Tag: nevada

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THE MASS EXODUS FROM CALIFORNIA TO LAS VEGAS

This iconic sign greets visitors coming into our great city, but what about those driving here in a moving truck?

More and more people from California are relocating to Southern Nevada each month for a more affordable way of life. Housing Prices are less (Median House Price is $285K), Taxes are less ($0 State Income Tax), Less than 1% Property Tax, and an overall cost of living that’s less!

For those of who have grown up in Las Vegas the secret is definitely out! Our Economy is strong, Jobs are plentiful, and there are Housing Options! Curious on a move to Las Vegas/Henderson and wanting to see how far your dollar will stretch in a Vegas way of life? Contact us today for a current housing list.

Want to learn more about why so many people are moving from Los Angeles to Las Vegas? Listen to this recent episode of the Vegas Life Podcast:

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Getting a Home Loan in Las Vegas – Q&A With a Local Expert Mike Cornachio

Recently I met with Mike Cornachio, Branch Manager and Loan Officer with local lender Castle & Cooke Mortgage, and discussed some tips in getting a home loan. We covered a variety of items (credit requirements, job requirements, timeline, etc.) and we decided to film a little Q & A segment to help Buyers out there with the process of applying for a home loan.

Mike has helped numerous clients of mine in the past and not only does he have access to some of the best interest rates around, his fees are some of the lowest offered!

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The Power of Video

If you’re familiar with our Blogs/Facebook/Twitter posts, you know that I use my Youtube videos to market and promote but to also educate Buyers and Sellers. One particular video I did last year about The Home is Possible Grant for free money for your home down payment has now been seen by over 1,000 people! If you haven’t seen it already, here it is! Keep in mind that the program is still going strong and now offers down payment money for Conventional, FHA, & VA Home Loans! Contact me today to get started! You can call or text (702) 501-8726 or email me at rebarchick@gmail.com

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Why are you still RENTING?!?!

Don’t get me wrong, there are certainly scenarios when renting a home or an apartment might be best for your situation (bad credit, not planning on setting “roots” in Southern Nevada, etc.) but with the positives most likely outweighing the negatives….I have to ask, “Why are you still renting?”

https://www.youtube.com/watch?v=7gshZpG3Nz0

My quick video above explains the numbers pretty clearly. Stop throwing your money away each and quit making your landlord rich! With interest rates remaining at record lows and rental prices rising, stop Renting! You can now have a mortgage payment at less than a monthly rent payment.

Take advantage of those record low interest rates, Mortgage Company lenient underwriting, Down Payment Assistant Programs, Tax Deductions and contact me today to get started!

 

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BOOMERANG BUYERS ARE COMING BACK!

 

Being a REALTOR® that holds a Certified Distressed Property Expert (CDPE) designation, I’ve helped many hard-shipped homeowners avoid foreclosure by representing them in a short sale. After all, Southern Nevada was arguably the hardest hit area in the Country when the housing bubble burst. Some property values decreased as much as 60% in less than a year! Combine that with record unemployment and it’s no wonder why many homeowners struggled through financial difficulty.  While those successful short sales were bittersweet it did allow my Sellers to close a stress filled chapter in their lives.

Fast forward to 2015 and there are new loan programs available welcoming them back to homeownership! Traditional home loans are a reality in as little as 3 years from their short sale date! A recent MSN story is an example of this very situation (link below). While I’m sure it will meet with much criticism, the current guidelines, restrictions, and the thorough underwriting Lenders are practicing will determine who can actually qualify.

To get started, contact me so I can introduce you to my local preferred lender Brad Malkin with Noble Home Loans. He’s well versed and up-to-date with all things lending and has direct access to these loan programs.

Mike Rebarchick (702) 501-8726 or rebarchick@gmail.com

MSN – Boomerang homebuyers poised to return to market with a roar