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Your Home Sold Guaranteed Realty Blog

Wednesday, March 2, 2016   /   by Ken Couture

Thinking about Buying a Home? Important Lessons from Recent History

If you already live in Las Vegas or have paid attention at all to the national news, then you know that Las Vegas has had significant challenges the last several years.
There were many, many reasons for the real estate conundrum in Las Vegas. However, as we continue to struggle with the repercussions of underwater mortgages and home foreclosures, there ARE steps that consumers can take to protect themselves from pendulum swings in the Las Vegas real estate market. While no one can be prepared for every possible future variable, being smart about buying your next home can help you on your way.
What it Means to be House Poor
Being “house poor” is a concept that arose out of the mortgage crisis. Essentially, many people bit off more than they could chew in terms of monthly mortgage debt, in the quest for bigger, better homes. Banks encouraged this behavior with extremely lax lending standards. So much of some homeowners’ net income went into their mortgages, that ...

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Wednesday, February 24, 2016   /   by Ken Couture

Avoid Sabotaging your Home Sale

 
Image Credit: Liz West (CC by 2.0)
Selling your home can be an emotional process. You lovingly planted every perennial, built the backyard fort by hand, or agonized over every draw pull, cabinet knob, and paint color. Now it’s time to sell, and it can be difficult to separate your emotions from the financial transaction.

It is natural for you to want buyers to value your home as much as you do, but sometimes emotions can inflate reality. To sell home for the best possible price, Realtor.com suggests avoiding these common behaviors that can sabotage the deal.

·         Do not turn the showing into a guided tour. Buyers want to walk through a home and imagine themselves in it. They do not want to hear about your Aunt Bertha’s antique chandelier you installed in the dining room. Buyers also want to feel free to discuss what they like and don’t like, which they obviously cannot easily do with you present. Leave. ...

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Wednesday, February 17, 2016   /   by Ken Couture

Are You Getting a Home Inspection?

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Whether you are a first time home buyer or on your 5th home, there will be the same question in every purchase: Do I need a home inspection? The answer is yes you do unless you are rehabbing the property.
If you are not sure what a home inspection is, it is when a professional licensed home inspector comes into the home you are purchasing and inspects it from top to bottom. The inspector will have a checklist of items that will be checked, and if you are not sure if it will be checked, just ask. The inspector will check the roof, plumbing, foundation, electrical, structure, and more.&nbs ...

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Wednesday, February 10, 2016   /   by Ken Couture

Top Kitchen Design Trends for 2016

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It’s been said that the kitchen is the heart of the home. But Realtors and savvy homeowners also know that kitchens sell homes. If you are going to spend money on your home, one of the areas with the greatest return on investment is an updated, upgraded kitchen. So what is new for 2016 in kitchen design? 

Forget About White
White cabinets are still the most sought after cabinet color for creating a bright, airy look and for making small kitchens seem bigger. However, for a sleek, sophisticated look, gray is quickly coming to the fore as a top color choice. Mix-matching diffe ...

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Wednesday, September 16, 2015   /   by Ken Couture

Investment Property-Getting Ready Part 2

Continuing our study of common but costly mistakes new investors make in real estate. Here are the last five of the top ten mistakes.
6.      Poorly calculated estimates
A good rule of thumb is calculate your costs, then double it. If you can still make a profit or you could be able to rent it, then it should be a good deal.
7.      Paying too much
The number one reason for not making money investing is that you paid too much. Use your financial analysis well, or use a professional to help with the financial aspects before you buy. Ensure that your profit margin is large enough for unforeseen issues.
8.      Trying to do it all alone
Your success will depend on the professional people you surround yourself with: at least one real estate agent, an appraiser, an inspector, a closing lawyer and a lender--both for your investments and to refer prospective buyers for financing.
If you plan to remodel or rehab; ...

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Your Home Sold Guaranteed Realty
Ken Couture
8367 W Flamingo Rd Suite 101
Las Vegas, NV 89147
702-476-0060

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