Saturday, November 29, 2014

Is Now a Good Time to Sell Your Las Vegas Home?

Is it a good time to sell your home in Las Vegas? In many ways, now is the perfect time to sell your Vegas home, and here is why.

For the first time in years, the Las Vegas housing market is showing strong signs of stabilizing. Foreclosures, REOs and short sales are making up a very small portion of the market, compared to a few years ago when these sales made up the majority of the market.

Selling your house now means that you will be selling to traditional buyers, and not so investors whose main goal is to get your property for the cheapest possible prince.

Another great reason to put your home on the market now is the huge rise we've seen in property values over the past 2 years. There is a good chance you can put your home on the market without it being a dreaded short sale. Only around 30% of current homeowners now owe more than their home is worth, compared to over 70% a few years ago!

And finally, now is a great time to find a buyer! We are currently suffering from a low inventory of homes for sale compared to the amount of buyers in the market. As the economy continues to improve, more people are once again looking to buy a home. New construction is once again becoming competitive, so now is a great time to sell your home fast for a great price.

If you are thinking about selling, the first step is to get a current comparative market analysis (CMA) to determine the accurate value of your home in today's marketplace. We offer FREE CMA's - all you have to do is contact Mary Kay at 702.686.2695 today to find out what your home is currently worth.

Saturday, November 22, 2014

Renting a Home in Las Vegas

Las Vegas has a tight Rental Market
Las Vegas is a great place to live and, as residents know, it is much more than just The Strip. The city has so much to offer in the way of shopping, dining, recreation and the arts, that no matter what your interests, you will find plenty here to occupy you.

Home buying in the city has become easier over the last several years, with interest rates dropping and new loan programs arriving on the scene. However, many people in Las Vegas do not own a home, but they rent. In fact, 48% of the housing market is comprised of renters, with an average vacancy rate of around 10%, which means only 1 in every ten rental units is available at any given time.

The low vacancy rate combined with the high cost of rent - the average rent is around $1150 per month - and the intense application process, makes the Las Vegas rental market extremely competitive and makes renting a home in the city almost as challenging as buying a home. For these reasons, many people who are looking to rent rely on a Real Estate Agent to help them navigate the rental market and ultimately find the perfect home.

Using a REALTOR to find a rental is free; Agents get paid by the landlord/property management company, so there is no cost to the home seeker. Agents also have access to the largest listing of rentals in the city; the MLS (Multiple Listing Service). We access the MLS for rental units just like we do to find homes for home buyers which means we can help you narrow down your search and make hunt for your new home as painless as possible.

The Foster Beckman Group would love to help you find your new home. We work closely with all of our home buyers and renters to help you find the right home at the best price for the least amount of stress! Call us today at 702.686.2695.

Friday, November 21, 2014

Why You Need a Home Warranty No Matter How Old Your Home Is

Mechanical systems and appliances break down when you – and your budget – least expect it.  In fact, research shows most homes will experience two mechanical failures each year!

The standard home warranty is a one-year service contract that protects a resale home buyer or current homeowner against the cost of unexpected repairs or replacement of major systems and appliances that break down due to normal usage. Coverage is also available to home sellers during the listing and escrow period to help them keep unforeseen breakdowns from potentially delaying the close of sale.

Home warranty's cover things your home owner's insurance does not cover, such as appliances. A one-year home warranty covers items not covered under your standard homeowner policy - filling a critical gap in the protection of your home. For example, if your dishwasher leaks and water damages the floor, your homeowner's insurance policy may cover the damage to the floor, but not the repair or replacement of the dishwasher.

A home warranty can be ordered at any time, even if you have owned your home for years, so if you don't have one, GET ONE! You will be happy you did!

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If you are ready to list your home with a professional real estate agent who will get your the highest dollar in the quickest amount of time, then contact Mary Kay Beckman today at 702.686.2695.

