Why is a Home Inspection Important

[wnt_search title=”Search Homes” view=”basic” /]

home-inspection-cartoons-for-pinterest-clipart

Why is a Home Inspection Important?

As a real estate agent I can’t express how important obtaining a home inspection is in both buying and selling a home. And yes that is not a typo I did say in both buying and selling a home. believe it or not I have had clients decline the option to request a home inspection on their contract to purchase a home. Buying a home is a major purchase and I suggest that you know what you are getting into before you own it. At the least the home inspection can at least shed some light onto what you will need to address once the home is yours. As a seller it will be an eye opener. Find a list of top rated home inspectors.

Why do I need a home inspection when buying a Home

For the most obvious reason when you are purchasing a new home home it is smart to obtain a home inspection to protect yourself from major structural, electrical, or water damage. The other cosmetic stuff is nice to know also. When you are buying a home in Henderson and you have negotiated the contract you will have a due diligence period in which to have all inspections completed. On the contract there are many different types of inspections that you can request such as mechanical inspection, structural inspection, pool/spa inspection, and termite inspection just to name a few. You as the buyer can request as many inspections as you want however it is typically the buyers responsibility to pay for them. The best way to determine what type of inspections that you might request are based on disclosures from the seller, information about the home on the Multiple Listing Service, information from the neighbors, any damage seen on visual inspection or just anything that concerns you prior to moving into a new home.

How to choose a home inspection company?

When it is time to perform inspections you will have the choice of inspectors to choose from. We have a list of companies that past clients have used to provide to you however you can always use your own company. One thing that I do highly suggest is to always call and interview any inspection company you choose with questions and concerns. Find a list of questions to ask a home inspector.

What is on a home inspection report?

The inspection report is a very thorough report on all the mechanical functions and a visual check of all aspects of the home. These items include but are not limited to; water, electrical, leaks, corrosion, air conditioner, heater, water heater, thermostats, dishwasher, garbage disposal, fire safety, pool and spa, pool equipment, lighting, stove, oven, drywall, and much more.  The inspector is a critical backup to our visit to the home to make sure that we didn’t miss anything when you fell in love and decided to write an offer. Depending upon the home inspection company that you choose to perform the inspection, typically you will receive a 50 page report with photos and a summary page with the items the inspector deems the most concerning. With the summary page in hand you will be able to request repairs from the seller or have the documentation to have an item of concern further inspected. From start to finish the home inspection process can take 1 to 3 hours to complete. This does not always include the final report that you will receive at the end. It could take 24 – 48 hours to receive the final report from the inspector. The only time this could be a concern is if we are close to the end of our due diligence period, however we as your agent will monitor that time frame you. If you choose to perform any other inspections you will also receive a written report with the findings.

How much does a home inspection cost?

Size of home, type of home, age of home and whether there is a pool or spa play a factor into the cost of the home inspection. Every home inspection company has a different matrix on the cost of an inspection however lets say you are purchasing a home with the following statistics: 3 bedrooms, 2 bathrooms, 2000 square feet, pool and spa the typical cost will be between $350 – $450 for an inspection. You can find companies that cost less however I would caution to ask the questions prior to hiring a home inspection company based on price. Each inspection you choose will be a separate charge and can add up to be pretty expensive. I always suggest to my clients to start with a mechanical inspection and go over any other areas of concern with the inspector and ask if you should inspect it further. This way you have an expert recommending how to address your concerns. List of local home inspectors that our past clients have used.

Should I attend the home inspection?

It is a good idea to attend the inspection if at all possible however it is not necessary. The inspector will be all over the home in the inspection and following them around might distract them from getting to all aspects of the home in the allotted time. I suggest that if you are going to attend the inspection that you show up the last hour to half-hour to have the inspector show you anything that they have found that they think need to be addressed. At this time you will also be able to ask any questions about other areas that concern you. Remember the inspector is working for you. The inspector will walk you through the home and make sure all your questions are answered. If you are unable to attend the inspection, which happens a lot, you will be able to reach out the inspector by phone or email with any questions.

