Guide to Buying Your Las Vegas Home

Even with a Las Vegas Real Estate Buyer’s Guide, the home-buying process is one of the most exciting, and frequently stressful, experiences you’ll ever go through.

This holds true whether you’ve bought many homes or you’re looking to buy your first, whether you’re in the market for a new primary residence, an investment property or that perfect vacation getaway.

We asked our Preferred Partner for Residential Real Estate, Jack Woodcock with The Woodcock Real Estate Group, one of Berkshire Hathaway HomeServices – NV Properties’ largest and most successful home buying teams in Las Vegas, to provide us with some insight into their home buying success.

Jack outlined the following Las Vegas Real Estate Buyer’s Guide for LasVegasRealEstate.com readers:

Guide to buying your Las Vegas home - LasVegasRealEstate.com

We refer home buyers to the Woodcock Real Estate Group for very
specific reasons: Service, Integrity, and Market Knowledge.
Click here to learn more: Preferred Partners: Residential Realtor

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Guide to Buying Your Las Vegas Home

Buying a house in Las Vegas can be a wonderful experience. The city has many different neighborhoods with varying types of homes, and it’s important to know which neighborhood will best suit your needs before looking at homes for sale. Do you want a gated community on the outskirts or are you looking for something more central? What about the type of home- do you prefer single-family homes or condos? 

We’ve outlined some factors to consider when buying a new home in Las Vegas so you’ll have all the information necessary before starting your search.

Define Your Goals

If you’re thinking about purchasing a home, it’s important to educate and prepare yourself as much as possible. This means determining the reasons why you want to buy (and what kind of home) plus examining your current financial situation to accurately predict how much money you will have available for housing costs when all your debts are paid off.

With the right information and planning, the home buying process will go smooth. 

Contact a Real Estate Professional

Buying a home is no easy task, and it’s often the number one decision someone will make in their lifetime. It’s important to find an experienced real estate professional who has years of experience with different types of properties so they can guide you through every step on your journey to buying your dream home. 

Get Pre-Approved for a Loan

The pre-approval process is an important step in the home buying journey. The lender will examine your current financial situation and credit history to determine how much home you can afford.In Las Vegas, most home sellers require a pre-approval letter from a mortgage lender before considering your offer to purchase. 

If you would like to speak with a mortgage lender, LasVegasRealEstate.com recommends you speak with:

Pam Hewitt, Axia Home Loans, 702.376.1669, pamela.hewitt@axiahomeloans.com, or,

Heidi Buckley with Intercap Lending, 702.321.2272, heidi@intercaplending.com

Select Your New Home

Start by creating a list of “Must Haves” for your home.  How many bedrooms, location, community amenities et cetera. 

LasVegasRealEstate.com provides an excellent way to view homes in the city of Las Vegas, NV, and get information on neighborhoods nearby that may be a good fit for you! 

The site makes it easy by providing video tours as well as detailed listings with picturesque photos of each home’s exterior amenities like pool size or AC units working properly – but don’t forget about physical features too; they’re important if we want our heart’s desire fulfilled after looking at all those pretty pixels online.

Negotiate 

If you’re looking to buy a home, the seller must set all of their terms before making an offer. This is because real estate contracts vary from state to state and may include provisions that are specific for your area or relevant in any situation where someone wants to purchase residential property.

Secure Your Financing

When you have a pending agreement, it’s time to go back and finalize all of your mortgage details with the chosen lender. This means reaching an understanding of down payment amount (or percentages), interest rates for both introductory periods as well as long-term mortgages to close the deal!

Close the Deal

If you’ve efficiently taken care of everything connected with purchasing your new home, taking ownership should be one of the proudest moments in life. There shouldn’t be any surprises!

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