10 Mistakes Home Sellers Make - Part 2

Selling your home - especially if you've never done it before - can be surprisingly time-consuming and emotionally challenging. Strangers will come into your home and poke around in your closets and cabinets. They will criticize a place that has probably become more than just four walls and a roof to you, and then, to top it all off, they will offer you less money than you think your home is worth. With no experience and a complex, emotional transaction on your hands, it's easy for first-time home sellers to make lots of mistakes, but with a little know-how, many of these pitfalls can be avoided altogether. Read on to find out how you can get the highest possible price for your home within a reasonable time frame - without losing your mind.

Mistake No.6 - Not Being Properly Insured
With the above-average number of people who will be on your property, you want to make sure you are insured in case someone has an accident on the premises and tries to sue you for damages. You also want to make sure that there are not any obvious hazards at the property or that you take steps to mitigate them (keeping the children of potential buyers away from your pool and getting your dogs out of the house during showings, for example).

Mistake No.7 - Trying to Hide Significant Problems
Any problem with the property will be uncovered during the buyer's inspection, so there's no use hiding it. Either fix the problem ahead of time, price the property below market value to account for the problem, or list the property at a normal price but offer the buyer a credit to fix the problem. Realize that if you don't fix the problem in advance, you may turn away a fair number of buyers who want a turnkey home. Having your home inspected before listing it is a good idea if you want to avoid costly surprises once the home is under contract.

Mistake No.8 - Not Preparing Your Home for Sale
Sellers who do not clean and stage their homes are throwing money down the drain. If you can't afford to hire a professional, that's OK - there are many things you can do on your own. Failing to do these things will not only reduce your sale price, but may also prevent you from getting a sale at all. For example, if you haven't attended to minor issues like a broken doorknob, a potential buyer may wonder whether the house has larger, costlier issues that haven't been addressed. Have a friend or agent with a fresh pair of eyes point out areas of your home that need work - because of your familiarity with the home, you may have become immune to its trouble spots. Decluttering, cleaning thoroughly, putting a fresh coat of paint on the walls and getting rid of any odors will also help you make a good impression on buyers.

Mistake No.9 - Not Accommodating Potential Buyers
If someone wants to view your house, you need to accommodate this person, even if it is inconvenient for you. And yes, you have to clean and declutter the house before every single visit. A buyer won't know and won't care if your house was clean last week if it isn't clean when he or she views it. It's a lot of work, but stay focused on the prize.

Mistake No.10 - Signing a Purchase Contract With an Unqualified Buyer
It's more than reasonable to expect a buyer to bring a pre-approval letter from a mortgage lender (or proof of funds for cash purchases) showing that he or she has the money to buy the home. Signing a contract with a buyer whose purchase of your home is contingent on the sale of his or her own property may also put you in a serious bind if you need to close by a particular date.

Conclusion
If you avoid the costly mistakes listed here, it will go a long way toward helping you put your best foot forward and achieving that seamless, lucrative sale every home seller hopes for.
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The Foster Beckman Group specializes in helping you sell your home for the best price in the shortest amount of time. When you are ready to list your home, trust a specialist who has helped hundreds of clients through successful home sales; contact Mary Kay Beckman today at 702.686.2695.

10 Mistakes Home Sellers Make - Part 1

Selling your home - especially if you've never done it before - can be surprisingly time-consuming and emotionally challenging. Strangers will come into your home and poke around in your closets and cabinets. They will criticize a place that has probably become more than just four walls and a roof to you, and then, to top it all off, they will offer you less money than you think your home is worth. With no experience and a complex, emotional transaction on your hands, it's easy for first-time home sellers to make lots of mistakes, but with a little know-how, many of these pitfalls can be avoided altogether. Read on to find out how you can get the highest possible price for your home within a reasonable time frame - without losing your mind.

Mistake No.1 - Getting Emotionally Involved
Once you decide to sell your home, it can be helpful to start thinking of yourself as a businessperson and a home seller rather than as the home's owner. By looking at the transaction from a purely financial perspective, you'll distance yourself from the emotional aspects of selling the property that you've undoubtedly created many memories in.

