Buying New Homes

 
 
 

 

CALL FOR FREE FORECLOSURE  LIST

702-604-1001

Click Below to search Las Vegas area foreclosures on the MLS.

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For the week of November 2, 2011, data is obtained from the Greater Las Vegas Association of Realtors MLS.

Single Family Residence (SFR)
Available – 10,407 (-190, Last Week 10,597)
Under Contract – 10,719 (-245, Last Week10,964)
Days of Supply – 29 (+0, Last Week 29)
Short Sales – 12,010 (-159, Last Week 12,169)

Condominiums and Town Homes (CONDO/TH)
Available – 1,877 (-50, Last Week 1,927)
Under Contract – 2,129 (-88, Last Week 2,217)
Days of Supply – 26 (+0, Last Week 26)
Short Sales – 2,206 (-51, Last Week 2,257)

Combined SFR + CONDO/TH
Available – 12,284 (-240, Last Week 12,524)
Under Contract – 12,848 (-333, Last Week 13,181)
Days of Supply – 29 (+0, Last Week 29)
Short Sales – 14,216 (-210, Last Week 14,426)



 

 

http://www.vegasreoconnection.com 

 

 

 


 

 

Buying New Homes                                                           

News

News

Look through our site for information on the first time Homebuyers Tax credit, Up to $8000 for qualified buyers.

 

 

Interested in a new home?
Don't go inside without us !

  

Many people don't realize that we can help them purchase a home from one of the new home housing tracts. In many other states, new homes may only be purchased directly through the builder and their on-site agents. However in Nevada, we can show you any of the new homes that are available. At our office we have a "New Homes" computer and are able to search by your requirements to find the best home value for you.

Buyers often think that they will pay extra if they purchase through a real estate agent, but that is not the case. Builders factor in the selling costs when they price their homes and buyers pay the same price whether any agents are involved or not.  In fact, often times we can save them money.

What most people don't realize is that when they go to a new home tract without an agent, they have no representation. The on-site tract agent works for the builder, is representing the builder, and ultimately, is looking out for the builder's best interests. Often, when not represented, the buyer ends up paying unnecessary fees or costs and may not be aware of concessions that the builder might make. Currently there are over 400 different new home subdivisions, in the Greater Las Vegas Metropolitan Area.

Some of the things we help you with are:

  • Choosing a builder with a good reputation, quality construction, and good follow up. (Not one that is almost out of business or one that will sell you a home and then never come back to make any repairs!)
     
  • Choosing the best area with the best value, floorplan, and options; keeping resale value in mind, and keeping you out of areas with known problems. (Currently, there are builders selling in subdivisions where there have been numerous problems with ground movement or settling and they are not required to disclose these facts to you!!)
     
  • Go over in detail what is included and what is optional, lot sizes, CC&R's, etc. so that you are clear about exactly what it is that you are purchasing and can see beyond the wonderfully decorated model.
     
  • Choose what type of financing will work best for you, avoid unnecessary costs and guide you through the steps needed to complete your loan or negotiate for you to get a fair discount for cash.
     
  • Be present at your walk-through to inspect your new home and itemize any needed repairs.

If you are considering a new home, FIRST call us so we can discuss possibilities and then go through some models together. The builders will cooperate with us, but only if we take you through the models and if we take you to the tract the first time. So many times people drive by the models, on the spur of the moment go inside, like the home, then call to ask for our opinion and help. Once they have done this, we may not be able to represent them. New home developments sometimes spend more than $80,000 - $100,000 on each model, decorating and showcasing the home. They have furniture specifically sized for the rooms, show the homes with no interior doors or screens on the windows and situate the homes on larger lots with no other homes next to or behind them. Their marketing people are full-time, professional sales people who work for them. There are some wonderful new homes out there, but it's important that you are represented when you go out looking.

So... the next time you get ready to walk into a new home subdivision, turn around and call us before you open the door and talk with the builder's salesperson. You have everything to gain and nothing to lose.

 

 

Call (702) 604-1001

 

 

 

 

 

 

 

 

Copyright © 2009. Mike Pristow, Donna Hodge & Associates. All Rights Reserved.

Keller Williams Realty, The Marketplace

2230 Corporate Circle #250

Henderson, NV  89074

702-604-1001

                                    

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