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Home Buying in 89109 : Real Estate Advice

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  • Local Info3
  • Home Buying12
  • Home Selling1
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Activity 9
Mon Sep 21, 2015
My NC Homes Team answered:
This is a public forum for other Realtors/Lenders to respond to, no one at Trulia ever reads these questions (hence all the SPAM) Here's the customer service number 800-381-8279
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Tue Mar 25, 2014
steven khalilzadegan answered:
If you are looking for an investment that takes care of its self you may want to look into a Hotel Condo like Palms Place, MGM Signature, Trump or Vdara in City Center. When you purchase in these towers you can use them as much as you would like while you are in town and when your gone the hotel will rent it out for you and take care of it. You can find more information on High Rise Hotel Condos on my website below.

http://www.LasVegasHighRiseCondoLiving.com

Hope this helps. :)
Steven Khalilzadegan
Broker/Owner
Savi Realty
702-810-6039
... more
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Wed Mar 19, 2014
Angela Brasser answered:
That depends. Keep in mind that the southern and western areas of your home can be the hottest, depending on your landscaping - trees in particular. If your living areas are in the north part of the home, you may be fine - though a little warm at bedtime. ;) ... more
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Tue Mar 11, 2014
Joseph Roraff answered:
Check out this video explaining FHA 203k loans...
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Fri Jul 26, 2013
David Cooper answered:
Buyer in a short sale is really at the mercy of the bank. What proof, in writing, that BofA harmed you. Did you lose money

David Cooper
Investing in Las Vegas since 1994
READ MORE http://www.lasvegaswinner.org
1-888-616-6226
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Mon Apr 8, 2013
David Cooper answered:
The Wall Street Equity Firms have invested 5 Billion Dollars in Single Family Homes for Rentals. They have done all the research.

David Cooper invested in Las Vegas since 1994
http://www.lasvegaswinner.org ... more
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Mon Nov 19, 2012
Irina Karan answered:
Best to read your contract and all addenda - especially the one from the lender.
The reason the agent is asking for it could be spelled out there.
In addition to the contract, ask your agent why the inspection report is required by her.
It could be their office policy or a state law.
If a state law, your contract should reflect it though.

Hope this helps,

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
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Wed Sep 2, 2009
Andrew Jones answered:
Hello Mary,

I recenty wrote a blog called ‘Old’ Las Vegas: The Only Homes Actually on the World Famous Strip' which you may find helpful. Here's a link.

http://www.trulia.com/blog/AJonesREALTOR/2009/07/old_las_vegas_the_only_h


Best of Luck.
... more
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Sat Jun 13, 2009
Emmanuel Scanlan answered:
Hello Luyas,

This is in relation to your other post http://www.trulia.com/voices/Home_Buying/Why_do_I_need_to_give_a_proof_of_inspection_or_wal-136269. I just finished answering it but will also post the same response here. Your original post stated you had an "Oral Only, no written report" inspection performed and now the Agent wants a copy of the report. This was my reply in the other thread:

Hello Luyas,

I'm the type that likes to read and learn, even if it is outside of my geographical area. I was actually doing that when the email notification of this post came up.

Just out of curiosity I went through the Nevada Real Estate Division Web site at http://red.state.nv.us/index.htm. I could find nothing in the rules and laws (Nevada Revised Statutes, http://www.leg.state.nv.us/NRS/) that specifically required what you have described. Is it possible that there was something in your "Buyer Agent Representation Contract" that might have required this or a waiver be signed?

I would ask your Agent for specifics if this is possibly a local brokerage requirement, a REMAX requirement or possibly just a misunderstanding? I will agree with any RE Agent/Broker/Brokerage that requires a waiver of inspection statement be signed by a client. It is very prudent for them to protect themselves and their brokerage operation for decisions they have no control over.

Damon and Luyas,

Now there is one very real possibility as to why the Agent is adamant about obtaining a copy of the report. I do stand corrected on the use of oral reports only as far as Nevada law is concerned.

You specified that you did call an Inspector and have them perform an inspection of the property. According to the Nevada Real Estate Division's (NRED) Rules and SOP for "Inspector of Structures" http://www.leg.state.nv.us/NAC/NAC-645D.html#NAC645DSec450:

"NAC 645D.450 Conduct of inspection, partial inspection or reinspection; preparation of inspection report. (NRS 645D.120)

1. Except as otherwise provided in this section, a certified inspector shall conduct each inspection and prepare a complete inspection report of each inspection in accordance with NAC 645D.460 to 645D.580, inclusive."

This is just my opinion and I would verify it with the NRED. If I am correctly reading the NRED Rules the Inspector MUST issue you an inspection report and it MUST follow the guidelines listed in this rule. I find nothing in the NRED rules that would allow a properly licensed Inspector to depart from the requirement of issuing a report. Here in Texas we must also provide the standard report form but are allowed to depart from certain aspects if we have the full agreement and understanding of the client as to what they are about to receive. None the less we must still provide the state mandated report form.

You have obviously advised your Agent that you had this oral report only formatted inspection. I would expect your Agent is a very smart person and also very adept at their job! As RE Professionals (all of us) we have one major responsibility and that is to ensure our clients are treated fairly, properly and within the laws and rules that we are bound to. Your Agent might feel they have found a rogue Inspector operating outside of the laws. Your Agent might in fact be protecting you and your purchase from possible future repercussions.

With that said I would have to ask if you have any proof that you even hired an Inspector? Did you sign a contract with the Inspector? Did you pay the Inspector by check or credit as a record? If you have no paper trail to connect you, that Inspector and that property then you could be taking a large chance. If you have problems in the future with that home it now becomes a "He said, she said" case and very hard for you to prove negligence on the Inspector's part.

Let us know how this progresses.

Emmanuel J. Scanlan
PS Inspection & Property Services LLC http://www.psinspection.com
214-418-4366 (cell)
TREC License # 7593
International Code Council, Residential Combination Inspector #5247015-R5 (Electrical, Mechanical, Plumbing and Building)
Certified Infrared Thermographer (ASNT-TC1A Standards)
Texas Residential Construction Commission, Third Party Warranty Inspector #1593
Texas Residential Construction Commission, Inspector, County Inspection Program
Texas Department Of Insurance, VIP Inspector # 08507061016
Hayman Residential Engineering Services, Field Technician
CMC Energy - Certified Energy Auditor

Knowledge is power, but sharing knowledge brings peace!!
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