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Text Content

 * HOME


 * SEARCH
   
   * by City
   * by Map
   * by Zip Code
   * by Listing #
   * New Today
   * Price Updates


 * FAVORITES
   
   * Buy Home Las Vegas Frequently Asked Questions & Answers Sell Home Las Vegas
   * Las Vegas Real Estate Agent Resources
   * Las Vegas Relocation Services


 * BUY
   
   * Anthem Country Club Real Estate - Simmons Real Estate Group
   * Canyon Fairways Real Estate - Simmons Real Estate Group
   * Canyon Gate Country Club Homes for Sale - Canyon Gate Real Estate
   * Country Club Hills Real Estate - Houses For Sale in Country Club Hills
   * Desert Shores Real Estate - Houses For Sale Desert Shores Las Vegas
   * Eagle Hills Real Estate Las Vegas - Simmons Real Estate Group
   * Houses for Sale on Lake Las Vegas - Homes for Sale Lake Las Vegas
   * Inspirada Homes for Sale - Simmons Real Estate Group
   * Iron Mountain Ranch Homes for Sale - Iron Mountain Real Estate
   * Las Vegas Houses For Sale - Simmons Real Estate Group
   * Macdonald Highlands Homes For Sale - Simmons Real Estate Group
   * Mountain Trails
   * North Las Vegas
   * Providence Las Vegas
   * Real Estate Henderson NV - Henderson Nevada Homes For Sale
   * Red Rock CC
   * Seven Hills
   * Southern Highlands
   * The Ridges
   * The Summit Club
   * Tournament Hills


 * SELL
   
   * Your Home Worth
   * Sell Home Las Vegas


 * CONDOS
   
   * Allure Las Vegas
   * Boca Raton Las Vegas
   * Cosmopolitan Condos
   * Jockey Club
   * Juhl Las Vegas
   * Loft 5
   * Luna Di Lusso
   * Marie Antoinette
   * MGM Signature Las Vegas
   * Mira Villa Summerlin
   * Newport Lofts
   * One Las Vegas
   * One Queens Ridge
   * Palms Place
   * Panorama Towers
   * Park Avenue
   * Park Towers LV
   * Regency Towers
   * Sky Las Vegas
   * SOHO Lofts
   * The Manhattan
   * The Martin Las Vegas
   * The Metropolis LV
   * The Ogden
   * The Platinum
   * Trump International
   * Turnberry Place
   * Turnberry Towers
   * Vdara
   * Veer Towers
   * Waldorf Astoria


 * BLOG


 * MORTGAGES


 * CONTACT US

(702) 738-4565   


 * HOME


 * SEARCH
   
   * by City
   * by Map
   * by Zip Code
   * by Listing #
   * New Today
   * Price Updates


 * FAVORITES
   
   * Buy Home Las Vegas Frequently Asked Questions & Answers Sell Home Las Vegas
   * Las Vegas Real Estate Agent Resources
   * Las Vegas Relocation Services


 * BUY
   
   * Anthem Country Club Real Estate - Simmons Real Estate Group
   * Canyon Fairways Real Estate - Simmons Real Estate Group
   * Canyon Gate Country Club Homes for Sale - Canyon Gate Real Estate
   * Country Club Hills Real Estate - Houses For Sale in Country Club Hills
   * Desert Shores Real Estate - Houses For Sale Desert Shores Las Vegas
   * Eagle Hills Real Estate Las Vegas - Simmons Real Estate Group
   * Houses for Sale on Lake Las Vegas - Homes for Sale Lake Las Vegas
   * Inspirada Homes for Sale - Simmons Real Estate Group
   * Iron Mountain Ranch Homes for Sale - Iron Mountain Real Estate
   * Las Vegas Houses For Sale - Simmons Real Estate Group
   * Macdonald Highlands Homes For Sale - Simmons Real Estate Group
   * Mountain Trails
   * North Las Vegas
   * Providence Las Vegas
   * Real Estate Henderson NV - Henderson Nevada Homes For Sale
   * Red Rock CC
   * Seven Hills
   * Southern Highlands
   * The Ridges
   * The Summit Club
   * Tournament Hills


 * SELL
   
   * Your Home Worth
   * Sell Home Las Vegas


 * CONDOS
   
   * Allure Las Vegas
   * Boca Raton Las Vegas
   * Cosmopolitan Condos
   * Jockey Club
   * Juhl Las Vegas
   * Loft 5
   * Luna Di Lusso
   * Marie Antoinette
   * MGM Signature Las Vegas
   * Mira Villa Summerlin
   * Newport Lofts
   * One Las Vegas
   * One Queens Ridge
   * Palms Place
   * Panorama Towers
   * Park Avenue
   * Park Towers LV
   * Regency Towers
   * Sky Las Vegas
   * SOHO Lofts
   * The Manhattan
   * The Martin Las Vegas
   * The Metropolis LV
   * The Ogden
   * The Platinum
   * Trump International
   * Turnberry Place
   * Turnberry Towers
   * Vdara
   * Veer Towers
   * Waldorf Astoria


 * BLOG


 * MORTGAGES


 * CONTACT US

(702) 738-4565   


VEGAS BUYERS AGENT | LAS VEGAS BUYER SEARCH


PURCHASING A LAS VEGAS HOME IS MOST LIKELY THE BIGGEST FINANCIAL DECISION YOU
WILL EVER MAKE. WHETHER THIS IS YOUR FIRST PURCHASE OR YOU ARE AN EXPERIENCED
BUYER, THIS DECISION MUST BE MADE CAREFULLY.

