Home Buying Guide For Las Vegas, Nevada
Home Buying Guide
These are the secrets of buying the best house possible. This is the ultimate guide for home buying. No matter where you are buying this can be used as a guide to buy your home.
Before you even start to look at homes you should be preapproval by a mortgage company, not prequaled. If you want to be in the best negotiating position with the seller then go for a preapproval. Seller's and their agents know that anyone can just pick up the phone and talk a few minutes and get a prequaled letter. It's not worth the paper it's written on. A preapproval is when all information is verified and the loan is only subject to finding a home and an appraisal. So many things can come up that can prevent you from getting a mortgage. ie; bank account not open long enough, a blemish on a credit report, a judgment,. A preapproval picks this up and prevents the mortgage up front rather than later on when money is spent for appraisals and inspections and the like.
When a listing agent looks at an offer, they look at other things besides the lender's letter. They also look at the strength of the buyer. How much is he putting down? They look at the time the lender needs to close the loan. So all things go into a good offer, and being in the best place to negotiate takes all these things into consideration.
If you have a home to sell, sell that home first. A contingency sale doesn't give you any buying power. The seller isn't going to want to take a lower price offer from a buyer that has a home to sell before they can close on his home. If he has to wait , he's going to want full price. Then what happens is someone else comes along and puts an offer in on your dream home, and you lose it because you don't have the time to get a good offer on your property. You will take the first offer that you can get because you don't have the time. Hurrying could cost you thousands of dollars. Banks and Short sales will not take a contingency offer.
Buying a home in Las Vegas ? You will find that there are bidding wars over the available homes. If you are not in the perfect position to buy a home and do it on the spot, you will be lost in the bidding wars and at the bottom of the list of which the seller can choose from.
Stop calling all the ads. Remember the person writing the ad is representing the seller. Naturally they are going to tell you the good things about the property. They are not going to tell you it's in a flood zone, or high tension wires run through the property. You need someone on your side, looking out for your interests. You need your very own real estate agent. Your very own agent will critique the property according to your needs.
Whether you decide to work with me or not, I always recommend that you hire an agent that you are comfortable with and stick with that agent. Please take a look at my profile http://activerain.com/pyoestc21 to see if you might feel comfortable with me.
I hope this home buying guide will be of use to you, whether you are buying a home in Las Vegas or anywhere for that matter.
Your Best Friend In Real Estate
Pat Yoest
Selling Mistakes FSBO Sellers Make
Help for selling your home in Las Vegas, NV.
First of all, a FSBO is a term that a Realtor gives to seller when they are trying to sell their own homes. It means for sale by owner. We have actually taken the term and used the initial that each of the words start with. There is nothing wrong with trying to sell your own home, people do it every day. I will even help you by advertising your FSBO property on my sites. Before you start to sell your home , please beware of these selling mistakes that most people make while trying to sell your own home.
The biggest mistake is not pricing your home for the market that it's in. There is a real danger in pricing it too high. If you price it too high, buyers will expect more because it is selling for more than any other homeas in the neighborhood. They will become dissapointed and lose interest if it is not priced properly. Let me help you price your home by requesting a free market evaluation. There is no obligation the market analysis is free.
If you have had an appraisal done for refinancing, don't mistake the appraisal for market value. These appraisals are often to entice you to refinance and are high. The best thing to do is have a Realtor do a market evaluation. Call me and I can arrange to do this for you , as I told you above. 702-521-1442
It is a mistake to not showcase your home. Home staging works wonders and saves time in the long run. See what staging can do for your home by looking at these before and after pictures that my friend Linda has done. Clean closets and de-clutter the home. Remove over sized furniture to create a spacious feel. Paint if necessary. If you can't afford to stage or do repairs, clean the home and make sure it's presentable, at least. If major items are broken adjust the price and be sure you tell the buyer.
Don't make the mistake of trying to "hard sell" when showing it to prospective buyers. If your home were listed the agent would ask you to leave and let the buyer's go through. So, it's your home and you have to show them through, but I would let them go through and tell them if they have questions to ask.
