las vegas home sellers: Lenders Could Prevent Many Foreclosures by Allowing More Short Sales
- 05/30/08 03:17 AM
A short sale is when a bank will allow a home seller to sell for less than they owe the bank. Sellers often need to move and buyers often want to buy but the current home value is less than the mortgage amount. Banks are all that stand in the way. Ironically, they end up losing more money by foreclosing, relisting the property, and managing the assets. According to CNN: "Lenders are taking much longer than necessary to approve short sales, accordingto Duane LeGate, of House Buyers Network, a short sale specialist." If you have more questions about short sales or … (0 comments)
las vegas home sellers: Forbes Ranks Las Vegas Fastest Growing City
- 11/05/07 01:29 AM
Las Vegas reportedly ranks as America's fastest growing city. Since 2000 it has grown some 30% in population. New home builders have been developing real estate in the area at a frenzied pace. Until recently real estate agents had all sorts of options for finding buyers and sellers. Though the market has slowed some, the city is still growing at a considerable pace.Last week we were in Mountains Edge and saw a hand full of communities. There are no signs of halted development in the valley for years. We saw some great homes at great prices in great locations.The growth of … (1 comments)
las vegas home sellers: Las Vegas Listing Agents
- 10/10/07 03:28 AM
A Las Vegas listing agent is a professional Las Vegas real estate agent or Realtor® who is experienced or specialized in helping sellers market a home. Their services include helping you determine the real market value of your home, helping you market the home, and aiding you in the closing process of that home.A Las Vegas listing agent should have a strong marketing plan. You will want as many potential buyers to view your home as possible. He should be networked well and have a strong technology background because so much marketing is done on the internet and via email these … (0 comments)
las vegas home sellers: Troubles Selling a Las Vegas Home?
- 10/01/07 03:09 AM
Many Las Vegas homes are just sitting and sellers are wondering why. Ask some questions that will help you get the best market value for your home.Is Your Las Vegas Home Priced Correctly?The Las Vegas market will determine how much your house will sell for. In the end it will sell for what a buyer will pay for it. Your emotion and what you think your home is worth don't necessarily equate to the actual selling price. You can't "give your home away" if no one is willing to take it. A good agent will sell the house for as much … (0 comments)
las vegas home sellers: Get Full Las Vegas Market Value
- 09/26/07 03:35 AM
It is critical that you set your Las Vegas home's price correctly. Most buyer activity occurs during the first 4 to 8 weeks that a home is on the market. The last thing you want is for your overpriced home to grow stale on the market. You may have to sell it for even less than if you would have priced it correctly in the first place. Las Vegas agents compete for the right to help you sell your property. Many of them will over promise and under deliver. They will promise you whatever price you want to hear so they … (0 comments)
las vegas home sellers: Selling a Home? Disclose, Disclose, Disclose
- 08/08/07 11:25 AM
Home sellers become much safer from potential litigation and headaches by disclosing any issues or items with a home during the due diligence period or any period for that matter. When a home owner puts his/her house on the market they should take special time on and documentation the real estate agent suggests for property disclosure. Make sure everything is in the open that needs to be.Each real estate market has its own legal requirements for real property disclosure. In some cases, there are some gray areas. A lawyer or a Realtor will be valuable resources when advising or guiding a … (1 comments)
las vegas home sellers: Private Financing May Help Sell a Home
- 07/23/07 06:54 AM
As interest rates continue to rise, some sellers are considering private financing. In other words, they are setting the lending terms with buyers to help them get into the home they are buying. A move like this ties up the cash for the seller but in many cases, it helps them get moved on to another home while the new buyer pays a premium to own the home.If the new buyer ceases to make payments according to the agreement arranged a the time of purchase then the seller forecloses on the property and sells it again.Participants in a negotiation like this … (0 comments)
las vegas home sellers: To Buy First or Sell
- 06/26/07 06:56 AM
I just got off the phone with a client looking to sell her Las Vegas property and we had the age old discussion: to buy first or sell. She found the new home she wants and plans to list her home and time it right for the completion and close of escrow of her new home. However, she may need the money from the home for sale to put down on the new home. And, she only wants to move once.Well, in the end she will be selling, renting, and then closing. There are a handful of factors that go into … (0 comments)
las vegas home sellers: A Stager's 4 Biggest Challenges
- 06/25/07 10:13 AM
Stagers can be a huge help to selling a home. Sometimes they bump into issues. The 4 biggest challenges they may have are: Owners don't want to change their decor - Sellers can't be forced to change their home around. However, tactful language can help accomplish the goal. A piece of furniture or clutter items can be described a special and moved into storage to protect them.The listing has languished on the market for months before the owner of sales person calls a stager - If a home needs staged it should be done early on in the listing so the house … (0 comments)
las vegas home sellers: Las Vegas Seller's Processes and Guide: Sell Quickly, for the Best Price
- 06/18/07 08:09 AM
Your Las Vegas home may likely be your largest, most valuable asset. You decision to sell it is a big step. These tips will help you know what you must do to prepare for the sale. As you begin the home-selling process seek for ways to protect yourself, save money, reduce stress, and stay in control of your situation. Understand Why You Are Selling Your Las Vegas HomeDetermine what is motivating your home sale because it will affect the marketing plan and schedule as well as decisions down the line in the negotiation. A quick sale will usually not net quite as … (0 comments)
las vegas home sellers: Selling a Las Vegas Home "For Sale By Owner"
- 06/13/07 06:46 AM
