Las Vegas New Construction Home Buyers Get Answers

For most of us, the appeal of new construction—a brand new home which your family is first to own—is undeniable. The idea of being able to select your own floor plan with a layout you like and upgrades built to order is hard to beat. 

But home shoppers looking for new construction in Las Vegas should be particular. If their future home is to meet expectations, some sophisticated questions should be asked and answered before any agreements are reached. 

Home models are usually decked out with the best and most expensive furnishings and finishes, unlike more modest packages, where the unadorned dwelling is delivered without any fancy stuff. When you are viewing a home in a Las Vegas new construction development, be sure to ask how much that specific model costs—as-is. You can bet that the figure will be substantially higher than the most widely-advertised low-end price…and when you question what features create the price differences, you’ll readily determine if those are features you consider indispensable. A little arithmetic, and you’ll know how much your home will run. 

Some developers have better reputations than others, and you’ll want to work with the very best. Ask for references, of course, and do your own online investigation. Look at the previous new construction projects the developer has worked on and check whether they’ve had numerous complaints filed against them. Don’t necessarily trust every grumpy comment; but you can tell from the general level of satisfaction what you’re likely to experience.

Las Vegas new construction proceeds as a complex process—one where it pays to monitor progress to confirm that you’re getting exactly what you want (with no changes or alterations accidentally slipping through). Before signing on the dotted line, be sure you understand exactly what the construction process entails, and when and how often you’ll be able to enter the site to monitor progress.

Asking the right questions and monitoring finishing work is key in preventing unwanted surprises when it comes to new construction. If you’re interested in learning more about new homes and developments in Las Vegas, I’m just a phone call away!

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

#themayolrealtygroup

Buying a Home in Las Vegas is No Do-It-Yourself Project!

Buying a home in Las Vegas is hardly a do-it-yourself kind of project. Having confidence that all the i’s are dotted and the t’s crossed requires the input of professionals whose daily dealings keeps them in touch with the current legal and financial arenas. 

Call them the “Fundamental Four” — the four groups of professionals you will want to have on your team when buying a home in Las Vegas this winter.

First and foremost, you need to be sure the money factor is handled in an advantageous way. By far the most popular route is via a mortgage: a home loan. Your specialist here is the professional mortgage broker. He or she will advise you on the types of mortgages available this winter; will work with you to determine the amount you qualify for, the different payment plans you can choose, and guide you through the maze of paperwork. 

A real estate agent does more than just sparing you the trouble of going through the listings to find a suitable home. Yes, your agent will help you identify Las Vegas homes for sale that suit your budget and preferences, but will also be a vital part of the negotiating process and the disclosure and associated paperwork. Your agent is actually the professional who ties together the work of all your other consultants. 

The inspector is your expert when it comes to verifying the quality of the property itself. He will inspect and prepare a comprehensive report on every critical physical aspect. Buying a home can’t be a guessing game when it comes to the state of the structure itself: your inspector will help you determine if it fits the price tag.

The title/escrow company facilitates the actual transaction itself, which can be a bit more complicated than you might think. They will prepare all the legal documents after inspecting the title of the property, and, via contract, oversee the timing as the home is transferred from the seller to you.

Thinking of buying a home in Las Vegas this winter?  Start with the information that’s just a phone call away.  Contact me today!

Marcelo V. Mayol

The Mayol Realty Group

Realty One Group

702-812-9990

MarceloMayol@yahoo.com

www.VegasHomesDistress.com

www.ShortSaleInfoLV.com

New Home Search Goals Change with Circumstances

As you begin any search for a new home in Las Vegas, it’s worthwhile to take a step back — to take a momentary time-out to consider widening the range of possibilities. 

For many families, the kind of home they are looking for is a foregone conclusion. Either they want a customized house in a new development, or a new home that they will build themselves, or they may be pointed toward an existing house in an established neighborhood. 

It’s a worthwhile exercise to look at the assumptions behind those fundamental housing preferences. After all, this is a very basic choice that will greatly affect every family member’s quality of life for a very long time. As you would expect, most of the time such evaluations result in confirming the original direction: people who prefer a sparkling new home will wind up checking out the new developments; those who gravitate toward stately, tree-lined streets will point toward existing homes in established neighborhoods. 

No surprise there. But there is value in understanding the root causes why one direction has more appeal than another. Understanding those reasons can tell you what qualities are really most important in your new home. It can clarify what you should be looking for in your search.

 If you have become a true do-it-yourselfer who takes satisfaction in presenting a distinctly individualistic personality to the world, a model home in a sparkling new development might now hold less appeal than it did previously. But if your new promotion has made for a more high-energy, career-centered lifestyle, time factors alone might make the advantages of a turnkey new home in a development decisive.

What turns out to be as important as anything else is whether your current living situation has changed enough that a new kind of home choice might be worth considering. Especially when you are about to embark on as important a project as finding a new home in Las Vegas, take a moment to be sure that more than momentum lies behind your basic direction. Then I’ll be ready, willing and able to help you find a Las Vegas new home that fills the bill!

Marcelo V. Mayol

The Mayol Realty Group

Realty One Group

702-812-9990

MarceloMayol@yahoo.com

www.VegasHomesDistress.com

www.ShortSaleInfoLV.com

My New Home Workshop 6/27/13

Please join us for a My New Home Workshop, being held on Thursday 6/27/13 @ 6:30pm - 8:00pm. Location is at the Chase Branch on W Flamingo & the 215 (4125 S Grand Canyon Dr Las Vegas, NV 89147).

Buying a home is one of the most important financial decisions you will ever make and as with any big decision, you want to be sure you know your facts and options first.

Expert guidance. Real life examples. In depth explanations.

The My New Home Workshop offers everything you need to know as you prepare to buy a home.

This educational workshop will help you to:

- Understand your costs up front.

- Determine a price range that's realistic and comfortable for you.

- Know more about how a real estate agent can help you.

- Learn how your credit score can impact your loan.

- Identify the paperwork you need for a smooth loan process.

Visit www.chase.com/MyNewHome/learn for more information, online tools and resources.