Making an offer on a house in Vegas

Chop79 · 05-07-2008, 10:36 AM

In a couple months I will be moving from Korea to Vegas and I'll need a place to park my new 1. I have found you 1ADDICT's here to hold a wealth of knowledge on many different subjects. With that said, I'm 29 and this is my first house. I've done my quite a bit of general research, but any additional advise would be much appreciated.

Here is the first place that has caught my attention: Positives: Great location on a nice golf course. And it seams to be a really nice place. Negatives: No pool, and it's only a single story.

http://www.cyberhomes.com/VanillaLis...stingid=780025

Chop79 · 05-07-2008, 10:38 AM

Oh yeah, it also seams to be one of those cookie cutter communities where all the houses look similar. I'll get a better idea when I can check the place out in person.

BForbes · 05-07-2008, 10:49 AM

IMHO, 300k is a bit steep. The housing market is in the toilet right now and I think you can do better at that price point. Also keep in mind that the house was built 20years ago. Be aware that things start to crack after 5-6 years. Then again, I am speaking as a person that lives in FL. 300k can get you brand new 2500sq house w/ 2 car garage right now. My .02

Chop79 · 05-07-2008, 11:34 AM

I'm thinking about maybe taking a six month lease when I show up. That should give me some time to get a feel for the market. I certainly don't think prices are going up any time soon.

nas130 · 05-07-2008, 05:30 PM

Las Vegas has the worst Real estate market in the US right now. I would lease and get a steal once you live there for a while. Plus you will know where you want to live.

nas

05-07-2008, 10:36 AM	#1
Chop79 Second Lieutenant 8 Rep 293 Posts Drives: Join Date: Feb 2008 iTrader: (0) Garage List 2008 135i [0.00]	Making an offer on a house in Vegas In a couple months I will be moving from Korea to Vegas and I'll need a place to park my new 1. I have found you 1ADDICT's here to hold a wealth of knowledge on many different subjects. With that said, I'm 29 and this is my first house. I've done my quite a bit of general research, but any additional advise would be much appreciated. Here is the first place that has caught my attention: Positives: Great location on a nice golf course. And it seams to be a really nice place. Negatives: No pool, and it's only a single story. http://www.cyberhomes.com/VanillaLis...stingid=780025 __________________ 2008 135i Alpine White, Black'ette/High Gloss, Sport, CA, Heated Seats, iPod Adaptor, Premium hifi, Sirius, BMW Assist
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05-07-2008, 10:38 AM	#2
Chop79 Second Lieutenant 8 Rep 293 Posts Drives: Join Date: Feb 2008 iTrader: (0) Garage List 2008 135i [0.00]	Oh yeah, it also seams to be one of those cookie cutter communities where all the houses look similar. I'll get a better idea when I can check the place out in person. __________________ 2008 135i Alpine White, Black'ette/High Gloss, Sport, CA, Heated Seats, iPod Adaptor, Premium hifi, Sirius, BMW Assist
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05-07-2008, 10:49 AM	#3
BForbes Moderator 594 Rep 4,240 Posts Drives: BSM 135i/AW E90 M3 Join Date: Feb 2007 Location: Orlando, FL iTrader: (0)	IMHO, 300k is a bit steep. The housing market is in the toilet right now and I think you can do better at that price point. Also keep in mind that the house was built 20years ago. Be aware that things start to crack after 5-6 years. Then again, I am speaking as a person that lives in FL. 300k can get you brand new 2500sq house w/ 2 car garage right now. My .02 __________________ - 04 Honda S2000(gone)
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05-07-2008, 11:34 AM	#4
Chop79 Second Lieutenant 8 Rep 293 Posts Drives: Join Date: Feb 2008 iTrader: (0) Garage List 2008 135i [0.00]	I'm thinking about maybe taking a six month lease when I show up. That should give me some time to get a feel for the market. I certainly don't think prices are going up any time soon. __________________ 2008 135i Alpine White, Black'ette/High Gloss, Sport, CA, Heated Seats, iPod Adaptor, Premium hifi, Sirius, BMW Assist
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05-07-2008, 05:30 PM	#5
nas130 New Member 1 Rep 13 Posts Drives: Join Date: Apr 2008 iTrader: (0)	Las Vegas has the worst Real estate market in the US right now. I would lease and get a steal once you live there for a while. Plus you will know where you want to live. nas
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