Archive for the ‘Pre-Qualify’ Category

Why get pre-qualified?
If you’re looking to buy a Las Vegas home, you should be pre-qualified first because the real estate market in Las Vegas is very hot. Frequently, a new property is listed and there are multiple offers within days, if not hours. Even if this piece of Las Vegas real estate fits your criteria and you want to make an offer, you may still be required by the seller to have a “pre-qualified letter” before they even look at your offer. We can tell you how often we have seen clients miss out on buying the home of their dream, just because they put off getting a pre-qualified letter.

How does a Las Vegas home seller determine which offer to accept?
Put yourself in their shoes. First the Las Vegas home seller would verify that you are pre-qualified, to make sure that you can even complete the transaction. Second, it would indicate the price that you are willing to pay. And finally, they would be looking for the terms being offered (closing date, contingencies, etc.). So it is in your best interest to get pre-qualified today.