Sparks, Nevada is now at at an all time median price high at $337,200. Reno, of course has higher real estate prices for stick built homes. Now people are beginning to talk about sophisticated ways to finance a home purchase – remember, 2009 wasn’t that long ago – if you participate in shady finance deals and get burned, nobody is going to feel sorry for you.
Time to start thinking about buying a condo? The FHA relaxed financing standards for condos in 2016, so it might actually be able to finance a purchase of a condo using more traditional (and legit) means. Talk to your lender to get preapproved for a loan, then let me know if I can find you a condo specialist in Norther Nevada.