Also, try to remember how you felt when you were shopping for that home. Most buyers will also be in an emotional state. If you can remember that you are selling not just a piece of property but also an image, a dream and a lifestyle, you'll be more likely to put in the extra effort of staging and perhaps some minor remodeling to get top dollar for your home. These changes in appearance will not only help the sales price, they'll also help you create that emotional distance because the home will look less familiar.

Mistake No.2 - Not Hiring an Agent

Although real estate agents command a hefty commission (usually 5-6% of the sale price of your home), trying to sell your home on your own, especially if you haven't done it before, is probably ill advised. A good agent will help you set a fair and competitive selling price for your home that will increase your odds of a quick sale. An agent can also help take some of the high emotion out of the process by interacting directly with potential buyers so you don't have to, and eliminating tire kickers who only want to look at your property but have no intention of putting in an offer.

An agent will also have more experience negotiating home sales than you do, potentially helping you get more money than you could on your own. Further, if any problems crop up during the process - and they commonly do - an experienced professional will be there to handle them for you. Finally, agents are familiar with all the paperwork and pitfalls involved in real estate transactions and can help make sure the process goes smoothly. (Keep reading on this subject in Do You Need A Real Estate Agent? and Finding A Listing Agent.)

Mistake No.3 - Setting an Unrealistic Price
Whether you're working with an agent or going it alone, setting the right asking price is key. Remember the comparable market analysis you did when you bought a home to figure out a fair offering price? Buyers will do this for your home, too, so as a seller you should be one step ahead of the game.

Absent a housing bubble, overpriced homes do not sell. Don't worry too much about setting a price that's on the low side because, in theory, this will generate multiple offers and bid the price up to the home's true market value. In fact, underpricing your home a bit can actually be a strategy to generate extra interest in your listing.

Mistake No.4 - Expecting To Get Your Asking Price
Any smart buyer will negotiate, and if you want to complete the sale, you'll have to play the game. Most people want to list their homes at a price that will attract buyers while still leaving some breathing room for negotiations. This will allow the buyer to feel like he or she is getting a good value and allow you to get the amount of money you need from the sale. Of course, whether you end up with more or less than your asking price will likely depend on whether you're in a buyer's market or a seller's market and on how well you have staged your home.

Mistake No.5 - Skimping on Listing Photos
So many buyers look for homes online these days and so many of those homes have photos that you'll be doing yourself a real disservice if you don't offer photos as well. At the same time, there are so many poor photos of homes for sale that if you do a good job, it will set your listing apart and help generate extra interest. Good photos should be crisp and clear, should taken during the day when there is plenty of natural light available, and should showcase your home's best assets. Consider using a wide-angle lens if possible - this will allow you to give potential buyers a better idea of what entire rooms look like.
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The Foster Beckman Group specializes in helping you sell your home for the best price in the shortest amount of time. When you are ready to list your home, trust a specialist who has helped hundreds of clients through successful home sales; contact Mary Kay Beckman today at 702.686.2695.

Thursday, November 20, 2014

Get a Grant to help buy your Las Vegas home!

For many, owning a home of is the Great American Dream. This Home is Possible™ grant program from the Nevada Housing Division is helping to make the dream a reality for qualified Nevadans.

This new program, focused on home buyers in Washoe and Clark Counties, provides a down payment grant along with a competitive fixed mortgage rate. This grant, which can total up to 4% of the loan’s value, never needs to be repaid. It is free money to help the home buyer achieve the dream of home ownership.

The Home is Possible™ down payment grants are funded through private taxable mortgage funds. No government funds are used for these down payment grants.

Home is Possible™ Key Benefits:
  • Provides a grant up to 4% of the home loan amount that
  • can be used for down payment assistance or closing
  • costs
  • Fixed interest rate 30-year loan
  • No first-time home buyer requirement
  • Grant is non-repayable
  • Home buyer must live in home as primary residence
  • No asset limits for home buyers

Program Requirements
  • Minimum credit score of 640 for government insured loans, 660 for manufactured homes and 680 for most conventional loans
  • Qualifying income on mortgage application must be below $95,500
  • Home price below $400,000
  • Home buyer education course required
  • Must meet normal government or conventional loan underwriting requirements

How to get started:
For those who would like to purchase a home using the Home is Possible™ grant program, it’s easy to get started:

1. Contact the Foster Beckman Group to start the home buying process
2. Complete home buyer paperwork with approved lender
3. Ask your lender how to maximize your savings by combining the Home is Possible™ grant program with the Mortgage Credit Certificate (MCC) to save even more money.