Why do I need a home inspection when selling a Home?

I mentioned that getting a home inspection prior to selling your home is also a good idea. The home inspector can go through the home and be a disinterested third party to help point out repairs that a buyer might see. This can benefit you the seller because you will be able to address any areas of concern prior to the home going on the market. This can translate into a higher offer and more money in your pocket if the buyer doesn’t see any need for discounts due to repairs they will have to address.

 

We would love to earn your trust and represent you when you buy or sell in Henderson Nevada area. Contact us today to set up an appointment ernie@gonzalesteam.com or 702-291-8126.

 

[wnt_grid keyid=”1″ maptype=”disabled” ownertype=”all” paginated=”true” sortoptions=”true” maxresults=”25″ search_mode=”form” primarysearchtype=”active” searchtype=”city” state=”NV” min_price=”100000″ max_price=”500000″ listing_status=”Active” city=”Henderson” /]

 

 

What’s My House Worth?

Have you ever thought, What’s my house worth? These are the 7 steps to pricing your property.

I work in the Henderson NV market every day helping buyers and Sellers; Don’t you want a Realtor working for you who knows the market?

Sell Your Henderson NV Home

 

 

 

 

 

 

 

For more information about Henderson NV and  a FREE search of houses for sale in your price range please contact Ernie Gonzales
I would love the opportunity to earn your business and represent you when you sell or buy in the Henderson and Las Vegas area.

Whether you are considering selling your house or just want to know what your house is worth there are many factors that are considered when finding the value of your home. Many seller’s rely upon the national real estate sites to give them an estimate however those online sites don’t take into account condition, upgrades, market conditions and other factors that play a major role in value. To get a clearer picture of what your house is worth it is a good idea to get a FREE Comparative Market Analysis from a Realtor® or pay for an Appraisal. An appraisal could set you back between $300 to $500 depending upon the appraisal company and type of appraisal performed. Both the Realtor® and Appraiser will value your property using the current market conditions, condition of the property, size of the property, upgrades, location and sold comparable properties. The Realtor® will take the listing price one step further and take into account why you are selling and what time frame you need the property to be sold in to determine the best value for you. This will ensure that you will stay on track with your plans for relocation.

7 Steps to What’s my house worth?

  1. Current Market Conditions – The real estate market is always shifting and based on the market we are currently in it will affect the value of your property. There are three main types of real estate markets; seller’s market, buyer’s market or a stable market. The indicators of what the current market conditions are based on supply and demand. If we have a low supply of inventory and many buyers we are in a seller’s market. If we have an abundance of supply with few buyers we are in a buyers market. If we have enough inventory and it is being absorbed in an equal manner we are in a stable market. In the Henderson and Las Vegas area, a six-month supply is a stable market. Anything lower is more of a Seller’s market and anything higher is a Buyer’s market.
  2. Condition of Property – Is your home a fixer-upper? Is your home emaculate? Have you done all the maintenance yourself or hired a professional? The condition of your home plays a major role in the value. Of course a home with no need of repairs will demand more money in all markets, even a fixer can get top dollar in a sellers market.
  3. Size of Property – When doing the comparative market analysis both a Realtor® and Appraiser will compare your home to other homes within the same size and square footage. In a tract home community, it will be easy to find size matches. However in a custom home community or a community where there have been fewer sales it can be difficult. If there are no exact home matches both will make pricing adjustments up or down for differences. Square footage, rooms, garage, pools, etc. all have a numerical value attached to make the adjustments.
  4. Upgrades – Does your property have upgrades? Are the upgrades for you or are they something that any prospective buyer would love? If they are upgrades that add no value except to you while you live in the home they might not add value to the bottom line. Yes, there are many upgrades that do not add value to a home. The upgrades that most buyers are looking for are upgraded kitchens and bathrooms with such items as granite counter tops, tile floors, custom two-tone paint, stainless steel appliances, tile backsplash, upgraded cabinets. An expert will be able to tell you what upgrades add value and what upgrades were for your enjoyment.
  5. Location – The first lesson in selling is LOCATION, LOCATION, LOCATION!! Where your property is located has a huge impact on the value. Each neighborhood in the Henderson area has a specific supply and demand which can in turn affect property values.
  6. Sold Comparable Properties – What comparable homes have sold within the last 6 months? Are they comparable in square footage, bed count and style? A Realtor® and an Appraiser will study the market and pour over all the most recent sold comps that match your property to come up with a value. And as explained in the previous step, size of property, they will make adjustments in value based on the comparables.
  7. Why are you selling? – One step that only a Realtor® will take into account is, why are your selling? Sometimes the reason you are selling your property will trump the current market value. What I mean by that is if you are relocating across the country for instance and you must be there by a certain date you will be more apt to price your home to sell within 30 days. Another scenario may be you are buying a new home that is being built and it is going to be 6 months before you have to move. Then you will price it to sell within 3 to 6 months.

