Buying a first home: Las Vegas

[RikaKazak]

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I think you should hold off buying for a few more years. I have a feeling vegas RE hasnt gone down nearly as far as it will.

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FYP

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I agree

The wife and I decided to buy a condo in Vegas as our "vacation home" however after researching the market I've decided that it'd be foolish to buy in this market and will "reevaluate" in 6 months (basically we will be buying one eventually just not until I think the market is "recovered/ok").

It's ultimately up to you though, so with that said.... with your credit score, and % you're putting down, if you do choose to buy a home in Vegas you will not have a problem getting a loan. And there will be no need for your parents to cosign. However if they do cosign (I'm assuming good credit scores and good job history etc. etc.) you'll get better rates, but it's not necessary at all.

hope that helps