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Adrienne, Home Buyer in 22192

Is too early to start the buying process? What's our next step?

Asked by Adrienne, 22192 Thu Jan 22, 2009

We live in VA and are moving to Vegas in June 09. We have worked with a mortgage lender to know how much house we can afford, etc but do not have a realtor yet. We are interested in this house, but what should our next step be since we live so far away? How does buying a house in another state work - obvioulsy it's more difficult but should our realtor be finding us properties and then we schedule a trip to Vegas to look at them? Is it to early to start the buying process? As first time home buyers it's very overwhelming!!

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Hi Adrienne,

I noticed that you have a lot of great answers already. It is always a good option to get to know the areas, and certainly now is a good time to start looking at things online. I usually set my clients up so that they receive listing directly from the MLS that meet their criteria. I've worked with a lot of out of state clients and one of the challenges they often have is listening to well meaning friends that think there is only one or two places in Las Vegas to live. Las Vegas has some wonderful master planned communities in many locations. You didn't mention if you are retired or you are transferring to a job here. If it is for a job, you naturally will want to look at travel time. If you have children you may want to look at schools. I'm a great listener and would be happy to help you find what meets your needs. My website also includes some valuable information including links to the school district and crimeview. All of these will help you determine where you want to live. Is the lender you are talking with located here in Nevada. If not I would strongly suggest that you speak with a lender here. It will make the transaction go more smoothly. Please call me on my cell phone or email me so that we can set up a phone appointment to really get you started. Additionally, I have several investors that have corporate condos that when you arrive could potentially supply lodging. These are set up to just bring your suitcase to-like a motel-but much more reasonable and a great deal more room. Marilyn-(702) 348-7146
0 votes Thank Flag Link Thu Jan 22, 2009
Hello Adrienne,
I would recommend for you to get familar with the area by reading local publications or blogs so that you can learn as much as you can to familarize yourself prior to your traveling here. I would encorage you to find a Realtor that has indepth knowledge of the area and first start locating the area of the Valley you would like to reside in. Maybe you want to be close to work or school or whatever. Our system of title transfer maybe a little different than you are used to because we do not require attorneys to facilitate the process. A title company handles all the paperwork, pays off the sellers loan and records the deed. I would be happy to assist you in this process- I am a native Las Vegan and have helped several people relocate here from other parts of the Country! Please feel free to contact me directly if you have questions about the process at 702-523-4953!

Cordially,
Joseph Ruggeroli
0 votes Thank Flag Link Thu Jan 22, 2009
Hi Adrienne,

Congrats on your decision to move to our wonderful city of Las Vegas. There are many great communities to live in here. You will definitely want to do some research on which areas you are more interested in. A good Realtor will recommend certain areas and give you a description of each area.

It is never too early to at least build a relationship with a Realtor prior to you moving out here. I would be happy to start working with you as your Realtor since you do not have one yet. I have helped many first time homebuyers and many out of state buyers as well. I make it easier for them by being their eyes and ears over here in Las Vegas. If you truly wanted to, you could ultimately purchase a home without even stepping foot into it. I am more than happy to start sending you properties that match your specific criteria between now and the time you decide to move. Once you find a few that you like, I usually do a lot of homework on those properties so you have a full understanding of their situations and descriptions.

My advice is to not pick out those homes until you are about 45-60 days from moving here. The reason is because many homes in this market are selling quickly and you don't want to fall in love with a home just to find out it is sold by the time you are able to make the purchase. Let me know if you would consider working with me as your exclusive Realtor. I would love to speak with you over the phone so I can give you more details as to what I do for my clients that are in your situation. Feel free to call me at your convenience. My contact info is below. Good luck and hope to hear from you!

Len McGuirk, Realtor
Prudential Americana Group
Cell: (702) 203-6688
LenM@AmericanaGrp.com
0 votes Thank Flag Link Thu Jan 22, 2009
Adrienne, it's never to soon to begin to learn how to make a wise decision involving a financial obligation this large. Take your time and inform yourself about your options and goals. Learn what you can about the market you're interested in. Compare information....Learn what you can about the employment outlook and economy in your market..watch prices...be informed.

http://hud2.towerauction.net/cgi-bin/e7_search.cgi ..check places like this.

http://bankofamerica.reo.com/search/propertysearchresults.as…

http://www.mortgagenewsdaily.com/wiki/REO_Database_List.asp

http://www.trulia.com/home_prices/Nevada/Las_Vegas-heat_map/ ...Use Trulias inteactive map.
http://www.bhgrealestate.com/Views/Look/Default.aspx ..... Good information based on the county records
Becoming as informed as possible and choosing the representation you use wisely, will actually save you time and money.