The Foster Beckman Group would love to help you find your new home or sell your current home. We work closely with all of our home buyers and sellers to help you find the right home at the best price for the least amount of stress! Call us today at 702.686.2695. 

Sunday, November 16, 2014

New Summerlin Community Cielo de Oro by Woodside Homes

New homes at Cielo de Oro in Summerlin
Cielo de Oro in Summerlin sits at the base of the mountains in The Mesa village in Summerlin, 89135. Homes in Cielo de Oro range from 2,102 to 3,147 square feet with 3-6 bedrooms and 3-5 bathrooms. New home prices range from $364,490-$428,490,

Built by Woodside Homes, the semi-custom homes in Cielo de Oro feture kitchens with granite, generous pantries, GE appliances, and awesome outdoor living spaces.

Download PDF of Cielo de Oro Home Features
 
The Foster Beckman Group would love to help you find your new home or sell your current home. We work closely with all of our home buyers and sellers to help you find the right home at the best price for the least amount of stress! Call us today at 702.686.2695. 

Zip Code 89144 - The Place to Call Home!

Summerlin Communities in 89144
Zip code 89144 is in the Master Planned Community of Summerlin (North), and is home to several great communities sittuated over 3.9 square miles that house close to 9,000 residential homes. The majority of homes in this zip code were built after 1990, and range from the high $100's to over $1,000,000.

Summerlin has more than 150 parks, more than 2 dozen public and private schools, 14 houses o f worship, nine golf courses, three resort hotels, world-class recreational facilities, retail and entertainment centers, well-established office parks, as state-of-the-art medical center, and more - all playfully connected by more than 150 miles of nationally-recognized, award-winning trails that span the community. A wealthy of high desert activities, including hiking and rock climbing, encourage a healthy outdoor lifestyle. In Summerlin, the abundance of amenities combine to create the community's hallmark quality of life. 

Well known communities in the Summerlin 89144 zip code include Tournament Players Club, Canyon Gate and Summerlin Parcel MM.  Also located in 89144 are:
  • Chardonnay
  • West Hills
  • Royal Woods
  • Arbor View 
  • Marbella Ridge
Of course all of these great neighborhoods are served by Summerlin schools, including Staton Elementary, Rogich Middle School, and Palo Verde high, making this a great zip code to raise a family.

If you are interested in buying or selling a home in any of the communities in the 89144 zip code, please  contact our team of Las Vegas Real Estate Agents and home specialists at Foster Beckman Group, who are available to help you buy, sell or invest in Summerlin North property. Call us today at 702-686-2695 to see how we can help you with all of your real estate needs!

Meet Mary Kay!


Friday, November 14, 2014

How to Finance a Fixer-Upper

We can help you get your own fixer upper!
There are many reasons why you may want to buy a fixer-upper. Buying the "worst home in the best neighborhood" can often provide a great return on your home buying investment. Maybe you just like the challenge of bringing a home back to life, or you see you a fixer-upper as the ideal way to customize an existing home into a home of your dreams.

In the past it was a challenge to get financing for a home that was in less than stellar condition. The lender's appraisers would never qualify a home for a mortgage that needed major repairs, so if you were looking at a fixer-upper, you often had to pay cash or find non-traditional financing. But my how things have changed!

The FHA no offers two "fixer-upper" loan products, called the FHA 203K and FHA 203K Streamlined. The standard 203K is given for properties that need structural repairs such as moving walls or replacing a roof. The Streamlined 203K is for homes that don't need structural repairs, like new floor coverings or new appliances. Other items the standard 203K may cover are:
  • Bathrooms
  • Kitchen Remodels
  • Plumbing
  • Siding
  • Additions (even including a second story)
  • HVAC
Both the standard and streamlined 203K are available now, however the application process can be tricky, which is why you will need a GREAT loan officer to help you navigate the process. 

