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Monique Buchanan, your real estate specialist, talks all things real estate. On this show she covers the processes of buying and selling a home. The Monique Buchanan informs you on best practices to navigate the housing market so that you can start building your wealth through home equity.
Announcer 0:00
This is a KU NV studios original program. The
Wesley Knight 0:04
content of this program does not reflect the views or opinions of 91.5 jazz and Moore the University of Nevada, Las Vegas, or the Board of Regents of the Nevada System of Higher Education. You
Monique Buchanan 0:40
Well, good morning, Las Vegas. How are you guys doing? Thank you so much for tuning in to the Monique Buchanan show. I am your host. Monique Buchanan, you're all 50 states realtor, so that's why I don't say local, because we can help you in all 50 states. And guess what, guys and in 24 countries. And I'll tell you what, a lot of people are moving out of the country now, and they need guidance to make sure that they're in the right hands with professionals outside of this country. And if you need that, remember, we are also here to help you with that. And with that being said, I'd like to introduce none other than Miss Becky coins, good morning. Becky,
Becky Coins 1:15
good morning. Mo,
Monique Buchanan 1:16
good morning. How was your weekend?
Becky Coins 1:18
My weekend was amazing. How was yours? It
Monique Buchanan 1:20
was really good. Just got back from a cruise. I took my daddy. He's 77 years old, you know, we celebrated our birthday,
Becky Coins 1:26
Yes, last
Monique Buchanan 1:27
month. Thank you. My daddy's birthday is April, 21 and mine is a 28th so we hopped on a Carnival Cruise. It was his first time. And I tell you what, he was blown away with how much fun he had. I took him to old school dancing. They have, you know, they have, like, three different clubs. So we went to the old school party. I took him to the comedy show. I love that. I just love how much the Carnival Cruise, I mean, shouts out to them. They're paying me to say this. But I do love how much they give you for your you know, how much bang for your buck.
Becky Coins 1:57
You
Monique Buchanan 1:58
know,
Monique Buchanan 1:58
everything's included when you get on that ship. And it's just a good time. Everybody's there to have a great time. I'm
Becky Coins 2:03
glad you guys had such a good time.
Monique Buchanan 2:04
I love cruising, but we got to pray for those people.
Becky Coins 2:06
Oh yeah,
Monique Buchanan 2:07
I get paid for my cruise, and I see that, and I'm like, my goodness, how scary that must be.
Becky Coins 2:12
Can't imagine.
Monique Buchanan 2:13
So we, you guys out there, my prayer warriors, we really need to be praying for those 150 people that unfortunately have the have a scare with the hantavirus, which I've never even heard of.
Becky Coins 2:24
Yeah, me neither.
Monique Buchanan 2:25
So you guys be careful out there. We got to start, you know, making sure to wipe down things again and possibly break out those old school masks. I mean, you don't want to pump beer, but just in case, get
Becky Coins 2:35
that sanitizer. Can you
Monique Buchanan 2:36
imagine how I felt when I got back and I just took my 77 year
Becky Coins 2:39
old dad on the cruise? Oh, my
Monique Buchanan 2:40
goodness. He had a great time, though, you guys. So that's
Becky Coins 2:43
all that matters.
Monique Buchanan 2:43
But I missed you guys. I missed you, K, u and v. So I come back to some great information. I'm super excited for folks are out there that are like, You know what? Monique, it's just been a rough year. You know, it's been a rough year. I don't have the money to buy a house. I'd love to buy a house, but I honestly just don't have the money. I have the credit. I've got the 646, 60 credit score, you know, I've been working for two years,
Becky Coins 3:08
pay my bills,
Becky Coins 3:09
pay
Monique Buchanan 3:10
my rent, you know, but I just don't have the money. Well, guess what? You guys, I have not seen this kind of incentive, and, man, it's got to be at least eight years. So our partner gave us a call, and she says, Monique, I've got something for you to mention on the show. We have brand new homes. She's one of my brand new home builder partners. And she says, Listen, we are giving up to $27,500 for their down payment, right? We have down payment payment assistance, so they're willing to pay your down payment. And on top of that, they're pretty much paying your entire closing cost. They're only asking for 1% from you. And in addition to that, they're giving you money to buy down your rate. So let me just say this, they're willing to give you up to $27,500 as the builder, as an incentive to you. And on top of that, they're also going to give you up to 20 another $27,500 for your down payment. That leaves you to pay. I'm just gonna use 400,000 which is their starting price, $400,000 home, you would be walking into that property with 1% towards the closing cost, which is $900 so if you are one of those folks that have said, Listen, we want to be homeowners. We want to reap the tax benefits. We're tired of paying somebody else's property down. We want to pay our own property down, you know, maybe you had doubts.
