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Home Buying in 89147 : Real Estate Advice

  • All20
  • Local Info1
  • Home Buying11
  • Home Selling0
  • Market Conditions0

Activity 8
Wed Jul 13, 2016
Angelica P answered:

We didn't get enough information about your problem to resolve the issue. Please provide us with complete property address and we will be happy to assist you.

For future reference, you can feel free to contact us about this type of inquiry through our contact form here:

Thank you for using Trulia!

Consumer Care Advocate
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0 votes 1 answer Share Flag
Fri Jul 8, 2016
Edison Chen asked:
good time to buy a house in vegas or wait to next year? I'll pay by cash so don't care about interest rate.need some Local expert advice. Thx!
0 votes 0 Answers Share Flag
Thu Dec 10, 2015
Jayrogers1306 answered:
Finding the best deal on a mortgage can be a challenge because fees and rates change daily, sometimes more than once a day. You should consult a professional. Please find this url. ... more
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Sun Jun 28, 2015
Bagwasi Stella answered:
I'm Lady Lopez of the Church finance the loan, a legitimate loan lender, we give loans to businesses to invest and to solve financial problems, our loans easily and share capital of $150 million usd, plans to grant private loans short and long term, a term ranging from $500 $100 million usd for all serious people, reliable, and integrate you want to make the loan. My interest rate of 2% if you are interested in our offer please contact us at, LADYLOPEZLOANINSTITUTE@GMAIL.COM

Name: Lady Lopez

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0 votes 5 answers Share Flag
Mon Apr 20, 2015
Melvin List answered:
I would reach out to a local mortgage broker. Most brokers have access to either lenders with no overlays or Alternative documentation programs.

Thank you,
Melvin List
Licensed Mortgage Loan Originator, NMLS# 243087
American Mortgage Services CO NMLS# 259805
Cell: 813.629.5478
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Sun Apr 19, 2015
Rich answered:
Hello, If you need help to raise your credit scores fast, feel free to contact us.
We specialize in raising FICO score dramatically in weeks, not months or years.

As a matter of fact one of of our most recent clients we raised his score from 552 up to 729 in 3 weeks.

Hope This Helps

IZM Credit Services

(702) 758 - 3799
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Thu Apr 16, 2015
Donna.wrich answered:
A foreclosed property is one the bank has taken back and is now selling. A short sale is one that the bank has not taken back yet. The seller is attempting to sell the home for less than what is owed on the property. If a seller takes your offer on a short sale, the bank will need to approve guarantees.

You can find a good price on a traditional sale also, so you should continue to consider those also, as long as they fit in your budget.

If you would like me to find some homes for you to look at, contact me.

Best of luck! Don't get discouraged. It is all worth it once you have the keys to your new home in hand:)

Shelter Realty
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0 votes 13 answers Share Flag
Mon Jul 28, 2014
Robert Adams answered:
Honestly there is a lot of different ways to calculate expenses and repairs on a investment property. Some people are very conservative in their estimates while other are more aggressive. Before purchasing a property you will know the fixed expenses and then you will have to calculate the variable expenses however you see fit. Vacancies and repairs are a wild card. I choose to calculate it more conservatively figuring high on expenses and low on revenue so that at the end of the year I have planned for the worst and can be happily surprised if the numbers come in better than expected vs the other way around.

Some people use what is called the 50% rule also. This is where you take the yearly rent collected and divide it by 50% for all expenses, repairs, and vacancies. Now that prices in Vegas have gone up considerably over the past few years this estimated 50% is less conservative but still a good rule of thumb. I would dig deeper into the fixed expenses once you have an actual subject property.

Right now in Vegas after calculating all of these costs you can typically plan on getting around 4- 5% CAP rate on your money. We work with a lot of investors here in Vegas. If you would like to discuss the market or your investment plan further please feel free to contact me directly. Either way best of luck with your investments!

Best Regards,
Robert Adams
Licensed Real Estate Broker in NV, MA, & RI
NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies

MA & RI Real Estate Broker at Sankey Real Estate
C: 508-250-0345
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