1. How much can I actually afford? This is an important question for sure! First and fore most - You need to speak with a Lender; especially if you're planning on financing any part of the purchase of the home. Your Lender will be able to determine which loan best fits your needs and finances. If you would like a second opinion - we have a great Lender I can forward to you. Remember, you're buying for your future and earn equity - if you're renting and want to see if you can get your foot in the door of home ownership - let's talk! Why pay someone's mortgage while they earn equity and you don't!

2. What's the first step in the home-buying process? This question is almost a part 2 of the 1st question! As your REALTOR® I will ensure you speak to a Lender prior to our meeting because Question 1 allows your Lender to find out how much you are PRE-APPROVED - You want to have a Pre-Approval Letter NOT and a PRE-Qualification Letter (Your financial information is not verified and most likely will NOT be accepted with an offer when you find that 'perfect' home! So, GET YOUR Pre-Approval Letter from your Lender and then you can give it to me or your agent to be submitted with your offer.

3. How much do I need for closing costs? This is a GREAT Question because this is the most misunderstood by many home buyers. Just because this list may be a little overwhelming - DON'T LET IT STOP YOU FROM BUYING A HOME - Your Lender will be able to give you break down - ESTIMATED Closing Cost Sheet - as well as your buyer's agent - Sometimes, the seller may pay some money towards your closing costs; but please don't count on it! When you ask; this means less money for the seller and it's coming out of his/her pocketbook - Speak to you Buyer's Agent! Here are some of the breakdown costs - these are not all inclusive - just an estimate and a guide for you ask! - Loan Origination Fee (Lender's may charge differently for this - Maybe shop around) - Underwriting & processing fees - Credit Report Fee - Rate Lock or discount points (optional to buy down the rate) - Escrow Fee - Title Search Fee - Lender's Title Insurance (Required) - Owner's Title Insurance (Optional BUT HIGHLY RECOMMENDED) Speak with your Agent and Title Company to get more information - County recording fees - Transfer taxes (if applicable - varies by state) - Property Taxes (pro-rated depending on month of closing - try to close towards the end of the month but NEVER EVER on a Friday and watch the Holidays) - Homeowner's insurance (typically 1 year paid upfront) - Mortgage interest - HOA Fees (pro-rated if applicable) - in some states you will need a survey - if your home is in a flood zone then a flood certification - Notary fee - courier or mail fees

4. Is this a good neighborhood and what's nearby? Regarding neighborhoods - this is a tricky situation! It may be against Fair House Act we cannot discuss with your what is a 'good neighborhood' - You will have to do your due diligence and search online. However, I can provide you will a zip code map of Las Vegas and let you tell me where you want to do a home search.

5. How competitive is the market right now? Great Question! This will depend on what area you're seeking to purchase a home! What the home looks like and perhaps time on the market. Are there a lot of homes on the market? Or is there very little to low inventory - this also depends how the competitive the market can be in your area! So, get your PRE-APPROVAL letter and let's talk.