Becky Coins 4:34
Yeah, you
Monique Buchanan 4:35
think this isn't for me. I don't think I could actually, you know, this could actually happen for me, because a lot of people think that I thought that
Becky Coins 4:42
I did too, we all did. Isn't
Monique Buchanan 4:43
that crazy?
Becky Coins 4:44
A lot of us, yeah,
Monique Buchanan 4:45
you just have that little like, Oh, that'll never happen for you.
Becky Coins 4:47
You
Monique Buchanan 4:48
know what? I mean, it's a real thing. So if you're one of those people, this is a brand spanking new home reputable builder, and they are giving incentives right now. A lot of the builders are. Doing a lot, but I don't know one that's doing all
Becky Coins 5:02
this. Yeah, so
Monique Buchanan 5:03
when Miss Gina called me and said that, I said, let me go and tell my K UMB family so they can tell their family members about this, because this is basically $50,000 shoot, almost $60,000
Becky Coins 5:16
right?
Monique Buchanan 5:17
You can get up to basically, they're paying whatever you need,
Becky Coins 5:20
pretty much
Monique Buchanan 5:20
at their price point, because their homes start at 400,000 and I believe, like they go up to, like a little over 500,000 so with that being said, that's more than gonna cover all your needs.
Becky Coins 5:32
Yeah,
Monique Buchanan 5:33
and you only have the 1% so at 400,000 it's $9,000 that 1% of that is $900 out of your pocket to buy a brand new 2026, home, two story. So let me tell you a couple of them that they they have Becky. Want to kind of let them know a little bit of what they have over there.
Becky Coins 5:52
So they've got one that's like 18 145 square feet. That one's running about 449 they've got one that's, you know, little bigger, 2170 square feet, just over 500,000
Monique Buchanan 6:05
okay,
Becky Coins 6:05
you can even go, I think that's the
Monique Buchanan 6:07
four bedroom.
Becky Coins 6:07
Yeah, I think so
Becky Coins 6:08
they
Monique Buchanan 6:08
have one that's a five bedroom as well.
Becky Coins 6:10
In Mesquite, a five bedroom, it's almost 20 it's 2430 square feet, almost 2500 square feet. For 547, and it has the bedroom on the first floor, for people who wonder, because I cannot tell you how many people lately, everybody's looking if it's not a single story, when they go looking at that two story house, they're like, does it have a bedroom downstairs? And a lot of them don't.
Monique Buchanan 6:30
Yeah, absolutely. So these, these are not only a mesquite, they actually are right here in the Las Vegas Valley. They're really close to the flamingo and 95 area. So you know more. So coming towards the strip, yeah? So they're in that vicinity. You know, you're about seven minutes away from the strip with these properties. Now, you don't have to be a first time home buyer. So what are some of your Yeah, what are some of the requirements?
Becky Coins 6:55
You just have to be a Nevada resident for six months. Yeah, most people,
Monique Buchanan 6:59
they got that cover.
Becky Coins 7:01
They
Becky Coins 7:01
got that covered. Not everybody, but
Monique Buchanan 7:03
yeah, and what we mean by you don't have to be a first time homebuyer, you guys. This is not for investment properties. This is not for you to rent out. No. This just means that if you own a home right now, and maybe you need five bedrooms, and you're in a three you can, we can sell that property for you. That releases you. And then you can go ahead and use this program, okay, but you cannot currently own any properties and use this program. Okay? So, you know, please don't misunderstand. What
Becky Coins 7:29
does have to be your primary residence? You have to be moving into the home. That's
Monique Buchanan 7:33
right. What else you got?
Becky Coins 7:33
Your household income up to 142
Monique Buchanan 7:36
okay, yeah, out of my casino workers,
Becky Coins 7:38
yeah,
Monique Buchanan 7:39
they can do that. Okay. What else you got?
