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Hank Lauzon III's Blog

By Hank Lauzon | Agent in Las Vegas, NV
  • Tips For Homesellers and Homebuyers - Beware Zillow and Trulia Estimates…!!

    Posted Under: Home Buying in Las Vegas, Home Selling in Las Vegas, Property Q&A in Las Vegas  |  July 1, 2014 6:39 PM  |  139 views  |  1 comment

                                                                                                                                                          
                                               "A TRUE STORY"....

    I received an email from a potential client.
    As a Las Vegas Realtor,... I get excited when I see a new inquiry in my email box. That means business for me and an opportunity to help somebody. 
    The email was sent from a nice couple in Chicago who wanted more information on a home that they had seen on Zillow. When I looked up the property information from the MLS service that I subscribe to,..The residence had already been sold 18 months prior to them contacting me. They were very disappointed, but I was able to find them another home that they were happy to get into.

    Another Zillow story comes to mind about a listing that I have at Angel Park in Summerlin. It is priced at $319,900 which is within market value parameters. A buyer’s agent called me and asked to make and appointment for a showing. A lady from Arizona was going to drive to Las Vegas to look at only this one property.  For the Homeowner and the Realtor, that is usually good news for a potential sale.  When she arrived in Las Vegas and toured the home,.. she found that she really liked it but was adamant about not paying over $180,000 for it because this is the price that Zillow had valued the property at. This one piece of misinformation not only killed the deal but it also wasted the time, expense and energy to the buyer who drove all that way to view the home as well as all other parties involved.

    These Zillow and Trulia "aggregate sites" access a summation of information from the various public sources that are available. They also duplicate partial multiple listing service records only to improperly regurgitate them back to the public. Although their property information is not always accurate, there are many Question and Answer pages as well as blogs from Realtors (such as this one) that will be informative to people who are interested in selling or purchasing real estate.

    If you are looking to Sell a Las Vegas Home, be sure to get your information from a reputable Las Vegas Realtor. A good Realtor will devote quite a bit of time and research to come up with a valuation for your property. We do not pull this number out of a hat….! An exhaustive search of recently sold homes combined with what is available for sale and what has gone under contract in the subdivision needs to be taken into consideration. If there is nothing to compare it too,  then we have to expand further into the surrounding area to find what we are looking for. Upgrades and amenities also need to be considered and added into the formula as an adjustment.

    If you are in the market to Buy a Las Vegas Home,… Your Realtor can save you countless hours of research by setting you up a custom home search from the MLS that will send only the homes that are available and meet your criteria direct to your email box. Your Realtor may also have a website that will allow you to set up your own search engine an alerts to be used and modified at your leisure.                                    

    For Accurate Real Time Information,…. Call A Realtor

    Las Vegas Realtor – Hank Lauzon

     

  • Tips For Homebuyers – Qualifying For Your Loan – Big Banks…!

    Posted Under: Home Buying, Financing, Investment Properties  |  June 13, 2014 10:14 AM  |  95 views  |  No comments



    How much house can you afford to buy?

    This is the first question that needs to be asked when you are considering your new home purchase.

    Getting qualified is the first necessary step to getting started.

    Your first instinct may be to go speak with the loan officer at the big bank where you keep your checking/savings account. Keep in mind that you are not obligated to use them. It is your right as a homebuyer to choose which lender you want to work with. It is also your right to choose which Home Warranty Company , Insurance Company and Home Inspector that you are comfortable with.

    Your banking institution will definitely be happy to help you, but this is not always the best option when it comes to getting a home loan.  Your loan officer is married to the guidelines of that one bank and their flexibility to help you is limited.  It has been my experience as a Las Vegas Realtor that the bigger institutions have a less efficient line of communication between their loan officers, the underwriters and their clients (you).

    At this point you may be wondering what other options are available to you….Mortgage brokers are a good place to start. They will have more financing selections for you to choose from.  