It's a mistake to try to sell "looky lous" because they are at least 6-8 months away from buying. This may be a neighbor or someone you know. They are just snooping and not really serious.
Not knowing your rights and responsibilities is a big mistake. Make sure you can answer the questions they may ask correctly. Giving them the wrong information can lead to a law suit. You should contact an attorney to have them draw up the papers. You will also need to use a title company.
Don't limit the amount of marketing. You will need to market in a lot of different ways to sell your property. You will need to show it when the buyer wants. Don't let your job keep you from selling your home.
How will you know if you have a qualified buyer? Your buyer should have a preapproval letter from a lender to prove that he can qualify for this home.
These are all things that you need to think of when selling your home. I am willing to help you sell your own home. and in return if it gets to be too much for you, you allow me to do everything for you. Contact me now pyoestc21@aol.com or call me at 702-521-1442. This is what I do don't be discouraged if you can't do it. No one said it was easy. But I promise to make it as easy as possible for you.
Please feel free to browse my website to see if you would like to use the website to advertise your home www.nevadainvestmenthomes.com visit my profile http://activerain.com/pyoestc21 to find out if you are going to like me.
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Steelers VS. Ravens
For those of you who don't know the Ravens, they are Baltimore's team. On their way to the Superbowl the Pittsburgh Steeler's have to play them. This is always a grudge game because both teams are in the same division. I won't say anything about them because it might come back to me. I am just for the Steelers . Go Go, go, go Steelers.
I live in Las Vegas, so I had to check the books. All I will say is that the Steeler's are the favorites. Why wouldn't they be, they are my favorites.
For all you Steeler Fans in Las Vegas come to PT's Pub on Eastern and St. Rose Parkway for the home of the Pittsburgh Steelers. All of the club members are originally from Pittsburgh. We cheer and yell our team on to victory. For all you Steeler fans who couldn't make it here is what they are saying about our Pittsburgh Steelers.
This information brought to you by Pat Yoest of Century 21 Aadvantage Gold . I love referrals. Check me out at www.nevadainvestmenthomes.com. If you are a Steeler's fan looking to buy or sell a home call me now. Even if you are not a fan contact me at pyoestc21@aol.com
Your Best Friend In Real Estate,
Top 10 Selling Zip Codes In Las Vegas
Fourth quarter Statistics are in and I thought I would give you some information that not everyone is reporting. The following had the most sales, out of all the zip codes in Las Vegas. Refer to Map Quest for the location of these .
zipcode # sales average price average sq. ft. average price per sq. ft.
1. 89031 479 $112,174 1805 $62
2. 89123 384 $140.348 1693 $82
3. 89148 358 $151,730 1899 $79
4. 89108 336 $72398 1356 $52
5. 89052 335 $278,954 2350 $108
6. 89131 319 $187,953 2306 $79
7. 89178 306 $160.157 2050 $48
8. 89129 305 $145,487 1940 $73
9. 89140 304 $159.931 2025 $71
10.89117 301 $154.074 1798 $78
We have based this on the number of sales in the zip code. We do not recommend a specific zip code All zip codes have good things about them. Please visit our website to search the MLS for free, just like the Realtors do. After you have searched call me 702-521-1442 to see the homes you have picked. We create lifestyles and make dreams come true.
2nd and 4th quarter statistics
The Pat Yoest Team is with Century 21 Aadvantage Gold in Las Vegas. Please visit us at www.nevadainvestmenthomes.com
Your Best Friend In real estate
Pat Yoest
Short Sale Investors In Las Vegas
Short Sale Investors
Did you know that in order to negotiate the sale of a short sale with the bank, you must have a license? I have calls from investors all the time requesting that I give them my listings to negotiate , and they will buy them. I represent the seller and you are the buyer. That is not a good thing for anyone that is involved in the transaction. There have been many lawsuits over short sales, and many have lost their licenses over this type of thing. Sellers do not like the idea of their buyer negotiating their short sale. They may feel that personal information is being conveyed to the wrong parties.