Becky Coins 7:41
You just got to take a little two hour course that they walk you through. We see a lot of them where it's like, they give you like, the 27 Yeah, ish range somewhere in there. Not
Monique Buchanan 7:50
both,
Becky Coins 7:50
yeah, not
Becky Coins 7:51
so
Monique Buchanan 7:51
basically, you guys, they're taking care of everything that you need to buy a home except 1% they're taking care of your closing cost. They're taking care of your down payment. They're asking you to come to the table with 1% basically offering the the masses what are what our veterans get, which is zero down,
Becky Coins 8:08
but they
Monique Buchanan 8:09
don't get closing costs, because
Becky Coins 8:12
we have to,
Monique Buchanan 8:13
we have to get our veterans the closing cost. That's because of our negotiating skills. But it's not guaranteed. Exactly. This is guaranteed, so I might even tell my vets,
Becky Coins 8:24
yeah,
Monique Buchanan 8:24
I am going to tell my veterans, hey, guess what? So yes, you brand grow down, right? For brand new house, you get zero down, and your closing costs are pretty much fully paid, except for 1% and actually for the veterans, it is fully paid because veterans are typically only 2% for their closing costs versus regular buyers at 3%
Becky Coins 8:43
Yeah,
Monique Buchanan 8:43
so they'll have even less, if anything at all, to come out of their pocket, exactly.
Becky Coins 8:47
And those incentives buying down your rate, like we talked about, you know, that's what we've been working with with some of our other clients as well. So to lower that mortgage payment for a year to two years until these rates start to come down. So you're getting into that house now,
Monique Buchanan 9:01
well, they actually will let you also just buy it down straight up, so you can do what Becky's talking about. You can opt to do that, or you can opt to just buy it down for the 30 years, call it a day.
Becky Coins 9:10
Yeah, because
Monique Buchanan 9:10
we just don't know what's happening exactly. There's so much uncertainty.
Becky Coins 9:13
They're
Becky Coins 9:13
giving you the money to do
Monique Buchanan 9:14
it. They're giving you the money they're paying and letting you take you have the option of what you would like to do. You can make the choice. Yeah, you know what, I'm I feel better just buying it down for the 30 years and calling it a day. Or, you know what? I know that these rates are going to come down next year. So I'm fine with buying it down for two years, just to kind of cover myself so that my mortgage payments are, you know, 345, $100 cheaper for these following two years. So you have options that you're not paying for, but that they are going to be paying for, you guys up to $55,000
Becky Coins 9:49
I love that our buyers have options right now. Yes,
Monique Buchanan 9:51
they do, and that is not always going to be the case.
Becky Coins 9:53
It's
Monique Buchanan 9:54
not always. We've got a little extension since the war has been started because the. And they were lowering those rates. We were already at five, what, five and a half,
Becky Coins 10:03
before the
Monique Buchanan 10:04
war started. And when the war started, it went right on, back up, unfortunately. So we they were already saying, we're bringing them down, and they were keeping their word. But when that war started, unfortunately, that changed everything.
Becky Coins 10:15
Yeah.
Monique Buchanan 10:15
So here we are,
Becky Coins 10:16
unforeseen,
Monique Buchanan 10:17
unforeseen. You know, what can you do? But that's okay, because we have programs rolling out to assist you. They understand that the builders and the sellers both understand that we're right back to these rates. So they're trying to, you know, come up with different ways to help, you know, pushing that and help the buyers be able to afford these payments, you know. And just so you know, if you were to purchase a property right now with the current rates, okay, all in I'm gonna tell you what that payment would look like at 400,000 we're talking about everything. Your insurance, okay, your mortgage insurance premium. So that's the insurance that they charge you when you don't put 20% down. So you've got two different ones. You have hazard insurance, you have mortgage insurance premium, right? You have your principal and interest, and you have taxes. Those four components are what make up that final number for your mortgage payment. So you really have four bills that you're paying all at once when you pay your mortgage, and I just listed them. So this is everything okay, except for your HOA. That's outside of what I'm gonna say. So if your property doesn't have an HOA, you're good. If it does, you need to know that that's outside. But here's an estimate. $400,000 your payment right now, with the current rates, is 2560 roughly, that's everything you guys everything. So 25 I know that there's apartments right now, so you can have a $400,000 single story, home, three bedroom, 1600 square feet. Ish, you know what I mean, even a two story, you're probably looking at around 1400 square feet to 1600 and your payments, 2560, and that's today. That's without us buying down your rates. So if we buy that rate down, you're looking at about, probably about two to $300 off of that, probably somewhere around 2287 a month, right? That's taking the seller's money and buying it down. Okay? And of course, there's different options that could even get your payment even lower. But I'm just giving you an idea of what this looks like to buy a brand new $400,000 home, $900 out your pocket, roughly, because they're giving you up to $55,000 towards your closing costs, and you're down. Did you hear me, 55 grand they're gonna put in your pocket and pay what you need?
