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For most people, finding the right home in Reno, Nevada is just the first step. Finding the right financing to buy a home is essential to make the home purchase occur! A home buyer has a choice of local mortgage lenders and national lenders advertising on the Web. Many home buyers find that using local Reno, Nevada lenders (with rates very comparable to online mortgage brokers) help ease some of the stress of moving. Home buyers have more personal service, and the mortgage companies have a better relationship with appraisers and other real estate professionals. Ask about adjustable rate loans if you are guaranteed to be relocated out of Reno within the next 5 years. I had a friend who found a 40 year adjustable with 5 year fixed rate. He knew that he had guaranteed relocation buy-out at the end of his assignment so he wasn’t worried about building equity. He ended up paying less than half in a mortgage payment than he would have paid in rent! Short on cash? There are many mortgage lenders in Reno that now offer 100% financing – no down payment certainly helps keep moving expenses down!

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Reno is the county seat of Washoe County, Nevada, United States. As of the 2000 census, the city population was 180,480, making it the second largest city in Nevada, after Las Vegas. Current estimates place the population of the city proper at 207,000, which would make Reno the third most populous city, after Henderson. Reno lies 26 miles (42 km) north of the Nevada state capital, Carson City, and 22 miles (35 km) northeast of Lake Tahoe in the high desert. Reno shares its eastern border with the city of Sparks. Reno, known as The Biggest Little City in the World, is famous for its casinos, and is the birthplace of the gaming corporation Harrah's Entertainment. Reno is the corporate headquarters for International Game Technology, which manufactures most of the world's slot machines. -- Source: Wikipedia.com





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Census Data for Reno, Nevada

Reno Nevada United States
Population 180,480 1,998,257 281,421,906
Median age 34.5 35 35.3
Median age for Male 33.9 34.5 34
Median age for Female 35.1 35.6 36.5
Households 73,904 751,165 105,480,101
Household population 175,984 1,964,582 273,643,273
Average household size 2.38 2.62 2.59
Families 41,647 498,333 71,787,347
Average family size 3.06 3.14 3.14
Housing units 79,453 827,457 115,904,641
Occupied units 73,904 751,165 105,480,101
Vacant units 5,549 76,292 10,424,540

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