I do send my short sales out and they have a close rate of 85%. That is a fantastic rate. They are a professional company and they are licensed to negotiate. They cut down the time spent in negotiations, and they save me the time. I am no longer on the phone for hours at a time waiting for the negotiator to answer. If you purchase short sale investments, then you know how much time can be saved by having someone do it for you. I concentrate on getting together with the seller and coordinating their package and papers that go to the bank.
Streamline your business by letting me do the work on your short sales. You might just find that more of your sales are going through, and you are making more money. Make the choice now to do short sales through me. Contact me at the above number 702-521-1442 or visit my web site.
Your Best Friend In Real Estate
Pat Yoest
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A multimillion dollar producer, 38 years experience, I am a full service buyer's agent, listing agent, residential investment agent. I sell & list small commercial, foreclosures, and short sales.
About me
I am originally from Washington, Pennsylvania, a little community outside of Pittsburgh. My family owned a window cleaning business there. I wrote a blog just to say hello
My career as a real estate agent started in 1973 with Hammil Quinlan Real estate. They were later bought out by Merrill Lynch. I was second in sales for the South Hills office.
The real estate market in the 80s was a tight market. Interest rates were at 18%, but people still bought houses. My first client was for a listing. The owner was being transferred with Westinghouse. I got the buyer for both sides of the transaction. and we referred the buyer to a Realtor in Atlanta. I have been hooked on real estate ever since.
I met my husband in 1984. We were married after a whirlwind courtship. We now have a family of three children, and two grandchildren. We moved from Pennsylvania in 1995. We were not sure if we were going stay in Las Vegas, so we rented a home in Henderson in Whitney Ranch. We had to move for work, and Las Vegas was a booming area offering lots of work. I went to work for Century 21 Consolidated, and we settled in. Although we now are residents of Las Vegas, we have kept our team the Pittsburgh Steelers. Gooooooo Steelers.
Las Vegas is our home now. We live in the Green Valley area. We bought our home in 1998. We rented until we found something we liked. Lots of people rent now that there are so many people losing there homes. looking for a rental home contact me at 702-521-1442 or pyoestc21@aol.com . If you are losing your home and still want to be a homeowner, talk to me about Rent To Own programs. With this type of program you do not need stellar credit.
We have fond memories of Pennsylvania and my husband and I have family there., but Las Vegas is our home. We have fond memories here too . We have added to our family , we now have two grandchildren. We aren't going anywhere.
People who say Las Vegas is not for families are wrong. Lots of families live here, it's the values you bring to the place you live. We have lots of good friends and even brought people we know out here because of the economy. Our economy is not what it used to be but we are rebuilding as are a lot of cities in this country. Businesses are hiring once again and again Las Vegas will grow. If you are looking to relocate to the area, please visit my web site at Nevada Investment Homes
At first, it was hard getting used to block walls around us, and no trees. The summer's were tremendously hot and it almost never snowed. Somehow as the years went by, we bought a home, made memories, added grandchildren, and it became apparent we were never going to move. We really settled in.
The Las Vegas real estate market was a good one, and I loved my job. I met some friends at my job and we decided to change broker's because we were unhappy at the one we were with. We stayed with Century 21 because the brand had something to offer in the way of recognition. We went to Century 21 Distinctive, later they were bought out by Century 21 Aadvantage Gold and I have been with them ever since. Why stay with Century 21 you ask? I stay because they keep up with what's hapening in the world today and no matter where you live , or where you are going to live there's an agent to help you. If you are being transferred let us make it easier by referring you to an agent where you are going. Let us move you to Vegas. Send for our free relocation kit
My career with Century 21 has been exciting, and rewarding for me. I am a multi-million dollar producer with awards such as Centurion, Centurion Team, Pacesetter Platinum award, and The Summerlin award for top sales in the company. My broker is Mike Brelsford, and Sandy Ford. I love them both they are like family. You can find my office at 7230 S. Eastern, Las Vegas, Nv. 89123 and you can call me at 702-719-2100. Expect me to answer my phone , as long as it is not in the middle of the night. I am kidding, I do answer my phone in the middle of the night in case of emergencies.