Becky Coins 12:31
Money?
Monique Buchanan 12:33
No, that's
Becky Coins 12:33
real
Monique Buchanan 12:34
money. That's real money. So at the end of the day, my veterans could walk away with nothing out of pocket and get their earnest money back and buy a brand new home. My regular folks could walk into a brand spanking new home at $400,000 with with as little as $900 out of their pocket, and have a brand spanking new home. Have them buy down their rate, have them pay their closing costs, except for the 1% which is at $900 I mean, this is like,
Becky Coins 13:02
say goodbye to the landlord. Goodbye
Monique Buchanan 13:04
landlord. I'm done paying your family or building your family's wealth. I'm going to start building my own family's wealth.
Monique Buchanan 13:13
That's right, because
Monique Buchanan 13:14
I plan on living here in Las Vegas, and if I don't, Monique and Becky will sell my property and I'll move on with some money. You know what I mean. So you guys, I hope you guys can grasp what we're saying. I don't know how long this is gonna go on. It just rolled out. I do know there's gonna be a lot of people taking advantage
Becky Coins 13:30
of
Monique Buchanan 13:30
it. It is in the south area. Is the best I can tell you. If you want more information, you can call us and we'll let you know and get you plugged in there with Gina. Take you on down there. Let you look at the properties, like I said, they have up to five bedrooms, they have four bedrooms, three bedrooms, two stories and single stories. Because if that was on your your vision
Becky Coins 13:49
board,
Becky Coins 13:49
your vision board, your bucket list, all of it,
Monique Buchanan 13:51
but you thought it was out of reach,
Becky Coins 13:53
it's not.
Monique Buchanan 13:54
It is not out
Becky Coins 13:55
of
Becky Coins 13:55
reach.
Monique Buchanan 13:56
It is not out of reach. And so I am super excited about it.
Becky Coins 13:59
So am I
Monique Buchanan 14:00
super excited for more information. You can reach us at 702-984-3700, I am Monique Buchanan. That's B, U, C, H, A n, a n. You can also follow me at realtor. Monique Buchanan on I G my email. If you're just shy you don't feel like texting me at 702984, 3700, you can always just shoot me an email. Welcome home. Show 91.5 at Gmail. So the name of the show, welcome home. Show 91.5 at Gmail. Well, I guess I did change it to the Monique Buchanan show. Should I change my email? Well, anyways, you guys get the hint. We love you, and we hope to hear from you. But yes, if you have questions or want me to get you hooked up and get you on down there, me and Becky will take you down, let you look at some properties, or we'll just send you down. You can talk to Gina and we'll get you going on this and you're about seven, eight minutes away from the strip. So if you're one of these folks that live or work on the strip, you have convenience. The freeways are around this property. You. Can move around and be at the airport, and, you know, in minutes as well. That means you get that, I call it the bumper to bumper one year
Becky Coins 15:06
warranty, right? So
Monique Buchanan 15:08
if you have a problem anything, you can just go ahead and make that claim, and it's like, basically, they'll take care of whatever happens within that year, and then typically, they'll have that 10 year structural so, you know, these are the incentives and the things that you get when you buy brand new. It's just like buying a brand new, it's just like
Becky Coins 15:23
buying a
Monique Buchanan 15:23
brand new car. Yeah, you know, it's like an extended warranty. Absolutely, you get that when you buy brand new. But guys, even if you were thinking about buying resale properties, I want to say congratulations to my veteran, Denard Miller. We are going into escrow. We are going to get that accepted offer. Yay. He found a house over in the northwest area has a very beautiful pool. And what are we getting? That one for 450,000 and it's over in the alliante area.
