Home Buying in 48917>Question Details

ednpaz, Home Buyer in Las Vegas, Las Vegas,...

Is it still possible to buys homes for under $5,000? or in the $1,000-$10,000 range?

Asked by ednpaz, Las Vegas, Las Vegas, NV Mon Dec 3, 2012

I know in 2008 it was possible. Anyone have information how to buy these homes for approx. $5,000 (more or less)? Thank you very much.
Barbara Paz

Help the community by answering this question:


Yes it very possible, as long as you have about $$$$$$ to fix it up. You can buy a mobile home. But again, you most likely need money to fix it up to be comfortable in.

Sports Authority has nice tents. Here you most likely wont need any $$$ for repairs.

Sorry, did not mean to be a jerk, hope you had a laugh or two...

Good luck in your home searching. Be glad to help and coach you to success.

Visit my sites, please pay attention to the tabs. You find they take you to some cool places.

Happy home searching, Ednpaz.



Til next time:

Remember: “Pictures without ALL the information are never the total picture and always the entire story ~! Pictures being shown, are attention gotcha, use to draw your interest. The rest, the information, will help you decide. Where that information comes from is IMPORTANT to you, and it may not all be on the listing information! Having an agent will get you the missing pieces. Then when you actually view the property; have it inspected where everything begins to fall into place having a pre-approval letter or proof of funds ready for the seller’s hands. Sellers and Banks expect this information, before reviewing yours or any offers. Do not lose out by not having this or a Realtor® that is not the listing agent that serves the seller. Remember, the seller pays the commission!! You get to choose your Realtor®! And I want to be that Realtor”

Ronald ( Realtor Ron W) wolchesky

"Success is when we work together to achieve your GOAL!"
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0 votes Thank Flag Link Thu Jun 20, 2013
In the last 6 months, 13 homes have sold in the Greater Lansing area for under 5,000. One is actively listed at $4,900. Lookers must sign a hold harmless to enter.

Are you looking to invest or live inexpensively? In that price range, most likely are uninhabitable as is.
0 votes Thank Flag Link Mon Dec 10, 2012
I just picked up 1 for 4500.00
0 votes Thank Flag Link Sun Dec 9, 2012
I'm also looking for these types of properites in Phoenix , Arizona. Any suggestions how to find them?
thank you!
0 votes Thank Flag Link Mon Dec 3, 2012
Hi Barbara,

While we are seeing the prices of houses increase, there are still some amazing deals out there! There is currently 1 house for sale in the 48917 zip code for under 5K, however there are a total of 9 houses in the Greater Lansing area for 10K or less. If you are not already working with a Realtor, I would be more than happy to answer any other questions you may have.

-Leigh Zynda Henrys
0 votes Thank Flag Link Mon Dec 3, 2012
Yes, it is possible.
Texas, Florida and NV are the best states with such opportunities.
You can pay the $2,000 to $15,000 to enroll in those programs you see on the infomericals or you can hire a real estate consultant.
Without knowing your objectives, holding structure, exit strategies, any guidance could prove to be extremely faulty for your situation.
This IS valuable information for which you should be willing to pay for, if you are serious.
Contact a Las Vegas professional and set up the strategy and structure that will get you on the road to becoming the next NV real estate mogul.
0 votes Thank Flag Link Mon Dec 3, 2012
Thanks for your answer. I am interested in finding an agent in Las Vegas who deals in these properties along with other distressed properties and bank owned properties. Thank you again,
Flag Mon Dec 3, 2012
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