What do I need to know when buying property in Nevada?

"Before beginning the process of buying property in Nevada, it is important to consider your purchasing plan and motivations for buying. It is also necessary to research the location and have an understanding of the local real estate market. You will need to contact a licensed real estate agent, who is familiar with the area, to assist you with the purchase. It is important to obtain a pre-qualification letter from a lender to determine how much you are able to spend and get pre-approved for a loan. As with any purchase, it is essential to read all of the paperwork thoroughly such as the deed and title, to ensure there are no hidden fees or existing liens. In addition, in order to protect your purchase and maintain the property, homeowners are responsible for obtaining appropriate insurance for their property. Lastly, it is advisable to schedule an inspection prior to purchasing to assess the condition of the property," said a member in Nevada.