Some Las Vegas home owners want to give a shot at selling their home themselves. Ironically, the phone begins to ring and the majority of calls are made by real estate agents trying to list their home. What most who try to sell their own home don't realize is that they will be competing against all of the homes in the community that are being marketed by Realtor's with special tools and years of experience. It will likely be challenging and very frustrating.It is important to educate yourself and prepare yourself for the ride. If your marketing plan is not well … (0 comments)
las vegas home sellers: Listing a Las Vegas Home
- 05/30/07 12:41 PM
The number of home listings in Las Vegas has continued to grow since the beginning of the year. More and more homes have been put on the market. Local authorities in the valley suggest this increase will create a new norm. Expect the current number of homes to remain steady. Many believe this 6-7 months of inventory still represents a very healthy market. Steady prices support that theory.So, what is a listing? Getting back to basics for all potential sellers, a listing is a contract. A home seller agrees to allow a brokerage (and respective agent) to market a home to … (0 comments)
las vegas home sellers: Home Improvement: Kitchen Cabinets
- 05/24/07 02:53 AM
Older homes tend to need a facelift and other improvements, especially in some of the high traffic areas. One place we notice often has needs of a touch up especially when preparing to sell a home: kitchen cabinets.New kitchen cabinets can be expensive so we sought out tips on resurfacing existing cabinets and doors. We found a couple of articles with tips and advice on what to do to repair/improve the old surfaces preparing for a home sale: DYI Network: Staining Wood Cabinets Home123: Do-It-Yourself Cabinet Refinishing Ideas Homedoctor: Cabinet RefacingIt seems there is quite abit of effort that goes into restaining … (0 comments)
las vegas home sellers: Upsizing Las Vegas Real Estate
- 05/21/07 09:59 AM
Moving up is exciting. New family additions or higher income usually accompany a move to a larger Las Vegas home. It is important to determine what you want. Let us help you narrow down your needs. You will want a smooth transition from one Las Vegas home to the next. Ask yourself questions about privacy, where family members will go, how close you need to be to schools, work, parks, etc. Upgrading to a new home means your budget will likely change. Go through your finances to get all straightened out. Build Your Real Estate TeamYour Las Vegas real estate team should … (0 comments)
las vegas home sellers: Selling a Home in Las Vegas: Get it Priced Right
- 05/07/07 06:36 AM
Properties in Las Vegas are valuable properties. However, the market determines the value...it always has and always will. If a home seller wants to cash out of a property for whatever reason (i.e. relocation, move funds within a portfolio, etc.) they need to get it priced right from the beginning.The ability to test the Las Vegas housing market at this point is less flexible than in recent years. Every home seller wants the most amount of money for their property and they want it sold within the least amount of time. Well, what does every buyer want? They want the home … (0 comments)
las vegas home sellers: Las Vegas Home Sellers Beware
- 02/21/07 04:39 AM
We are in a Buyer's market. They are in the driver's seat these days, steering for great bargains across the valley. Resale houses are taking longer to sell - up to three or four months, compared to two weeks or less when the market was hot - and some sellers are accepting lowball offers. Gone are the waiting lists and overnight campouts as anxious buyers competed among one another for new houses. Gone too are the bidding wars for resale houses and above listing price offers. Instead, a number of home-sale indicators show how the Las Vegas Valley is now experiencing a … (0 comments)
las vegas home sellers: If You Sell It, Will Buyers Come?
- 02/21/07 04:34 AM
The spring months bring spring fever and people get restless. Home buyers and sellers begin to make their moves. Last year, the premiere of television advertising spots titled, "Don't Try This at Home," the National Association of Realtors® encouraged home sellers to protect what could be their largest investment by enlisting the help of a professional. "Selling a home is like climbing Mount Everest," said Thomas M. Stevens, NAR president and senior vice president of NRT Inc., from Vienna, Va. "If you don't prepare correctly, you'll never achieve your goal. Getting a signed contract is like reaching the peak, but that's only half … (0 comments)
las vegas home sellers: Las Vegas Seller's Schedule
- 02/21/07 04:27 AM
Selling a Las Vegas home can be exciting for many. You will want the process to be as smooth as possible so you will want to get started early and stick to a well thought out plan and schedule.Seller's ScheduleThe time tables for selling vary depending on the dates established for you to close escrow on the home. Often a 30, 45, or 60 day escrow can be used depending on your market and your brokerage. Keep in mind, your agent and loan officer will be doing many things behind the scenes during the process. This list is suggested to keep … (0 comments)
las vegas home sellers: Staging My Las Vegas Home
- 01/30/07 10:27 AM
There is a technic used for aiding in the sale of a Las Vegas home. It is called Staging. Staging a home means a seller either hires someone or studies up on how to present their home so that Las Vegas buyers see it in its most optimum presentation. Most people live in a home that is comfortable to them. However, their tastes and comforts may not be what someone else would like. Many studies have been done on interior design and decorating so that new home builders can appeal to the maximum audience.If you want your Las Vegas home to … (0 comments)
las vegas home sellers: Las Vegas Seller's Process and Guide: Sell Quickly, for the Best Price - Part II
- 01/23/07 08:23 AM
Continued from yesterday... Clean EverythingA Las Vegas buyer wants to do as little work as possible when they move in. They want to feel their new home is clean and sanitary. Be diligent in cleaning all aspects of the house. Hire help if necessary to get the job done well. You don't want to send any message that the home isn't fit and clean. Manage Smells and OdorsYou may not realize but odd smells like traces of food, pets and smoking odors can kill deals quickly. If prospective buyers know you have a dog, or that you smoke, they'll start being aware of … (0 comments)
A short sale is when a bank will allow a home seller to sell for less than they owe the bank. Sellers often need to move and buyers often want to buy but the current home value is less than the mortgage amount. Banks are all that stand in the way. Ironically, they end up losing more money by foreclosing, relisting the property, and managing the assets. According to CNN:;)
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