Are you looking for a Las Vegas, NV Realtor to help you with the sale of a home that is in probate? You’ve come to the right place. I can help you. Feel free to give me a call anytime. I can assist you through what can be a very challenging event. Maybe you’ve never had to do a probate sale before. No worries, I’ll help you through the whole process.
How do you avoid probate on a home?
Here’s some suggestions for you.
Make a Living Trust. I can’t stress it enough. The way to avoid probate is simply to create a living trust.
Name your beneficiaries on all retirement, bank accounts and other accounts that pertain.
File Joint Tenancy with a Right of Survivorship. If you have questions about this let me know.
Wills do not have to go through probate unless you want to transfer ownership of assets owned by the testator, or the person who wrote the will, to her/his living beneficiaries. Some states provide legal options for doing it through simplified procedures for limited estates.
What needs to go through probate?
Assets that generally do not go through probate are, Firstly, jointly owned assets that transfer to the surviving owner; Secondly, assets that have a valid beneficiary designation; and then Thirdly assets that are in a trust. However, these assets do not always avoid probate.
Probate is the court-supervised process of the gathering of the deceased person’s assets and distributing them to creditors and inheritors. If you are the executor, your probate process will depend on if your state has adopted the Uniform Probate Code (UPC), which is a set of probate laws written by a group of national experts.
Take care, Penny O’Brien (702) 321.9383.
4435 S. Buffalo Dr
Las Vegas, NV 89147
Penny O’Brien is not an attorney, please hire one for professional advise. Thank you, Penny
I’m happy you’re here. What’s your house worth? Are you looking to sell? Give me a call and we can discuss your housing situation. Whether you are selling an investment property a personal home, maybe it’s a home in probate and you’re the executor. I can help assist you in your Real Estate transaction.
Obviously it’s a good idea to let me see your property for an accurate account of what it’s value. The generic CMA, Comparative Market Analysis is a general comparison of other homes that have sold within your 5-6 mile radius of your home. A property/home that has sold within the past few months. It’s really impossible to compare homes without viewing it to get the maximize price for your home. One persons idea of a really nice house with upgrades can be truly distorted by their opinion of what really nice means.
I spend a substantial amount of time putting together a true CMA for you, one that gives you the accurate information of what your home is worth. I know the Las Vegas, Summerlin, North Las Vegas, SW and NW values of homes selling and how our Real Estate Market is at the time you’re ready to sell. Listen, our market is changing on a daily basis, I know that sounds strange but it’s always changing and it’s important to understand how it works and is working. Give me a call and we can discuss what you need and if it’s attainable. Thank you for your time. Stay safe. Penny O’Brien with RE/MAX Excellence. (702) 321.9383
20 years of FULL-TIME REALTOR Experience selling in the Las Vegas areas including: Summerlin, Green Valley, Henderson, SW, NW, North Las Vegas, NV all of Clark County. Pahrump too, NYE county.
What’s trending in the housing market here in Las Vegas? Lots!! Prices are rising-up, up and away. The Median priced re-sale home is around $350k .
Every section of the Las Vegas Valley has New Homes under construction. Depending on your likings there are homes around $150k usually condo and townhomes, then the skies the limit, you name it you can upgrade it in a new home in Summerlin, Henderson, North Las Vegas, the SW and NW. Typically if you’re buying a new home most people send an average of $70k in upgrades at a home priced around $500k. Which could include, flooring, cabinets, countertops, elevation of the home, extensions, lighting and electrical upgrades and so much more. It’s all about personal taste and money when it comes to upgrading a new home.
There’s lots of buzz about the Raiders coming to Las Vegas. Many bars/food establishments have claimed themselves as “Raiders bars”, I spent a lot of time downtown Las Vegas this weekend and already some places have started advertising for game day. As more information about these bars pop up I’ll inform you via this blog.
Vegas Golden Knights are always trending because they have done so much for the city. During the horrible event on Oct. 1 2017 the Golden Knights took charge and showed the community how much respect they have for the victims, their families and the whole community in general. So much love and gratitude shined through a really rough time here. The one year anniversary of Oct. 1st is coming soon. there are many events planned for all people to come together to support one another. I am sure the VGK will be a part of it all.
Weed, yes, we have legalized marijuana. Many travelers arrive in Las Vegas and head straight to a dispensary. Some people think Disney Land is the happiest place in the world, others believe Las Vegas is, Las Vegas is by far a big adult playground.
To Keep up with what’s happening in Las Vegas just check in, thank you for now, Penny
TRENDS IN LAS VEGAS
Penny has been helping buyers and sellers in Las Vegas, Summerlin, Green Valley, the SW and NW areas of the Las Vegas Valley for over 20 years. She’s current on trends in Real Estate.
Once every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data, covering 2013-2016 was just released not too long ago.
This survey revealed that the median net worth of a homeowner was $231,400 – a 15% increase since 2013. During the same time, the median net worth of renters decreased by 5% ($5,200 today compared to $5,500 in 2013).
So the bottom line is that the numbers reveal that the net worth of a homeowner is over 44 times greater than that of a renter.
Quietly saving money and owning your American Dream:
The “American Dream” is to own your own home, it’s also a way of “Saving” due to the growth in equity of the home. That is considering your home is going up in value.
