Las Vegas real estate: Deadlines

Contracts have several deadlines that must be watched and followed.  Deadlines include: submitting loan applications; ordering appraisals; due diligence; reviewing of HOA packages and other deadlines that have been made part of the contract.

It is important to read your real estate contract and see what deadlines are laid out in the contract itself.  Generally, your real estate agent will keep up with deadlines.  However, it is important that you be aware of these as well and calendar them.

Why are these deadlines important?

These deadlines protect you and your ability to back out of an agreement should there be problems in the home that you don’t want to take on.   These deadlines also protect you from the seller putting the home back on the market and making it available to other buyers.

When do deadlines begin?

The deadlines generally begin once all parties to the agreement have signed the documents.

What to do if there is a problem with the home that you need to resolve?  

First, tell your agent ASAP.  Your agent cannot read your mind.  You need to either call or (ideally) send them an email telling them what you need and what issues you have.   Be very clear.  If you are want to ask the seller for concessions then tell your agent.  He/she will have to write up an addendum to present to the seller’s agent.

Don’t wait and don’t expect your agent to tell you what to do.  It is your responsibility and your money.  You have to tell your agent when there are problems so they can assist you with resolving the issues or backing out of the deal.

What if you need more time?

Tell your agent ASAP.  Your real estate agent will request an extension of the deadline to submit to the other party.  Don’t wait until the last minute to do this.  Once you become aware that you will need more time call you agent and submit your request.

The underlying theme of deadlines and any other real estate issues is really communication.  Keep your real estate agent informed.  They have been through this process many times before and will know how to assist you.  However, they cannot assist you if you don’t talk to them.

Need information on Las Vegas real estate?  Call Cindy at 702-527-8864.

 

Las Vegas Saturday Musings

Happy March!   We had a few days of gloomy skies and rain.  Yes, it does happen sometimes.  Today is clearer and sunny.

Are you looking for a home in Summerlin?  Click here to view listings.

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Las Vegas

Wet ‘n’ Wild Taking Applications for Seasonal Jobs: “The water park is looking to fill dozens of positions, including lifeguards, admissions, guest services, food and beverage, security and emergency medical technicians.”

Fewer Las Vegans are underwater, but rate still leads country: “Some 35.1 percent of valley homeowners with mortgages were upside down”

Real Estate

10 Of The Strangest (And Coolest) Houses You’ve Ever Seen: “If you’ve ever wanted to try something different with your next home or building project, perhaps these unique houses around the world will offer you some inspiration (and good luck getting approval from your Home Owners Association)…”

Buffett’s annual letter: What you can learn from my real estate investments: “But let me first tell you about two small nonstock investments that I made long ago. Though neither changed my net worth by much, they are instructive.”

Productivity

How to Build a Strong Work Ethic: “If you’ve been stuck in a lazy rut lately, here are some suggestions to get yourself working productively.”

I hope you have a fantastic month.  Call me if you have questions about Las Vegas real estate.

Las Vegas Saturday Musings

Writing this sitting outside on this amazing Saturday afternoon!  It is warm, sunny and the perfect work outside weather.  So sorry to all of you braving cold wintery weather.  Maybe it is time to make Vegas your winter home?  Call me and let’s discuss your search: 702-527-8864.  You should also check out this fantastic guard gated luxury condo that is available fully furnished – click here.

What caught my eye this past week?  Well, let’s see ……

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Las Vegas

Smith Center reveals the Broadway Las Vegas 2014/2015 Season – Yes, Wicked it coming back along with Annie, Pippin, Cinderella, Newsies, Kinky Boots and a few more.  I personally cannot wait to see Wicked again.

Real Estate

Lenders Getting Back in Subprime Mortgage Market: “Wells Fargo Bank, the largest mortgage lender in the country, is getting back into the subprime home loan business again.”

13 Rules Great Landlords (Almost) Never Break: “When I follow the rules, things generally go well. When I deviate from my rules, and decide to do my own thing… well, things go down hill fast.”

