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Las Vegas High Rises-vacation homes

By
Real Estate Agent with Award Realty

High rise buildings are becoming popular here in Las Vegas. I was watching House Hunters last night on HGTV and they had a program on buying a high rise condo.  These two guys were looking to buy a vacation home here. They were from California. The real estate agent showed them 3 condos and they eventually picked this loft style development. This show was probably taped 6 months ago. Boy, how prices have come down from then.

There are such great deals right now. I see price reductions every day in the Multiple Listing Service. Now is the time to buy here.  Youi can get a one bedroom at one of the high rises for $300,000 and two bedrooms starting around $550,000. Imagine having a place right on the Las Vegas strip, among all the great hotels and attractions.

Condo hotels have become popular here. We have Palms Place, MGM Grand and Trump Tower. You can use them yourself and also put them into the rental program. I have such unbelievable deals right now at Trump Tower. Many buyers who are in contract can not close because for this type of loan, you need at least 35-40% down payment.  You can buy these units with fantastic strip views for 10% less than  the contract price.

For all your high rise needs, please think of me.

Michael Shankman

Liberty Realtty   702-498-3383

www.lasvegashighriseagent.com

 

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