Spanish Palms hosts free Veterans Administration homebuying seminar

Spanish Palms, a gated resort-style condominium community at 5220 S. Rainbow and Hacienda boulevards, hosts a Veterans Affairs mortgage-financing seminar for homebuyers from 5-7 p.m. on Aug. 18. The event is free and open to the public.

Dino Schulatz, vice president mortgage banker, and other Veterans Affairs home-loan specialists from The Federal Savings Bank will be available to meet with attendees to discuss Veterans home loan programs, which cater to active and retired military personnel.

VA home mortgage financing programs are especially appealing to those who qualify because they require as little as nothing down to buy a home.

“With homes starting at $138,900, Spanish Palms offers unparalleled value, especially for our servicemen and women who are seeking more than a house but (rather) an entire lifestyle that fits their needs and budget,” said Stephanie Reese, director of sales for Spanish Palms.

“Over 14 of our homeowners at Spanish Palms have used VA financing and paid as little as nothing down, making the dream of home ownership a reality.

The programs include counseling and assistance from sales and financing professionals who help buyers through every step of the process.”

Homes at Spanish Palms includes three floor plans from 744 to more than 1,131 square feet. The one-, two- and three-bedroom residences feature private balconies and patios, kitchens with granite countertops, large walk-in closets and attached private one- and two-car garages with storage space, an exceptional feature that is not typical with condominium living. Gas-burning fireplaces are available in select residences.

The guard-gated community boasts a round-the-clock attendant; two resort-style pools — one with a heated spa, the other with a cascading waterfall; poolside grills; a clubhouse with a full kitchen and dining area; fitness studio; business center; pet park; putting green with a picnic and playground area; and easy access to the 215 Beltway, Interstate 15, McCarran International Airport and the Strip.

A strategic approach to refreshing the community and expanding financing options, coupled with the company’s central location, made Spanish Palms one of the fastest-selling properties in Las Vegas, according to Uri Vaknin, a partner at KRE Capital LLC, whose company, in partnership with Dune Real Estate Partners, purchased Spanish Palms in 2013 as DK Las Vegas. Since April 2015, more than 130 residences have been sold, bringing the community to more than 80 percent sold. Fewer than 58 residences remain.

To register for the seminar, contact Schulatz at 312-667-1958 or dschulatz@thefederalsavingsbank.com. For more information, visit the sales center, which is open 10 a.m. to 6 p.m. Monday – Friday, 10 a.m. to 5 p.m. Saturday and 12-5 p.m. Sunday, at 5250 S. Rainbow Blvd., #1055; call 702-719-6100; or visit SpanishPalmsLV.com.