Productivity

10 Tasks To Make You More Productive In Your In-between Time:”…it’s about being smart with the small amounts of extra time and using them in a smart manner to get your work done.”

Conserving Mental Energy: “How much mental energy do you squander on low-priority decisions each day? Could you make those decisions once and put them on autopilot?”

Wishing you a fantastic week!

Cindy

Las Vegas Saturday Musings

Great week.  So many people wanting to make Las Vegas their vacation hot spot.  If you know someone looking for a two bedroom Las Vegas luxury condo (fully furnished) tell then about this one.

manhattan - las vegas condo - 26 serene

More information is here.

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Las Vegas

Property tax hike might be in the works for Henderson: “However, the city can raise the tax only 3 cents per $100 of assessed valuation without a vote of the residents or a change in state law, a number well short of the recommendation to be made by a special committee.”

Real Estate

Be Quiet Chicken Little. The Sky is NOT Falling:”If the lack of sales is not the result of increasing interest rates or decreasing consumer confidence, what actually is happening? We believe it can be broken down to three words: LACK of INVENTORY.”

How long does it take to close a home in Vegas?:  Video I posted this past week.

Thought Provoking

Finding Your Bliss Station: “Here’s a big secret that I’ve learned about personal finance and life: the more “bliss moments” you can find in your life that don’t require you to spend money, the better off you’ll be.”

Yes, there wasn’t much this past week.  I recently read a book, The Circle by Dave Eggers, a fictional commentary on social media and technology in general.  It made me spend more time off the Web than on.  If you get a chance, pick it up.  Not a masterpiece, but definitely thought provoking.

Have a fantastic week!

How long does it take to close a home in Vegas? (video)

A few weeks back I posted,  How long does it take to close a home in Vegas? I am back again this week with a follow up video (you might have to refresh your browser if the video doesn’t show up below).

You can find more Las Vegas real estate questions answered here.

As always, feel free to contact me with any questions: 702-527-8864.

You can also leave a question here:

Do you have a Las Vegas real estate question?
Enter it below.

Southern Nevada Realty, LLC is your best resource for Las Vegas real estate information.  We love to assist buyers and sellers!  Read our Las Vegas real estate agent reviews!

Las Vegas Saturday Musings

A great week last week with a bit of gloomy weather to end it off. That’s okay, the sun always comes out and NO SNOW OR ICE! 🙂

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Las Vegas

Free Income Tax Form Preparation Assistance At Las Vegas Centers: “Volunteers from AARP and the Internal Revenue Service Volunteer Income Tax Assistance (VITA) program will offer residents free assistance with personal income tax form preparation and electronic filing at five city of Las Vegas community and senior centers starting this month.”

Energy Fit Nevada Offering Home Energy Savings: “… cozy up to energy savings through a special winter rebate incentive package of up to $2,000 for sustainable home energy upgrades.”

Ten romantic restaurants for Valentine’s Day in Vegas: “Dining out at a fine restaurant is always a popular choice for Valentine’s Day and Las Vegas has plenty of romantic restaurants for your celebration. Here are 10 places to wine and dine your significant other.”

Real Estate

4 Things to consider for multi-family due-diligence: “Before purchasing a property, it’s critical that you take the necessary actions so that you can make an informed decision on whether the condition, operations and financial picture of the property are as you were made to believe.”

Union Village Purchases Close to 170 Gross Acres from City of Henderson to Build World’s First Integrated Health Village: “..visionary model for health care will offer a world-class hospital complex and health center, residential, entertainment and specialty retail space, a vibrant senior retirement community and a civic and cultural arts center integrated into a master-planned community.”

Reverse mortgages: Safer, but far from risk-free: “New rules, which launched in October, discourage homeowners from taking lump sum payouts by reducing the payment a borrower receives if they take the entire amount immediately.”

Inspirational

See video below (refresh your browser if you can’t see it).  Very inspirational video.

