With the deadline for the First Time Home Buyer Tax Credit rapidly approaching, new home builders are desperately trying to attract those remaining first time buyers. Richmond American is offering super low interest rates on select quick move-in homes. Buyers can get an FHA 30 year fixed loan from HomeAmerican Mortgage Corporation for 4.375% (5.0405% APR). Not a bad incentive at all when you consider how low your mortgage payments will be on a nice brand new Las Vegas home (under $1k a month for a $200,000 home with 3.5% down!). Richmond American has dozens of move-in ready homes available all over the Las Vegas valley in some of the most popular communities like Tuscany Hills in Mountain’s Edge.
Of course, Richmond American isn’t the only builder that is looking to get rid of standing inventory. Lennar is currently pushing its homes with “pool sized” lots. New homes with large yards are still a rarity in the valley. If you are looking for a new home with a large yard, take a look at some of the new homes available from Lennar:
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