01

Why Buy First

Each situation is unique, and several factors need to be looked at to determine which option is right for you. Here are some things to consider with each.

-Works best when:

There is a lot of competition in the market and property prices are rising

You’re confident there will be a high level of demand for your existing property

You can negotiate or make it conditional on selling your own home

You’re prepared to accept an offer that lets you move on or pay bridging finance.

02

GET PRE-APPROVED

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Works best when: There is a lot of competition in the market and property prices are rising You’re confident there will be a high level of demand for your existing property You can negotiate or make it conditional on selling your own home You’re prepared to accept an offer that lets you move on or pay bridging finance.

BUY FIRST

03

GET PRE-APPROVED

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04

GET PRE-APPROVED

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01

YOUR CREDIT SCORE

Knowing your credit score will help lenders decide if you’re a good candidate for a loan. The higher your credit the better.

02

YOUR EMPLOYMENT HISTORY

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Lenders want to make sure you can regularly make mortgage payments, with no major gaps in income.

03

YOUR ASSETS AND DEBTS

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Lenders want to know your debt-to-income ratio to know if you can make each loan payment with the income you earn.

04

WHAT KIND OF HOME DO YOU NEED?

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Are you interested in single-family, condo or townhome? Do some research of what types of homes have to offer. This will help narrow down your search area.

05

LOCATION

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 What area of Las Vegas would you ideally like to live in? Decide on a location that meets your needs and exceeds your expectations.

06

RESALE OR NEW BUILD

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A resale home is every home other than a new build construction. With new builds you have the option of designing your dream home and the ability to say that you're the first owner.

07

COMMUNITY

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What would you like to see in your new community? Is it more recreational activities? Events? Whatever it is write it down and choose areas that have those features.

08

MUST NOT HAVE

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Everyone has wants but have you considered the things you don't want? Take note of your deal breakers and things you want to avoid in your new home.