Buying a home is stressful and time consuming. Plus, with over 27,000 homes on the market, how do you know which ones to consider or whether the one you are considering is a good buy? Below is a list of web pages and videos that will hopefully address many of your questions and concerns. In the section title "Why Work With Me?" I explain how I save you money, time and risk primarily using advanced technology that I developed and which no one else has. In addition to saving you time, money and risk, the consolidated and enhanced information I provide will reduce your stress.
I Save You Time, Money and Risk - There are many subjective attributes that Realtors claim to possess. Usually its something like, "I’ve sold real estate for x years." Or, "No one knows Las Vegas real estate better." The reality is that real estate is a - (More...)
How I Find The Right Home For You - Step 1 - I Listen To You What you want in a home is a combination of of many things and if your Realtor don't listen and develop a profile of your needs and wants you will waste a lot of time seeing the wrong types of homes. The following are some - (More...)
My Information Advantage - Other Realtors are limited to what the MLS provides which are just simple pages like the one shown below on the right. And, if you want to look up information like the school’s accountability report, distance to the strip or even the general - (More...)
One Stop Service - Making a house a home is more than closing escrow. You will need a variety of services and I have referrals for most. Below are a few of the services that my clients regularly need: Accountant Accountant Air conditioning Appliances Appliance repair - (More...)
I Keep You Informed - Keeping you informed all along the way is important or deadlines and critical events can be missed. For example, there are a lot of tasks, milestones and documents between offer acceptance and close of escrow. In order to simplify the process for - (More...)
About Me - After graduating with a degree in engineering with a focus in numerical analysis, I was in marketing or sales for almost 25 years with companies like HP, IBM and Internet startups. I've successfully sold, both individually or driving sales teams: - (More...)
Buying a Home in Las Vegas - Buying a home in Las Vegas is a relatively simple process. It does not matter if you are a US citizen or whether you live in the US or not. I illustrated the steps below with explanations below for each image. 1) Based on the description you - (More...)
Nevada Energy Regulation - Untitled Document Starting January 1, 2011, Nevada has implemented a new law (NRS 113.115(1)) requiring that the seller of residential property provide the purchaser with an evaluation of the energy consumption of the home. Links to the form and - (More...)
Purchase Contract FAQ - This webpage coverers the most frequent questions I receive concerning the purchase contract and the purchase process. Purchase contract structure What agreement is used to purchase real estate in Las Vegas? What does "As Is" actually - (More...)
The Closing Process - Congratulations, your offer was accepted! So what happens next and when? While there are many tasks to be completed before you legally own the property ("getting the keys"), most will be handled by the title company, your lender, the - (More...)
HOA Disclosures - When you purchase a home in a community with an association (also called a Common Interest Community) you are agreeing to abide by the rules and regulations of the community. In order to know what you are agreeing to, by law you must receive a - (More...)
As-Is Properties - When you are buying a residence in Nevada you normally receive a document completed by the seller declaring the condition of the property. This document is named the Seller's Real Property Disclosure form. However, when buying a bank owned - (More...)
The Problem With Short Sales - If you are considering short selling your home, see this page First, a definition: "A short sale occurs when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release the lien that is secured to - (More...)
Bank Owned Properties - Some of the best buys in Las Vegas are the bank owned (REO) properties. Banks need to move these properties and they are priced accordingly. OK, so what’s the downside? In my opinion the downside is small compared to the savings but there is - (More...)
On the Market a Long Time? - Sometimes you will see a property that has been on the market 200 days, 300 days, 400 days or even more. Based o the days on market (DOM) you might assume that either there must be something wrong with the property or that the seller must be - (More...)
Setting Up Services - Escrow has closed and you now own a home in Las Vegas. Congratulations! One of the most important steps now is setting up the services. I put this webpage together in the hope that it will make things easier. However, I find the utilities (no - (More...)
Homestead Law - Once you purchase a home, you will likely start receiving numerous mailers stating the importance of Filing a Homestead to protect their home. For the average homeowner, all this is foreign and there is a lot of misinformation out there. Below is - (More...)
Las Vegas Thoughts - Most people who visit Las Vegas only see the strip and the casinos. Once you leave this area, its just like any other major city except that its cleaner and newer. Below are my thoughts on relocating to Las Vegas from someone who has lived in other - (More...)
Things To Do In And Around Las Vegas - Because it is a great place to live and there is more to do here than almost anywhere else. Plus, no state taxes, business friendly corporate laws, low cost of living, well-paying jobs, reasonably priced homes, low pollution, 310+ days a year of - (More...)
Las Vegas - Gateway to Nature - When you read the title, you probably thought that it was some sort of a joke. It's not. I don't gamble, smoke an rarely drink. I love nature and and Las Vegas is a great place to live. Why? Within 200 miles of Las Vegas you will find a large - (More...)
Internationals - I have lived in other countries and many of my clients are internationals. I know many of the concerns internationals have and I can already address most of them. Below are the answers to the most frequent questions I receive. If you have concerns - (More...)
Canadian FAQ - Canada and the U.S. have enjoyed a close relationship for a long time. Because of this special relationship, Canadians enjoy many advantages such as special financing and more. I summarized the financing program below and in the FAQ answered many - (More...)
Estimating Real Estate Taxes - Property taxes are confusing, no doubt about it. Hopefully this message will clear up some of the confusion. To illustrate the process I will calculate the taxes the following home for the 2009-2010 tax year as an example: 10016 Floragold Ct. The - (More...)
Single Family vs. Town House - People frequently ask me which has a lower cost of ownership: townhouse or single family. The question is a good one and not an easy one to answer since it depends on the specific properties involved and your lifestyle. To show you how I would - (More...)
New or Resale? - I am frequently asked this question and my answer is always that it depends on what matters to you. Below I listed my thoughts as to the advantage of each. New Home Advantages Never Lived In Before - This is most frequent reason people tell me for - (More...)
Financial Advantages of Home Ownership - I am frequently asked by people who are currently renting, "What are the advantages of home ownership." Instead of a long explanation I will provide a simplified financial example that I hope will illustrate the financial advantage home - (More...)
Rent vs Own Calculator - Comparing the financial difference between renting vs. buying is not easy. I've looked at various "comparison calculators" and the one that I feel is the most impartial is one provided by Ginnie Mae, a government organization. The - (More...)
Simple Mortgage Calculator - The following is a simple mortgage payment rate calculator. Just enter the total price of the home (Purchase Price), the amount you intend to barrow, and change the interest rate (I assume 5.25% which is a reasonable rate) and term of the - (More...)
Market Update - The following graphs are updated monthly and reflect the current Las Vegas residential real estate market. The graphs are based on data from the Greater Las Vegas Association of Realtors and other sources. I created this page since I could find no - (More...)
Sample Las Vegas Home Prices - When I move to a new area, I find it difficult get an understanding of what homes cost. I put the following set of homes together so that you could see a span of typical prices. Condo -$50,000 - 1 bedrooms, 1 bath, 1 car garage, 900 sqft. Condo - - (More...)
Clark County Foreclosure Radar Data - The following information is from www.foreclosureradar.com and provides details on forclosures in Las - (More...)
Contact me if you are considering buying or selling Las Vegas real estate. You will be glad you did.
...Eric
Eric Fernwood
RE/MAX CENTRAL
8400 W. Sahara Ave
Las Vegas NV 89117
Email: EricFernwood@gmail.com
Website: www.EricFernwood.com
Investment Blog: Blog
YouTube Channel: YouTube Channel
Cell: 702-358-8884
Fax: 702-202-2020
© 2010, 2011 Eric Fernwood. All rights reserved.