Robin Camacho's House Advantage

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Short Sales - It's The New Black
Dan said: My daughter and son-in-law just went thru a short sale they were trying to buy. The bank was NOT ver...   [More]

Has Las Vegas Real Estate Hit Bottom?
Judy Taylor said: Robin, and others, have pointed out how much like a Circus Midway the home market in Las Vegas has b...   [More]

Has Las Vegas Real Estate Hit Bottom?
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Las Vegas Home Sales Skyrocketing (Again)
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Wake Up, Roger, and Own Your Own Piece of Las Vegas
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FHA Loan Limit Raised

Posted At : March 6, 2008 3:59 PM | Posted By : R Camacho
Related Categories: Current

Good news, Readers. FHA loan limits for the Las Vegas area have just been raised to $400,000. FHA loans are for first-time homebuyers, so if you are getting ready to help your kids buy a home, this could help you out. FHA loans require only 3% for a down payment.

Lenders can't do these loans at the higher limit today, but many are gearing up to be able to offer these by the end of the month. The $400,000 cap is for Clark County; click here to check loan limits in your area.

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