I became the Realtor for top real estate investors Dolf De Roos of Rich Dad Poor Dad fame, and Gene Burns. They had a goal to buy 52 hous in 52 weeks which we did in less than that time. They held real estate seminars and investors from far and wide would come to listen to how to buy investment homes. I became very versed in the owner finance methods of selling homes which is now under fire with the Safe Act. I still work with investors in listing and selling small commercial and residential real estate. Dolf and Gene wrote a book about the adventures we had called "52 Homes In 52 Weeks"in which I am the Realtor. I became so busy that I had to have other Realtors to join me and we are The Pat Yoest Team. Please feel free to visit my website for more information about me and my team.
I hope I have told you everything about me and my background that you get an idea of what I am about and where I am at in my Life to decide if you want to work with me. If there's something I missed, please contact me and let's go have a coffee and I will tell you what you want to know. I bring to the drawing board experience, education, a shoulder to lean, and an ear to listen. Your dreams of owning real estate can come true with the Dream Catcher team of Realtors. Search for that perfect home at http://own.nevadainvestmenthomes.com
My Roots my blog to introduce myself
We are versed in all strategies of buying and selling investment real estate. We are experienced in negotiating the best deal for our buyer's and sellers. We are also experienced in foreclosure, short sale, and distressed property marketing and sales. Avid investors ourselves, we strive to make your investment of a primary residence , or income property the best that can be purchased. We specialize in high cap rate investments. Want a cap rate of 15-40% on a rental property? We are your best friend in real estate.
We specialize in the buying, and selling of residential and small commercial for investment or personal purposes. We specialize in Marketing properties through rent to own, and seller financing of investments. We specialize in only the best investments with high cap rates, or investments that can be purchased far below market. We Secure rock bottom prices of real estate for our clients by exposing them to the foreclosure, short sale, and auction processes.
For seller's we do a comprehensive study of market conditions, market prices, and buying trends to help prepare them to sell their properties. We do Broker Price Opinions for the banks and we are very experienced in pricing properties for our clients. Pricing a property correctly is the most important thing about taking a listing. We market our listings extensively. We are experienced in negotiating the best possible deals for our sellers, while giving buyers a good deal. This done by pricing the property at the best price. We have an extensive database of clients which enables us to move your property quickly. If you are trying to sell your own home look at these great pointers and don't make common mistakes most FSBOS make.
All listings are placed in the multilist, advertised in newspapers, advertised by signs, and advertised on the internet. We advertise your property on social media sites, such as Facrebook, or Twitter, Activerain. We run several blogs such as http://patyoestlasvegas.com , and http://www.trulia.com/blogs/theinvestmentblog/ We have marketed extensively and are faniliar with marketing strategies that sell houses. We realize the market is a difficult market for sellers. Many people are losing their homes. If you are losing your home, please contact us asap. We can discuss your options and make plans to move forward. You need to realize that you do have options and The Pat Yoest Team can be a valuable tool to you in your crisis. We are experienced in negotiations with banks and can take some of the pressure off you. Call us now for your free consultation. 702-521-1442
Many of our homeowners are under water, meaning that they owe more than the house is worth. Please let us do a free market analysis of your home and find out just where you are. If you still want to sell you can do a short sale if the bank approves. We have an 85% approval rate and can handle that for you. Call us now for a free consultation and to order your free market analysis. 702-521-1442
Buying a home is one of the single most stressful thing that you can do in life. It's a complicated process and you should have an experienced buyer's agent to light the path of your search. No price home is too little and no price is too high. We are your best friends in the real estate game. We can help you with a list of players at every step of the way. We are connected to lenders, title agents, banks, and attornies, home inspectors, home warranty places and you name it we have the connections. See our buyer's guide for Las Vegas, We can give you up to date information on zip codes for the Las Vegas area.
Are you credit challenged? Have less than perfect credit? We have the answer with a contract of sale or rent to own. Whether it is for investment or personal use it doesn't matter. We can put you in a home. You will need a small downpayment . and your credit doesn't matter. call us now for owner finance programs 702-521-1442 Rent To Own program
We are experts on the areas that we serve . For up to the minute informationon the Las Vegas, Henderson, and Pahrump areas of Nevada visit our website www.nevadainvestment homes. Want to know the fastest selling zipcodes in Las Vegas?