Good hunting, Dunes
0 votes Thank Flag Link Thu Jan 22, 2009
Adrienne,

Yes, starting to review properties in your price range is a good way to start. Next step would be to identify the area of the valley that would interest you.
It’s a process and my job is to make it as easy and enjoyable as possible.
I wish you luck and review my website for further information.

Bill Johnson
(702) 553-6543
Coldwell Banker Wardley
0 votes Thank Flag Link Thu Jan 22, 2009
Adrienne,

I think it is not too early to start the preliminary stages of the process. I would not start to search for the exact property for you yet, but I would concentrate more on what areas you are most interested in. I would also research the schools if that is a consideration for you. You should start by talking to anyone you know who lives here in Las Vegas. If you do not have any family, friends or co-workers who live here your best bet will be to choose a Realtor who knows the areas very well. I have been a Las Vegas resident since 1974 and have been a licensed Realtor for the last 8 years.

I do recommend you take a trip out here to look at the neighborhoods firsthand and see what you like and what you do not. This will make the whole process smoother. I know the process can seem overwhelming for someone who has not done it before.

The specific home you provided the link to will probably no longer be available in June 2009. That is ok, because there are plenty of good properties in your price range and new homes come onto the market daily. I would recommend you get serious about looking at individual properties about 60 days before you would like to move to Las Vegas. I would schedule a trip to town and ask your Realtor to block off time for you during your stay. I would also suggest you stay for three days minimum to allow for a thorough search and time to submit the offers. When you are looking at homes try to come up with a 1st, 2nd and 3rd choice of homes that could work for your family. This gives you a plan B and plan C in the event your first choice property does not work out.

I work with many out of state clients and would love to help you find the property to fit your families needs.

Ron Johnson
Elite Realty
702-595-9743
rjrenv@cox.net
0 votes Thank Flag Link Thu Jan 22, 2009
Wow Adrienne, what great questions and we certainly understand your situation. The only worry you have about shopping to early, is that many of our Las Vegas properties are getting multiple offers and are gone within days. That being said, we have a lot of inventory here to choose from. We always tell our buyers to start actually viewing homes when you are able to buy. You can buy a home from out of state and at least start the process. With our out of state buyers, we set them up on an MLS internet viewing first. They choose the homes that most interest them and we call the agent to find out the status. We are able to go out to the properties and take additional pictures for you, walk through the home etc. You can even make an offer from where you are, but you would have to be prepared to purchase the home within a general 30 day timeline. We would love to work with you and you can reach us at 702-604-7739 or email us at sold@theballengroup.com. Feel free to visit our website and search the Las Vegas MLS in live real time stats by clicking: http://www.ballenandballen.com/Las_Vegas_MLS_Search/page_212…
or you can click from our home page listed below.
0 votes Thank Flag Link Thu Jan 22, 2009
Hi Adrienne,

Congratulations on your upcoming move to Las Vegas. I don't think you could have picked a better time to come here.

To answer your question impartially, you should choose a Realtor now who is web-savvy and can provide you with all the information you need, be your eyes for you before you get here, create virtual tours and property overviews of any property you're interested in, so you can make the best decision before submitting an offer.

Once you have an accepted offer, that's when you'll want to come out to see the home in person, to see if you want to move forward with that home. Yet, that's just the home. You also want to consider your areas, too. What's important to you and your family, what do you want to be close to? How do the HOA fees and taxes affect your monthly payment will also determine where you want to live.

I encourage you to speak with a few Realtors by phone to get an idea of their experience with relocation buyers and what their existing clients have to say about them as well.

I wish you the best of luck and hope to meet you once you arrive in Las Vegas!

Sincerely,
Mark Karten
The Karten Group
Realty Executives of Nevada
702-301-4878
800-756-4640
0 votes Thank Flag Link Thu Jan 22, 2009
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