 

There are many factors that go into pricing your property and I would love to represent you when you sell your property in Henderson NV.

Contact Ernie Gonzales for a FREE comparative market analysis from agents with over 25 years local real estate experience and go over our comprehensive online marketing plan to get your home SOLD!

 

[wnt_featured keyid=”1″ title=”Market Place Listings” autoplay=”true” direction=”left” speed=”5″ ownertype=”agent_broker” maxresults=”50″ /]

What is My Home Worth

 

 

 

 

 

 

 

 

 

 

[wnt_grid keyid=”1″ title=”Homes Just Listed in Henderson” maptype=”disabled” ownertype=”all” paginated=”true” sortoptions=”true” maxresults=”50″ search_mode=”form” primarysearchtype=”active” searchtype=”city” state=”NV,UT,CA,AZ” min_price=”60000″ max_price=”1000000000″ listing_status=”Active” city=”Henderson” newListings=”1″ /]

Preparing Your Home For Sale

Easy Inexpensive Ways For Preparing Your Home For Sale

WHAT’S MY HENDERSON HOME WORTH TODAY? FIND OUT NOW!

Sell your home green valley Henderson nv

 

Now that you have decided to sell your home in the Henderson NV area, I am sure you are wondering how to prepare your home to sell quickly and for the highest amount. Fortunately there are several easy inexpensive ways for preparing your home to sell and stand out to prospective home buyers, because the last thing you want is for your property to sit on the market with no offers. The best way to prepare your home for sale is to look at your property with an objective eye and put yourself in a buyers shoes.

Curb Appeal

The first thing a buyer will see is the curb appeal as they drive up. They will be making judgments from the first moment they see the home, and it’s a fact that acquiring the highest amount of money and elevating your home above the rest in the same price range often comes down to first impressions. Sometimes they will even not get out of the car to view the home because of the curb appeal. There are several easy steps you can take to ensure this will not happen. The most inexpensive and effective way to maximize curb appeal is to make sure that your yard is free of all weeds, clutter and trash. If you have grass make sure it is green. I know in Henderson hot desert heat keeping your grass green can be difficult, however if you follow the watering schedule it can be done. Trim all trees and bushes. Clean windows and the front door. Also complete any projects or minor repairs that may have stacked up. The buyer will think that there will be problems inside if there are problems outside and that could equal less money in your pocket.

Staging

Did you know that well-placed furniture and depersonalizing your property can help the buyer picture themselves living their. If furniture is placed properly it can make a room seem larger. Or that something as simple as opening the blinds or turning on lights can make a room seem bright and cheery.  It’s true, which is why staging your home to look its absolute best is an important factor in the selling process. Some inexpensive ways to highlight your home’s best features would be to update the interior with fresh paint in neutral tones and new fixtures. Depersonalize by removing family photos, religious items, political posters and any kids drawings or pictures off of refrigerator. Remove clutter by removing knickknacks and excessive furniture. Do a deep cleaning and stage the house to show how the rooms are supposed to used.

