Home Buying in Las Vegas>Question Details

lv nv, Home Buyer in Las Vegas, NV

Can you buy a home for 15000 cash?

Asked by lv nv, Las Vegas, NV Mon Dec 9, 2013

Help the community by answering this question:


If you are looking to put down $15,000 between down payment and closing costs then the answer is YES.

If you are asking can you find a property for a sales price of $15,000 then the answer is NO.

Start your free home search here: http://www.lvrealestatehelp.com/buying-real-estate.html

I look forward to hearing from you!

Best Regards,
Robert Adams
The Adams Team at
Rothwell Gornt Companies

"CONNECT" on LinkedIn: http://www.linkedin.com/pub/robert-adams/2a/971/a93/

"LIKE" on FaceBook: https://www.facebook.com/pages/The-Adams-Team-at-Rothwell-Go…

"FOLLOW" on Twitter: https://twitter.com/ShortSalePros
1 vote Thank Flag Link Wed Jan 15, 2014
I can see you have an answer to your question. I am happy to help you now or in the future look for a new home, or with any questions you may have. Thank You 702-807-6490
0 votes Thank Flag Link Wed Dec 11, 2013
Yes. ..Detroit has hundreds of them or a very nice trailer in Vegas and lease the lot. Homes in Vegas start at 65.oo per square foot and go up from there.
0 votes Thank Flag Link Mon Dec 9, 2013
For less than $15000 cash, you could get a nice home in a nice neighborhood if you can qualify for a FHA mortgage at 3.5% down and still have money left over. The smart money is borrowing every dollar they can as interest rates have to know where to go up, and you will look pretty smart having a 4% mortgage when interest rates hit 6%

David Cooper
Las Vegas Investment Group
0 votes Thank Flag Link Mon Dec 9, 2013
Yes. I have listing 15 units condo from $12000 to $20000. If you like to pay $20000, it comes with immediately move in condition.
0 votes Thank Flag Link Mon Dec 9, 2013

Well, I can at least.

Often they're in poor condition or dicey areas.. But not always.
0 votes Thank Flag Link Mon Dec 9, 2013
Don Tepper, Real Estate Pro in Burke, VA

A home in that price range will likely be a home that needs to be fixed up. You can also get a higher priced home and request OWC (owner will carry) if you are unable to obtain a bank home. Last, if you can apply for bank financing, you can use the $15k as your down payment and closing costs.


Nakia Woodson
0 votes Thank Flag Link Mon Dec 9, 2013
You have been watching too many of those real estate ads on TV where they tell you that you can buy a home for little or no money down. The only people who make money form those bogus real estate ads on TV are the people selling the books and CD's.

You can probably purchase a really beat up manufactured home for this price. Buying a regular single family home - even one in serious need of attention - is probably not too likely to happen - at least in Las Vegas.
0 votes Thank Flag Link Mon Dec 9, 2013
It is possible, they are very distressed homes. Mostly condos, but some homes. Competition is high for homes like these. If you'd like some assistance, or just talk, please feel free to contact me. Sign up for my Free Search Link

Harold Richardson Jr
Wardley Real Estate
Cell: 702-518-7955
Email: Harold@HGRJRealty.com
0 votes Thank Flag Link Mon Dec 9, 2013
No !
Jim Bounce
Realty One Group
Flag Mon Dec 9, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer