Dream Home Within Reach: How Sarah and Miguel Could Make 311 Lilian Faith Ave Their Forever Home

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NORTH LAS VEGAS, NV – June 4, 2025 – Sarah Martinez and Miguel Rodriguez have been renting a cramped apartment for $2,200 monthly, watching their landlord build equity with their hard-earned money. Like many young couples, they assumed homeownership was out of reach. Then they discovered 311 Lilian Faith Ave – a stunning two-story home priced at $439,990 that could become theirs with government-backed financing programs designed specifically for buyers like them.

The Property: A Perfect Match

This 1,594-square-foot home represents exactly what Sarah and Miguel have been dreaming of. Built in 2021, the modern two-story residence features everything they've wished for in their apartment search:

Main Level Perfection:

• Stone flooring throughout spacious great room – perfect for their weekend gatherings

• Gourmet kitchen with granite countertops where Sarah can finally pursue her passion for cooking

• Tile backsplash and stainless-steel appliances that match their modern style

• Distinctive sink with matte black faucet adding contemporary flair

Second Floor Sanctuary:

• Elegant owner's suite with deluxe bath and generous walk-in closet

• Two additional bedrooms – one for Miguel's home office, another for future family growth

• Conveniently located laundry room (no more laundromat trips!)

• Versatile loft space perfect for Sarah's art studio

Modern Conveniences:

• Home theater prewiring for Miguel's gaming setup

• 2-car attached garage protecting vehicles from Nevada weather

• Generous 6,534-square-foot lot for their dog and future landscaping projects

The FHA Solution: Making Dreams Affordable

"When Sarah and Miguel first contacted me, they thought they needed $87,998 for a down payment," explains Lisa Lavelle, their real estate agent. "I showed them how FHA loans could make this home theirs with just $15,400 down."

Here's How FHA Works for This Property:

Purchase Price: $439,990FHA Down Payment (3.5%): $15,400Estimated Monthly Payment: $2,625 (including taxes, insurance, and mortgage insurance)Monthly Rent Savings: Only $425 more than their current $2,200 rent

FHA Requirements Sarah and Miguel Can Meet:

• Credit score of 580+ (both have 650+)

• Steady employment (Sarah teaches, Miguel works for the city)

• Debt-to-income ratio under 43% (theirs is 38%)

• Property as primary residence ✓

"The math is simple," notes Miguel. "We're already spending $2,200 monthly with nothing to show for it. For just $450 more, we'd be building equity every month."

VA Option: Even Better for Veterans

If Miguel were a veteran (which he's considering becoming by joining the National Guard), VA loans would offer even better terms:

VA Loan Benefits:

• Zero down payment required

• No private mortgage insurance (saves $181/month)

• Lower monthly payment around $2,444

• Competitive interest rates

• No prepayment penalties

"I recently helped veteran James Thompson purchase a similar home with absolutely nothing down," shares Lisa. "VA loans are incredibly powerful tools for our service members."

The Application Process: Simpler Than They Thought

Step 1: Pre-Qualification (1-2 days)

• Contact Lisa Lavelle for lender referrals

• Submit basic financial information online

• Receive pre-qualification letter

Step 2: Documentation (1 week)

• Gather 2 years tax returns

• Provide recent pay stubs

• Bank statements for 2 months

• Employment verification letter

Step 3: Home Shopping (2-4 weeks)

• Tour 311 Lilian Faith Ave and comparable properties

• Make competitive offer with pre-approval strength

Step 4: Under Contract (30-45 days)

• Professional home inspection

• FHA/VA appraisal process

• Final loan approval and closing

"The process seems overwhelming, but I guide buyers through every step," explains Lisa. "Most first-time buyers are surprised how straightforward it actually is."

Building Wealth: The Long-Term Vision

Immediate Benefits:

• Equity Building: Approximately $180 monthly goes toward principal

• Tax Deductions: Mortgage interest and property tax deductions

• Stability: Fixed housing costs, no rent increases

• Pride: Customize and improve their own space

5-Year Projection:

• Principal Payments: $12,000+ in equity from payments alone

• Appreciation: Estimated $35,000-50,000 based on North Las Vegas trends

• Total Equity: $50,000-65,000 available for next home purchase

• Rental Potential: Property could generate $2,800+ monthly if kept as investment

"This isn't just buying a house," emphasizes Lisa. "It's Sarah and Miguel's first step toward building generational wealth."

Why This Property, Why Now

Market Advantages:

• 2021 Construction: Move-in ready with modern systems

• Desirable Features: Granite, stainless appliances, stone flooring

• Lot Size: 6,534 sq ft provides expansion potential

• Location: North Las Vegas growth corridor

• Price Point: $439,990 hits sweet spot for first-time buyers

Timing Benefits:

• Interest rates remain accessible for qualified buyers

• North Las Vegas appreciation trends remain strong

• Property taxes locked at purchase assessment

• No bidding wars in current market conditions

Your Path to Homeownership Starts Here

Whether you're like Sarah and Miguel – first-time buyers ready to stop paying rent – or you're a veteran seeking to use your earned benefits, 311 Lilian Faith Ave represents an exceptional opportunity.

Ready to Take the Next Step?

Contact Lisa Lavelle today to:

• Get pre-qualified for FHA or VA financing

• Schedule a private showing of 311 Lilian Faith Ave

• Discuss your specific situation and loan options

• Begin your journey from renter to homeowner

Lisa LavelleRustic Elegance - Nevada LivingLicense #S.0174494Specializing in First-Time Buyer ProgramsServing Las Vegas, Henderson, North Las Vegas and surrounding communities

"Every month families wait is another month of rent payments that build someone else's wealth instead of their own," concludes Lisa. "Sarah and Miguel's story could be your story – it just takes that first phone call to get started."

Additional Financing Options Available

Conventional Loans: 3-5% down options for buyers with higher credit scoresUSDA Rural Development: Zero down for qualifying suburban areas

Nevada Housing Division: First-time buyer assistance programs

Down Payment Assistance: Local programs may be available

Property Investment Opportunity:

• List Price: $439,990

• FHA Down Payment: $15,400 (3.5%)

• VA Down Payment: $0 (eligible veterans)

• Estimated Monthly Payment: $2,625 (FHA) / $2,444 (VA)

• Square Footage: 1,600

• Lot Size: 6,534 sq ft

• Year Built: 2021

Financing examples based on current market rates and typical qualification scenarios. Individual results may vary based on credit, income, and other factors. All buyers should consult with qualified lenders and real estate professionals.

Media Contact:Lisa LavelleRustic Elegance - Nevada LivingTurning Renters Into Homeowners Daily