Buyer's Agent

Buyer Information

Top 4 tips for remodeling real estate

Don’t OVER improve your home!

Tip 1. Are you the nicest house on the block?! Careful with major improvements as you may not see that money come back to you when you go to resell your real estate investment. The nicest house on the block takes a hit in value because of the surrounding real estate.

The opposite goes for the most modest house on your block. You stand a better chance of recouping your remodeling expenses if your piece of real estate is getting a boost just by being amongst houses that are say – bigger etc.

Tip 2. Refer to tip 1. Once you know where your real estate lands in that spectrum – follow the next tips.

Tip 3. Pair back your vision and stick to function.

  • What is the most important factor/s in your improvement?
    • More flow or more visibility
    • Safety
    • Efficiency – new windows, appliances and exterior doors can lower utility costs
    • Got a fireplace?
      • Fireboxes and their chimneys are a great way to let your precious heat out during winter – Get a gas/pellet stove insert!

Tip 4. Protect your equity!

  • A new roof is a hard pill to swallow but it will do much more to protect your real estate investment than a remodeled kitchen.
  • Finished basement?
    • How much of your real estate around your foundation is exposed earth?
    • What condition are your rain gutters? Does the roof line over shoot your gutters?
    • Does your lot slope to your foundation anywhere?

Improve the quality of your life by improving the function of your home – ALL WHILE expanding your real estate’s equity!

Remember – Equity is the amount of money between what you owe on your mortgage and what your real estate will sell for.

Grow it! Don’t spend it. Remodel accordingly. 😉

Which property type is right for you?

Learn About Different Types of Property for Home Buyers

  • Condo/Townhouse
    • You own a unit (solely) within a larger complex, complete with common areas owned jointly with all other unit owners. *an apartment is rented out, not for sale. An apartment can have the identical appearance of a condo, the difference is, individual ownership vs. renters from the building owner/landlord. A townhouse is generally a tall, often 3-story (or more) home that can share walls with its neighbors, or not. A townhouse will most likely sit in a planned community with common areas etc. Either will have an HOA (Home Owner’s Association) which means additional monthly fees and rules!  
  • Single-Family Residence
    • This is a stand-alone house. It can have common areas off the property itself and be subject to an HOA as well. 
  • Mobile/Manufactured homes
    • These can be called by a number of different names; pre-fabricated / pre-fab. houses, trailers Etc. They can sit on several different types of land; mobile home park, leased land or on owned land. If the mobile home is in a mobile home park, there is an HOA, and you don’t own the land, you lease it from the park. If the mobile home is on leased land, there may not be an HOA, but you still rent the land from the landlord. If the Mobile home is located on owned land, then you own the lot and the mobile home much in the same way that a single-family residence is owned. *if the mobile home is bought new from the manufacturer and moved to a lot that you own, you may be able to convert the mobile home to real property – meaning it will be owned and sold as residential property rather than owning a vacant lot with “improvements” or in this case a mobile home on it. Real property ownership is worth more. Keep that in mind if you are shopping for one! The key word is convertible 
  • New Construction
  • Vacation Home or Second Home
    • Whether you are considering a vacation or second home for a weekend escape or a family legacy property let your Exclusive Buyer’s Agent (EBA) guide you through the decision making process as well as the transaction assuring a smooth and enjoyable experience.
  • Luxury Property
    • What exactly is a “luxury” home? While most home buyers would believe it’s anything upward of $1 million or more, Luxury Home Digest might describe it best: “A luxury property must offer a superior location, a stunning property entry, significant architectural detail, fine décor’, decadent amenities, excellent entertainment areas, lovely grounds, and myriad other details that help a home stand out from the ordinary.”
  • Investment Property
    • An Exclusive Buyer Agent can help you find excellent real estate investment opportunities. Your EBA will also provide strategic market guidance and fiduciary representation, helping you obtain the property at the best price and terms that serve your interests.
  • Foreclosed Property
  • Retirement Living
  • Short Sale
    • Short sales are a relatively recent type of real estate transaction. They were almost unheard of prior to the property market melt down in 2006. Now they make up a significant portion of the homes for sale in many cities, and there are industry predictions that suggest they will be a large share of the market for at least another five years.

