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Old 12-18-2014, 07:27 PM  
RTP
aka Jimmy James
 
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Join Date: Nov 2006
Location: Newport
Posts: 1,335
Quote:
Originally Posted by chaze View Post
Property is about 50k for a nice area.
I've been watching the market there and it's pretty decent time right now with a big inventory, esp with foreclosures. You can buy a decent sized 1 bedroom condo/apartment (not in the hood either) for less then the cost of a car. Example would be in Summerlin / West Vegas at around 40k-50k. HOA fees run about 150-200/mo.

So if you needed or wanted to mortgage a 1 bedroom it would cost you about est $250+$200 HOA.

$500 a month for a condo built in the mid 90s

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