51°F
weather icon Mostly Cloudy

Realtor offers Nevada Builder Trade In program

Southern Nevadans Lamar and Leanne Ferdig began their home search in a quest to buy a new home knowing that they would have to sell their current home to purchase the new one.

Sometimes, the home search felt daunting, and it ended by chance when their daughter noticed a new Beazer Homes neighborhood under construction and the Ferdigs read a newspaper article about the Nevada Builder Trade In Program.

“We wanted to move to be closer to our daughter and grandchildren, to downsize and as an investment. When we searched for a home, all we could find were existing homes. We really wanted a new home,” Leanne Ferdig explained.

“One day, our daughter called all excited and said that Beazer Homes was building new homes just three blocks from their home. That same day, we read an article in our Review-Journal about the Smith Team at Keller Williams Las Vegas and their Nevada Builder Trade In Program. We liked the idea of trading our old home in for a new one using our equity.”

Luck would have it that the newly opened Beazer neighborhood was among the 50-plus neighborhoods that are part of the Nevada Builder Trade In Program.

Through this program operated by Robin Smith and Robert Smith of the Smith Team, homeowners may buy a new home from a participating neighborhood contingent on the sale of their existing home with the guidance of the Smith Team. Builder-partners include Beazer Homes, CalAtlantic Homes, Century Communities, Pulte Homes and Woodside Homes, and Sun City Mesquite by Del Webb.

Soon after the Ferdigs contacted the program, Realtor Saundra Ware visited their home, provided a comparative market analysis for how much their home might sell and correctly predicted their home would sell quickly. Two hours after their home was listed for sale on the Multiple Listing Service in fall 2017, potential buyers visited, and the next day the Ferdigs received a cash offer.

The quick sale enabled the Ferdigs to buy the home they had their eye on: the Twilight model at Beazer Homes’ San Gregorio Estates in Henderson.

“Our youngest daughter bought the home with us, and she has one end of the house to herself, and we have the other end,” Leanne Ferdig said.

The Ferdigs are among the hundreds of homeowners who have bought and sold their home on contingency through the program, in which the Smith Team will list, market and sell the home at a reduced commission while offering the buyers’ agent the standard 3 percent commission. Also, the Smith Team will help arrange for moving services or help locate a temporary rental, if needed, between the sale of the current home and the completion of the new home.

For the Ferdigs, the Smith Team was by their side throughout the contingency purchase process, from handling all of the aspects of their home sale to the signing of their Beazer Homes purchase contract, final walk-through and the closing at the title company.

Homeowners can call the Smith Team at 702-460-5080, visit ISellLasVegas.com or inquire at a builder-partner neighborhood.

Don't miss the big stories. Like us on Facebook.
MORE STORIES
THE LATEST
REAL ESTATE BRIEFS

The Watermark, a residential and commercial development in Henderson, is moving forward with construction after securing the necessary funding.

Shawood by Sekisui House opens Arcadia in Summerlin

The newest neighborhood to open in the award-winning Summerlin master-planned community is Arcadia by Shawood by Sekisui House, a builder new to the community and the state. Inspired by Japanese culture marked by modern, innovative design and eco-friendly and precise construction, Shawood’s design philosophy is to build homes that promote happiness, well-being and sustainability.

Fitness is a way of life in Summerlin

For residents of Summerlin, there are many opportunities to stay active, thanks to the community’s abundant recreational amenities.

Lake Las Vegas home lists for $1.9M

In a city defined by luxury, a newly listed custom, single-story home in the SouthShore community at Lake Las Vegas is being offered for $1.9 million.

Taylor Morrison opens Ashland in Summerlin

The newest neighborhood to open in the award-winning Summerlin master-planned community is Ashland by Taylor Morrison.