Home affordability is at a all time low since rates are still great. Home prices are reasonable in the Las Vegas, Nevada area. Waiting periods to purchase after a short sale, bankruptcy or foreclosure have been greatly reduced. In addition, a new program allows you to finance 99.5% of your home purchase. Yes, 0.5% is the down payment but look at it at as minimal or virtually none.
Example: Our current pool home listing located at 5033 Via De Fortuna Way listed at $170,000. With an $850 down payment, the payment including principal and interest is $880.70.
*Example of 99.5% total financing utilizing the NHF FIRST DOWN Program is based on the combination of a 30-year fixed-rate FHA First mortgage and a 15-year fixed-rate NHF FIRST DOWN SECOND MORTGAGE. The payment on a $164,050.00 30-year fixed-rate loan at 4.50% and 96.5% loan-to-value (LTV) is $831.70 with the annual Percentage Rate (APR) is 4.825%. The payment on a $5,100.00 15-year-fixed-rate CFH FIRST DOWN Second Mortgage at 8.25% is $49.48 with an APR of 10.016%. Total monthly payment is $880.70. Some state and county maximum loan amount restrictions may apply. Actual rate may vary. This is not an offer for extension of credit or a commitment to lend and is subject to change without notice. Certain restrictions apply on all programs. Contact Sharon Newton for lender contact information that can give complete program guidelines, loan applications, applicable fees and APRs.
Author:Brenkus Team Phone: 702-526-2298 Dated: April 16th 2014 Views: 12,495 About Brenkus: Rick and Teri Have been top producers for over 30 years in the Las Vegas area and have been ranked i...
About Keller Williams Marketplace - Brenkus Realty Network
Rick and Teri Have been top producers for over 30 years in the Southern Nevada and have been ranked in the top 50 agents in the US by the Wall Street Journal out of over 1.3 million agents. They have sold over 4,000 homes in both stable and challenging markets. Their strategies and incredible systems to represent buyers and sellers can not be matched! Sellers enjoy netting top dollar in the least amount of time with their massive marketing and ability to stay ahead of the curve! This Top Producing Team has consistently been in the top 1% of agents Nationally for the last 30 years. They are national speakers and are highly sought after by many who want to get to the next level in their business. They also serve on Professional Standards at the Greater Las Vegas Association of Realtors and are Senior Faculty Instructors. Their list of credentials are endless!
Before you make any decision to Buy, Sell or Invest in Real Estate, be learning based and discover all the benefits, strategies and techniques Rick and Teri Brenkus offer to their clients..... You will be glad you did!!! 702-456-5959