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Home Buying in 89148 : Real Estate Advice

  • All36
  • Local Info5
  • Home Buying9
  • Home Selling3
  • Market Conditions2

Activity 6
Robyn Jones, Renter in Enterprise, Henderson,...
Mon Aug 29, 2016
Robyn Jones asked:
We are disabled/retired with concerns about future. We have had credit problems and no savings. Ideally we would love to have a small single story home. Currently paying $1300 rent for house.…
0 votes 0 Answers Share Flag
Kyle Brennan, Real Estate Pro in Las Vegas, NV
Wed May 21, 2014
Kyle Brennan answered:
Send me the address and I can get you a very accurate home value assessment.

Kyle Brennan
Horizon Realty
kvegasre@gmail.com
702 785 2526
http://www.buyingsellinginlasvegas.com/ ... more
0 votes 13 answers Share Flag
Kyle Brennan, Real Estate Pro in Las Vegas, NV
Wed May 21, 2014
Kyle Brennan answered:
As an agent myself. I would say definitely interview, ask around, read reviews, and just get an overall snapshot of the agent before working with him or her. You want to be able to click with your agent. I would hope your agent would be very straight forward with you about the entire process as well. That's one of the most important qualities an agent can have.

Kyle Brennan
Horizon Realty Group
702 785 2526
http://www.buyingsellinginlasvegas.com/
... more
0 votes 6 answers Share Flag
David Cooper, Real Estate Pro in Los Angeles, CA
Wed Jul 24, 2013
David Cooper answered:
Since you own a rental house, your 2nd home will be require higher credit worthiness. That FICO score will make or break your loan application. It would help answer your question if you got your TRUE Fico score at myfico.com.

David Cooper Investing in Las Vegas since 1994
READ MORE http://www.lasvegaswinner.org
702.499.7037
... more
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David Cooper, Real Estate Pro in Los Angeles, CA
Wed Jan 16, 2013
David Cooper answered:
They didn't do this in secret. There was a board meeting where this was proposed an adopted.
I assume you weren't there.


David Cooper Foreclosure Investor
http://www'lasvegaswinner.org ... more
0 votes 3 answers Share Flag
Ron Johnson, Real Estate Pro in Las Vegas, NV
Tue Jul 28, 2009
Ron Johnson answered:
Pat,

I think you have some excellent information already provided to you in the previous answers. I just have a couple of points to add.

1.) Do not use the list price to judge what to offer on a property. For example if you are looking at purchasing a 2000 sq foot single story home in Southern Highlands. Have your agent pull all the closed recorded sales of similiar homes in this area in the last 90 days. In my example, lets say the sales price of these comps range from $170k to $200k. If a new listing comes on the market and the asking price is $150k even if you offer $15k over list price you are setting yourself up for failure. Base your offers on the comps not on the list price.
2.) Maybe you should be looking at Short Sale properties in addition to the REO's. I know they can be frustrating, but there is way less competition making offers on these right now. If you had originally made an offer on a short sale when you first started looking you might be in your new house already. I am advising my clients to not rule out short sales. Short Sales can be a good option for buyers who are finding it tough to compete with the all-cash offers that are common on REO's right now. Short sales also usually have no problem paying up to 3% of the sales prices towards the buyers closing costs and it is really tough to get the REO's to agree to this right now with the competition.

Good luck with your search.

Ron Johnson
Elite Realty
702-595-9743
... more
0 votes 6 answers Share Flag
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