What does mean for you?
If you are thinking about buying a home in Las Vegas, this could be what you have been waiting for!
With this higher loan limit from the FHA can be the difference of being able to qualify for bigger home if conventional loan criteria are not right for your situation. The FHA loan program have some easier qualifying guidelines because they are government insured.
Right now you can get a beautiful home for under $400,000 and when the market turns around you will be sitting on a beautiful goldmine worth a lot more than you paid for it. Now is the ideal time to get into a home in the Las Vegas area before things turn around.
This higher limit on FHA loans is just another good reason to purchase NOW!
Unitil Next Time!
Robert
If you are looking for a Las Vegas Area Real Estate Professional who specializes in helping First-Time and Repeat Buyers, & Sellers, then you need my 13 yrs. of R. E. Sales and Negotiating Experience.
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