Becky Coins 15:49
Nice. You
Monique Buchanan 15:50
know, that's my stomping grounds. You guys, if you're in the Northwest stomping grounds are alliante centennial. You know, I live over there. I live in the El Dorado estates over in North Las Vegas. So, yeah. So I know that that area very well. Becky, her stomping grounds are Southwest and Summerlin and so. But we have got you covered all throughout the valley. I love selling homes over in Henderson. I love the McDonald's Ranch area. Listen, you guys, I've got a brand new listing. I just guess I should tell you. And this is a this listing. Let me tell you about this listing really quick. It's over 2400 square feet. It is a single story. It is remodeled. You know, it's where Arnold Schwarzenegger used to live up there on Hollywood. You know, a lot of stars bought homes back in the day over there, because you want privacy, the views, so there is an unobstructed view of the entire Las Vegas Valley, from my listing 892, Hollywood drive, 892, Hollywood drive, I just listed it. It like I said, it's a four bedroom over 2400 square feet. It's been modern, modern.
Becky Coins 16:58
Thank
Monique Buchanan 16:58
you. Kitchen has been updated. It has the Tesla charger. They just put a brand new roof on the property, a tankless hot water heater. I mean, they really took care of this home. And it has a fire pit, elevated fire pit in the backyard. By the way, it's a quarter or not a quarter, I'm sorry. It is 24,000 square feet, so it's almost a half acre, almost a half acre right under on the corner, RV parking, RV gate, you know what I mean. So in the dining room, the house is set up so you can see the view through all you know, every room has that view. You know what I mean, like the guest rooms all have the view. The dining room has a view. The living room has the view. The kitchen, you know. So when you're eating dinner, you can see the whole Las Vegas Valley, and nothing is obstructing it. Nothing ever will, because the homes are built down under. It's elevated. Like I said, the Tesla charge is already there, tankless hot water heater. I just listed that one for 620,000 it's hard to find that size lot, the views alone,
Becky Coins 18:03
oh yeah,
Monique Buchanan 18:04
is, you know, almost impossible to find the privacy, you know. But anyways, 892 Hollywood drive, that is my latest listing. You guys. The other one is 621, el gusto. That's G, U, S, T, O Avenue. Now, this is a starter home, but it's a newer home. It was actually built in 2021, three bedroom, two bath, single story, 1415, square feet. Okay, this, this property had a landscaper that owned it, so the backyard is already finished. You know, the inside, they had all the little updates. You know, granite countertops, open floor plan. And you know, it was an LGI home. I remember when I sold it to them. So that's that just went live. That one's 620, 1l, G, U, S, T, o el gusto that's in the North Las Vegas area. Once again, three bedrooms, two, bath, two, car garage, 1415, square feet, single story. All right, then the other property. Oh, it does have solar by the way. The other property is 3868 badger Brook Street. That one's coming soon. It's on Cheyenne in the 215 Cliff shadows area.
Becky Coins 19:10
Oh yeah,
Monique Buchanan 19:11
if you go right, you're in Centennial Hills within seven minutes. If you go left, you're at the Summerlin mall within seven minutes. So it's like you get the benefits of Summerland without the price tag. So that one we are selling for 379, 999, the other property, I don't think I told you how much I was selling it for, so let me say that one, one more time. 621, el gusto, Avenue North Las Vegas, that one's going for 384, 999, so under $400,000 and it was built in 2021 now badger Brook, 3868 badger Brook Street. That one will be going live next week, and that one we're selling for 379, 999, three bedroom, three bath. 1398, two stories. So 1398, square feet, two car garage, and that one's a two story, also backyards, complete. Be done. No work at all. You don't have to worry about that one. That one has mountain views and Strip views as well. Also has a lot of fruit trees. They have a lot of fruit trees. It was really cool. Yeah, some really good fruit trees back there. I'm pretty sure a peach tree is back there too. So if I pop in your yard and still write peaches after we sell it to you, Yes, girl, I'm all about the crust, right? What do you like the crust for the peaches?
