Edited and reviewed by CEO Vatche Saatdjian — 30+ years of experience — Expert on Nevada homebuying process

2025 CHECKLIST

Nevada homebuyer checklist 2025

Complete printable checklist covering pre-approval documents, down payment preparation, inspection contingencies, and closing day essentials. Stay organized from start to finish in Las Vegas, Henderson, or Reno.

6
Phases
40+
Items
Printable

How this checklist helps

Stay organized: Track progress from pre-approval to keys
Nothing forgotten: All documents, inspections, deadlines
Print-friendly: Save, print, or share with your realtor

Complete Nevada checklist • Printable PDF • NMLS #65506

6-Phase Checklist

Everything You Need to Track

Phase 1: Pre-Approval 7 items
Phase 2: House Hunting 5 items
Phase 3: Offer & Contract 6 items
Phase 4: Inspection 5 items
Phase 5: Underwriting 8 items
Phase 6: Closing Day 9 items

Pro tip: Print this checklist and keep it in a folder with all your documents. Cross off items as you complete them to track progress.

Pre-Approval Checklist for Nevada Homebuyers

Complete these steps before house hunting in Las Vegas, Henderson, or Reno

Check Your Credit Score

Pull your credit reports from all three bureaus. FHA requires 580+ for 3.5% down, 500-579 for 10% down. Conventional loans typically need 620+ for Nevada buyers.

Calculate Down Payment & Closing Costs

Save 3.5-5% for down payment plus 2-5% for closing costs. On a $350,000 Las Vegas home, that's $12,250-$17,500 down plus $7,000-$17,500 closing (some can be covered by seller concessions).

Gather Financial Documents

Lenders need 2 years of tax returns, 2 recent pay stubs, 2 months bank statements, and employment verification. Self-employed Nevada borrowers need additional documentation.

Document Checklist:

  • ✓ W-2s or 1099s (2 years)
  • ✓ Tax returns (2 years)
  • ✓ Pay stubs (2 most recent)
  • ✓ Bank statements (2 months)
  • ✓ Photo ID
  • ✓ Proof of assets (retirement, investments)

Determine Your Budget

Use the 28/36 rule: housing costs ≤28% of gross income, total debt ≤36%. With $6,000/month income in Reno, aim for $1,680 max housing payment, $2,160 max total debt.

Use Affordability Calculator →

Get Pre-Approved (Not Just Pre-Qualified)

Pre-approval requires full document review and credit check, giving you a specific loan amount. Pre-qualification is just an estimate. Nevada sellers strongly prefer pre-approved buyers.

Ready to Get Pre-Approved?

Complete our quick application and receive your pre-approval letter within 24 hours

Start Your Application

Closing Day Checklist for Nevada

Final steps before receiving your keys

Review Closing Disclosure 3 Days Before

Lender sends final loan terms, closing costs breakdown, and cash-to-close amount. Compare to initial Loan Estimate. Report any discrepancies immediately to your lender.

Secure Homeowners Insurance

Required before closing. Get quotes from 3-5 Nevada insurers. Average Las Vegas policy: $1,200-$1,800/year. Lender needs proof of coverage and paid first year premium.

Get Home Insurance Quote →

Wire Down Payment & Closing Costs

Title company provides wiring instructions 1-2 days before closing. Call to verify wire details (common fraud target). Cashier's check also accepted at some Nevada title companies.

Complete Final Walk-Through 24 Hours Before

Verify repairs were completed, home is in agreed-upon condition, all appliances/fixtures included are present. Turn on all lights, run water, test AC. Document any issues immediately.

Attend Closing & Sign Documents

Bring photo ID and any additional funds. Sign deed, mortgage note, title documents (20-30 pages). Closing agent explains each document. Takes 30-60 minutes in Nevada title offices.

Receive Keys & Move In!

After documents recorded with county, keys are yours. Change locks immediately, transfer utilities (NV Energy, Southwest Gas, water district), update address with USPS, DMV, and voter registration.

Inspection & Appraisal Phase

Critical steps after offer acceptance

Schedule Home Inspection Immediately

Hire licensed Nevada inspector ($300-$600). They check foundation, roof, HVAC, plumbing, electrical, pests. Attend the inspection and ask questions. Report takes 24-48 hours.

Review Inspection Report & Negotiate Repairs

Prioritize major issues (roof leaks, foundation cracks, AC failure) vs minor cosmetic items. Request repairs, seller credit, or price reduction. In Nevada heat, AC and plumbing are non-negotiable.

Order Appraisal Through Your Lender

Lender orders appraisal ($500-$700, you pay). Appraiser evaluates home's market value. Must appraise at or above offer price for loan approval. Takes 7-14 days in Nevada.

Handle Low Appraisal Scenarios

If appraisal comes in low, options include:

  • • Renegotiate lower price with seller
  • • Increase down payment to cover gap
  • • Challenge appraisal with comparable sales
  • • Walk away (if appraisal contingency in place)

Consider Additional Inspections

Pest inspection (termites/scorpions common in Nevada), pool inspection, septic inspection (rural properties), radon testing, mold testing. Each costs $100-$400 but provides peace of mind.

Making an Offer & Negotiating in Nevada

How to structure winning offers in competitive Nevada markets

Run Comps to Determine Fair Offer Price

Your agent pulls recent sales of similar homes in the neighborhood. In hot Las Vegas markets, expect to offer at or above asking. In slower markets, 5-10% below asking might work.

Include Earnest Money Deposit (1-3%)

Shows seller you're serious. Typically $3,000-$10,000 in Nevada. Held in escrow and applied to down payment at closing. You lose it if you back out without valid contingency.

Negotiate Contingencies

Standard contingencies protect buyers but may weaken offers in competitive situations:

  • Inspection contingency (7-10 days): Right to inspect and renegotiate/cancel based on findings
  • Appraisal contingency: Cancel if home appraises below offer price (protects from overpaying)
  • Financing contingency: Cancel if loan falls through (always include this)

Request Seller Concessions

Ask seller to cover 2-3% of closing costs (FHA allows up to 6%, conventional up to 3%). In buyer's markets, also request repairs, home warranty, or appliances.

Write a Personal Letter (Optional)

Some Nevada sellers respond to emotional appeals. A brief letter about why you love the home can differentiate similar offers. Keep it genuine and concise.

House Hunting Phase for Nevada Buyers

Navigate the home search process with confidence across Las Vegas, Henderson, and Reno

Define Your Must-Haves vs Nice-to-Haves

Create two lists: non-negotiables (3 bedrooms, under $400k, good school district) and preferences (pool, garage, newer construction). This keeps you focused in Nevada's competitive market.

Research Nevada Neighborhoods

Explore Las Vegas suburbs (Summerlin, Henderson, North Las Vegas), Reno/Sparks areas, or rural Nevada. Consider commute times, schools, crime rates, HOA fees, and future development plans.

Work with a Nevada Real Estate Agent

Choose an agent who knows local markets, has access to MLS listings before they go public, and can schedule showings quickly. Agent commissions are typically paid by sellers at no cost to buyers.

Find a Partner Agent →

Attend Open Houses & Schedule Private Showings

Visit at least 10-15 homes to calibrate expectations. Take notes, photos, and walk through multiple times if serious. Check water pressure, inspect appliances, test outlets, and look for red flags.

Evaluate Nevada-Specific Concerns

Desert climate considerations: AC condition (critical), drought-tolerant landscaping, sun exposure, pool maintenance costs. Also check property tax rates (Clark County vs Washoe) and flood zones.