so that the two of you can setup that appointment for his phone call that will get you started on finding the best rental, at the best price, in the shortest time, and with minimal inconvenience to you.

1. His services are free.
2. He has access to all the properties so you don’t need to contact numerous property managers in order to see multiple properties.
3. He can work extremely fast if you need a rental fast or slow things down and schedule to call you in the future if those are your needs.
4. He will help you with all aspects of the paperwork and get you ready to submit an application so that you can do so once you’ve found the one you like.

If you, or someone you know, is looking to purchase, sell, or rent a home in Las Vegas or Henderson, please contact me anytime for more information about our current market or the home buying process. I’m available, 7 days, 8 AM – 9 PM.

702.340.6686

Click HERE for the latest, Up to date, neighborhood market analysis and statistics of various Las Vegas Communities and Schools.

TAKE ME DIRECTLY TO THE FREE MLS SEARCH PAGE.

Alan Taylor | REALTOR®
Prudential Americana Group, REALTORS ®
10777 W. Twain Ave. SUite 333
Las Vegas, NV 89135
Cell: 702-340-6686
Office: 702-340-6686
Fax: 702-507-0095
E-mail:AlanSellsLasVegas@Gmail.com
Website:
AlanSellsLasVegas.com

Alan Taylor, Prudential Americana Group REALTORS ®Agent to the biggest
celebrities in the world……..You!

Author: Alan Taylor

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What is My Las Vegas Home Worth? Current Prices and Market Conditions

Knowing current market conditions and the values of recent home sales can help answer the question, “What is My Las Vegas home worth?” In a nutshell, house prices have risen in the past year ending June 2013, according to Market Insider, and interest rates are still low. These conditions make now an ideal time to buy or sell a home.

The estimated median value of all homes in the city, including those that are on the market and those that are not for sale, is $142,600. This is a stunning increase of 30.7 percent over the 2012 bottom but still affordable.

Your home may be worth more than you think! If your home was previously under water that may no longer be the case! Curious about how much your home might sell for? Get a free market analysis from an expert Realtor:

What Is My Home Worth

  • The median list price of a home is $160,000. The median sale price is $157,200, which represents 98.2 percent of the asking price. June saw the sale of 6,582 houses.
  • Winchester had a jump in value of 41 percent to $99,600. The median list price was $134,900 and the median sale price was $105,100.
  • The highest home value of  $236,900 was in Summerlin North, showing a 30.5 percent increase. The median list was $259,000 and the median sale price was actually higher at $260,800.

Monthly rents actually fell in Las Vegas by 4.1 percent to a median $1,050. Prices were highest at the strip at $1,800, although even this was a decrease of 21.6 percent. The lowest rents were in the Cultural Corridor at $530. The biggest increase in rent was at Desert Shores at 15.8 percent, followed by Rancho Charleston at 14.7 percent.

Interest rates for a 30-year fixed term are rising but are still at a reasonable 4.27 percent. The Mortgage Bankers Association sees this figure rising to 5.1 percent by the end of 2014.

Find out more about how these figures can help buy or sell a home. Contact us today.

 

If you, or someone you know, is looking to purchase or sell a home in Las Vegas or Henderson, please contact me anytime for more information about our current market or the home buying process. I’m available, 7 days, 8 AM – 9 PM.

702.340.6686

Click HERE for the latest, Up to date, neighborhood market analysis and statistics of various Las Vegas Communities and Schools.

TAKE ME DIRECTLY TO THE FREE MLS SEARCH PAGE.

Alan Taylor | REALTOR®
Prudential Americana Group, REALTORS ®
10777 W. Twain Ave. SUite 333
Las Vegas, NV 89135
Cell: 702-340-6686
Office: 702-340-6686
Fax: 702-507-0095
E-mail:AlanSellsLasVegas@Gmail.com
Website:
AlanSellsLasVegas.com

Alan Taylor, Prudential Americana Group REALTORS ®Agent to the biggest
celebrities in the world……..You!

Author: Alan Taylor

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