|You decided to sell your home and have listed it with a reputable, professional Realtor. At the moment the market is still in your favor, (if you want my opinion about the market check-out this post). Here are some factors to keep in mind besides the money offered for your home. |
You most likely end up with many great offers on your home. Choosing which one will benefit you most has a few key factors. The type of financing, earnest money deposit and contingencies can have a big impact on the process. Some sellers want a quick closing or more time to coordinate planning a move.
Thinking about these items thoroughly will save you from missing out on getting what you need out of your biggest asset. One of the best things you can do before you list your home for sale is to have a home inspection. In today’s market buyers are looking for homes that are move-in ready. Homes without blemishes – inside or outside. Having a pre-listing home inspection helps you to remove any problems that are likely to be revealed when a buyer does his inspection. Don’t get me wrong, you can sell a house in any condition, you just sell it for a little less if it is a little sub-par (even in this market).
If a potential buyer makes a cash offer, ask for proof of funds before accepting it. This proof will usually come in the form of a bank or investment account statement. Each should show that the buyer has the funds necessary to complete the transaction. When you have a potential buyer that intends to get a mortgage, there should always be a
pre-approval letter included in an offer on their lender’s letterhead, which is different (and stronger) than a pre-qualification.
Also you may want to pick an offer with a sizable earnest money deposit, also known as a good-faith deposit. This is a sum of money that a buyer sends to escrow to prove that he is serious about purchasing the home. A deposit that’s worth 1% to 2% of the sale price is normal – remember this quote “The higher the deposit, the stronger the offer.” Of course, it is usually refundable for a period of time
You might want to consider offers with less contingencies, which are the benchmarks buyers set that need to be met for the transaction to continue moving forward. For example, many buyers will want to include an inspection contingency in the purchase contract. This means the buyer will need time to have your home inspected. And if any issues are found, a buyer might ask you to make repairs or provide a credit. If there is an appraisal contingency, a satisfactory appraisal of your property must be conducted. If the appraisal doesn’t match the agreed-upon price of the home, you and the buyer will have to reach a new agreement before settlement.
The stipulation here is that anytime a contingency can’t be satisfied, the buyer has a chance to walk away from the purchase with his
earnest money deposit in hand. Obviously, from a seller’s point of view, the fewer chances the buyer has to exit the transaction, the better. With that in mind, it may be a good idea for you to select an offer that has the fewest contingencies from the start. No matter how attractive the price is, if the buyer does not complete the purchase, it won’t matter. This is why cash offers are often accepted, even at a lower offer price. Sellers see a cash offer as removing a lot of the risk of the transaction falling apart due to a buyer’s inability to get financing or the appraisal value coming in below the sale price.
Last but not least is considering your optimal timeline for heading to the settlement table and moving out. Moving out is a lot of work, especially if you’ve lived in the home you’re selling for a while. To that end, you’re going to want to ensure that you choose an offer with a closing date that suits your needs. Often, a seller will move out, and then close the sale, however, you may want to ask to move out after the sale, to make the transition to your next property smoother. If you hire me to be your agent, we will go over all of these options (and more) as I help you navigate the process. You should know I get sellers more than most other agents, so you probably at least want to interview me.
