Frequently Asked Questions

To get started with buying a home in Nevada, make an appointment with Jaime Sanchez, one of the top real estate agents specializing in state programs for buyers and sellers. Jaime will guide you through every step of the process, helping you understand how to buy, when to buy, and how much it will cost. You will also receive detailed information about your monthly payments. With Jaime by your side, you can be confident in making informed decisions and successfully navigating the home buying journey. We are with you every step of the way.

Closing costs can vary depending on the property's price and location. On average, they can range from 2% to 5% of the property's purchase price.

The Nevada State Down Payment Assistance Program is designed to make homeownership more accessible to residents by providing significant financial benefits. Key advantages of the program include:

- **Low Down Payment:** Minimizes the initial out-of-pocket expense for buyers.

- **No Mortgage Insurance:** Eliminates the need for additional monthly insurance payments.

- **Lowest Monthly Fixed Mortgage:** Offers stable and affordable monthly payments.

- **No Lender Fees:** Removes additional costs typically charged by lenders.

- **No Appraisal Cost to the Buyer:** Covers the expense of property appraisal, reducing upfront costs.

- **Non-Repayable Grant:** Provides a grant that can be used towards the down payment or closing costs, which does not need to be repaid.

Overall, this program is tailored to ease the financial burden of purchasing a home, making the dream of homeownership more attainable for Nevada residents.