Just Sold House in Palm Canyon by Henderson Real Estate Agents at Nevada Desert Realty

Henderson, NV, October 22, 2016 --(PR.com)-- This just sold house in Palm Canyon, Henderson 89002 closed escrow a month after Nevada Desert Realty’s client made their offer. This house was originally listed for $278,000 but was purchased for $275,000. This home was on the market for 94 days. The home is measured at 2,018 square feet with a lot size of 6,098 square feet. The purchase price per square foot of this just sold house in Palm Canyon is $136 per square foot. This home has 4 bedrooms, 3 bathrooms, and a 2 car attached garage. Some of the features of this home were the fantastic corian counter tops and beautiful hardwood floors.

This home was purchased with an FHA Loan. FHA Loans are named after the Federal Housing Administration which guarantee these types of mortgages. How these loans came into existence is that the FHA found that conventional loans were hard for many people to qualify for and many did not have the 5% or more required for a down payment. The government then decided to back, or guarantee these loans so that American Citizens only require a 3% down payment. These loans are available to those who didn’t have as good of credit as to qualify for a conventional loan. The downside is to these loans is that PMI costs never go away, and will be paid till you have sent in the last payment on your mortgage. There are many first time home buyer programs and down payment assistance options for FHA Loans, however they may raise your interest rate. You will have to discuss with your experienced loan officer which options are best for you.

This just sold house is located in the Palm Canyon Neighborhood in Henderson 89002. The Palm Canyon neighborhood in Henderson Nevada borders the 515 freeway and the Palm Hills neighborhood. There are approximately 1,650 residents living in this neighborhood of Henderson, and 70% of the homes are owner occupied. Residents love Palm Canyon because it is clean, peaceful, well maintained, has almost immediate freeway access, and friendly but quiet neighbors. There is also a community calendar in Palm Canyon as residents try to do things as a community such as a yearly garage sale, run/walk 5ks, and more.

Palm Canyon is located in the Henderson zip code region of 89002. This zip code reaches over 8 square miles and includes over 35,000 residents. There is over 12,000 houses and condos and approximately 2,500 apartments in this region. 23% of the residents are renters in this zip code. As this is a more southern zip code of Henderson, Nevada it is a little more rural and homes tend to have a little more yard space than those located nearer the strip. The average home sale price of homes in this zip code is just under $230,000.

Nevada Desert Realty is owned by Michael and Anna Klinger. The Klingers have been in Las Vegas real estate for almost 15 years and have helped many people purchase their first home, purchase a bigger home, invest in real estate, and sell homes. The Klingers’ favorite part of each transaction is negotiating on behalf of their client to get the best price possible and meeting new people that require their real estate assistance. Nevada Desert Realty is located at 40 E Horizon Ridge Parkway #101 in Henderson NV 89002 and their office number is 702-509-1446.