Was a microcosm of america, and now vegas is back. [ woman vocalizing ] 5. 5 Million People bought a home last year in america, and more than 2 million of them share one critical thing in common they have never done it before. So how do you take on something so huge if youve never done it before . Well, we decided to tag along as a firsttime homebuyer went shopping. This is gino. Hes a pilot looking for a threebedroom starter home near a major airport. Kathryn is his realtor. Shell be helping him every step of the way. Representing the seller is geoff. Kathryns already shown him two homes. Next up is a threebedroom, 1,900 squarefoot home in henderson, nevada. Gino, the home were gonna look at now is a home that was built in 2000. Its right around the Square Footage that you were looking for threebedroom, twostory home. I think youll really like the backyard, as well, so should we go take a look inside . All right, lets go. Great. Come on in. Thank you. The nice thing about this house,
Thanks for joining us. In a few minutes, were gonna take you inside two truly unbelievable homes. But first, i want to introduce you to a couple stuck in a property nightmare. Which one are you looking for, jacob . Let me tell you the story of mark and yessenia. Go like this. Theyre a typical young couple. Theyre trying to raise a family and provide for their children. Weve been married for seven years. Currently, im a firefighter with the city of henderson fire department. Yessenia is a stayathome mom right now with our three boys and running the household for us. We bought our first home in 2006. After we got married, we started our family and decided we needed to get into a bigger home. Throw it we were running out of room, and, at the time, the market wasnt the best for us to sell the house that we were in, so we decided to use it as a rental property. It was about three years of living into that house, and i lost my job. Once we realized my job alone wasnt gonna handle both the mo
Im coming to you from the worldfamous neon museum, right here in downtown las vegas. Its often said that vegas was a microcosm of the entire united states. And when it comes to the realestate market, nothing crashed harder or bounced back quicker. But rebuilding your dreams is not always easy. Now were going to 23 1 2year retired air force veteran grady. Thank you for your service and thank you for allowing us in your home today. Sure. And your wife, of course. Now, let me ask you, when did you buy the home that were sitting in right now . We moved in in early 2006. Boy, thats when vegas was booming with building, wasnt it . It was. It was the singlestory community that we wanted. At what point did you realize that you were gonna be faced with a problem as it relates to value and what was owed on the home . 2006, 2007 were okay all house payments made, everything made on both of the loans that we had. But then 2008 hit, and the bottom just fell out of the housing market. And so, this h
Thanks for joining us. In a few minutes, were gonna take you inside two truly unbelievable homes. But first, i want to introduce you to a couple stuck in a property nightmare. Which one are you looking for, jacob . Let me tell you the story of mark and yessenia. Go like this. Theyre a typical young couple. Theyre trying to raise a family and provide for their children. Weve been married for seven years. Currently, im a firefighter with the city of henderson fire department. Yessenia is a stayathome mom right now with our three boys and running the household for us. We bought our first home in 2006. After we got married, we started our family and decided we needed to get into a bigger home. Throw it we were running out of room, and, at the time, the market wasnt the best for us to sell the house that we were in, so we decided to use it as a rental property. It was about three years of living into that house, and i lost my job. Once we realized my job alone wasnt gonna handle both the mo
Thanks for joining us. In a few minutes, were gonna take you inside two truly unbelievable homes. But first, i want to introduce you to a couple stuck in a property nightmare. Which one are you looking for, jacob . Let me tell you the story of mark and yessenia. Go like this. Theyre a typical young couple. Theyre trying to raise a family and provide for their children. Weve been married for seven years. Currently, im a firefighter with the city of henderson fire department. Yessenia is a stayathome mom right now with our three boys and running the household for us. We bought our first home in 2006. After we got married, we started our family and decided we needed to get into a bigger home. Throw it we were running out of room, and, at the time, the market wasnt the best for us to sell the house that we were in, so we decided to use it as a rental property. It was about three years of living into that house, and i lost my job. Once we realized my job alone wasnt gonna handle both the mo