the mayol realty group: Las Vegas Real Estate Values: The Outlook for 2014
- 02/26/14 09:09 AM
If there is one question that homeowners and prospective shoppers have in common as we enter the New Year, it’s about the direction of Las Vegas real estate values in 2014. Small wonder: the financial market meltdown of the last decade had such a profound impact on all forms of real estate that it still has many people looking nervously over their shoulders. How likely is another tumble in the coming 12 months? Will real estate values in Las Vegas continue to rise? Knowing the answer could make a big difference to anyone planning to buy or sell a home in … (0 comments)
the mayol realty group: First-Time Buyers Should Check Credit Scores Early
- 02/25/14 08:27 AM
It can take years for Las Vegas first-time buyers to save up for their first home’s down payment, but even after that hurdle has been cleared, it can take even more time to secure a mortgage -- if they have neglected the other part of the equation. Their credit rating. Before first-time buyers in Las Vegas will be able to move forward with that initial home purchase, they need to ensure that their credit score does not raise the kind of questions that sometimes derails an otherwise well-qualified home loan applicant. This has always been true, but may become even more … (1 comments)
the mayol realty group: Three Simple Tips Increase Your Las Vegas Home’s Perceived Value
- 01/31/14 01:03 PM
Even when it is clearly necessary, if you’re like most of us, you feel a built-in reluctance to sell your Las Vegas property. Those four walls (okay, I know there are more like 40 or 80, but bear with me) contain all the furnishings and other possessions we gather through the years to create our family’s unique environment. When we come through that front door, we feel more comfortable than anywhere else on Earth. But your home is also an investment (and what a colossal one it is!). That’s why the decision to sell your Las Vegas property—disconcerting though it may … (0 comments)
the mayol realty group: One Decision Las Vegas Home Sellers May Not Even Consider…
- 01/25/14 03:28 PM
When you put your home on the market, one of the decisions it’s easy to overlook is whether to engage a Las Vegas home stager. Especially if you know you have a good eye for décor or have experience in the visual arts, it may not seem necessary to call in a heavy-duty home staging pro to get your place in shape to sell. It’s certainly not a requirement for listing, but using a professional home staging company can be invaluable for a number of practical reasons: Your home is lived-in That doesgive it a warm, comfortable feeling, but that’s seldom … (0 comments)
the mayol realty group: Buying a Home in Las Vegas If the Inspection Goes South
- 01/24/14 05:31 PM
You’re nearing your goal of buying a home in Las Vegas! You have zeroed in on a property, submitted your offer, and heeded your agent’s advice and ordered a home inspection. Soooo…what if the inspector finds major issues nobody expected? While most home inspections only uncover small problems that can be fixed easily, some do turn up serious issues. In 2013, 16% of Realtors® reported sales that went off track due to the inspector’s findings. What’s your best course of action if that happens? Buying a home after major problems have been identified should only proceed after you know how … (2 comments)
the mayol realty group: Disclosing Las Vegas Property Flaws Improves Buyers’ Confidence
- 01/16/14 11:09 PM
Imagine that you have just moved into your new Las Vegas property, and suddenly you are up against some serious flaw you knew nothing about. Added on top of the normal moving turmoil: now there’s this! You didn’t have a chance to fix things up before you moved in because you were totally in the dark concerning the problem. Imagine the frustration, disappointment, and anger… Enter: lawsuit. In other words, for you as a seller, there are some pretty convincing reasons to do unto others as you would have them do unto you. A disclosure is a written statement describing your … (0 comments)
the mayol realty group: Is It Time to Move On from Your Las Vegas Empty Nest?
- 01/16/14 11:14 AM
The kids are gone. Your big house seems either dreadfully empty or just plain wasteful. Congrats: you are officially in possession of a Las Vegas empty nest! Now it’s time to consider where and how you want to live next. When Do You Sell? It's not a bad time to be selling in Las Vegas—but since you will be buying, too, you would have to deduce that it might not be the perfect time to be on that side of the table. When you are swapping your full-sized family home for a snug nest for two, you want to get full … (0 comments)
the mayol realty group: Positive Language Makes a Las Vegas Real Estate Listing Pop
- 01/13/14 06:06 AM
Sometimes what you don’t say in your Las Vegas real estate listing can be as important as what you do. Your marketing will necessarily include all sorts of numerical info your agent enters for Las Vegas' MLS – but the main text itself is every bit as crucial. That paragraph has to be more than a summary of structure and land because it’s actually your most important ad. Your agent must accurately describe the home while simultaneously reaching out to appeal to the corps of potential buyers. Certainly, the most glaring shortcomings will always sour a real estate listing (bad photos, … (2 comments)
the mayol realty group: How a Las Vegas Home Warranty Lessens Buyer Uncertainty
- 01/12/14 01:48 AM
Consumer confidence certainly seems to wax and wane in a not-totally-predictable manner. What does seem clear is that when the future is cloudy, Las Vegas homebuyers tend to tighten up their purse strings. It’s logical: if you can plan ahead with a greater degree of certainty, you feel better about making the kind of commitment buying a Las Vegas home entails. If you plan on selling your home in Las Vegas this winter, you may not be able to do much about whether the economy grows or tanks, or the Federal Reserve expands or shrinks the money supply. But there IS … (0 comments)
the mayol realty group: Easy Mistakes For First-Time Las Vegas Home Buyers To Make
- 01/08/14 10:37 PM
