Las Vegas Real Estate News and Tips

What You Need to Know About Installing A DeckDeck additions are a popular home improvement among Southern Highlands homeowners trying to boost their home's property value. This is because decks are relatively inexpensive to install, and home buyers will pay more money for a home with a backyard deck. Decks add space for entertaining and can help make the yard more functional at the same time.

Choose the Right Materials

The material a homeowner chooses for their deck construction will affect how much maintenance the deck needs and how well it will weather.

Natural Wood

Some decks are made from natural wood. The least expensive type of wood that a deck can be made from is pressure treated lumber. Other types of wood include redwood and cedar. Pressure treated wood is very

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A Guide to Using Your 401k for Your Down PaymentA substantial down payment is usually beneficial for the average home buyer. Not only does it reduce the principal of the loan and thereby lower monthly payments, but it can also help a homeowner avoid having to pay for Private Mortgage Insurance (PMI). However, not everyone has the recommended 20% of the price of a home sitting in their savings account. That's why some people will take funds from their 401k in order to pay for their home. How does a potential home buyer draw down a 401k to make a down payment on a home?

For informational purposes only. Always consult with a financial advisor before proceeding with any real estate transaction.

How It Works

There are typically two different ways, through a loan or hardship withdrawal, that

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Las Vegas Housing Market Update - August 2018

Ready to buy a home in Las Vegas or Henderson? Today’s buyers have 5822 single family homes to choose from. Condos, town homes and high rise properties add 1604 more options. Total inventory for sale is now 7426. That’s 13% more than last month and 20% more than this time a year ago.   We sold 2991 single family homes in August. Condos, town homes and high rise listings combined to add 896 closings for the month. A total of 3887 homes changed hands. That’s 4% fewer than we sold in July and 2.6% fewer than in August 2017.   The median price for August was $295K. That’s up from the last two months where it had dipped to $290K. It had reached $295K in May. The latest…
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Las Vegas High Rise News - August 2018

Looking to buy a high rise condo in Las Vegas? Today you have 311 condos to choose from in our top buildings. Only five less than we had last month.   We sold 78 luxury high rise condos in August. Down from 86 in July and 85 in June. We’re down to a 4 month supply of inventory. The inventory is beginning to favor sellers, especially in the affordable price ranges.   Top Selling Communities in August - Palms Place had the highest activity. 12 of their condotel units changed hands. That included an 1835 sf corner unit that combined a one bedroom suite and the adjacent studio. Closing prices ranged from $225K to $739K.   Second place was a tie between The
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Popular Architectural Styles for HomesMuch like the residents in the United States, the home architectural styles that can found throughout the country are diverse and varied. Each style offers insight into the time period during which it was built and the distinct culture of the region. These are a few of the common home architectural styles that can be found throughout the United States:

Craftsman Style Home

During the dawn of the 20th century, the Arts and Crafts movement took hold of Americans across the country. This movement emphasized the importance of handmade products made with natural materials, and followed in the footsteps of the Industrial Revolution. During this moment in history, the Craftsman home architectural style was born. Simplistic floor plans are common in

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How to Have a Smoother Escrow PeriodWhen buying or selling a home, some states handle the transaction process through Escrow. Nevada is an escrow state. Escrow refers to the period between when the seller accepts the buyer's bid and when the buyer takes control of the property. During this time, the buyers are expected to settle and confirm everything from the condition of the house to the structure of their loan.

Because there are so many details that need to be addressed, it's not uncommon for an escrow to run far longer than the buyer ever anticipated. In most cases, the escrow process is successful with no problems, though there are some things to watch for.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real

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Major Safety Problems in the Home and How to Handle ThemHomeowners often forget about the safety of their home while they're living in it. They may assume that if the home was safe when they first moved in, then it's still safe now. And even though they may see the property every day, it's easy to miss minor changes that can lead to bigger problems down the line. For a better idea of how to identify the safety hazards in the home, keep the following common problems in mind before doing a routine inspection.

Slips and Falls

It may not take long before a homeowner remembers near misses when it comes to almost falling down. From an unsecured staircase railing to the slippery tiles in the bathroom, many homeowners play with fire everyday without even realizing it. And while children and the elderly

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Buying a Home From A Home BuilderBuying an existing home is something most people are familiar with, but what about buying a home that hasn't been built yet? Here are 11 things you need to know about buying new construction homes.

Many buyer's find it exciting to purchase a home no one else has lived in before, but what are the things you might need to consider before buying a new construction home?

This article will give you the top 11 tips you need to consider before taking the plunge.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

1. Work With A Real Estate Agent

This is a good rule of thumb generally, but with a house, having a real estate agent represent you keeps you

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How to Get Rid of Mold In the HomeMold can be a serious problem for homeowners. It can be dangerous to humans and even to pets. Because it puts people at risk, a home that is affected by mold could drop in value and may even be hard to sell. The best way to prevent mold from devaluing a home is to remove it as soon as it becomes a problem.

Why Is Mold So Dangerous?

Mold is a fungus that can have a serious impact on the health of anyone who is exposed to it. Mold can cause respiratory problems, eye irritation, skin irritation, coughing, wheezing and other problems. People who are exposed to mold over a long period of time may develop chronic lung problems and infections. People who are most at risk for problems from mold are those with chronic lung issues like asthma and

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Choose Home Improvements Wisely and Avoid Overspending to Realize the Best ROIWhether an owner is updating a home to enjoy it more or whether upgrades are being done in order to better “flip” it, homeowners want to get their best return on investment (ROI). Of course, improvements make a home easier to sell as well, but the more one can anticipate getting back from their home improvement investment, the easier it is to spend the money improving it.

While some homeowners may anticipate getting everything they put into their home back someday, every home improvement has its own likely ROI. Some are higher than others. Which are the ones that historically bring back higher returns upon resale?

Landscaping

Various professional organizations place landscaping at the top of the home improvement ROI list including the

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