Please visit our web page at http://nevadainvestmenthomes.com for more information on buying or selling a home. It crammed packed full of information on the different areas of Las Vegas. Sign up for newsletter. Moving to Vegas? Send for our free relocation package.
We are versatile in all areas of real estate . Contact us now and put our expertise to work. 702-521-1442
Check out my interview with the appraisal company Valuation Nation http://valuation-nation.blogspot.com
Please feel free to Google me .
If you are a Realtor, and would like to refer a client to us, we pay a 25% referral fee, and when referring someone to you, we would of course request a 25% fee.
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Pat is true professional in the real estate industry. She places her clients first above everything else and has been a pleasure to work with. Her dedication to her craft has made her someone I would recommend any buyer to!" January 30, 2010
Johnathan Edwards , Home Mortgage Consultant , Wells Fargo Home Mortgage
was with another company when working with Pat at Century 21 Aadvantage Gold
Michelle Goldman
(client)
Michelle hired you as a Real Estate Agent in 2003 and hired you more than once Top qualities: Great Results, Expert, High Integrity\
"Pat is a proven professional, from first contact through closing, she knows her business. Very knowledgable about the market, evaluates the deal, has abundance of experience and is very detail oriented. I have worked with Pat over the past 6 years, purchased 2 homes with her, sold one, leased the other, she has handled all aspects of all of the transactions from beginning to end with great results. She is honest, trustworthy and is always acts inthe best interest of her clients." March 21, 2009
Nicholas Capra
(client)
Nicholas hired you as a Real Estate Agent in 2009 and hired you more than once
Top qualities: Great Results, Personable, Expert
"I have been a full time real estate investor in Las Vegas, NV since 1993. I endorse and recommend Pat Yeost as a Realtor who is knowledgeable and is always ready to expand that knowledge base to stay many steps ahead of the competition. I have consulted with Pat on numerous occasions, and it is my opinion that she would be an asset to anyone's team." January 13, 2010
DARREN GEORGE
, LOAN CONSULTANT, RMS & ASSOCIATES (business partner)
was with another company when working with you
"Working with Pat is a pleasure. She is honest and direct, without being abrasive or pushy. Pat understands the big picture, but never overlooks the details along the way." March 23, 2009
Rob Oryl
, Founder & CEO, Valuation Nation (business partner)
was a consultant or contractor to you
"Pat is a valued connection and an asset to my network. She is very personable and always professional." August 31, 2009
Rob Oryl
, Founder & CEO, Valuation Nation (business partner)
was a consultant or contractor to you
"Pat is a valued connection and an asset to my network. She is very personable and always professional." August 31, 2009
"Pat is a proven professional, from first contact through closing, she knows her business. Very knowledgable about the market, evaluates the deal, has abundance of experience and is very detail oriented. I have worked with Pat over the past 6 years, purchased 2 homes with her, sold one, leased the other, she has handled all aspects of all of the transactions from beginning to end with great results.
Nicholas Capra
(client)
Nicholas hired you as a Real Estate Agent in 2009 and hired you more than once
Top qualities: Great Results, Personable, Expert
"I have been a full time real estate investor in Las Vegas, NV since 1993. I endorse and recommend Pat Yeost as a Realtor who is knowledgeable and is always ready to expand that knowledge base to stay many steps ahead of the competition. I have consulted with Pat on numerous occasions, and it is my opinion that she would be an asset to anyone's team." January 13, 2010
DARREN GEORGE
, LOAN CONSULTANT, RMS & ASSOCIATES (business partner)
was with another company when working with you
"Working with Pat is a pleasure. She is honest and direct, without being abrasive or pushy. Pat understands the big picture, but never overlooks the details along the way." March 23, 2009
"Pat is a proven professional, from first contact through closing, she knows her business. Very knowledgable about the market, evaluates the deal, has abundance of experience and is very detail oriented. I have worked with Pat over the past 6 years, purchased 2 homes with her, sold one, leased the other, she has handled all aspects of all of the transactions from beginning to end with great results. She is honest, trustworthy and is always acts inthe best interest of her clients." March 21, 2009
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