For more information of the different type of properties Click Here

Interior designer is your peace of mind

Thinking of improving your home/real estate investment/business space? Have you considered working with a professional?

Answer these questions to help understand why or why not to seek design guidance:

How much of your own time and energy/expertise can you afford to use up?

  • Locating materials, locating bargains on said materials
  • Identifying and Negotiating skilled labor needed to complete the job
  • Designers work with skilled vendors and material representatives all day long, every day. They should find you the best deal on both labor and materials in a fraction of the time it would take you.

Do you know what you want the finished product to look like? Does it keep the flow of the era of the space or business? Will it look outdated in 3-5 years?

  • Counseling with an experienced designer is exactly that! They help you get in touch with what you want to see and FEEL in your newly remodeled spaces.
  • A TIMELESS, finished look is important for re-sell, rentability and flow
  • Designers know this and think in this way consciously, automatically.

Essentially, a designer is your vision contractor!! They are there every step of the remodel process, helping you cultivate your ideas, coordinating all labor and material and problem solving. Issues inevitably will arise in the process of remodeling. Wouldn’t it be nice to have a mediator when things get challenging?

Remember, remember, it takes time and sacrifice whether you have professional help or not!! Be gentle with yourself and those you work with throughout the process, after all you are IMPROVING your real estate so be mindful about HOW you are building it and keeping it as stress-free as possible. Interior Designers, like Exclusive Buyer’s Agents, are counselors. Helping to guide you through an unfamiliar process, optimizing your experience and the outcome over time!

Two of the very finest, local designers we have worked with and recommended to clients are:


MBA Architecture + Interior Design

Home owner’s insurance AND a home warranty! Why?!

What does your home owner’s insurance cover on your real estate investment? Not enough.

For example, you have a pipe that bursts in your home. The home insurance carrier will cover what the water damages, but will not fix the broken pipe. Sheesh. The rule of thumb is that it needs to be “sudden and accidental” if the insurance will even consider covering the issue.

Home warranty can and should cover most everything mechanical in your residential real estate. This means the water heater, furnace, a/c, dishwasher, washer-dryer, garage door opener and more. It can be a real fail safe, especially in the first year you own your home.

Fun Fact:

June 28th – Cody’s Birthday and “Insurance” that you don’t forget it!

Old as Balls!! Not really. But this is a real estate communication not a middle-aged rant. Care for more real estate awareness or dry humor?!

Click here:

How to Buy a Home in Your 20’s!

Find an EBA (Exclusive Buyer’s Agent) and HAVE A CONVERSATION, to help you learn about buying real estate.

  • IT’S A PROCESS! The EBA will guide you in all that you need to know, do, decide etc. throughout the entire real estate transaction.
  • Click here to begin:
  • The scariest part can be getting a loan. It does not have to be that way!

Loans: Grant programs – save less than you think for a down payment. Get a savings app like Qapital to help save that $25/week or more. There loans out there that require as little as 1% down payment.

Do it. Don’t wait to own. Renting is throwing your money away in comparison. When you are making a mortgage payment a chunk of your money is being put back in to your own pocket! As you make payments your house/investment is growing in value (in today’s market) all while you are paying down the amount that you owe. That space between what you owe and the current value is called EQUITY. You are now “worth” that much more than when you rent.

When you own a home you can “unlock” your equity to improve it, pay off a credit card, buy that mountain bike you always wanted etc. You do this by borrowing money against your Equity. Its called a HELOC (Home Equity Line Of Credit). The interest rates (the money you are charged for borrowing the money) can be astronomically better than credit card rates.

Remember when buying real estate: “The best cure for fear/uncertainty, is information!” Click here for more info:

Tips for buying a home

  1. When doing a drive by of the home before you look inside… do a “drive about”. In other words; if it is close to the weekends, observe the neighbors on all sides, including behind the home. Evenings and weekends are a good time to see what is going on outside and if this particular home is being used as a skateboarding launchpad OR if all other the neighbors have claimed your parking spots..etc..
  2. Try to stay away from homes on an outside corner lot.
  3. Check for electrical boxes (you know the great big green boxes in the front yard).
  4. Is there a street light on the property? You may not like that shining in your bedroom every night.
  5. In this day and age – it is best not to say anything while at a showing of the home. There are cameras everywhere. Text with your agent. You don’t want to sound too eager and at the same time you don’t want to disrespect someone else’s home.
  6. NEVER fall in love with the house before its yours. This is an investment and you can make it a home later.
  7. While doing your drive about…count how many rentals are within a 2 mile radius from the home you are considering.

