Las Vegas New Home Incentive - But...

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Submitted by vegasrenter on April 22, 2007 - 11:36am

I received this Email today. If it were in my area (Henderson) I would buy it today. Unfortunately, new homes are still selling well in my zip code, so no deals like this unless I move across town. Still, the numbers are compelling:
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Dear Friends:

XXXXXX has a home that just feel [sic] out of escrow and we must sell it. Here are the deal points:
Sky Ridge (Community in the Northwest)
1909 Square feet (3 Bed, 2.5 Bath, 2 Car Garage)
Included all appliances, Wood Faux Blinds, Fireplace, Granite Counter Tops, and much more.
Price is: $315,990
Incentive: $78,000
Sale Price: $237,990

Sky Ridge is located off I-95 and Durango. For directions and complete details please call my cell phone at XXXXXXXXX.

Respectfully,

XXXXX XXXXXX
New Home Consultant

‹ Maybe I know WHY landlord wants to dump the house Real estate prices in OK versus CA ›
In other words, the sale
Submitted by Bugs on April 22, 2007 - 2:53pm.

In other words, the sale price has been reduced to $237,000. The "incentive" exists only to maintain the fictional $315,000 value so as to mollify the prior buyers and assure them that they haven't lost $75k in equity.

VEGAS is a lot cheaper than
Submitted by mixxalot on April 22, 2007 - 9:24pm.

VEGAS is a lot cheaper than San Diego!!

I need to make a trip there on business to check out the scene. Compared to 400-600k overpriced condos in UTC, Del Mar, and Mission Valley it seems like a bargain. Especially if one can live anywhere.