Financing - Getting a Loan on Real Estate in Las Vegas
The market has changed so dramatically over the past three years what originally you thought your down payment and mortgage payments were going to be is drastically different today. You may have put $30k or more in escrow with the developer at the time of contract and now they are asking for 10% or more due to market conditions.
If you have cash on hand there are many properties priced at 2003 market conditions. There are bank-owned properties that are priced to sell if you are willing to act fast and accept the banks terms.