Contact Us Today for a FREE Consultation

Top Misconceptions of Home Buyers

  1. The sellers are in control.
  2. All real estate agents are the same.
  3. I probably can’t qualify for a loan.
  4. I think renting is just fine for now.
  5. It’s too hard to buy a house because I have never done it before.
  6. I am afraid I won’t know if I am paying too much for everything.
  7. It seems the industry speaks another language and I don’t know how to learn it.
  8. I would like to buy an investment and live-in it for a few years and possibly do that again to start my portfolio. But the experience seems intimidating.
  9. I wish there was an easy way to get started.

There is an easy way, I promise you. Contact Us Today for a FREE Consultation

I am ready to buy a house. Wait!! What shoes should I wear?

  1. Find an exclusive buyer’s agent who will only represent you, under all circumstances, and then you can wear slippers.
  2. Get good recommendations for a FEW lenders. Then interview them until you find the right fit.
  3. Make out a Wants vs Needs list before even looking at any properties on line. Needs come first!
  4. Together, with the lenders opinion of your price range capability, your house needs being met, you will be able to narrow choices and not have to look at soooooo many pairs of shoes (I mean Houses 😉) before you know.

7 ways to save money

  1. Shop lenders by asking them what their processing (or junk fees) are and what their interest rates are.
  2. Stay under the price range that the lender has told you qualify for.
  3. Try not to buy in an HOA.
  4. If you buy something that just needs a little lipstick (paint, elbow grease, and/or carpet) you will save money through your own sweat equity.
  5. Find an exclusive buyer’s agent whose only purpose in life is to save you money.
  6. Be sure and have the entire house and its mechanicals inspected to help with money from seller to have them fixed.
  7. Ask for a home warranty that includes all appliances. This is different from a home owners insurance policy and will cover the mechanics and appliances for a year with a deductible sometimes as low as $30.00. If they can’t fix it they will get you a new one. This includes heaters and a/c folks!!

What is an HOA and how will it affect me?

Home Owners Association (HOA) is an entity on its own in the state of Nevada. I don’t know how they did it, but they have more authority than most entities. They make up their own rules, time lines, budgets, fees, board members and the list goes on.

There is very little in the Nevada Revised Statutes that governs them or keeps them from fining you for many different reasons. I have seen someone get fined for talking on their phone outside!!

The other thing is the HOA fees or dues, can go up depending on what needs to be replaced or repaired.

When it comes to your monthly mortgage payment, the HOA fee will be included in your qualifying payment. Which in pure simple terms means, you may have to buy a lower priced home in order to afford the payment that you qualify for. Without that HOA fee you could possibly qualify for a higher loan. Make sure you are comparing apples to apples.

Good side – an HOA often includes the maintenance of many amenities that YOU don’t physically have to maintain; such as pools, ponds, green areas, walkways and sometimes even your homes exterior paint. Some projects even have tennis courts or clubhouses as well. Just keep in mind what your lifestyle is and whether it is a necessity or not.

When purchasing into an HOA it is a good idea to be able to read the 3 most current HOA meeting minutes, so you can see if there are any “community” problems discussed that will need attention in your near future. You can learn other types of info as well; like who is leading the pack, so to speak, and who or what seems to be a thorn. Also, ask for the 3 most current P&L’s (profit and loss statements) so you can see just how solvent the HOA is and what they are saving for etc. Then, compare the overall look of the complex. Are they doing their job to upkeep it? Does it look like money well spent or not enough spent?

When you are ready to purchase in an HOA governed community, you need to read the CC&R’S which will tell you what is and isn’t allowed. This will pertain to attributes like parking, visitors, rv’s, motorcycles, garbage cans, cell phones etc.