Coldwell Banker Premier Realty recently spoke with Denise Eccher with Homeowner Relief Lawyers, LLC of Las Vegas, NV in order to help educate our readers about the benefits of short sales versus foreclosures. In that interview, we learned that foreclosures can be a crippling blow to anyone’s credit, taking into account that foreclosures automatically drop your credit score from 85 to 160 points for 7 years. These circumstances can essentially bar you from lending services and can reach as far as denying you... read more

Becoming a Financially Responsible Home Owner Deciding whether to buy or rent your next home will obviously determine which direction you end up going regarding a short- or long-term financial commitment. But one of the first steps that must be taken immediately if you do choose to buy is getting preapproved for a mortgage so you know exactly how much you can afford to spend. After you know exactly what you have to work with from a budget perspective, you can then choose the lender that is right for you and plan... read more

At Coldwell Banker Premier Realty (CBPR), we are often asked questions like, “Why is title insurance so important? What does title insurance protect me from?” And, “How does title insurance work?”  Title insurance becomes involved in the transaction at the point of escrow--the period of time where all the funds and documents that are related to the transfer of the property are verified. Escrow is an integral part of the transaction for both buyer and seller, as it protects each party... read more

Once you have reached your ultimate goal of selling your home, you are hopefully celebrating the fact that you received your asking price from a buyer or maybe even surpassed it if you are really lucky. But most importantly, the final offer you accept should factor in several additional expenses that go along with selling a home such as closing costs and your real estate agent’s commission. If not, you could be very disappointed in the net proceeds you get from the deal after your home is sold. This final b... read more