In the Las Vegas real estate market, we have noticed that VA loans have made a comeback in recent months. We had not seen VA loans much during the Las Vegas real estate boom, when appreciation was strong and mortgages were readily available to most homebuyers. But, with recent mortgage problems and challenges for buyers trying to take advantate of our “buyers’ market,” VA loans are a great choice for qualified buyers. VA loans offer advantages for both Buyers and Sellers, and to the improvement of the real estate market. In today’s real estate market, with the inventory of resale homes to choose from, many Las Vegas home sellers are considering paying buyers’ closing costs; this has not been the case in the past several years, as the market was so strong that sellers did not have to consider these types of incentives. Las Vegas new home builders are also accepting buyers with VA loans in today’s market, as they realize that so many home buyers who qualify for VA loans are looking at the builders’ standing inventory. Especially during the last quarter of the year, Las Vegas home builders want to liquidate their standing inventory before the end of 2008. Read the rest of this entry
Oct 08






Recent Comments