Searching for Homes has Never Been Easier...

Searching for Homes has Never Been Easier.

Text 1ZRL to 87778 to download your FREE Realty ONE Group Mobile App for 24/7 Access to Las Vegas Real Estate Listings. It puts the Power to search right in your hands. Also, with the touch of a button, you can reach me directly with any Real Estate Questions. Realty ONE Group - Marcelo V Mayol

Buying a Las Vegas Condo is a True Lifestyle Decision

Existing home sales rose nationally throughout 2013 – and included in those numbers were a good many condominiums. If 2014 will find you investigating the market for a new home, it may be time to give condo living a serious thought.  Buying a condo in Las Vegas can provide many of the benefits of home ownership minus much of the worry that goes with keeping your property. Of course, whether buying a condo is the right housing solution depends on the buyer as well as the particular condo itself – but there are some generalities usually hold true.

Most condominiums include a variety of amenities for the owners. There may be an on-site fitness center, or a pool. Owners may also have access to a club room, or even other features that some of the larger upscale developments offer, such as on-site shopping, hair salons and concierge services.

Whether you call it an ‘amenity’ or not, never having to shovel snow, mow the lawn or worry about property upkeep is certainly welcomed by many. If you are buying a condo in Las Vegas, you’re usually buying everything from the drywall inwards – the rest is owned by the development.

Those amenities don’t come for free. Typically, you’ll be required to make payments to the Homeowner’s Association, or HOA. These fees can be tiny or considerable: ranging from a couple hundred dollars a year to as much as four figures a month. The variation in those numbers make it mandatory to include the HOA fees in your budget when you’re shopping for a condo. Your savings on home insurance and property taxes can be given back in HOA fees.

Many people are drawn to condo living principally because of the accompanying worry-free lifestyle. You get your own living space, are free to modify it, and are working towards owning it rather than just paying rent. However, this lifestyle isn’t right for everyone: you sacrifice a degree of privacy, and don’t have your own yard.

The luxury of condo living will only be enjoyed if you’re comfortable with the lifestyle that goes with buying a condo. Then, if you do think you might be a buying a condo in Las Vegas this winter, call me to review today’s best inventory!

Marcelo V. Mayol

The Mayol Realty Group

Realty One Group

702-812-9990

MarceloMayol@yahoo.com

www.TheMayolRealtyGroup.com

www.YourVegasHomesValue.com

www.VegasHomesDistress.com

www.ShortSaleInfoLV.com

Making the Winning Offer for Luxury Homes in Las Vegas

Like most other parts of the real estate market, luxury homes in Las Vegas are expected to show a rise in demand going forward. Certain luxury homes have inherently superior marketability: luxury homes that both make a ‘statement’ and are priced competitively within their category are the most likely to attract competition between buyers. If you are among those looking for your perfect luxury home in Las Vegas, you could face that kind of competition this summer. Here are three stalwart factors shown to help beat the crowd:

1.            Money Talks

Have your finances ready before you start your home search. If you’re a cash buyer, prepare the qualifying documentation. If needed, get your current home sold, or secure an appropriate mortgage commitment before making your offer. Whether your offer is the highest or not, being able to verify that you have the ability to close on the deal can be a powerful persuader.  At the price point where multi-million dollar lending can be a stumbling block, a verified offer automatically becomes a most attractive feature.

2.            Align Yourself with a Connected Buyers' Agent

Buyers' agents who specialize in Las Vegas’s luxury homes can sometimes make a decisive difference. Being better connected to gain access to off-market or exclusive listings, the right agent may be able to alert you to emerging properties before they hit the broader market. Important because —

3.            Moving Fast Can Seal the Deal

If you are ready to buy and know what you are looking for, as soon as you find the right property, be mentally prepared to make your offer. Every moment you dawdle invites a multiple-offer situation — and though you may still get the house, you can also end up paying more than you should have. Sometimes it just depends on how quickly you are prepared to move.

Luxury homes in Las Vegas can sell more quickly than many of today’s buyers expect. Especially in a changing market, it’s important to have the most adept representation possible. Contact me today if you’d like to discuss this summer’s offerings of luxury homes in Las Vegas.