Home Buying in 89074 : Questions & Answers

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Robert Adams…, Real Estate Pro in Las Vegas, NV
Robert Adams Broker NV, RI, MA answered:
short sale and home inspection.
Knowing the condition of the home is the first step. From there you can weigh your options and see if you want to proceed with the sale or not. If you still want the home you can get wr ... more
2 votes Share Flag Thu Sep 25, 2014 Home Buying in 89074
Mark D Fleys…, Real Estate Pro in Las Vegas, NV
Mark D Fleysher, MBA answered:
can i get my earnest deposit money back if i fail to get a reasonable policy for homeowners insurance? My loan is contingent on financing.
Your financing is not contingent upon you getting a "reasonable insurance policy"... in fact, you can finance and get insurance later (and if you don't, they'll auto charge you for one) ... more
0 votes Share Flag Tue Aug 21, 2012 Home Buying in 89074
Steve Mikrut, Real Estate Pro in Henderson, NV
Steve Mikrut answered:
What area in Las Vegas is best to look in, if I plan on buying a condo to rent out?
The Falls, Vistana, Copper Creek, etc. They are all over and they sell and rent like hotcakes.
0 votes Share Flag Tue Feb 14, 2012 Home Buying in 89074
Mark D Fleys…, Real Estate Pro in Las Vegas, NV
Mark D Fleysher, MBA answered:
what are the effect of non refundable deposit in a land transaction?
Hello Shady,

What is the non-refundable deposit for? Is it for the land transaction itself, or for the agent's commissions? Something sounds funny here...
0 votes Share Flag Tue Jan 25, 2011 Home Buying in 89074
Joni Greer, Real Estate Pro in Tarzana, CA
Joni Greer answered:
CAN I GET MY EARNEST MONEY DEPOSIT IF I FAIL ON MY MORTGAGE LOAN? WHATS'S THE STANDARD?
Melissa,

I understood your question to be if you can get your EMD back if you fail on paying your mortgage, rather than if you fail to obtain a loan on a purchase. If this is your ... more
0 votes Share Flag Tue Nov 2, 2010 Home Buying in 89074
Stephen Mess…, Real Estate Pro in Las Vegas, NV
Stephen Messner, 702-882-1235 answered:
WHAT HAPPENS IF I WIN OR ACCEPTED ON MY MULTIPLE OFFERS? HOW DOES IT WORK IF I WANT TO BACK OUT ON SOME OF THEM? WHAT ABOUT MY EARNEST MONEY?
Andrew,
I would suggest to set down with your agent and talk about this, it seems that he/she did not go over this when you put the multiple offers.
0 votes Share Flag Tue Nov 2, 2010 Home Buying in 89074
Leticia Hixs…, Real Estate Pro in Chino, CA
Leticia Hixson answered:
DO BUILDERS GUARANTEE THE HOUSE THEY BUILT IF BUYING THEIR RESEL FORECLOSED HOME? YEAR BUILT 2005. IT SEEMS THERES A PROBLEM WITH THE ROOF IN
It depends on the builder. Best bet is to call them directly if they are still in business and find out. Hopefully they will honor it.
0 votes Share Flag Tue Oct 19, 2010 Home Buying in 89074
Roeder and A…, Real Estate Pro in Las Vegas, NV
Roeder and Associates answered:
i put a bid on short sale,now ready to close but prices have gone down in the neighborhood, how honest is the appraisal who is friend with the lender
Appraisals are order independently and remain third party invovlement in a sales transaction. The most accurate a Realtor can suggest a value would be based upon recent sales (comps) of ... more
0 votes Share Flag Thu Sep 9, 2010 Home Buying in 89074
Lori Beardsl…, Real Estate Pro in Woodstock, GA
Lori Beardslee answered:
What are the chances of successful short sale, with BPO completed so far?
Good questions. Yes, many short sales have prior bank approval. I have worked on bank short sales that already had approval from the bank if the short sale offer came in at 85% of the ... more
0 votes Share Flag Wed Sep 8, 2010 Home Buying in 89074
Bill Bentley, Real Estate Pro in Las Vegas, NV
Bill Bentley answered:
What are the advantages & disadvantages for the seller's agent to represent us as well?
In any Real Estate Transaction, an agent has certain duties and responsibilities to their client. When an agent becomes a dual agent (if the parties agree) he/she will have inside infor ... more
0 votes Share Flag Tue Jun 29, 2010 Home Buying in 89074
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