 

Accessibility

Accessibility to view the property plays a major role in the time on market. The more flexible you are about showings, the more people will be able to see you property. If you put restrictions on when a buyer can view the property it will ultimately add up to a longer time on market and possibly less money in your pocket. Be ready to welcome prospective buyers from morning to evening and even on the weekends. Sometimes there will be very little notice. Some suggestions to do  for showings would be:

  1. Turn on all lights and open the blinds during the daytime.

  2. Play quiet background music and infuse your home with a comforting scent.

  3. Have a safe and comfortable place for all pets during showings. It is even better to remove the pet from the home and all their goodies.

  4. If you can vacate the property when being shown to prospective buyers. This will make the buyers feel more comfortable during the showing. If you can’t vacate staying in another room and let the agent show the buyer around is best.

Have a home in Henderson to sell? Call 702-291-8126 to discuss your potential home value and our comprehensive marketing plan. On average, The Gonzales Team gets Henderson homeowners 102% of their asking price.

 

Image courtesy of [home on scales by renjith krishnan] at FreeDigitalPhotos.net

What is Escrow?

 

What does Escrow Mean?

WHAT’S YOUR HOME WORTH TODAY? FIND OUT NOW! 

If you are thinking of selling your property contact the Gonzales Team to receive a FREE Market Insider report. Ernie and Leah Gonzales 702-291-8126

Sell your home Henderson NV

You now have an accepted offer and the next step your agent says that is going to happen is escrow. What is escrow? Escrow is the time period from executed contract to the closing date. Typically the escrow process takes 30 days to close. However depending upon the type of transaction, escrow can be as short as a few days or as long as 90 days or even longer.

Simply defined, escrow is a deposit of funds, a deed or other instrument by one party for the delivery to another party upon completion of a particular condition or event.

Many important steps take place during the escrow process. First and foremost the buyer deposits the agreed amount of Earnest Money Deposit from the contract into the Title Company. Either the buyer can give a check to the real estate agent to deliver to title or they can wire the funds directly into escrow. This needs to be done within 24 hours of contract acceptance.

The escrow officer at title will follow the instructions of the executed contract and work with the lender to close the transaction. The title company will execute escrow instructions, pull a title report, order all demands and liens, order HOA, complete lender conditions, compile numbers for lender, payoff bills, meet with the buyer and seller to sign documents and then finally record the deed.

Title handles the legal escrow process to transfer ownership, the lender takes care of the loan process during escrow and the real estate agents remove all contingencies during escrow and assist the buyer and seller to get to the closing.

The title company during the escrow process safeguards all parties interests. They are only a third party and must follow instructions that are agreed upon by all parties involved.

All CURRENT available homes in Las Vegas NV

All CURRENT available homes in Henderson NV

Las Vegas NV homes under $100,000

Las Vegas NV Homes $100,000 to $200,000

Las Vegas NV Homes $200,000 to $300,000

Las Vegas NV Homes $300,000 to $400,000

Las Vegas NV Homes $400,000 to $500,000

Las Vegas NV Homes $500,000 to $600,000

Las Vegas NV Homes $600,000 to $700,000

Las Vegas NV Homes $700,000 to $800,000

Las Vegas NV Homes $800,000 to $900,000

Las Vegas NV Homes $900,000 to $1 Million

Las Vegas NV Homes $1 Million to $20 Million

Henderson NV Homes under $100,000

Henderson NV Homes $100,000 – $200,000

Henderson NV Homes $200,000 – $300,000

Henderson NV Homes $300,000 – $400,000

Henderson NV Homes $400,000 – $500,000

Henderson NV Homes $500,000 – $600,000

Henderson NV Homes $600,000 – $700,000

Henderson NV Homes $700,000 – $800,000

Henderson NV Homes $800,000 – $900,000

Henderson NV Homes $900,000 to $1 Million

Henderson NV Homes $1 Million to $20 Million

If you are thinking of selling your property contact the Gonzales Team to receive a FREE Market Insider report. Ernie and Leah Gonzales 702-291-8126