    Also, your Realtor will have preferred lenders that they have established working relationships with that they can recommend to you. If an agent is putting their name on a lender, then it’s a pretty sure bet that they have successfully closed transactions on time and they are dealing with someone who can handle the always present hiccups that transpire in all real estate transactions.

    BOTTOM LINE……. Shop around for a good lender,………!

    Las Vegas Realtor – Hank Lauzon

     

  • Tips For Homebuyers – Your Credit Score…!!!

    Posted Under: Home Buying in Las Vegas, Financing in Las Vegas, Investment Properties in Las Vegas  |  June 11, 2014 4:21 PM  |  132 views  |  No comments


    You have finally saved up for a down payment.

    You think you have great credit and your are ready to start shopping for your new home..

    Unfortunately,…when you get to the lenders office,… he/she has a different story for you.

     What Happened…?

    As a Las Vegas Realtor,.. I’ve seen this more then once.

     Did you co-sign on a friend or family members loan ?... Did they default months ago and not tell you about it..?

    Do you monitor your credit reports every 30 days with a reputable service to help dissuade identity theft.

     If you are considering purchasing a home in the near future,… be sure to safeguard your information and stay on top of all credit related items.

     Likewise,.. once you are under contract for you New Las Vegas Home, Do not make any purchases that will kill the deal at the last minute.  This includes ordering new furniture on credit or tapping into your savings account to pay for it in cash.

    It is much easier to prevent deter a potential disaster then it is to deal with it after it has happened.. 
     
                   

  • Angel Park Ranch - Home For Sale - Community Info...!!

    Posted Under: Home Buying in Las Vegas, In My Neighborhood in Las Vegas, Property Q&A in Las Vegas  |  June 9, 2014 3:02 PM  |  166 views  |  No comments


                                   
     300 Sunnyvale St  Las Vegas, Nv  89145
                  

    Located on the eastern side of Summerlin, this home is situated on a corner lot across from Angel Park and the Angel Park Golf Course.  Whether your walking or driving,..within a matter of minutes you can be at Tivoli Village or Boca Park for shopping or dining and entertainment. 

    If the excitement of Casino action is your type of preferred indulgence,..then you are in for more good news. Both the Suncoast and Rampart Casinos are located nearby. You would think that with all of the activity in the surrounding area, there would be the distraction of traffic and noise from the consumer marketplace.  However, the location of this Angel Park Ranch Community was planned in such a way as to minimize these factors. A casual drive through this well kept neighborhood will make it apparent that it is quiet and family friendly. There is no Home Owners Association and no HOA Dues, but there is a voluntary Architectural Committee that helps to ensure the integrity of the community.

    This four bedroom home features Aspen Wood Flooring and twelve inch tile throughout the living room and den. Wood flooring in the formal dining area adds to the variety and charm. The master bedroom includes a walk in closet and the smaller bedrooms are located at the other side of the residence. With a western exposure at the front of the home,…this gives plenty of shaded area to the back yard which will really be appreciated on those hot summer afternoons.     

                

     
                 

    Relax under the covered patio and listen to the waterfall or take a calming dip in the jetted hot tub. Are you security conscious ?  Each window is layered with Solar Protective Security Film and cameras keep a dutiful eye on the perimeter of the locale.

    How about a little after dinner exercise ?  The walking trails right across the street at Angel Park make it very convenient with mountain views and a sunset that can’t be beat. Are the grandchildren visiting this weekend ? The park also includes a playground for the little ones. Would you like to play a little tennis this weekend ? That can be arranged too…! On the east side of the park are full tennis courts open to the residents with no fees.  As a Las Vegas Realtor, I can really appreciate this unique location and I’m sure that you will too.

     Posted by Las Vegas Realtor – Hank Lauzon

  • Tips For Home Sellers and Buyers - Communication

    Posted Under: Home Buying in Las Vegas, Home Selling in Las Vegas, Home Ownership in Las Vegas  |  June 9, 2014 2:12 PM  |  245 views  |  No comments


                           
    Communication is the key to any good working relationship. Without it,…many problems may arise. Once you have decided to sell or buy your home, the next step will be to choose a Realtor. Getting a referral from a friend or family member who has closed a real estate transaction successfully with an agent is usually a good place to start. Interview several and then decide who will be a good fit for you.

