Home Selling in 89142 : Questions & Answers

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Kathy Black, Real Estate Pro in 89131
Kathy Black answered:
If one has met with an agent and took her advice on selling their home, is it considered poor form to then not use her?
If you had your own business and provided quality advice to potential clients in order to help them, how would you feel if they took your free advice and gave their business to some one ... more
0 votes Share Flag Wed May 22, 2013 Home Selling in Las Vegas
Jason Schiel…, Real Estate Pro in 89135
Jason Schielke answered:
I have a condo (paid off) that I want to sell so I can buy a house, will it cost me any money to sell it? How much does a realtor charge? Closing cost
Good Morning,

There are no set commission costs, however, the average total commission is about 6% in Las Vegas. Closing costs will vary between 1-3% depending how the buyers offer ... more
0 votes Share Flag Fri Nov 7, 2014 Home Selling in 89108
Betty Gammon, Real Estate Pro in Las Vegas, NV
Betty Gammon answered:
Does buyer have to pay commission to the broker?
There are two fees to which you might be referring in the purchase of a residence:
1) It is common for brokerage firms to charge both the buyer and seller a fee called compliance ... more
0 votes Share Flag Tue Aug 20, 2013 Home Selling in Las Vegas
Suzie Marqua…, Real Estate Pro in Las Vegas, NV
Suzie Marquardt answered:
Question 1. Can escrow papers be signed at the realtor's office or at the buyer's home? I thought papers must be signed at the title company.
Escrow can be signed in your home or wherever is necessary. Many times the client is out side of the state where the transaction is being completed. The escrow company or the loan offic ... more
0 votes Share Flag Fri Feb 15, 2013 Home Selling in Las Vegas
Robert Adams…, Real Estate Pro in Las Vegas, NV
Robert Adams Broker NV, RI, MA asked:
Fannie Mae Triple dipping at home owner's expense? -Fannie Mae approves short payoffs at ridiculously high prices like the example I gave below.

-No one buys them.

-Fannie Mae forecloses or gets the property back in deed in lieu

-FAN...
0 votes Share Flag Tue Feb 5, 2013 Home Selling in Las Vegas
Robert Adams…, Real Estate Pro in Las Vegas, NV
Robert Adams Broker NV, RI, MA answered:
What is the average “days on market” for listings in Las Vegas?
DOM is not accurate due to short sales that sit in escrow for months and months.

Best Regards,
Robert Adams
Broker/Salesman
The Adams Team at
Rothwell Gornt Companies
C:702-349- ... more
0 votes Share Flag Sat Mar 16, 2013 Home Selling in Las Vegas
Steven Goldm…, Real Estate Pro in Las Vegas, NV
Steven Goldman, CRS, Realtor answered:
What are the 10 most important questions to ask your realtor?
#1. How much do you charge? Answer is typically zero to the Buyer. Sometimes, if the price is low or the agent is greedy, they will charge a flat fee. Some agents charge just because th ... more
0 votes Share Flag Thu Jan 31, 2013 Home Selling in Las Vegas
Nakia Woodson, Real Estate Pro in Las Vegas, NV
Nakia Woodson answered:
If one agreed to buy a house and has now changed their changed mind, how do they cancel?
Hello,

This question is best answered by an attorney, after they review your written agreement. A GENERAL answer is to submit an immediate cancellation in writing to the seller and ... more
0 votes Share Flag Fri Apr 4, 2014 Home Selling in Summerlin South
Steve Mikrut, Real Estate Pro in Henderson, NV
Steve Mikrut answered:
If one's home has been listed with an agent for over three months and they are not happy. What options do they have?
It depends on the length of the listing contract. Look at page 1 of the listing agreement and it will outline the term of the contract.