Becky Coins 20:24
I like the crust. So I'm a quick, yes, if
Monique Buchanan 20:26
I could figure out another way to get more crust. So starter homes, you know, three bedroom, three bath, 1400 square feet. Basically, that one was built in 2005 they updated the kitchen. You know, there's quite a few little updates when you walk in. They have the electric, automated shades that come up and down. And the home is about when you walk in the entryway, like the living room is about 20 feet tall, so if you don't feel squished once again, 3868 badger Brook Street, that is the one that's on Cheyenne. And 215 and then you have 621, el gusto Avenue, that one's in North Las Vegas, and then that single story on a half acre is 892 Hollywood drive. All right, if you're looking to list your property, we are here to help me and Becky can walk you through, like all three of these properties, we had to go over there and kind of guide the sellers on what to fix, what not to fix, what to paint, what not to paint. Sometimes we get carried away as sellers, and we waste money and time.
Becky Coins 21:25
Yeah,
Monique Buchanan 21:25
you know, changing floors out that don't need to be changed out. You know what I mean, painting things that don't need to be really pain. Or, you know what I mean? Well, fresh paint is always a good idea, right? But, you know, there's things that they try to do up and above and beyond, and that's nice, but if it's not going to bring you the value you know, you might want to have somebody, you know, a professional come kind of guide you on that, so you don't waste money and time. So there's that, you guys. But anyways, we were talking about purchasing resells before I went on a listing tangent.
Becky Coins 21:53
Yeah, well, and I just have to say, as we you touched upon our different stomping grounds, our big, small town of Vegas, just has so much. There's so many different pockets all over the city. Yes,
Monique Buchanan 22:04
there's great, great areas in Vegas. I don't know of a really bad area. I love them all,
Becky Coins 22:08
but there's everything has something to offer. They really do. There's a flavor for everybody that's very good, but
Monique Buchanan 22:13
well said, Becky a flavor for everybody. And speaking of flavors, I want to give a shout out to Mr. Roy Braggs. He's one of our Kumbh listeners, and he called about possibly looking into Pahrump. I said, Roy, that's a great idea.
Becky Coins 22:27
Yeah,
Monique Buchanan 22:27
we're moving a lot of my retirees out there, aren't we? Bet
Becky Coins 22:30
Yes, we are.
Becky Coins 22:31
And I
Monique Buchanan 22:31
love it. It's quiet out there. One of my my retirees. He's a retired lawyer, and we sold him last year. I went out there and actually popped by and seen him about two months ago. He says, Monique, I love it out here. He said, It's so quiet and peaceful out here. He bought that property brand spanking new. That home is a single story sitting on about a 10,000 square foot lot with RV parking brand new. Okay, the home itself is about 1800 square feet, right? It's a two bedroom, but with an office. So technically, it could be a three bedroom, but he he wanted his office. So he still, Dave's a little in his you know his business. So he wanted his office. So that property we got for 340,000 brand new, with all that land, and it's in a golf course community. And if you haven't been out there to this community, I'm telling you, they have grass waterfall when you enter. They have their own restaurant for the you know, residents,
Becky Coins 23:30
the walking paths. Yes, all of it, yeah, it's beautiful out there.
Monique Buchanan 23:33
It is. You see people jogging, just living their best life. Prompt
Becky Coins 23:37
is not just for retirees. No,
Monique Buchanan 23:38
is it? No,
Becky Coins 23:39
neither we just last year, my son's best one of his best friends, the two brothers, they're young. They're in their I think they just turned 30. They bought a beautiful house out there on an acre, on an acre of land. Yes, they
Becky Coins 23:51
did
Monique Buchanan 23:51
their own, well,
Becky Coins 23:52
oh yeah. Well, septic, solar
Monique Buchanan 23:55
Casita,
Becky Coins 23:55
Mm hmm. They had the giant they had their own two tat, two car attached garage, and then they had an additional gigantic RV garage. Yeah. So if
Monique Buchanan 24:05
you're somebody that's worried about the water running out, hello Pahrump, you get your own whale, right? Many and many properties still have whales on the property. So in another our family, our family, the J's family, she moved in that same community. She loved it. She said her kids love living there. They love the school. They loved everything about it. They were able to, you know, go to the parks as a family within the community, the community has pools, yeah. So they just love that. So let me just give you this quote that I gave Mr. Bragg so he would understand as well. For $330,000 your payments around 2287 you guys. And now let me tell you what you get out here for 330
Becky Coins 24:43
let's not talk about that.