Wishing everyone a  wonderful weekend!  If you have any Las Vegas real estate questions or thoughts – call me: 702-527-8864.

Las Vegas Home Finder Service

When you request an emailed list of homes on my site, I also sign you up for automatic listings using my Las Vegas Home Finder service.

If you haven’t requested an emailed list of homes click here to make your request.

Basics of the Service

Email Schedule

When new home for sale is uploaded to the Las Vegas MLS (which also covers Henderson and North Las Vegas)  – you will receive an email with home information.  The emails generally go out daily.  You can opt to get the emails ASAP, weekly, bi-monthly, or monthly.  If you want to change your schedule, simply reply to the email I sent you.  Remember, you get all listings – not just my company listings. 

Pictures

Pictures are controlled by the seller’s agent.  Some will have pictures, some will not.  Frustrating?  Yes.  Can I do anything about it?  No.  For my clients, I will often go out and take pictures and video of the listings that interest them.  I can do the same for you – call me to discuss this service – 702-527-8864.

Additional Information

Each email I send with listings will include links to local information that you might need such as school information, crime maps, flood zones and Google Maps.  If you need more information about a home don’t hesitate to contact me by replying to the email.

That covers it. 

Thanks for stopping by!

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Las Vegas 55 Plus – Los Brisas

A little known Las Vegas 55 plus community.  Inventory is always tight and demand is always high in this gated Las Vegas retirement gem.

Las Vegas 55 plus - Los Brisas

This Vegas retirement community is located West of The Strip (across the street from Spanish Trail).

There are approximately 179 homes in this community featuring two – three bedrooms with square footages ranging from 1188 – 1800.  There are one and two story homes with two car attached garages in this gated community.  All homes were built in the early 1990’s.

Las Vegas 55 plus - Los Brisas

Want to receive listings in this community?  Give me your details below or click here.

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The community features a clubhouse, pool, spa and tennis.

Las Vegas 55 plus - Los Brisas

Great location that cannot be beat. However, if you want to get in this community you need to get on my email list.  Homes go fast and you don’t want to miss out!

Las Vegas 55 plus communities

Las Vegas 55 plus - Los Brisas

Why go with anyone else to assist you with your Las Vegas 55 plus home search?  We have the experience and knowledge you need!  Don’t take our work, read what past clients have to say – here.

Las Vegas Saturday Musings

year of the horse - bellagio

Happy Year of the Horse!  This was taken at The Bellagio.  Isn’t it gorgeous?  Most of the Strip hotels have great Chinese New Year displays.

Now, on with the news!

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Las Vegas

Clark County watching for Mojave Max’s emergence: “the visitor’s center is inviting people to predict the time and date Mojave Max will emerge. The same contest is also offered to Clark County school children at www.mojavemax.com. The winning student will win a laptop computer, digital camera, another computer for his or her teacher and a pizza party for his or her class, among other prizes.”

Super Bowl weekend expected to be extra tourism kick: “The game between the Seattle Seahawks and the Denver Broncos is expected to draw 292,000 visitors, up 2.5 percent from last year”

Real Estate

Homebuilders snapping up land deals in early 2014:”Builders should be grabbing parcels when they can in 2014, although Smith said land buys have slowed from 2013’s frenzied pace.”

Home and Garden

14 Killer Questions to Ask Your Contractor – aimed towards real estate investors. Still a good set of questions for anyone.

Vegetable and Herb Planting Calendar for 36 N Latitude 2000 ft Elevation (Las Vegas) – great resource for local gardeners.

Interesting

The Philosophers Mail: “This daily online news source is committed to bringing you the latest, biggest stories, as interpreted by a team of our in-house philosophers rather than journalists.”

That is a glimpse of some items that caught my attention last week.

Thanks!

Cindy – @vegashomes

Las Vegas real estate information: When do you get your keys? (video)

A video expanding on my blog post: When do you get your keys? Meaning  – when are you actually closed on a home?

If you don’t see a video below – refresh your browser.

Any questions?   Contact me or call: 702-527-8864.

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