FREQUENTLY ASKED QUESTIONS ON CANADIANS BUYING HOMES IN LAS VEGAS:
Must I be a U.S. citizen to purchase in Las Vegas?
NO, there are no citizen requirements.
How do I get a loan in Las Vegas?
If you have a U.S. social security number, and are in the U.S. on a work permit or visa for 3 yrs or longer, you can obtain a FHA government-insured mortgage with only 3.5 % down for principal residence! (for rental/investment home and you have a U.S. social security number, you can get a mortgage (with acceptable credit) for approx 20% down…….Canadians with no U.S. social security number looking to just purchase an investment property, the downpayments range from 30 to 40% down.
All funds are subject to exchange rates at the time of transfer.
How long does it take to buy a home in Vegas?
Typical time to close is anywhere from 3 weeks to 6 weeks. In my recent sale in March 2009– to a couple from Regina, Canada– we used Equity Title Escrow Company as they're very experienced with Canadian buyers.
What about inspections and home warranties, etc?
I suggest buyers conduct the following inspections: structural/mechanical, radon, mold and termite inspections! The cost of these 4 inspections is about $900 and money well spent.
FREE Rental Information!
All areas in Las Vegas, North Las Vegas, Henderson, Pahrump, Boulder City and even Mt Charleston!
Need to find a place to rent in the Las Vegas area ? I can help you!
I have lived in Las Vegas since 1986 and know all parts of town and all the various neighborhoods. I can get you information on Las Vegas schools, Las Vegas churches and more very quickly. Selling real estate for the last 20 years in Las Vegas I can help you make the right decision for you and your family.
Most agents are reluctant to help with rentals as there's just not any money in it. The process of listing and selling homes is how an agent survives and pays the bills.
Why do I help with rentals?
Simple. Typically when someone rents a property from me, this is just the beginning of a long term relationship whereby past rental customers keep me in mind for their future housing needs. Should they decide to purchase a home at some later date, they remember someone like me that helped them out when they were looking to just rent. Someone they can trust to make sure they get the best deal out there in these tough economic times…. Further, they also keep me in mind with their friends and family!
My business philosophy is a long term one focusing on providing exceptional service & trust with never any sales pressure!
Corporate Relocation
As a Broker of Act 1 Realty with 22 years experience, I often times work with corporate employees from companies including Harrrah's Entertainment, Toyota Financial, Cricket Communications, IGT Gaming and Caterpillar (working with National Relocation Companies including SIRVA, Plus Relocation, Paragon Global Relocation and CARTUS)…..employees are typically relocating from many miles away and find S. Nevada to be completely different from their past residence.
…our climate is dramatically different, our southwestern homes look unique and our way of life is one-of-a-kind…..24 hr town, gambling present in grocery stores, drug stores, gas stations, etc!
Living here since 1986 and coming from the east coast, I understand how they feel……living here is actually nice as long as you accept the fact that it's very unique but still a town where people go to work, kids go to school, dogs play in the parks….it just takes time to adjust and I can help given that I have lived here for 24 yrs.
Let me take the guesswork out of your relocation. Living here for the last 24 years, I know all parts of town, great schools both public & private. Also—if you need info on rentals I can help you with that as well!
Brian J. Grady | Broker/Realtor | Act1 Realty, Inc. | 702.498.4508