Tag Archives: experienced realtor

Buying A Home In 2014 With Down Payment Assistance In Las Vegas

Today is a great day to buy a home in Las Vegas Nevada. The Batchelor Group has been seeking out the best financing options for buyers who need down payment assistance and has learned the details of every program in the Clark County region. The Batchelor Group is proud to be a team of Realtors that is trained and approved to assist buyers who will surely benefit from these helpful programs. We have become down payment assistant experts for all of the down payment assistance programs available to home buyers in Las Vegas and Clark County Nevada.

There are many homes in Las Vegas that would be a great fit for families with income stability and acceptable credit. These programs are not limited to first timers, people who have owned homes previously can also benefit. It should be no surprise that the down payment requirements are usually the biggest obstacle for deserving home buyers. Today, there are many different choices for those who need down payment assistance and the key is working with a real estate professional who understands how these programs work.

At the top of the list of home buyer assistance programs is the Home at Last program offered by Nevada Rural Housing Authority. The maximum annual income allowed is 95 thousand dollars per year with a maximum home price of $400,000.00 dollars. This program gives down payment grants to buyers of up to 4 percent of the purchase price, a maximum of $16,000.00 dollars. Grants are considered gifts and do not have to be paid back. This wonderful program is for homes in South Summerlin, Blue Diamond, Whitney and other qualified areas.

Other down payment assistance programs include the city of North Las Vegas LIFT program which uses FHA guidelines in conjunction with a silent second mortgage. Nowadays, a silent second refers to a 2nd mortgage that does not require monthly payments. The 2nd mortgages are paid off in full when the home is sold or even forgiven after the buyer has lived in the home for a specified amount of time. Clark County has a program allowing buyers to purchase homes with as little as $1500.00 dollars to invest along with their silent second mortgage offer.

All of the home buyer assistance programs allow buyers to use the additional benefits of the Mortgage Credit Certificate {MCC} program which is a tax credit as opposed to a simple tax deduction and provides enough benefit to help many buyers qualify for larger home loans. The MCC program is for buyers who have not owned homes in the past three years.

Other programs are available and The Batchelor Group is standing by, prepared to answer questions, show homes and submit offers on behalf of buyers.
Call 702-823-3801 or visit us online at http://www.lasvegas1realestate.com

Is Buying A Home From A New Home Builder A Bad Investment?

Many home buyers often wonder whether it’s truly worth going out and hiring a home builder to build their property. This all depends heavily on what the home buyer’s intentions with the home are. If you are looking for only value, you should purchase an existing home. Existing homes provide great values because market value, taxes and closing costs are usually the only fees that go into the cost of the home.

One of the main reasons people like to have a home custom built is because they want to build their dream home, create something that is a true reflection of themselves and their family. Those that have new homes built can custom design the style, paint, layout, lighting, fixtures, wiring and virtually every other aspect of their new home. Hiring a custom home builder however requires a great deal of planning that is not necessary when purchasing a home built and already for sale on the market. There are many things you’ll need to consider when building… things such as, hiring a foreman / builder, having an architect design the home, acquiring permits and getting approved for a loan before the build process can even begin just to start.

Having a great realtor is essential, they can negotiate items like the inclusion of landscaping, foliage and window coverings into the final cost of a new home. The realtor may even be able to negotiate closing costs into the final purchase price of the house as well. If you don’t use a realtor, these fees can be a definite drawback. You would typically have to pay them out of pocket during the closing of the home. Keep in mind that these fees are being negotiated into the cost of the home by the realtor because you are paying more for that home than on a preexisting home.

The typical existing home can be purchased in Las Vegas for around $80 to $110 per square foot. Having a new home built from scratch usually starts at $128 per square foot. If you’re looking for a comfortable middle ground, you may want to consider purchasing a fixer-upper and paying a builder to make specific modifications to the property.

If you’re looking for a property, you should contact a knowledgeable and experienced real estate agent like Jillian Batchelor who is, bar none, one of the most trustworthy realtors in all of Las Vegas. Remember that it doesn’t cost the buyer anything in Nevada to use the services of a real estate agent. Jillian Batchelor and The Batchelor Group will make sure that you are protected in the event of any unforeseen problems during the home buying process.

What Can I Do To Sell My Las Vegas Home Quickly?

You might hear a lot of rumors and gossip surrounding the housing market in Las Vegas. You’ve probably heard that house prices keep dropping, there are fewer buyers than there were in past years and that some homes hit on the market for months without a nibble. While some of those rumors are true, you need to keep in mind that some homes sell quickly and at their asking price. Our team of professionals can show you how you can make your home sell just as fast too.

Don’t Settle for a Real Estate Agent

Many homeowners think that all real estate agents are the same, which isn’t true. When it comes to finding an agent to sell your home, you need to find someone who is more than just an agent. Look for someone who is a marketing guru. Marketing experts can market and advertise your house, making it seem more like a home and less like just another property. The right agent will have the skills and experience to find the right buyer and sell your home at the right price.

Practice Appropriate Pricing

Pricing is the biggest factor in whether your home sits on the market for months or whether it sells within a few weeks. No matter how much work and money you put in to your home, you should know that you won’t get back every cent. A $20,000 kitchen renovation might only add $10,000 worth of value to your home. Look at the prices that similar homes sold for in the Las Vegas area, and find houses that have the same number of bedrooms and bathrooms, features and amenities as your home before you decide on a price.

Utilize Proper Staging

Staging involves making your house look enticing to buyers. Get rid of the clutter, clean the carpets and floors and make the house look liveable. You don’t need to make your home look like a model home, but you do need to make others feel like they could live there. The right real estate agent can introduce you to a professional staging expert, and that expert can get your home ready for an open house.

If you live in Las Vegas and need help selling your home fast, call on Jillian Batchelor of The Batchelor Group for help. As one of the top real estate agents in Vegas, Jillian can help you stage your home, market the property to sellers and determine the perfect selling price.