If you are unhappy with something that's being ... more
0 votes Share Flag Fri Apr 4, 2014 Home Selling in Summerlin South
Diggity, Real Estate Pro in Las Vegas, NV
Diggity answered:
Can someone explain what is a reconveyance fee? Is it separate from the title insurance, and escrow fee that I am already paying?
Here is the definition of a reconveyance fee and yes it is a separate fee from the other fees you pay at title. reconveyance n. in those states which use deeds of trust as a mortgage on ... more
0 votes Share Flag Wed Jan 23, 2013 Home Selling in 89179
Jeff & Kelly…, Real Estate Pro in Las Vegas, NV
Jeff & Kelly Stafford answered:
What if the buyer's appraisal is lower than the sale price when one is closing the sale?
The contract specifically addresses this question. It states that three things can happen:
1. seller can come down (usually happens)
2. buyer can come up (or split difference, etc.) ... more
0 votes Share Flag Wed Jan 23, 2013 Home Selling in Sunrise Manor
Betty Gammon, Real Estate Pro in Las Vegas, NV
Betty Gammon answered:
Which expenses are sellers responsible for?
It varies depending on the type of sale it is (a short sale, equity sale, etc.) and the type of financing the buyer is receiving. FHA and VA have their specific guidelines, but with co ... more
0 votes Share Flag Sun Jan 27, 2013 Home Selling in Sunrise Manor
Pat and Steve…, Real Estate Pro in Westlake, OH
Pat and Steve Pribisko answered:
Our bankruptcy lawyer promised that we would get a home credit exemption if we surrendered our house in bankruptcy - i.e. of a short sale.
Pamela, there is more to your story than you can possibly write here. I suggest that you consult with another attorney regarding your issues.
0 votes Share Flag Wed Aug 7, 2013 Home Selling in Las Vegas
Adrian Ornel…, Real Estate Pro in Las Vegas, Las Vegas,...
Adrian Ornelas answered:
Is it typically normal for buyer to pay all closing coasts? And if not, when is it more appropriate or likely to be asked to pay all closing coasts?
In any normal home purchase the buyer pays for Buyer's Closing Costs and the seller for the Seller's Closing costs. In a buyer's market it is common for a seller to pay ... more
0 votes Share Flag Mon Dec 24, 2012 Home Selling in Las Vegas
Steven Shluk…, Real Estate Pro in Henderson, NV
Steven Shluker answered:
What are the top 10 questions everyone should ask their realtor?
The questions differ whether you are selling or buying.
But I suggest you ask if the realtor is a full time professional or a part timer, how long they have been a realtor, have they ... more
0 votes Share Flag Thu Mar 20, 2014 Home Selling in Las Vegas
Nadia Lewis, Real Estate Pro in 89120
Nadia Lewis answered:
What do inspectors look for during the inspection?
WALK-THROUGH
HOME INSPECTION CHECKLIST

The following are "SOME" typical problems or occurrences to look for in the major components and systems of the home while doing an ... more
0 votes Share Flag Fri Dec 28, 2012 Home Selling in Las Vegas
Suzanne MacD…, Real Estate Pro in 07856
Suzanne MacDowell answered:
Why I have to use agent to sell my house?
You don't. There are lots of other websites where you can advertise your home for sale by owner. And you can do all the things that need to be done, or pay an attorney to do all the t ... more
0 votes Share Flag Sat Jan 5, 2013 Home Selling in Las Vegas
Hamza Ibrahim, Real Estate Pro in 38139
Hamza Ibrahim answered:
In a short sale, how much time does it take between the appraisal and the closing?
I will do my best to answer this question as simply as possible.

Basically, the large factor in the amount of time from appraisal to close in a short sale is the bank itself & the am ... more
0 votes Share Flag Wed Oct 16, 2013 Home Selling in 89135
Myra Gouger, Real Estate Pro in 89135
Myra Gouger answered:
what are houses listing for on an acre ,4 b,2 bath ,wale water,and several sheds?
Depends on the quality of the property and where the property is located. As for selling part of your acre to the guy next door, even assuming that he wanted to buy it, you run into a z ... more
0 votes Share Flag Thu Nov 22, 2012 Home Selling in Sunrise Manor
Laura Feghali, Real Estate Pro in Stamford, CT
Laura Feghali answered:
can we split the acre and sell the back half to the people next door, ??
Hi Holly,
I suggest that you check with the city's local zoning department to determine if the land can be sub-divided. Most municipalities have rules in place for minimum acreage r ... more
0 votes Share Flag Fri Nov 23, 2012 Home Selling in Las Vegas
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