Leng’s Guide to Buying a Home – Step 3: Choosing & Viewing Homes

After you’ve got your loan pre-approval and told your agent what you’re looking for, you should start getting e-mails with lists of homes that match your criteria. What should I expect? What follows are a lot of mobile phone screenshots and explanations. This is to give you an idea of the kind of information you…

Leng’s Guide to Buying a Home – Step 1: Setting Up Your Wallet

This first step in buying a home is setting up your wallet (getting a loan pre-approval) so that when you go shopping, you can actually make bids on anything you like. For cash buyers, you just need to print a bank statement balance showing enough funds and have it ready. Why should I go through…

How to Obtain a More Reliable Loan Pre-approval

First, what is a loan pre-approval letter? A loan pre-approval letter is a document from a loan officer that states how much of a loan you are approved for and how much you would be putting down for down payment. Note: The more information that the loan officer has reviewed about the buyer’s situation, the…

How Agents Estimate the Value of your Home

A licensed real estate agent needs to understand how to perform a comparative value analysis. This is like a rough but technical estimate of value. Not an official appraisal. In real estate school, we’re taught what factors influence the worth of the home. I don’t need you, the reader, to use me as your agent.…

Why Buyers and Sellers Should Care About Appraisal Value

If you’re looking to buy or sell a home, you should know what appraisal value is. Here’s why: When a person is looking to get a loan on purchasing a house, the lender will usually check the home’s value based on recent sales in the area. They send a real estate appraiser to calculate and…

7 Power Tips for Buying a Home in Las Vegas

How to find and buy a home with confidence and less stress. In the following article, I’ll show you some of my favorite tips for buying a home in Las Vegas. It’s not always as simple as it seems and I hate to see people make simple mistakes that cost them time and money. So…