According to the National Association of Realtors®, nearly 40% of home buyers will be first-timers this year. In other words, if you are new to the housing market you are certainly not alone. Since first-time home buyers in Las Vegas experience the same learning curve as anyone everywhere, reviewing some of the more common missteps can spare them some of the angst those common mistakes cause. Some examples: 1) They Don’t Check Their Credit Score New home buyers focus on the seller’s asking price, but don’t realize how greatly their credit score will affect how much they actually pay. They know … (0 comments)
the mayol realty group: Understanding the Bank’s Position Leads to Short Sale Success
- 12/24/13 06:12 AM
A Las Vegas short sale is a transaction in which the amount paid is not sufficient to cover the existing mortgage or property liens. Once the lender agrees to accept the lesser amount, the short sale succeeds, the lender calls it even with the seller, and all parties can move forward. It’s a good thing to ‘unfreeze’ a property, yet short sales in Las Vegas can be tricky to close. In the worst-case scenario, a buyer and would-be short seller can be put on ice for a full year or more before the short sale succeeds. As is evident to anyone … (0 comments)
the mayol realty group: Dim Photos in a Las Vegas Listing Usually Leads to Dimmer Results
- 12/08/13 03:33 AM
The photos that make up your Las Vegas listing will be key to your home’s marketing effort. If that first impression is positive (or even if it only raises curiosity), those images will have helped you past the all-important first hurdle. What makes a Las Vegas listing a visual triumph? I’m afraid that belongs in realm of art, so to a certain extent remains unclassifiable. But some factors that inevitably prevent a good listing shot are a lot easier to describe. Chief culprits: We’ve all seen listing photos where you can barely to make out what you’re supposed to be looking … (0 comments)
the mayol realty group: Las Vegas Home Sellers Bolster Results by Attention to Minor Details
- 12/05/13 12:55 PM
Although the housing market continues to improve, it’s not quite time for the next wave of Las Vegas home sellers to reserve the moving vans. Especially for home sellers who are on the verge of listing their property, it is time to pay attention to the smaller details that would seem inconsequential, but which can nonetheless determine a prospective buyer’s level of enthusiasm (hence, the size of their offer!). One of the humblest details that can go unattended is grout. Honestly. A flawlessly tiled shower or kitchen splashboard can go unnoticed if the grout looks as if has gone bad. The … (0 comments)
the mayol realty group: Difference Between Prepping for In-Person and Virtual Tours
- 11/29/13 04:38 AM
Virtual tours in Las Vegas can be potent selling tools over the coming holiday season. To make the best use of those tools, it’s important to prepare your home with the special requirements of the medium in mind. How doing so differs from prepping for in-the-flesh showings is a subtle but real distinction. Some photographers use a couple of tricks: Close One Eye Virtual tours are assemblages of still or video shots —raw material that is all filtered through the single lens of a camera. When anyone walks through a home, they do so with both eyes open. They experience a … (2 comments)
the mayol realty group: Tight Lending Standards Create More Seller Financing
- 11/22/13 09:54 AM
November's Mortgage Credit Availability Index shows a slight relaxation in lending standards — but as most Las Vegas home buyers and sellers will agree, getting a mortgage is still difficult. With mortgage availability benchmarked at 100, although it’s currently at 111 ½, compared with the 800 it stood at in 2007, today’s is still a tough environment. That’s why Las Vegas seller financing is being considered by more homeowners. When a home is owned outright, seller financing can draw a higher selling price (with future interest payments as a bonus). But before making such an offer, Las Vegas homeowners need to … (0 comments)
the mayol realty group: Inspection Can Prevent Drug-Growing Nightmare
- 11/20/13 02:15 PM
This could be any new Las Vegas homeowner’s worst nightmare: shortly after closing on their new house, a family in Canada discovers over $100,000 in hidden damages — the kind of damages that have to be fixed before the house can be deemed safe for occupancy. The cause? HGTV’s Mike Holmes made the discovery after doing a proper inspection on the property: the dream home they’d just bought had previously been used as an indoor marijuana-growing operation! Believe it or not, it’s an increasingly familiar scenario. Last year alone, our own U.S. DEA busted more than 2500 “grow-ops.” The damage such … (2 comments)
the mayol realty group: Mistakes to Avoid As a First-Time Home Buyer
- 11/18/13 11:24 AM
When a Las Vegas first-time home buyer begins hunting for the prize that has to serve both as a satisfactory home base and a solid investment, most feel a mixture of excitement (a home is a landmark achievement!) and maybe just a touch of apprehension. Like any expense you’ve never encountered before, it’s appropriate to take extra care the first time out — and to pay attention to what experience teaches. Along those lines, here are some mistakes that are easy for a first-time home buyer to make. Fortunately, they’re also easy to sidestep: 1. Waiting for a better rate Adjustable … (0 comments)
the mayol realty group: The Mayol Realty Group closes another transaction!
- 09/11/13 01:25 AM
#TheMayolRealtyGroup Congratulations to Tina Robnett of The Mayol Realty Group! She closed her very first transaction on 9/5/13 and picked up her check yesterday afternoon. Way to go Tina! This is just the first of many!
Marcelo V. Mayol The Mayol Realty Group Realty One Group 702-812-9990 MarceloMayol@yahoo.com www.VegasHomesDistress.com www.ShortSaleInfoLV.com<!--EndFragment--> … (0 comments)
If there is one question that homeowners and prospective shoppers have in common as we enter the New Year, it’s about the direction of Las Vegas real estate values in 2014. Small wonder: the financial market meltdown of the last decade had such a profound impact on all forms of real estate that it still has many people looking nervously over their shoulders. How likely is another tumble in the coming 12 months? Will real estate values in Las Vegas continue to rise? Knowing the answer could make a big difference to anyone planning to buy or sell a home in … (0 comments)
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