1 of 11 photos Las Vegas For Sale $125,0003 Beds / 2 Baths
Great single story that''s not a short sale or bank-owned! 3 bedrooms, 2 baths in this charmer with a fireplace! Tile in the kitchen and baths, with hardwood type flooring in all othe rooms...
1 of 15 photos Las Vegas For Sale $132,5003 Beds / 2 Baths
NO HOA on this beauty!!! A circular driveway welcomes you to the single story with 3 bedrooms. White plantation shutters throughout. A sunken, formal living room in front with fireplace...
1 of 19 photos Las Vegas For Sale $145,0003 Beds / 3 Baths
WOW!!! This is a real beauty, and right across from the pool! Open floor plan with tile on the diagonal and hardwood type floors. Bedroom downstairs, loft upstairs...
1 of 15 photos HENDERSON For Sale $167,5004 Beds / 3 Baths
4 bedrooms in this beauty with a balcony off the master and a covered patio! Gorgeous kitchen has island with granite countertops and a pantry. Tile flooring in kitchen, baths and laundry room...
1 of 6 photos Las Vegas For Sale $174,9004 Beds / 3 Baths
Great two story on a huge corner lot in the southwest! 4 bedrooms, living and dining rooms with hardwood style flooring downstairs. Pool and spa in landscaped backcyard...
1 of 3 photos Las Vegas For Sale $189,9004 Beds / 3 Baths
Gorgeous property! Brand new kitchen cabinets, light fixtures and much more! Fresh, neutral paint! Upgraded tile flooring, showers and more! Fantastic, like-new property! Must see!..
1 of 5 photos Las Vegas For Sale $190,0005 Beds / 3 Baths
Open floorplan in this 2 story corner lot home! JUST REHABBED with neutral paint and carpet! Kitchen has garden window and breakfast bar, with plenty of cabinet space! Move-in ready! Must see!..
1 of 5 photos Las Vegas For Sale $194,0405 Beds / 3 Baths
HUGE home in great Northwest neighborhood! Great location! Oversized kitchen with lots of cabinet space and granite counters! Open floorplan with 5 oversized bedrooms. Back yard has covered patio...
1 of 5 photos LAS VEGAS For Sale $195,0004 Beds / 3 Baths
Gorgeous, newly rehabbed home with just under 3,000sf in newer Southwest community! Fresh, neutral paint and carpet! Large kitchen with black granite counters and wood laminate flooring!..
1 of 5 photos Las Vegas For Sale $199,9003 Beds / 3 Baths
Gorgeous 2 story home in Summerlin! Great condition! Neutral paint and carpet, tile floors and granite kitchen counters! Open floor plan with plenty of space!..
1 of 22 photos Las Vegas For Sale $268,5005 Beds / 3 Baths
WOW!!! NO BANKS,NO HOA, 5 bedrooms, with pool and spa! Bedroom down has full bath. Formal living and dining rooms, with a family room off the kitchen area...
1 of 19 photos Las Vegas For Sale $277,5004 Beds / 4 Baths
This wonderful 4 bedroom in the heart of Summerlin has the Master Suite down! The spacious kitchen has solid surface counters, microwave, double ovens and a large island. Huge loft upstairs...
1 of 4 photos LAS VEGAS For Sale $285,0003 Beds / 3 Baths
Gorgeous, single story home in gated Mountains Edge community! Just rehabbed with neutral flooring and paint! Open, single-story floorplan! Sparkling pool in backyard!..
1 of 18 photos Las Vegas For Sale $348,5004 Beds / 3 Baths
This is a beautiful single story in the heart of Summerlin! Circular driveway welcomes you to a gated courtyard entry! Four bedrooms with a formal living and dining room...
Escrow
A neutral third party holds documents and money for a local Las Vegas real estate transaction and ensures
that all conditions of a sale are met. That in a nutshell is the definition of Escrow.
A special account that a lender uses to hold a borrower's monthly payments on Las Vegas home taxes and insurance also refers to an escrow.
The amount of money that you will be required to come up with at escrow depends on a number of factors, including the cost of the house and the type of mortgage you get. In general, you need to come up with enough money to cover three costs: earnest money - the deposit you make on the Las Vegas home when you submit your offer, to prove to the seller that you are serious about wanting to buy the house; the down payment, a percentage of the cost of the Las Vegas home that you must pay when you go to settlement; and closing costs, the costs associated with processing the paperwork to buy a house.
When you make an offer on a home, your local Las Vegas real estate broker will put your earnest money into an escrow account. If the offer is accepted, your earnest money will be applied to the down payment or closing costs. If your offer is not accepted, your money will be returned to you. The amount of your earnest money varies. If you buy a HUD home, for example, your deposit generally will range from $500 - $2,000.
The more money you can put into your down payment, the lower your mortgage payments will be. Some types of loans
require 10-20% of the purchase price. That's why many first-time homebuyers turn to HUD's FHA for help. FHA loans
require only 3% down - and sometimes less.
Some Las Vegas real estate buyers hold monies in escrow because it helps ease closing costs.
Closing costs - which you will pay at settlement - average 3-4% of the price of your home. These costs cover various
fees your lender charges and other processing expenses. When you apply for your loan, your lender will give you an estimate of the closing costs, so you won't be caught by surprise. If you buy a HUD home, HUD may pay many of your closing costs.