Here are some hot topics that in the Las Vegas market today!

Mold Issues

OK, you’re looking to purchase a home in the desert where the climate is dry …why be concerned about mold? Well it has become a very big topic in Las Vegas. Why? In part, it has to do with problems in new construction.
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Construction Defect Segment

Nevada has a mandatory form (required of all sellers) known as the Sellers Real Property Disclosure that asks the question: has your property ever been subject to a claim or lawsuit filed regarding construction defects? However, this form can sometimes be filed incorrectly, so diligence is important!
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Nevada State Transfer Tax

As of October 1, 2003 the state legislature raised the tax the state charges on the transfer of real property to $5.10 per $1,000. This amounts to about ½ of a percent of the sales price. You may want to budget for that in your closing costs!
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Flood Zones

When you live in the desert the one thing you probably figure you won’t have to worry about is flooding…right? Well, not in Las Vegas.
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Sellers Property Disclosure

The Sellers Real Property Disclosure is the owners written testimonial, giving answers to a 2 page questionnaire on the condition and status of the property being sold. The owner is instructed on the form to answer in a truthful manner to the best of their ability.
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Zoning

If you’re not from Las Vegas, you will be amazed at the zoning “norm” that exists here. For example, it is not unheard of to see a custom home one house away from a property zoned for farm animals, a few homes later commercial zoning, and one block later hotel casino zoning.
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Property Inspections

There has never been a more important time to be sure to hire home inspectors than in our current market. With so many foreclosures and distressed properties, I highly recommend Property Inspections.
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