Buying a house in Las Vegas, NV is a lot like buying a house in other parts of the nation. The real estate market is down in Vegas so if you are able to buy, now is the time. Follow some of these simple steps to prepare yourself. Before you know it you will be the proud owner of a house in Las Vegas, NV.
1) Get Pre-Approved
A lot of people think that getting pre-qualified is enough. You spend a few minutes on the phone and the loan officer or lender announces that you are pre-qualified. In reality this means absolutely nothing. None of the information you have given has been checked. They present you with a pre-qualified certificate that is actually worth less than the paper it is printed on. If you want real negotiating and buying power then go through the entire process and get pre-approved!
2) Don’t Be Pushed Into An Unwanted House
More often then you think buyers will settle for a place that is not exactly what they are looking for. The reasons can vary, but a huge one is because real estate agents will try to offer you an “on the spot” deal. Basically they are willing to drop the price drastically if you will sign on the dotted line at that very moment. Don’t do this, while you may pay less – usually the price they come down to is what the house is really worth anyway, in the long run you will be unhappy. Make sure you get exactly what you want. Don’t settle for less.
3) Don’t Call Ads
Most ads are placed for the sole reason of getting prospective homebuyers out to the site without giving away too much info. Maybe the house is smaller than the ad states, maybe there are structural problem. Any number of things can be wrong. The agent wants to get you out and then put on a selling show for you. Try and stay away from this. It is good to have your own agent looking out for you. They can inspect the property, see what it is about, and let you know if it is worth your time or not.
These simple rules, thrown in with a few other basic steps, will allow you to become a Las Vegas homeowner in no time. Happy hunting.