Do you have a need for commercial/industrial/retail buildings or land? Are you ready to buy or sell a home? Do you want a guaranteed cash offer? We can help you with all of that… just call us at 702 SELL NOW or click on this link to my website http://www.702SellNow.com Choose to have an amazing day….Jeff
|All Realtors in the Las Vegas area know that roofing issues are a common issues in a home inspection report. Many buyers become concerned when roofing issues arise, however most roofing issues are very common and are easy to handle. The more people know about concrete tiles roofing the easier it is to allay fears and make intelligent and informed decisions.|
|A Concrete Tile Roof is Not “Maintenance Free” They call it “the 50-year roof” when speaking of concrete tile roof. They can last a very long time. But they are not maintenance free. In fact, it is a common item that will have some sort level of maintenance recommendation in most home inspections. Periodic maintenance needs to be performed to keep the roof in a sound and leak-free condition. I’d like to give you some insight about concrete tile roofs as it pertains to home inspections.|
|Damaged Tiles The most common cause for damage to concrete tile roofing is the wind. The wind gets under the tiles causing them to shudder, shimmy, chip, and crack. Sometimes the wind can even move the tiles out of proper position. The majority of the roof tiles (the field tiles) are held in place with only one nail. Most homeowners do not know that concrete tiles do very little (if anything) to keep moisture out of the home. In fact they’re not water tight at all. The primary purpose of concrete tiles is to protect the waterproof material. Rolls of felt paper or “felt”, as it is known in the building industry is located under the tiles. The felt is petroleum impregnated and repels water. Oil and water do not mix, so the felt is what is keeping the water out.|
|Protecting the Felt Without the concrete tiles installed over the felt, the felt would be exposed to direct sunlight. Direct sunlight carries strong ultraviolet rays. UV rays cause the petroleum in the felt to evaporate. When the felt dries out from prolonged exposure to UV rays the felt then loses its ability to repel water and the potential for a leak is high. Concrete tiles protect the felt from the damaging ultraviolet rays and also act as an insulator. Makes sense to me.|
|Roofing issues in Conjunction with a Home Inspection First you need to know that the majority of homeowners never do the required recurring maintenance associated with a roof (I admit I don’t). It is extremely common for an inspector to find cracked or missing tiles or tiles out of proper position. I don’t think I have ever seen an inspection report that did not find 2-5 minor issues like this. This is fine and nothing to get overly concerned about. Chances are this will not contribute to a water intrusion issue. However, cracked or missing roof tiles is not an issue that should be ignored, either. If this issue arises on your inspection then it is very prudent to ask the seller to perform the required routine maintenance to the roof. And in my experience, most will agree to do it (or offer a credit for you to do it). It is extremely critical that this deferred maintenance be performed only by a licensed and qualified Roofing Contractor Regardless of whatever warranty the Roofing Contractor states he will honor the fact is the workmanship the contractor provides carries with it a statutory warranty of one year. It is extremely important that the prospective homebuyer is provided with a copy of the repair invoice in order to be able to enjoy the statutory warranty benefits.|
|Repairs to Be Performed When a roofing contractor is retained the contractor should be directed to review the entire roof and all associated components and corrected as needed to restore the roof to a normal, sound condition. There are areas of the roof where vent pipes for plumbing, the furnace, the water heater, bathroom and laundry room fans penetrate the roof. These penetrations are sealed with mineral flashing, which is a “goopy” viscous product that is applied at the base of the penetrations. Mineral flashing is petroleum impregnated and repels water – just like felt. The mineral flashing is often exposed to direct ultraviolet rays from the sun, and it needs to be renewed periodically. When addressing cracked tiles it is important to understand that unless a concrete tile is cracked more than 25% of the face of the tile then the tile does not require replacement. It can be repaired with cement epoxy. If tile replacement is necessary, it’s important that the homebuyer understands that the contractor will attempt to match the color as closely as possible but an exact match is often not possible. In fact, the Nevada State Contractors Board allows for up to 10% of the tiles to have differing colorations., so do not expect an exact match when tiles are replaced. Generally, most Roofing Contractors will charge between $200 and $300 to perform the needed minor deferred maintenance. The cost can rise, of course, if additional issues are discovered. It is important that the Roofing Contractor also provide an assessment of any felt that has been exposed to ultraviolet rays. If you are preparing to sell your house, or if it has been a while since anyone qualified has looked at the roof, it’s a good idea to get it looked at. If you need a roofing referral, contact me, Jeff Howard, your Realtor for life! I have a lot of contacts to help you keep your home in top condition! Do you have a need for commercial/industrial/retail buildings or land? Are you ready to buy or sell a home? Do you want a guaranteed cash offer? We can help you with all of that… just call us at 702 SELL NOW or click on this link to my website http://www.702SellNow.com Choose to have an amazing day….Jeff|
|I think this important information for everyone to be aware of since it can affect your credit rating.|
|Equifax, Experian and TransUnion, the three nationwide credit reporting agencies – – have agreed to three important changes to reporting medical collection accounts.|
|• Paid medical collection debt will no longer be included on consumer credit reports, as of July 1, 2022. • The time period before unpaid medical collection debt will appear on a consumer’s report will be increased from six months to one year, also effective July 1, 2022. This change gives consumers more time to work with insurance and/or healthcare providers to address medical collection debt before it appears on credit reports. • Medical debt collection accounts under at least $500 will no longer be included on consumer credit reports. This goes into effect the first half of 2023.|
|These significant changes to medical collection debt reporting support consumers faced with unexpected medical bills. These changes will help many of your credit scores go up. Of course better credit scores are wonderful if you are thinking about buying a home. Do you have a need for commercial/industrial/retail buildings or land? Are you ready to buy or sell a home? Do you want a guaranteed cash offer? We can help you with all of that… just call us at 702 SELL NOW or click on this link to my website http://www.702SellNow.com Choose to have an amazing day….Jeff|
Tickets for shows at Super Summer Theatre go on sale May 1, 2022. Spring Mountain Ranch State Park is exactly 10 miles west of the 215/West Charleston intersection.