To find out more information on these exciting loan products and how the Foster Beckman Group can help you get into a fixer-upper, please contact Mary Kay at 702.686.2695.

This Month In Real Estate

Wednesday, November 12, 2014

Why Now is the TIme to Buy for Veterans and Military Members

Buying a home is in reach with great lending options!
If you are currently in the service or have served and were honorably discharged, you have a great benefit available to you in the form of your VA loan. You are probably familiar with this benefit and know the basics - the VA doesn't actually lend money, but instead guarantees the loan up to a certain amount. When the VA backs a loan they also have certain rules that must be followed, including allowing you to borrow with no money down and eliminating mortgage insurance. In addition, VA loans are easier to qualify for, and often come with lower interest rates. All of these elements combined can really open up the amount of home available for you to purchase.

If VA loans are so great, how come more qualified people don't use them?
There are many misconceptions out there about these loans, mostly based on information that is flat out wrong or out dated. One of the common misconceptions is that it takes a long time to close a home with a VA loan. This is not true! Generally the longest "wait" for VA funding is how long it takes the appraiser to get the property on the schedule, which can take up to two weeks. However, after that hurdle has been cleared, funding can happen very quickly, with the entire process taking as little as 21 days (and in some cases even quicker) if you have the right loan officer working for you.

There are other loan programs available to active military and veterans, and in Nevada the Hero to Home program is one to consider. Here are some of the great features of the Hero to Home mortgage program:
  • Below Market Loans (2.75%)
  • Use of any loan type (not just VA)
  • Low upfront costs
  • Increased purchase power with lower monthly costs
  • HURRY! Only available while funds last!
Of course getting a loan is only on half of the home buying equation - the other half is finding the right home for you! That is where a focused Buyer's Agent comes in, ready and willing to help you through the entire home buying process. And as a military spouse, I understand some the complexities that come with moving and deciding to put down roots. I am available to help you achieve your home ownership goals! 

Beth Sandland, Buyer's Agent, Foster Beckman Group, Keller Williams Realty Las Vegas. 702.672.6791

Tuesday, November 11, 2014

New Listing - 4405 Meadowlark Wing Way, 89084

 NEW LISTING from the FOSTER BECKMAN GROUP
Newly Listed is this lovely 4 bedroom, 2 bath single story home in Aliante

Another exclusive Foster Beckman Group listing is now available for previewing in the Cove at Aliante.
Large Kitchen has Breakfast Bar open to Family Room

This lovely 1,598 SF home has 4 bedrooms and 2 baths all on one level!

Gas Fireplace in Family Room

Located inside the gated community of Cove at Aliante, this home has a spacious back yard, solid surface counter tops and gas fireplace in the living room.
Spacious back yard is ready for your touches!
The Foster Beckman Group would love to help you find your new home or sell your current home. We work closely with all of our home buyers and sellers to help you find the right home at the best price for the least amount of stress! Call us today at 702.686.2695. 

Thursday, November 6, 2014

Why Rent when you could Buy? Renting vs Buying in Las Vegas

You are looking for a new home, but the questions lingers; should you rent, or should you buy? The average rent in Las Vegas is $1150 per month. Renting offers you no equity, no tax benefit, and no protection against regular rent increases. If you're paying rent, you are really just paying your landlord's mortgage.

Let's compare* the real costs of owing vs. renting in today's market:

 * Approximate Payment/Cost Comparison based on estimated annual tax results.  Based on 2.5 tax bracket and on estimated first year interest and taxes.  Recommend consulting with tax expert.  Payment based on FHA 30-year fixed rate loan with 7% interest rate, sales price of $125,000 and a loan balance of $121,250.  Interest rate/rental rates, prices, terms, and availability subject to change without notice.  See a qualified tax consultant for more details.

Many people think they have to rent because they believe they cannot afford to buy, but when you look at the average rent prices in Las Vegas, you could very well be owning a home for what you're paying in rent!

