10 Steps to Las Vegas Home Ownership
 

RELV.com and Konnel Peterson are proud to offer this free Las Vegas Real Estate Buyer's Guide. This free guide gives you 10 systematic steps to help you buy your new Las Vegas home.

On this and the following pages, you'll learn how to select your Las Vegas real estate agent, secure a mortgage, get insurance, close the deal and more. Buying a new Las Vegas home is exciting, but the process can get overwhelming.

Konnel is here to help you through the important decisions you need to make when buying your new home. There is so much Las Vegas real estate from which to choose, and so many terrific areas within the Las Vegas area in which to live. Be assured that Konnel will be there for you every step of the way.

So get started learning about how to buy Las Vegas real estate.

Step 1 - Getting Ready
 

The keys to successful Las Vegas real estate transactions are experience and knowledge.

You can access a tremendous amount of this information, valuable to any Las Vegas home buyer, with the help and guidance of an experienced local REALTOR®.

Planning is the first key to making your Las Vegas home purchase easier and more understandable.  Not only will you learn essential shortcuts to navigate you through the process with the help of your Las Vegas real estate agent, but you will also learn how to anticipate the inevitable requests from lenders, attorneys, appraisers, home inspectors and many other real estate professionals.

Why Are You Buying?

Identify your reasons for buying.  Are you relocating to a new city, just changing neighborhoods or require a larger/smaller home – is it a necessary purchase or simply an option you are considering – do you have an impending deadline or do you have time that would allow you to consider new construction?  These are questions every Las Vegas home buyer should consider both first-time and repeat buyers.

The more you consider and define your goals, the more effectively your real estate professional can target the properties that suit your needs - so be prepared to discuss those goals in detail at your first meeting.

Do You Have The Estimated Up Front Costs?

There are many different types of Las Vegas home loan programs available, with a varying range of down payments required.  Depending on the nature of your real estate purchase, particularly if it is to be owner-occupied, some loan programs can be found that require as little as 5% down or even nothing down.

Determining the amount of cash you have available and type of loan you qualify for will be pivotal in establishing the price range of homes within which you should confine your search.  Be aware, however, that the less money you put down against your purchase, the higher your monthly mortgage payment will be.  Discuss the various options with a mortgage loan professional, to whom your Las Vegas real estate agent can introduce you.

There will also be closing costs associated with the processing of your Las Vegas home loan, which costs can be estimated by your mortgage officer once the type of loan is identified.  Over the years creative loan programs have emerged that can help minimize those costs.

How Is Your Financial Statement?

The better your credit rating the more loan programs for which you qualify will be available.  It is advised that you keep current on all bills (credit cards, rents or mortgages, car payments and any other debts) for at least a year prior to your Las Vegas home purchase.

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Call NOW! Toll Free: 1-800-LVHOMES (584-6637) Direct: (702) 858-7777 Konnel Peterson Broker/Sales 4350 E. Sunset Road, Suite 201 Henderson, NV 89014