Las Vegas Real Estate News and Tips

Address Liens Before Selling a HomeWhen selling a home, a homeowner may encounter a home lien. A lien serves as a legal recorded claim which is made against the property in order to collect any money owed. Not every lien makes it hard to sell a home, as most homeowners have a lien from the mortgage lender when they take out a mortgage. In such a case, this lien is only enforced if a homeowner is not able to pay back the mortgage loan. However, there are other liens that can cause potential difficulties for homeowners. Learn more about problematic home liens today.

For informational purposes only. Always consult with an attorney or certified tax expert before proceeding with any real estate transaction.

The Problem with Home Liens

Homeowners can be subjected to liens from

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3 Floor Plans Home Buyers Should KnowRanch or multistory home? There are many questions home buyers have about the different types of floor plans when they’re planning to buy a new home, like what exactly is the difference between an open floor plan and a semi-open floor plan? A home’s floor plan can drastically change how the home feels to live in, so home buyers should know the differences between them and know which floor plans will work best for their lifestyles. Here are some of the different floor plans home buyers will find and what sets them apart from each other.

Open Floor Plans

Open floor plans have become especially popular in the past few decades, but what exactly does it mean when the floor plan is open? Homes are considered to have an open floor plan when two or

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All About Getting Your Windows ReplacedWindow replacement is a home improvement that most homeowners only perform every few decades. If you're a current homeowner, or are thinking of selling your existing home, ando believe that you may need window replacement to increase the value of your home, here's what you need to know.

When Should You Replace Your Windows?

Typically, homeowners wait until their windows are inefficient and in disrepair before they decide to replace. Below are a few signs that window replacement is appropriate:

  • The space around the windows is drafty and uncomfortable.
  • Weatherstripping isn't helping.
  • The room becomes hot in summer or cold in winter.
  • The home is unevenly heated depending on where the sun is shining.
  • The cost to repair the
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Selling a Home? Here's What You Need to Know About Seller Disclosure RequirementsHome selling disclosures are a necessary aspect of many real estate transactions, especially when the home is not a newly constructed home. Disclosure is essentially the seller's opportunity to share any knowledge they have concerning potential problems or defects on the property. Today, many states have set seller disclosure requirements pertaining to what sellers must put in writing before the transaction, and in some agreements the current owner must also make repairs or include a buyer ‘credit' for repairs post-purchase. So, as a seller one needs to know exactly what is required by law for this important process.

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

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Virtual Reality and What You Need to KnowIn recent years, virtual reality has become a popular tool with marketing professionals. This exciting new technology is perfect for marketing a new home for sale. Home buyers seeking a new way to experience homes can turn to virtual reality for the unique perspective they crave.

If you're a home seller hoping to experience a whole new way of showing your home, virtual reality may be the tool for you and your real estate agent. Here's what you need to know about using virtual reality to market a home for sale.

Benefits of Virtual Reality

There are many benefits of virtual reality! Here's what you need to know if you're a homeowner trying to sell:

  • Stands out from other forms of marketing. Virtual reality is so different from other
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Smart Ideas to Improve Your BackyardHomeowners don't need to install in-ground pools or coordinate flashy fountain shows to improve their outdoor space. Sometimes it's as simple as adding an outdoor table for everyone to enjoy their favorite meals, or putting in a few extra plants for a little burst of color. Homeowners who want to spend more time in the fresh air should keep the following tips in mind.

Camouflage

Color can do more than invite people outside, it can camouflage the outdoor space and make for a more attractive landscape. For example, owners can add potted plants to the patio so it blends in with the surrounding backyard. When positioning plants, think in terms of both air quality and shade. The plants should be placed near the seating areas to provide a clean air

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Installing a Home Office InformationWorking from home can be very rewarding, especially if you have a specialized space to get the work done. Converting a room of your home into an office can be done in a weekend or over a few weekends, either through a contractor or even a do-it-yourself (DYI) project. Here's what you need to know about turning a part of your home into a work space.

Have a Plan

Decide in advance what kind of furniture you need. Do you need a standing desk, sitting desk, or one that is convertible? Will you need filing cabinets? How many? Assess your daily work flow, the tools that you use to do your job and the amount of space you need to get work done. Create a floor plan of your future office space, to give you some direction throughout the project.

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All About Fixed Rate Versus Adjustable Rate MortgagesMortgages come in many flavors. One of the many things that homeowners can decide when selecting is mortgage is whether their loan will have a fixed or adjustable rate. The interest rate on a mortgage can affect the monthly payment amount. So knowing the difference between the adjustable and fixed rate mortgage, including the pros and cons, can help a home buyer decide what kind of mortgage is right for them. Here's what you need to know.

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

What Is an Adjustable Rate Mortgage? Fixed Rate Mortgage?

Very simply, a fixed rate mortgage is a mortgage with an interest rate that never changes. The fixed rate

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What to Know About Property TaxesMost first-time homeowners realize that along with buying a home will come the responsibility of paying property taxes. What may come as a surprise is how much property taxes can add up to, requiring many to budget for this expense that can amount to thousands of dollars annually. In most cases, however, property taxes are placed in an escrow account should a mortgage be used in buying the home. Understand more about property taxes and a few ways to reduce property taxes today.

For informational purposes only. Always consult with a certified tax expert before proceeding with any real estate transaction.

An Overview of Property Taxes

Property tax will be determined on assessed real estate property. It is generally a value that is in

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How to Research the Real Estate MarketWhether planning to buy or sell a home, it is essential to understand both the basics of real estate and the state of the real estate market. Here are a few tips to get a better grasp on how to determine the market in potential buying or selling regions.

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

Understanding Online Listings and the Multiple Listing System (MLS)

There are many popular online websites to search real estate listings and detailed information. They offer viewers easy access to details such as physical addresses, listing prices, nearby amenities and typically feature photos of homes. Overall, these are all excellent resources to

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