If you have not had a recent foreclosure, short sale, or bankruptcy you could very well qualify to buy a home! We can recommend qualified lenders to help you determine if you can buy a home, and how much home you can afford to buy. In many cases, they can do much of the pre-qualification process over the phone!

Our team of Las Vegas Real Estate Agents and home specialists at Foster Beckman Group are available to help you buy, sell or invest in Las Vegas property. Call us today at 702-686-2695 to see how we can help you with all of your real estate needs!

Staging your Home to Sell in 10 Simple Steps


If you want to sell your house fast and at top dollar, then your home needs to look great in this competitive market. Follow these steps to ensure that you get the absolute top dollar for your house!

1. Most people do a drive by before they decide if they want to see your home, so make sure your curb appeal is second to none. In Vegas that means no bare gravel, no dead plants, no broken sprinklers, and no dirt and dust build up! Consider the following
  • Power wash siding and walkways
  • Hang easy-to-read house numbers
  • Plant blooming flowers and fresh greenery
  • If you have grass, keep it trimmed. If your grass doesn't look nice, consider replacing it with synthetic grass
  • Wash front windows
  • Repaint or stain the porch floor as needed
2. Clean up your porch! If you live in a home where you normally enter via the garage, make sure you pay special attention to the porch, which is where prospective buyers will enter. Make sure you have a clean doormat and leafy green or flowering plants in pots.  Keep your porch lights on in the evenings, in case potential buyers drive by.

3. Get the interior of your home spotlessly clean - and keep it that way until your home sells! If it is too much for you to have your home "magazine photo clean" then hire a cleaning agency to do it for you! This step really is key, so make sure you do a great job!

4. If you really want top dollar for your home, you MUST de-clutter. Remember, what is a treasure to you may very well keep someone else from seeing the value in your home. It is not easy to put things you love away, but remember, it's only temporary! You can break out all of your beloved treasures as soon as you get into you new home! And please, don't just cram everything into one room or the garage. Rent a storage unit and get it off site, so people can see your home at it's most spacious!

5. Look down! That's right - take a GOOD look at your floors! Make sure you have all carpets professionaly steam cleaned.  Make sure you mop and buff your real wood floors, and shine your tiel. Broken tiles or loose floor boards should be fixed and replaced. And how about your wood trim? Make sure it is clean and any scuffs are removed.

6. Is it time to repaint? You should have cleared up some wall space during your decluttering process so take a good look at those walls. If walls were painted dark accent colors or have a lot of marks, dirt and stains, then get out the roller and repaint! Dirty, dark or dingy walls will lead to less profit for you at the end of the sale.

7. Don't forget about the kids! If you have children, make sure they are part of the cleaning and decluttering. No wants to look at kids toys all over the house; it will make it seem like your home doesn't have enough space so the kids have to take over. Make sure the kids rooms are clean and organized, including the closets!

8. Make sure your bonus room has a purpose, which cannot be to store extra stuff! When people tour your home, they want to get a good idea of what each room can be used for. If your home has an extra room that can be an office, then make it an office. If it can be a craft room, then make it craft room. Just don't use it to store extra "stuff" or try and make it a combination "craft/exercise/office/we don't really know what it is" room!.

9. If you have an awkward area in your home, address it! Some homes are built with an odd angle or a strange extra space thrown in. Make sure you stage these in a way that they seem to make sense. Use furniture, rugs and tasteful decor pieces to make it clear that the space is not wasted and can be used effectively as part of the living space.

10. This can be a very sensitive topic, but it's time to talk about how your home smells, especially if you have pets. You get used to the smell of your home, but someone walking in for the first time will notice ever odd or "off" odor. If you have pets make sure you keep their bedding and any furniture they are allowed on meticulously clean. If you have cats, make sure the cat box is kept clean at all times. Keep carpets vacuumed and use a product like "pet fresh" on your carpets once a week. Febreze does a wonderful job on furniture odors, too!

