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Old 01-23-2019, 07:43 AM
LLV LLV started this thread
 
5 posts, read 3,321 times
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30 Strada di Villaggio Condos. Viera Building. 89011

Anyone have any information on if one is able to getaway mortgage on these condos? I know that getting a condo mortgage can be quite difficult/impossible.

Thanks in advance for any input.
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Old 01-23-2019, 08:27 AM
 
Location: Las Vegas, NV
386 posts, read 262,070 times
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IIRC, the HOA and other monthly fees on those LLV condos are monsterous.
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Old 01-23-2019, 11:47 AM
 
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Some of the condos there... The HOA includes utilities and cable. Not sure if that applies to the ones you're looking at.
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Old 01-24-2019, 08:34 PM
 
Location: Las Vegas
124 posts, read 105,849 times
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Getting a mortgage on a condo is not a problem.

The issue is that due to the slow appreciation of condos, banks HIGHLY prefer more downpayment. Unless you're a Vet it's unlikely you can get a high LTV.

Just call a loan professional. They'll let you know real quick like if what you're wanting is doable.

RE: LLV, we thought about a condo there for the summers, but we couldn't get away from the whole toxic waste dump thing.

(Yes, we go to LV for the summers. Vegas heat is much more palatable than the FL swamp-heat-bugs.)

LLV condo HOAs used to be pretty high, like $450 - $800/mo. I've heard some of the newer units have lower HOAs.

-von
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Old 01-26-2019, 10:05 AM
 
Location: Southern Highlands
2,413 posts, read 2,031,264 times
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per Redfin: HOA dues $858/month


Quote:
Association Fee Includes: Common Area Taxes, Elevator Service, Garbage Pickup, Ground Maintenance, Insurance, Recreation Facilities, Sewer, Utilities
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Old 01-26-2019, 10:28 AM
 
Location: BFE
1,415 posts, read 1,189,207 times
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I've got pictures of me riding my motorcycle in the canyon what is now Lake Las Vegas. Ah, the good old days!
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Old 01-26-2019, 12:06 PM
 
Location: Lone Mountain Las Vegas NV
18,058 posts, read 10,354,091 times
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Virtually no HOA fees below $500 in LLV. Many are close to $1,000 even on small 1 bedroom places.

There appear to be no FHA or VA loans there in the last year. There are however conventional loans though the majority are cash.
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