Why Do You Want To Buy?

Are you tired of paying rent? Have you decided to pay your own mortgage and not
your landlord’s? Have you outgrown your current home? Are you looking for an
investment portfolio? Are you looking for a rental property? Would you like a
larger yard? Would you rather live in a different area? Do you want to shorten
your commute? Having a clear sense of your reasons for buying will help you
choose the right property.

Has Your Income Grown?

Property ownership is an excellent investment; whether you are looking for your
dream home, a rental property, or to expand your investment portfolio. Owning
real estate is one of the least risky ways to build equity or to obtain a
greater return on your initial investment.

Buying a property requires making many important financial decisions,
understanding complex issues and completing a lot of paperwork. It helps to have
an expert in your corner when undertaking such a large purchase. We can guide
you through this process, and also provide you with access to property listings
before they hit the general market.

Here are some factors to consider when choosing your real estate professional:

 * Look for a full-time agent—one who has experience completing transactions
   similar to yours.
 * Interview a few agents: Are they familiar with the area in which you are
   interested?
 * Ask how much time the agent will have for you, and if they are available at
   night and on weekends.
 * Ask about their credentials and education: A good agent will continually
   strive to improve and gain knowledge of the latest real estate trends and
   hold the highest designations in their respective fields of expertise.
 * Does the agent return your calls promptly? Time is money when attempting to
   buy a property.
 * Ask for a list of properties they have sold or a list of references.
 * Choose an agent who listens attentively to your needs and concerns. Pick an
   agent, with whom you feel comfortable.

Once those preparations are out of the way, it is time to find the right
property for you.

Take a Drive.

Get to know the neighborhoods, complexes, or subdivisions, that interest you.
Drive around and get a feel for what it would be like to own a property in the
area. Start getting a sense of the properties available in those areas.

Narrow Your Search.

Select a few properties that interest you the most, and have your real estate
agent make appointments to visit them. Ask your real estate agent about the
potential long term resale value of the properties you are considering.

Time to Buy.

Once you have picked out the property you want to purchase, your real estate
agent can help you make an offer that the seller will accept. A good agent will
investigate the potential costs and expenses associated with the new property.
An agent can also help you draft your offer in a way that gives you the
advantage over another offer.


THE PROCESS, STEP-BY-STEP

The Initial Agreement and Deposit.

An effective agreement is a legal arrangement between a potential purchaser and
the property’s seller.

Some important tips to keep in mind to streamline the process are:

 * Keep written records of everything. For the sake of clarity, it will be
   extremely useful to transcribe all verbal agreements, including
   counter-offers and addenda, and to convert them into written agreements to be
   signed by both parties. We will assist you in drafting all the paperwork for
   your purchase and make sure that you have copies of everything.
 * Stick to the schedule. Now that you have chosen your offer, you and the
   seller will be given a timeline to mark every stage in the process of closing
   the real estate contract. Meeting the requirements on time ensures a smoother
   flow of negotiations so that each party involved is not in breach of their
   agreements. During the process, we will keep you constantly updated, so you
   will always be prepared for the next step.

The Closing Agent.

Either a title company or an attorney will be selected as a closing agent. The
closing agent will hold the deposit in escrow and will research the complete
recorded history of the property to ensure that the title is free and clear of
encumbrances by the date of closing and that all new encumbrances are properly
added to the title. Some properties are subject to restrictions that limit
various activities, such as building or parking restrictions. There may be
recorded easements and encroachments, that limit your rights to use your
property.

How to Hold a Title.

You may wish to consult an attorney or tax advisor on the best way to hold
title. Different methods of holding title have different legal, estate, and tax
implications, especially when selling or upon the death of the title holder.

Inspections.

Once your offer is accepted by the seller, you will need to have a licensed
property inspector inspect the property within the time frame that was agreed
upon in the effective contract to purchase. You may elect to have different
inspectors inspect the property, if you wish to obtain professional opinions
from inspectors who specialize in a specific area (eg. roof, HVAC, structure).
If you are purchasing a commercial property, then you will need to have an
environmental audit done on the site for the lending institution. We can
recommend several different inspectors.

