Are Dated Appraisals Holding Back the Recovery?
Are Dated Appraisals Holding Back the Recovery? By Andrew King Some of the most beaten down real estate markets are finally experiencing that long-awaited bounce back from the crash. Cash offers are yielding more sales. Pent-up demand is driving prices higher. But something’s missing. Brokers in the faster markets, such as Nevada, California and Florida—where […]
What is going on with appraisals today??!!
What is going on with today’s home values??!! Whether you’re a buyer or seller in today’s market, it’s probable you’ll encounter appraisal issues! Low inventory, likely due to AB284, has caused an all-out bidding frenzy for the few homes on the market today. Prices are regularly being bid higher by anxious buyers, and prices set […]
What’s Going On In The Market Today?!
Current inventory on the Las Vegas market is quite low today, which has caused a home-buying frenzy unlike we’ve seen in years! Any given property today will REGULARLY have multiple offers within days of listing, and often sell for MORE than the listed price! What’s a buyer to do? First and […]
Buying A Home With Past Credit Problems
Buying a home can be both exciting and stressful but, for those with past credit problems, the process may also seem intimidating. The good news is that many lenders have adapted to the idea that many hopeful homeowners simply need a second chance, which means that past credit problems no longer have to define your […]
Buying a house, sight unseen?
Never before today in my real estate career have I encountered so many folks who are buying property, sight unseen. In today’s busy, busy world of real estate purchases, more and more out of state and foreign buyers are wanting to invest in the Las Vegas housing market. I personally think NOW NOW NOW is the time […]
Is it possible to obtain home financing after short sale or a foreclosure?
As Realtors, one of the first things we do is make sure the buyer in our car has the ‘ability’ to buy: either they have cash funds to purchase, or they need financing. Buyers who’ve had a short sale or a foreclosure often think it’s the end of the road for them…. that due to their impaired […]
Lending can be a nightmare…. or a dream :)
Have your financing ready to go!! Today’s lending environment has changed. Gone are the days of simply “fogging a mirror” as proof of life to obtain a home loan. Lending in the past few years has become MUCH more detailed and complex – your lender will require much from you, and they’ll need 45 days to […]