The Gonzales Team of Keller Williams Realty Henderson NV

Ernie and Leah Gonzales

ernie@gonzalesteam.com 702-291-8126

10424 S. Eastern Ave, #200

Henderson NV 89052

Image courtesy of [Team colored people by Vlado] at FreeDigitalPhotos.net

How to Price a Home for Sale

 

Price your Property | How to Price a Home for Sale

WHAT’S MY HOME WORTH? FIND OUT NOW!

If you are thinking of selling your property contact the Gonzales Team to receive a FREE Market Insider report. Ernie and Leah Gonzales 702-291-8126

Sell Your Henderson NV Home 2

When you meet with the Gonzales Team real estate agent for the listing consultation before you sign the listing contract you will need to price your property. There are many factors that go into pricing a property such as market conditions, market value, condition of property, how soon you need to be out and location. As you can see none of them involve what you owe on the property. That would be why we have so many short sale listings in the Henderson and Las Vegas area.

Your Gonzales Team agent will come to the listing appointment prepared with a comprehensive Comparative Market Analysis (CMA) that will break down the market conditions in your area. Your agent will be able to explain the current market conditions based on what properties are selling and what properties are not selling. A CMA is very similar to an appraisal however it is done by a real estate instead of an appraiser. Just like an appraisal a CMA is an opinion of value.

Part of the listing consultation needs analysis is to find out why you are selling your home. This will have a huge impact on how you price your property to sell. That is why just calling several agents and asking them over the phone what they think the value of your home doesn’t work. The agent needs more information from you and to view the property to be able to make an informed opinion of value.

Your agent will supply you with the CMA and an opinion of value to match your needs and time frame. However you are the final decision maker on the price you choose to sell your home. At this point it is very important to not let you emotions get the better of you because that can cause you to loose money in the long run. You might ask, how can you loose money? As an example, if you price your property to high in a downward market you will start chasing the market as it goes down. Instead if you price it right you will get the right offer immediately.

If you want more information to avoid the pitfalls of pricing your home contact the Gonzales Team they will go over the listing consultation with you and put a plan in place to sell your property for the most amount of money, with less frustration and in the least amount of time.

Search homes that match your current home to see what they are selling for

All CURRENT available homes in Las Vegas NV

All CURRENT available homes in Henderson NV

Las Vegas NV homes under $100,000

Las Vegas NV Homes $100,000 to $200,000

Las Vegas NV Homes $200,000 to $300,000

Las Vegas NV Homes $300,000 to $400,000

Las Vegas NV Homes $400,000 to $500,000

Las Vegas NV Homes $500,000 to $600,000

Las Vegas NV Homes $600,000 to $700,000

Las Vegas NV Homes $700,000 to $800,000

Las Vegas NV Homes $800,000 to $900,000

Las Vegas NV Homes $900,000 to $1 Million

Las Vegas NV Homes $1 Million to $20 Million

Henderson NV Homes under $100,000

Henderson NV Homes $100,000 – $200,000

Henderson NV Homes $200,000 – $300,000

Henderson NV Homes $300,000 – $400,000

Henderson NV Homes $400,000 – $500,000

Henderson NV Homes $500,000 – $600,000

Henderson NV Homes $600,000 – $700,000

Henderson NV Homes $700,000 – $800,000

Henderson NV Homes $800,000 – $900,000

Henderson NV Homes $900,000 to $1 Million

Henderson NV Homes $1 Million to $20 Million

The Gonzales Team of Keller Williams Realty Henderson NV
Ernie and Leah Gonzales
ernie@gonzalesteam.com   702-291-8126
10424 S. Eastern Ave #200
Henderson NV 89052

 

Image courtesy of [house and money on scale by iosphere] at FreeDigitalPhotos.net