All performances are outdoors and run Wednesday – Saturday (excluding September’s production which runs Thursday – Saturday). I have been a fan for years and have even performed out there! It’s a magical place to spend a summer evening.
The following is this summer’s line-up:
|PS Productions brings us a Musical based on the Stories of P. L. Travers and the Walt Disney Film Original Music and Lyrics by Richard M. Sherman and Robert B. Sherman, Book by Julian Fellowes, New Songs and Additional Music and Lyrics by George Stiles and Anthony Drewe The jack-of-all trades, Bert, introduces us to England in 1910 and the troubled Banks family. Young Jane and Michael have sent many a nanny packing before Mary Poppins arrives on their doorstep. Using a combination of magic and common sense, she must teach the family members how to value each other again. Mary Poppins takes the children on many magical and memorable adventures, but Jane and Michael aren’t the only ones upon whom she has a profound effect. Even grown-ups can learn a lesson or two from the nanny who advises that “Anything can happen if you let it.”|
Performance Dates: June 1 – 4 June 8 – 11 June 15 – 18 June 22 – 25
Presented through special arrangement with Music Theatre International
First Step Productions brings us the feel-good musical comedy smash based on the hit 1992 film that has audiences jumping to their feet!
Music by Alan Menken, Lyrics by Glenn Slater, Book by Cheri Steinkellner & Bill Steinkellner, Additional Book Material by Douglas Carter Beane
When disco diva, Deloris Van Cartier, witnesses a murder, she is put in protective custody in the one place the cops are sure she won’t be a found: a convent! Disguised as a nun, she finds herself at odds with both the rigid lifestyle and uptight Mother Superior. Using her unique disco moves and singing talent to inspire the choir, Deloris breathes new life into the church and community but, in doing so, blows her cover. Soon, the gang is giving chase, only to find them up against Deloris and the power of her newly found sisterhood.
July 13 – 16
July 20 – 23
July 27 – 30
Aug 3 – 6
Presented through special arrangement with Music Theatre International (MTI).
Majestic Repertory Theatre brings us the story of an extraordinary girl who, armed with a vivid imagination and a sharp mind, dares to take a stand and change her own destiny.
Book by Dennis Kelly, Music and Lyrics by Tim Minchin, Based on the book, Matilda by Roald Dahl
Matilda is a little girl with astonishing wit, intelligence and psychokinetic powers. She’s unloved by her cruel parents but impresses her schoolteacher, the highly loveable Miss Honey. Over the course of her first term at school, Matilda and Miss Honey have a profound effect on each other’s lives, as Miss Honey begins not only to recognize but also appreciate Matilda’s extraordinary personality. Matilda’s school life isn’t completely smooth sailing, however – the school’s mean headmistress, Miss Trunchbull, hates children and just loves thinking up new punishments for those who don’t abide by her rules. But Matilda has courage and cleverness in equal amounts, and could be the school pupils’ saving grace!
Aug 24 – 27
Aug 31 – Sept 3
Sept 7 – 10
Presented through special arrangement with Music Theatre International (MTI).
For 2022 Summer Season they are offering $17.50 cash/check in office sale ahead of show date. $20 credit (online and in office sales) . $20 credit (online and in office sales). Day of Show Tickets (Both Online and at the Gate):$25.00 limited availability
Children: 5 and under are free, regular ticket price for all other children.
For the first time ever, there will be a limited number of seats that can be reserved when patrons purchase their tickets. A limited number of reserved chairs and reserved blankets at the front of the Meadow will be available for each performance.
Chairs are $75 each, and blankets are $150 for two persons or $250 for four persons. Blanket purchasers get to keep their blanket!
Reserved chairs and blankets must be purchased at least one day in advance of the performance.
Do you have a need for commercial/industrial/retail buildings or land? Are you ready to buy or sell a home? Do you want a guaranteed cash offer? We can help you with all of that… just call us at 702 SELL NOW or click on this link to my website http://www.702SellNow.com
Choose to have an amazing day….Jeff