I am beginning another series about “Things That Can Make Your Las Vegas Financed Home Purchase *Blow Up* in the Middle of a Transaction.”
My ultimate goal in this series is to make Las Vegas Home Buyers aware of the challenges of a specific home’s eligibility for financing.
Congratulations!  Your lender just approved you to purchase a Las Vegas area home by looking at your check stubs, debt to income ratio and you are now approved to purchase a Las Vegas area home!
Hold the phone here, *you* may be eligible to purchase a home but is the house eligible for financing? Â This series is designed for you to research a home’s eligibility for financing.
DISCLOSURE:  I am not a lender, title company, home inspector, contractor or appraiser.  I am only speaking from personal experience by working with financed Las Vegas area home buyers.  Hopefully you have hired a Las Vegas area real estate agentwho will be able to spot things that can *potentially* cause problems with your financing (mostly FHA/VA) before your contract to purchase a Las Vegas area home.
Much of Las Vegas is currently priced in fire sale status.  Many times when you see unusually inexpensive homes there is a reason – they are not eligible for financing and the seller does not wish to rehabilitate the home to make it eligible for financing.
Today’s topic at hand is the “Condo Certification“. Â A Condo Certification is ordered by your lender from the Condominium HOA.
The lender is looking for certain things in the Condo Certification that will determine if they will lend money on that specific condo property:
- Lenders want to see low investor concentration (rentals)
- Low HOA delinquencies
- No construction defect or other litigation against HOA or community
Las Vegas Condo financing is a huge challenge in our market and there is no telling when things will turn around to make it easier to buy a Las Vegas Condo using traditional financing methods. Â Many are priced very low and there is a reason for that – because they are all cash transactions.
HUD (FHA) does have an “Approved Condo List” where you can search online.
Newest Condos for Sale in Las Vegas:
Showing properties
1 - 50 of 500+.
See more Condos.
(all data current as of
5/23/2013)
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$200,000 : 821 Glacier Peak Ln 201, Las Vegas2 beds, 2 full baths
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$89,800 : 5332 River Glen Dr 398, Las Vegas2 beds, 1 full, 1 part baths
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$84,900 : 359 Manti Pl N/A, Henderson2 beds, 1 full, 1 part baths
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$89,800 : 5493 Indian River Dr 381, Las Vegas2 beds, 1 full, 1 part baths
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$88,000 : 2200 S Fort Apache Rd 1176, Las Vegas2 beds, 1 full, 1 part baths
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$75,000 : 7950 W Flamingo Rd 1122, Las Vegas2 beds, 1 full, 1 part baths
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$69,500 : 3318 N Decatur Bl 2010, North Las Vegas2 beds, 2 full baths
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$64,950 : 5264 Child Ct 91, Las Vegas2 beds, 1 full, 1 part baths
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$59,900 : 1828 N Decatur Bl 104, Las Vegas2 beds, 1 full, 1 part baths
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$23,000 : 4600 Swenson St 178, Las Vegas1 bed, 1 full bath
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$194,900 : 1600 Hills Of Red Dr 201, Las Vegas2 beds, 2 full baths
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$72,000 : 948 Falconhead Ln 102, Las Vegas2 beds, 2 full baths
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$24,999 : 5650 E Sahara Av 1039, Las Vegas2 beds, 1 full, 1 part baths
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$467,000 : 9204 Tesoras Dr 302, Las Vegas2 beds, 2 full, 1 part baths
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$125,000 : 5250 S Rainbow Bl 2005, Las Vegas2 beds, 2 full baths
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$119,900 : 10180 Deerfield Beach Av 201, Las Vegas2 beds, 2 full baths
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$100,000 : 8985 S Durango Dr 2133, Las Vegas2 beds, 1 full, 1 part baths
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$97,500 : 47 E Agate Av 304, Las Vegas1 bed, 1 full bath
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$84,900 : 3604 Di Salvo Dr 123, Las Vegas2 beds, 2 full baths
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$88,000 : 1908 Villa Palms Ct 103, Las Vegas2 beds, 1 full, 1 part baths
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$78,000 : 10001 Peace Wy 2183, Las Vegas1 bed, 1 full bath
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$82,000 : 8000 W Badura Av 1084, Las Vegas2 beds, 2 full baths
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$79,988 : 6750 Del Rey Av 221, Las Vegas2 beds, 2 full baths
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$69,000 : 5345 Silvermist Ct 202, Las Vegas2 beds, 1 full bath
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$69,900 : 6328 Desert Leaf St 1, North Las Vegas2 beds, 2 full baths
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$48,900 : 1100 Willow Tree Dr C, Las Vegas2 beds, 2 full baths
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$37,500 : 3651 Arville St 439, Las Vegas1 bed, 1 full bath
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$148,900 : 10809 Garden Mist Dr 2107, Las Vegas2 beds, 2 full baths
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$125,000 : 700 Carnegie St 912, Henderson2 beds, 2 full baths
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$109,999 : 855 N Stephanie St 2312, Henderson2 beds, 2 full baths
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$72,800 : 2982 Juniper Hills Bl 201, Las Vegas3 beds, 2 full baths
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$69,000 : 300 Shadybrook Ln D, Las Vegas2 beds, 1 full, 1 part baths
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$224,000 : 2555 Hampton Rd 5208, Henderson2 beds, 2 full baths
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$129,900 : 2721 Ferrin Rd, Las Vegas3 beds, 2 full, 1 part baths
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$121,100 : 1801 Dagger Dr 138, Henderson3 beds, 2 full baths
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$95,000 : 9050 W Warm Springs Rd 1100, Las Vegas2 beds, 2 full baths
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$77,500 : 7885 W Flamingo Rd 1150, Las Vegas2 beds, 1 full, 1 part baths
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$81,999 : 3115 Casey Dr 203, Las Vegas2 beds, 2 full baths
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$75,000 : 4555 E Sahara Av 214, Las Vegas2 beds, 1 full, 1 part baths
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$75,000 : 5055 W Hacienda Av 1090, Las Vegas1 bed, 1 full bath
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$67,900 : 944 Falconhead Ln 201, Las Vegas2 beds, 2 full baths
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$57,500 : 2984 Juniper Hills Bl 201, Las Vegas2 beds, 2 full baths
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$50,000 : 5335 Rod Ct 302, Las Vegas2 beds, 1 full bath
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$85,000 : 500 Yacht Harbor Dr 101, Las Vegas2 beds, 2 full baths
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$68,000 : 1822 N Decatur Bl 103, Las Vegas2 beds, 1 full, 1 part baths
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$55,000 : 2200 S Fort Apache Rd 2017, Las Vegas1 bed, 1 full bath
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$74,995 : 5055 W Hacienda Av 1032, Las Vegas2 beds, 2 full baths
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$139,900 : 345 Seine Wy 345, Henderson3 beds, 3 full baths
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$150,000 : 830 Carnegie St 0413, Henderson2 beds, 2 full baths
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$134,500 : 10550 W Alexander Rd 2018, Las Vegas2 beds, 2 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
There's the catch. The financing of these low-priced Las Vegas condos. But a great deal if you have cash.
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