Depending on the outcome of these inspections, one of two things may happen:

1. Either each milestone is successfully closed and the contingencies will be
removed, bringing you one step closer to the close, or

2. The buyer, after reviewing the property and the papers, requests a
renegotiation of the terms of contract (usually the price).


APPRAISAL AND LENDING.

It is imperative that you keep in close communication with your lender, who will
let you know when additional documents are needed to approve your loan
application and fund your loan. If the agreement is conditional upon financing,
then the property will be appraised by a licensed appraiser to determine the
value for the lending institution, via a third party. This is done so that the
lending institution can confirm their investment in your property is accurate.
Appraisers are specialists in determining the value of properties, based on a
combination of square footage measurements, building costs, recent sales of
comparable properties, operating income, etc. When you are within two weeks of
closing, double check with your lender to be sure the loan will go through
smoothly and on time.

Association Approval.

If the property that you are purchasing is conditional upon an association
approval, request the rules, regulations, and other important documents from the
seller as soon as you have an effective agreement to purchase. Make sure that
the application documents and processing fees are submitted to the appropriate
person at the association by the required time. Fill out all of the information
completely and legibly so there is no delay in processing the application. If
you are required to meet with the association for your approval, make an
appointment as soon as possible for the interview. Most associations require a
certificate of approval before move-in. Your closing agent will request that the
original copy of this approval letter be brought to the closing, so that it can
be recorded with the deed in the county public records.

Property Insurance.

If you are obtaining a loan, you will be required by your lender to purchase a
certain amount of insurance on the property. The value will depend on the
lending institution and the purchase price of the property. You may be able to
save hundreds of dollars a year on homeowners insurance by shopping around for
insurance. You can also save money with these tips.

 * Consider a higher deductible. Increasing your deductible by just a few
   hundred dollars can make a big difference in your premium.
 * Ask your insurance agent about discounts. You may be able get a lower premium
   if your home has safety features such as dead-bolt locks, smoke detectors, an
   alarm system, storm shutters or fire-retardant roofing materials. Persons
   over 55 years of age or long-term customers may also be offered discounts.
 * Insure your house NOT the land under it. After a disaster, the land is still
   there. If you do not subtract the value of the land when deciding how much
   homeowner’s insurance to buy, you will pay more than you should. We will be
   happy to recommend experienced knowledgeable insurance agents for every
   property type.


CLOSING DAY

If you have come this far, then this means that it is almost time for a
congratulations, but not yet. Do not forget to tie up these loose ends:

Final Walk-Through Inspection.

More of a formality than anything else, the final inspection takes place a day
before, or the day of the closing. You will visit the property to verify that
all is in working order, everything is the same as when you last viewed the
property, that there are no extra items left behind, and that everything
included in your purchase is still at the property.

Home Services and Utilities.

We will provide a list of useful numbers for the activation of home services and
utilities after the closing occurs.

Be Prepared.

We are ready to assist you should an unforeseen glitch pop up, even at this last
stage. Something at the property breaks down, or some other minor detail – no
need to worry. We have encountered these problems before, so we know how to
handle them efficiently and in a stress-free manner.

Closing.

The closing agent will furnish all parties involved with a settlement statement,
which summarizes and details the financial transactions enacted in the process.
You and the seller(s) will sign this statement, as well as the closing agent,
certifying its accuracy. If you are obtaining financing, you will have to sign
all pertinent documentation required by the lending institution. If you are
unable to attend the scheduled closing, arrangements can be made depending on
the circumstances and the notice that we receive. If you are bringing funds to
the transaction, you can elect to either have the funds wired electronically
into the closing agent’s escrow account, or bring a certified bank check to the
closing in the amount specified on the settlement statement. The seller should
arrange to have all property keys and any other important information for you at
the closing so that you may receive these items at this time.

 

 

Please describe your dream home.

First Name: Last Name: Email: Phone: When are you moving:  Now Within 2 Months
Within 6 Months Within a Year
Describe your ideal property. Location(s): Price Range: Beds: Baths: Square
Feet: Lot Size: Age of Home: Other Details: Verify: Help us fight spam, please
enter the numbers shown below.  





James Simmons, REALTOR®, e-PRO, ABR, RRG, SRES & RALS
(702) 738-4565 Mobile
Click Here to Email Me


Monticello Realty LLC
(702) 777-0002 Office
7495 West Azure Drive #110
Las Vegas, NV 89130

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Waldorf Astoria


The data relating to real estate for sale on this web site comes in part from
the INTERNET DATA EXCHANGE Program of the Las Vegas REALTORS® MLS. Real estate
listings held by brokerage firms other than this site owner are marked with the
IDX logo.

LVR MLS deems information reliable but not guaranteed. Copyright 2021 of the Las
Vegas REALTORS® MLS. All rights reserved.

The information being provided is for the consumers' personal, non-commercial
use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.