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Buying a Home

So you've decided to live the American Dream and buy a home. Despite the sometimes crazy market conditions in Las Vegas, the prices and historically low interest rates still make it a good time to buy! Las Vegas home values are still reasonable and interest rates in 2017 are still historically low. U.S. Department of Housing & Urban Development (HUD) has information on comparing mortgage terms (pdf file), homebuying programs in your state, and more. Here is a Bankrate.com link to help you calculate how much home you can afford. Here is another affordability calculator from TotalMortgage.com: Affordability Calculator
If you're concerned about your credit score, there are credit repair agencies that offer a money back guarantee if your FICO score isn't raised a certain amount. See my links below for contact information for a local company.

3 Steps!

Simplified, there are 3 steps on the path to ownership.

Step 1, procure financing. You may have cash on hand to purchase a home, or you may need financing.

Step 2, find a home! (This is where I come in...) I will search for available homes on the market using the criteria you specify. Need a big kitchen? A large garage? A small maintenance-free yard? A single story? The more wants and desires you have, the faster we can whittle down the available properties and find you the perfect home! See the links below for school and crime information.

Step 3, buy the home. Whether we have to work through a short sale, negotiate an equity sale or purchase a foreclosed property, I will be with you every step of the way. We will write a strong offer, find a trustworthy inspector and make sure that we can close escrow on time!


Pre-qualification is done over the phone or internet with a simple form. They generally ask for a ballpark amount for your income and expenses, and they give you an idea of what amount you are likely to be approved to spend.

Pre-Approval means they have requested your credit report, verified your income with pay stubs, income tax returns, etc. You can sometimes lock in an interest rate provided you enter a contract in the near future, and they can usually give you a number pretty close to your actual mortgage payment.

Contact me for some referrals for mortgage brokers with whom I have worked, and of course you are free to use your personal bank/credit union.

Current Mortgage Loan Interest Rates:

Mortgage Rate Averages
Free mortgage rate averages by Bankrate.com

Helpful Links BEFORE You Buy

Clark County School District Zoning Information
Search to find out which school your child will attend.

Nevada Energy (electric company)
Get information about electric usage for the house you are considering by calling 702-367-5555 and following the automated prompts.

Southwest Gas Company
Get information about natural gas usage for the house you are considering by calling 877-860-6020 and speak with a billing customer service agent.

Southern NV Water Authority
Our local water company.

Various Clark County government office contact info.

Clark County Regional Flood Control District
Information about Flood Zones in Clark County.

Clark County SID/LID search
Information about Special Improvement District (city assessments).

Search for crime statistics in your neighborhood:
Las Vegas Metro Police Dept Crimeview Incident Map
North Las Vegas Police Department's Crime View Community Web Site
City of Henderson Crime Search
Nevada Sex Offender Registry Search

Worried about your credit score?
Here is a Federal Trade Commission website with information about credit repair. And here are some local credit repair specialists:
E Credit Advisor - Patti Martinez
818-435-4364   pmartinez@ecreditadvisor.com

This is the true FREE credit report website. It is free if you don't need your score, and you can request your credit from each of the 3 agencies once a year.

Helpful Links AFTER you Buy

What is "Homesteading" your home?
Here is the Clark County Homestead website with information about the homestead process. Don't pay $50 or more for a 3rd party company to do what you can for $17! My attorney friends can assist if you need help.

Have questions about your Home Owners Association?
Contact the Nevada Ombudsman. "The office [of the Ombudsman] was created to assist homeowners and board members in common interest communities to better understand their rights and obligations under the law and their governing documents." I am president of my HOA, so I may be able to answer questions as well.

Homes for sale in NW Vegas

Raintree Real Estate
5550 Painted Mirage Rd, Ste 320-A55, Las Vegas NV 89149

God First     REALTOR     MLS Equal Opportunity Housing