June 2022

Inspections

Why would it be important having Inspections prior to actually listing your house on the market for sale? In our area, it's typically customary for the buyers to pay for their inspections, but where would it be advantageous for a seller to actually do them prior to going active on the market? We don't always recommend this, but this can save you time and money. As the seller, you want to be...

What to Disclose?

To disclose or not to disclose? Disclosing anything that has ever been repaired, replaced, modified, added, fixed or changed is very important and will help keep you out of litigation. And it's essential to go over all the disclosures prior to going and putting your home on the multiple listing service or prior to a buyer seeing the home. We want them to have previously viewed the disclosures...

Home Valuations

How do I know what my home Is worth? How do you determine what you should actually sell your home for? Here are just a few things to consider when purchasing in the Vegas Valley area: Size, condition, location, marketing and negotiating all of these things have a huge effect on the price. You need to make sure that you are comparing the size, just like an appraiser would. In most cases, there isn't...

Contingency Timeframes

Now we're in contract prior to contingencies being removed. Now we're in business. We have to go through the contingency timeframes. The buyer now looks to secure their loan, having inspections on the property and review all of the reports and disclosures. During the contingency time frame, the buyer can back out of the home, if they're not happy with what they discovered on any of the reports,...

What are Contingencies?

What are contingencies? "Contingencies are when a buyer has made an offer on a home and the seller has accepted it but the final sale is contingent upon a certain criteria being met." This criteria, or contingencies, typically fall under four4️ major categories: Appraisal, Loan approval, Inspections, and Reports & Disclosures. This is when buyers have the time to do their due diligence...

Should I Take the First Offer?

Should you take the first offer that comes in? You shouldn't! I just shake my head when I hear the seller say that they sold their house in just one day. If you take the very first offer, you're not allowing time for the home to be exposed to everyone. The goals for your home is to be seen by the masses and then to make sure that you're getting the highest price and the best terms for your home. If...

Negotiations

How do you negotiate during a transaction? Make sure you let the professionals do the negotiating for you. You may think that you're being nice, but you never know what you say that might actually kill the deal or cost you an enormous amount of money. Negotiations are another key factor when selling, so you want to hire an agent who has had extensive training in negotiations. You wouldn't believe...

Receiving Offers

What happens once we've received offers on your home? Knowing how to properly negotiate on your behalf is essential not only to getting you the most amount of money on your home, but also negotiating the best terms for you. Once you receive offers on your home. There are a few essential components that actually need to be done prior to meeting with you to discuss the offers. We vet all the buyers...

Is it a Good Time to Sell?

Are we headed into a recession and is now a good time to buy or sell? Does unemployment factor the likelihood of a recession being right on the corner as predicted earlier in the last couple of years is starting to lessen according to several economist and analysts across the country? I know this can be so scary and I see how devastating it can be and how it can create panic and chaos. Let's...

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