Las Vegas Real Estate Agent Dawn Barrier Homes For Sale eXp Realty(702) 812-4550
Dawn Barrier

How To Buy A Las Vegas Home | Buying A Las Vegas Home | Las Vegas Real Estate Agent Tips #1

I have wrote about this in the past and it is worth repeating as there are buyers that are calling wanting to buy a Las Vegas home but have not taken this 1st crucial step that MUST be done before we can show you any Las Vegas homes for sale

Get PRE-APPROVED, Not (just pre-qualified)

THIS STEP MUST BE DONE!! You can’t Skip it!

You want to get Pre-approved prior to viewing any homes on the market.

This means you get with a lender of your choice, (call me if you don’t have one and would like some more info), and you give them all your work history, they actually get your credit report and score, you will provide them with w-2’s, you go over your current expenses, etc and they will let you know the financing programs available to you so you know up front how much home you can afford to buy and what your approx. monthly payments will be.

The lender will then give you a PRE-APPROVAL letter. You will need to make copys of this to provide to your REALTOR® Dawn Barrier A copy of this letter MUST be sent with every offer you make. All Las Vegas Foreclosures (Bank owned REO homes) for sale, Las Vegas short sales and traditional sales on the MLS (any home you want us to show you) REQUIRE this letter to be submitted with your offer and they will call your lender to verify that the letter is stating the facts and so will we BEFORE we show you a home.

Don’t be afraid of this process it can require patience on your part to gather all the necessary documents but look at the big picture….You are getting a New Place and this is just a step to get you there!

ALSO, be prepared that you may have to go thru another Pre-approval process with the Banks own Preferred lender Prior to putting in an offer, or w/in the same day of putting the offer in. This does Not mean you have to use the bank preferred lender, but it does give the bank more assurance that you are qualified (they may want to see those credit scores and w-2’s, not just take the word of another lender) and they may even offer you a better deal on financing. They want to make sure that if your lender can’t fund your loan, they will be able to step in and get it done so you can close the deal.

This is just the start of my tips to buying an Las Vegas home, but this is the most important information to get you started. There are always more tips and if you scroll thru my blogs you may find past tips as well.

If you have any other questions, feel free to email or call me about them.

If you are in the market for a Las Vegas home and are not working with a REALTOR®, call me. I would be happy to help you through the process of buying a home.

If you are in the market to sell your Las Vegas home and are not working with a REALTOR®, call me. I would be happy to help you through the process of selling your home.

 

Originally posted: Agent Tips To Buying a REO – Foreclosure Home in Las Vegas by Dawn Barrier “Begin-Prequalify”

 

 

MY STUFF & Blog & Website Disclaimer

Important Notice -This is a personal blog.

 

Any Stats are on Resale Single Family homes only per the GLVAR MLS as of this writing or as noted,covers the Las Vegas Valley, North Las Vegas, Henderson area or as noted.

All photography on this site are the property of Dawn Barrer unless otherwise noted and are protected by U.S. Copyright laws and are not allowed to be downloaded or reproduced in any way without written permission of Dawn Barrier.If you would like permission to use a photo please email Dawn

How To Buy A Las Vegas Home | Buying A Las Vegas Home | Las Vegas Real Estate Agent Tips

Posted on June 1, 2012 at 2:28 am by Dawn Barrier

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    *All information is provided for informational purposes only and is Not legal advice, consult an attorney or financial expert for legal advice. This is general information and is not intended to provide advice on any specific question or transaction. Parties to any real estate transaction should seek competent legal and/or tax counsel to determine the legal, credit and tax consequences of buying or selling a home. The opinions expressed here represent my own & not those of my employer. Dawn Barrier will not be liable for any errors, ommissions, accuracy, validity, currentness, suitability, completeness or any losses, injuries or damages arising from its display or use. Listing your home for sale and attempting to do a Las Vegas Short Sale is a possible solution to avoiding foreclosure but not a guarantee that your lender won’t foreclose or pursue other means of collecting the unpaid debt between what you owe and what the home may sell for. Copyright © 2018-2008 Dawn Barrier. All Rights Reserved. Any Stats or Listings are per the GLVAR MLS as of this writing or as noted. All photography on this site are the property of Dawn Barrer unless otherwise noted and are protected by U.S. Copyright laws and are not allowed to be downloaded or reproduced in any way without written permission of Dawn Barrier. If you would like permission to use a photo please email Dawn.