If you follow these 10 simple steps and adhere to the "showing policies" of keeping the lights on, making sure your home smells wonderful (baked cookies and cinnamon rolls are two favorite odors of home buyers) and keeping the house clean and tidy, you will be miles ahead of the competition!

Our team of Las Vegas Real Estate Agents and home specialists at Foster Beckman Group are available to help you buy, sell or invest in Las Vegas property. Call us today at 702-686-2695 to see how we can help you with all of your real estate needs! 

Closing 101 - What to Expect at Closing When you Sell Your Home


The closing process finalizes the sale of your home and makes everything official. Also known as settlement, the closing is when you get paid and the buyer receives the deed to your home. The day of closing is usually 1-3 business days after the day you sign your closing documents.

Here are a few things to bring to the signing appointment:
•House keys
•Garage door remote(s)
•Mailbox key(s)
•Any community gate/pool key(s)
•A picture ID

What can you expect?
The closing agent (escrow officer) will look over the purchase contract and identify what payments are owed and by whom; prepare documents for the closing; conduct the closing; make sure taxes, title searches, real estate commissions and other closing costs are paid; ensure that the buyer's title is recorded; and ensure that you receive any monies due to you.

What are your costs?

Sellers commonly pay the following at closing:
•Mortgage balance and prepayment penalties, if applicable
•Other claims against your property, such as unpaid property taxes
•Unpaid HOA dues / special assessments on your property
•Nevada state transfer tax
•Real estate commission
•½ of the escrow fee
•Title insurance premium

After the closing, make sure you keep the following for tax purposes:
• Copies of all closing documents

And finally, put your check in the bank!

Our team of Las Vegas Real Estate Agents and home specialists at Foster Beckman Group are available to help you buy, sell or invest in Las Vegas property. Call us today at 702-686-2695 to see how we can help you with all of your real estate needs!

Wednesday, November 5, 2014

How to Sell your House in 10 Easy Steps

1.   Hire the Foster Beckman Group to make sure steps 2-9 run smoothly and get you the most money for your property in the shortest amount of time!

 2.  Define your goals, wants, needs and expectations.  A good place to begin is by exploring your short and long term goals in life and how selling your home fits in.  We will walk through a process we use to thoroughly understand our client’s goals, wants and needs to ensure that your expectations are met.

3. Determine the best price for what’s going on in the market right now.  We assess the current state of the market and what comparable homes are actually selling for by reviewing a Comparative Market Analysis (CMA) on your home.  That way, we can objectively determine its fair market value and price it right.

4. Prepare your property so that it is in top-selling condition.  Most of us don’t keep our homes in top-selling condition.  We will work with you to help you see things from a buyer’s point of view.  We will consult with you on what to repair, replace or remove so that your home makes a GREAT first impression.

5. Implement time-proven, research-based marketing strategies.  Your home will be marketed with a 10 point marketing plan that has the highest potential for bringing not only the most buyers, but also the most qualified buyers to your doorstep.

6. Show your property.  Always keep your home in top-selling condition.  When you leave for work, make sure that your home remains in top-selling condition.  You know what they say about first impressions!

7. Receive an offer and Negotiate to Sell. When a buyer decides to buy your home, an offer will be presented.  We will  advise you on the offer and whether the buyer is qualified to purchase your home.

8. Have your home appraised and inspected.  Once you have accepted an offer, we will work with the buyer’s agent to coordinate an appraisal, inspections and a survey (if required).  If the buyer requires that certain repairs be made on your home, we will continue to negotiate on your behalf and recommend vendors so we move successfully from contract to closing.

9. Prepare for closing.  A few days before closing (also known as settlement), we will contact the title company and the buyer’s agent to ensure that all the necessary forms and documents have been prepared.  We will meet with you to review the closing documents and let you know what additional forms and information you need to bring to the closing meeting.

10. Close!  Once recorded, ownership of your property is legally transferred to the buyer.  We will    advise you and ensure that everything goes according to plan.

Our team of Las Vegas Real Estate Agents and home specialists at Foster Beckman Group are available to help you buy, sell or invest in Las Vegas property. Call us today at 702-686-2695 to see how we can help you with all of your real estate needs!