Posted by Marie Poppins on April 18, 2020 in Real Estate
Home selling tips in Las Vegas Buying real estate in a good school district makes it a lot easier when it comes time to sell your house in the future. Whether you’re looking to downgrade as an empty nester or upgrade into a larger house to support your family, a top school district is a big-time selling point in real estate. If you buy in a bad school district you run a greater risk of your home depreciating because you are appealing to a much smaller buyer pool. We recommend our buyers focus on specific neighborhoods vs. focusing on cities or larger areas. The neighborhood you live in is going to have a direct impact on you. What are you looking for in a neighborhood? Address this question early on in the home buying process because buying in the wrong neighborhood is a surefire way to be remorseful about buying a house.
Buying more house than you can afford. It’s easy to fall in love with homes that might stretch your budget, but overextending yourself is never a good idea. And with home prices still rising, this is easier said than done. How this affects you: Buying a home that exceeds your budget can put you at higher risk of losing your home if you fall on tough financial times. You’ll also have less wiggle room in your monthly budget for other bills and expenses. What to do instead: Focus on what monthly payment you can afford rather than fixating on the maximum loan amount you qualify for. Just because you can qualify for a $300,000 loan, that doesn’t mean you can afford the monthly payments that come with it. Factor in your other obligations that don’t show on a credit report when determining how much house you can afford.
After narrowing the search to 2 or 3 homes, your agent will do whatever research is necessary to aid you in making your decision. Ultimately, however, it is your decision. Some tools that can help you make that final decision include school reports (if you have or are planning on having children), statistical information from the local chamber of commerce, future zoning or road expansion from local planning offices, etc. Whatever the factors of importance are to you, have your agent help locate that information. Once you have selected a single home to focus on, your agent will conduct a comparative market analysis on that property. This involves determining “fair market value” by looking at what other buyers were willing to pay for properties similar to yours in the same neighborhood or area.
Today’s buyers are very educated about comparable sales in your home’s area. You want your home to look like it is a great deal. In order to compete with other sellers, you should have your Realtor provide you with sales prices for similar homes that have already been sold in your area. Find out what your home is worth and then set your selling price 15% to 20% lower. By doing so, you will get multiple bids and more than likely end up with a bidding price that is well over what your home is worth. Discover even more info at Home selling tips in Las Vegas, NV.
Many people buy properties in Las Vegas, NV because it’s a fabulous travel attraction. The Mirage Hotel is easy to identify while walking along the Strip. In front of the resort is a volcano, which erupts at regular intervals. At night, the glowing red fire shooting out is one of the most unique sites visible from the sidewalk. Inside the Mirage is the Secret Garden and Dolphin Habitat. You can see a wide variety of exotic animals, including white lions. The Dolphin Habitat contains a large number of trained dolphins in its 2.5-million-gallon pools. The High Roller Ferris wheel is at the far end of the Linq Promenade, just off the Strip. This huge Ferris wheel stands 550 feet high and takes thirty minutes for one full rotation, providing outstanding views over the strip and surrounding area from the capsules. Each cabin, as they are called, can hold up to 40 people. Views are particularly outstanding at night with the city lights in full glow.
Quite often investors are willing to pay cash for a home and with the recent tightening of financial restrictions, coupled with the growing number of complaints about low appraisals, having a cash buyer has become even more appealing. “I Need To Sell My House Fast In Las Vegas!” No worries… we can assist you. We Buy Houses Anywhere In Las Vegas And Other Parts of Nevada, And At Any Price. Click here: Check Out How Our Process Works. We’re Ready To Give You A Quick Fair Offer For Your House! We’re Truly Here To Help You Make The Best Decision. Explore additional info on gr8housebuyers.com.