Patrick & Rebecca Korth
Patrick (702) 596-7611 & Rebecca (702) 461-5787
Patrick (702) 596-7611 & Rebecca (702) 461-5787
Top 10 Reasons to Buy in Las Vegas 2009
Posted on February 18, 2009
- Low Prices: Many properties priced at 2003 levels
- Interest Rates: Between 4 and 6 percent, interest rates at lowest level since 2002
- First Time Buyer Tax Credit: Homes purchased between April 9, 2008 and July 1, 2009, may be eligible for a minimum $7,500 tax credit
- Easy Lending: Qualifying for loans is seamless for those with strong credit
- Lending Options: Several programs are available that allow:
- Some repairs to be wrapped into the loan amount
- Down payment and closing cost assistance for buyers
- Buyers receiving gift funds to purchase for as little as $500 down
- High Inventory: Buyers have greater choice of both new and resale homes
- Investor Opportunities: With low prices and the strong
- Move-up Opportunities: With 90 percent of inventory comprised of foreclosures and short sales, resale homes are more desirable if priced competitively
- New Homes: Construction slowdown has forced builders to drop prices dramatically and offer generous financing and other incentives
- Long-term Wealth: Owning a home is the #1 investment for Americans
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