    Chemistry with your Realtor is important. Be sure he/she understands your needs.   Likewise,..be sure that you are communicating effectively so that there are no grey areas.                            

    As a Homebuyer,....you are going to need to make clear exactly what it is you are looking for. What is the most important amenity to you ? …Location ?....When do you need to relocate by ?..                              

    As a Homeseller,...you need to clarify your motivation to sell, time frame and what you need to net from the transaction.

    Also,,... as a Las Vegas Realtor, it is my fiduciary responsibility to explain the Homebuying and Homeselling process to you so that you understand it. As industry experts, we sometimes use language that are everyday conversation to us and we don’t realize that our client may not understand a particular term or contract phrase.  There is nothing wrong with asking questions until you hear an answer that makes sense to you. If your agent isn’t communicating properly to you in the beginning,..then there is definitely potential for problems in the future.  Before you sign anything,… be sure that you and your Realtor have the ability to fully communicate to one another..           
     
                       

    Posted by Las Vegas Realtor - Hank Lauzon                                        

  • Tips For Las Vegas Home Buyers - Prioritize

    Posted Under: Traffic & Public Transportation in Las Vegas, Home Buying in Las Vegas, Investment Properties in Las Vegas  |  June 6, 2014 8:12 AM  |  232 views  |  No comments

    Las Vegas Realtor - Hank Lauzon


    When you are shopping for a new Las Vegas home,...Know what your priorities are. What is the most important feature or amenity that you are looking for ? Do you want a pool ?  An Open Floor Plan ? Top Grade Schools ? Do you need the home to be close to the highway, workplace or public transportation ? Do you need a big yard :?

    Make a list and then number them in the order of importance. Once you bring a Realtor on board....make it clear to that agent exactly what it is that you are looking for. Realtors have an arsenal of tools that they subscribe to that can fine tune your search to just the types of homes that you want to see. You will find that by prioritizing your wants and needs list as a first step. It will greatly diminish the hours of time and energy needed to find the perfect home for you and yours.

    Posted by Las Vegas Realtor - Hank Lauzon

  • Las Vegas Real Estate Questions...? Ask Hank...!!

    Posted Under: Home Buying in Las Vegas, Home Selling in Las Vegas, Investment Properties in Las Vegas  |  June 6, 2014 1:08 AM  |  185 views  |  No comments





    Its been my experience, that there is one common denominator almost everybody needs when they are considering getting involved in a Las Vegas "Real Estate Transaction" 

    INFORMATION...!

    People want to know how the buying/selling process works. They need to know about the safety factor in different communities. Are we currently in a buyer's or a seller's market ? 
    What are prevailing rates at this time ? Is the market appreciating or pulling back ?
    Home Inspections, Appraisals, Due Dilligence, Short Sales, Foreclosures, Financing Contingencies, Grant Programs, Rehab Loans, Mortgage Credit Certificates,...The list goes on and on. 

    If you are deciding to Sell, Buy or rent a home in Las Vegas, Henderson, Boulder City or any of the surrounding communities such as Summerlin, Desert Shores, Providence or Aliante,... I would be happy to answer any questions that you may have.

    I've set up a new page on my website for inquiries from the public.

    If you are a little confused about the Home Buying Process or you are considering selling your home and need to know what the first step will be,.. I'm happy to help.

    If you are considering investing in Las Vegas I can provide you with the local area Real Estate Market Conditions. 

    Thinking about renting.... I can help you find the community that will suit your lifestyle.

    Feel free to send me any questions that you can think of...
    I am a full time Realtor ....This is my job...
    Just click the "ask Hank" link below and I will get back to you with a no nonsense answer in a timely manner....

                             ASK HANK........

    Posted by Las Vegas Realtor - Hank Lauzon


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