Monique Buchanan 24:45
So, yeah, there's not a whole lot. That's
Becky Coins 24:50
a townhouse or a condo. Yeah,
Monique Buchanan 24:52
you're not, you're not getting a quarter of an acre.
Becky Coins 24:54
No,
Monique Buchanan 24:55
you know what I mean, RV parking. You're not getting a brand new home, that's for sure.
Becky Coins 24:58
No, for 330
Monique Buchanan 24:59
on. Even know if you'll be able to get, you might be able to find a single story home somewhere that's maybe 900 square feet, I don't
Becky Coins 25:05
know. Yeah, some small ones, I think I've seen.
Monique Buchanan 25:06
You know, obviously the prices have went way up here in Vegas. It is what it is. Demand is still here for homes. But I always tell you guys my thought is Pahrump is the next suburb. You might as well say it already is the suburb of Las Vegas, yeah, the next suburb. Like, everybody's moving out there. I get a lot of calls for Pahrump, you know, it's growing. They're widening the roads. Whenever you see them widen those roads.
Becky Coins 25:32
Oh, yeah,
Monique Buchanan 25:33
you know what I mean. They're starting to build a lot of stuff out there. If you know your budget is, hey, I don't want to be over $2,200 or I don't want to be over, you know, I want to be under 2500 or less for my payment. I don't mind driving the 35 minutes into
Becky Coins 25:50
town commute.
Monique Buchanan 25:50
It's not that bad anymore.
Becky Coins 25:52
Those brothers, they commute into town.
Monique Buchanan 25:54
A lot of people, do you know, some people work from home. Some people only come into the office a couple times a week.
Becky Coins 25:59
Yeah, you
Monique Buchanan 25:59
know what I mean. So there's options for you guys. And of course, we'll take care of you here, right here in the beautiful Las Vegas Valley as well. We will, of course, go after the closing costs for you, listen, it's still happening. I'm gonna get $15,000 in closing costs for my veteran. It's only happening because these rates are high. They're higher, I should say because if I say these rates are high in front of my dad, he'll look at me like,
Becky Coins 26:22
I'm crazy,
Monique Buchanan 26:23
because he bought a house at 13% you know, because that's what's the norm back then. So he's looking at me like, How is 6% high?
Becky Coins 26:32
Guys complaining? Why you crying? Because
Monique Buchanan 26:34
we got spoiled during covid. That's why dad,
Becky Coins 26:36
yes,
Monique Buchanan 26:37
but you guys right now, you know, if you if you try to time it, you're gonna miss out on equity. You're never going to be able to time the market, and while you're waiting for the perfect time to buy, you're missing a year, two years, three years, five years of equity you could have built up in your home. You're pouring
Becky Coins 26:53
it into somebody else's equity.
Monique Buchanan 26:55
You're just giving it to somebody else. Becky said it right, she's right, but we love you guys. I think I only say my number once, but don't worry, at the end of every show, it's there, but it's 702-984-3700, you can always just Google my name too and get the number. Monique Buchanan, B, U, C, H, A, n, a n, I'm available. We're available. We're here to help you guys. We love you guys. If you're too shy to text, welcome home. Show 91.5 at Gmail, you can email me if you're savvy, savvy and you're an IG person. I'm at realtor Monique Buchanan, but I personally love Facebook, and that's just my first and last name. Alright, you guys. So we love you guys. Me and Becky are looking forward to hearing from you guys, if you have questions, don't hesitate to reach out. If you're facing some hard times with your mortgage or something's happening, you know, don't just try to ignore it. We're here to help. Okay, we can advise you on what you can do. All right, that's what we're here to do. You know, Sure, I'd love to sell you a home, or I'd love to sell your home, but I'd also love to help you, even if I don't sell your home. So if you have an issue, 7029 84, 3700, all right, our next show is going to be about exactly that. So we love you as always, and until we hear from you we're out. Have a blessed weekend. Thank you for listening. Please remember all terms discussed are simply an estimate. My license number is S, 1788, 46, my phone number, if you'd like to contact me, is 702-984-3700, you can also find me on YouTube. You.
Transcribed by https://otter.ai