Many people don’t invest in anything more than their home. They don’t save money, they don’t have CD’s or entertain the idea of investing in the stock market.
want to know more, call Penny O’Brien with RE/MAX Excellece 702.321.9383
Hi there, Here is information about Summerlin New Homes Buyers:
I am a Summerlin Specialist and have been for 16 plus years. If you need any information about New Homes or Resale Homes in Summerlin, Call Me, Penny O’Brien with Re/Max Excellence 702.321.9383. I put the Excellence in Real Estate. Let me help you find your next home, It will be a fun and very professional experience.
Summerlin 41.8% Married-Children at Home
Las Vegas 32.8% Married-No Children
California 10.9% Single Person
Other States 12.9% Unmarried Couple
Texas 1.5% Single Parent Related Adults sharing Home
I trust you’re having a wonderful day! If you’re looking for LUXURY I can help you find LUXURY. Penny O’Brien with RE/MAX Excellence, I put the Excellence in Real Estate. 702.321.9383
When half the homes on the market are suddenly marketed as “luxury,” the definition of the word starts to not have too much meaning of importance to the word. “Luxury” real estate is defined differently across different markets, as property values, median resident income and area development varies widely depending on the metro area. We all know a home in Beverly Hills that sells for $2.5 million may be called a luxury while some builders in Las Vegas, Summerlin and Henderson are selling homes in the low $400’s calling them Luxury.
Within Las Vegas the median price home right now is: ESTIMATES only:
The median home value in Las Vegas Metro is near $236,800. Las Vegas Metro home values have gone up a little over 11%. The median list price per sf. in Las Vegas city area is $148. The median price of homes currently listed, in ER status and C, P Status in Las Vegas Metro is $285,000 while the median price of single family homes that sold is $244,868. The median rent price in Las Vegas Metro is $1,300-$1400 which is the same as the Nevadan median price of around $1,350.
Buyers, sellers and Renters, Call, text or email me, Penny 702.321.9383
just a fun fact blog today, cause everything in my life is related to Real Estate in some way shape or form. For example: as I sit here blogging about Las Vegas Homes for sale and what is important about what my readers want to know about our Las Vegas market. Yes, I’ve seen housing the same color as my skittles. Many of them actually. Most of these homes are located in housing areas that have NO HOA’s.
I just opened a little pack of bite size skittles. Really never paying attention to anything but the love of them and how they make me happy. I glanced down to see the pretty colors sitting there. I was struck with wonder, how many skittles are there in this little package, and really what flavors are they?
13 were in this pack. I’m going to go get another lil package and see if there’s 13 in all the packs or if the number varies. There were more green apple bite size candies in this group.
Here’s hoping you enjoy your candy too. Take care everyone. Call me if you’d like to know more about Skittles and Our Las Vegas, Summerlin, Henderson, Green Valley, North Las Vegas, SW and NW housing market and what’s out there. I have new home sales info, how the builders are, how much the new homes are. Along with all resales of single family homes, condos and town homes.
Maybe you want to buy a home and color it like the rainbow of colors in the Skittles package. I can help you find that house. Penny O’Brien with RE/MAX Excellence, I put the Excellence in Real Estate. 702.321.9383
P.S. I had to open up another lil skittle package. This one too has 13 pieces in it. 4 orange, 5 grape, 2 lemon, 1 strawberry and 1 green apple.
2 hours later, I just had to out of pure curiosity I opened another little package of Skittles, this one has 15 pieces: 1 orange, 2 lemon, 5 strawberry, 3 grape and 4 green apple. that’s it for me and the skittles, for today anyway!
We all know that our Las Vegas Valley housing market is on fire. The RAIDERS are coming to Las Vegas. It’s very exciting news. Finally! we’ve been waiting for a VERY long time.
Are you in the market for a High-rise? Condominium? or Town Home? Single Family Home? Our Inventory is very limited. It is a sellers market that is for sure.
What neighborhood are you interested in? I have been helping buyers and sellers for over 16 years full-time here in Las Vegas. I service the complete Valley. Henderson, North Las Vegas, Summerlin, the SW and NW. I work with all types of buyers, first time home buyers and above. I enjoy working help others find exactly what they are looking for and I am really good at it. I am professional, trust worthy, honest and fun to work with.
Enjoy your day and evening, Penny O’Brien with RE/MAX Excellence, I put the Excellence in Real Estate. 702.321.9383
we are a long ways from Hang Son Doong, in Vietnam, yes indeed. It really puts a light on life and how short of a time we get to experience life on earth. Most people want to make the most out of their time here. SO, go ahead, call me and work with a great Realtor, Penny O’Brien, I am fun, positive, professional, honest, experienced and a great negotiator. Penny 702.321.9383
I’ve been helping buyers and sellers in Summerlin, Las Vegas, Henderson, Green Valley, the SW, NW and North Las Vegas for over 16 years full time. I have very happy clients and lots of great acquaintances in the business of Real Estate. I am very respected and loved by many others in the Real Estate Industry. I have really, really happy clients. Just a reminder that I have really happy clients.
I put the Excellence in Real Estate, Penny O’Brien RE/MAX Excellence 702.321.9383
I work with buyers, sellers, FHA buyers, VA buyers, Conventional buyers and Cash buyers. HUD homes and New Homes Realtor.
I have a son who is a Marine and very proud of him and his love for our wonderful country. I love helping military families. VA buyers, thank you for your service. Penny
Penny O'Brien can help you with: new home las vegas nv, las vegas nevada real estate, las vegas homes, las vegas luxury condo for sale, condo listings las vegas, blue diamond nevada real estate, las vegas realtor online, las vegas house condo prices, las vegas buy real estate, las vegas residential real estate, las vegas home, new home las vegas nv, and las vegas new home. Contact Penny today to discuss!