2021 $0 down, VA home loan limit for White Pine County is $548,250.
Just as much of Nevada conjures up differing opinions from outsiders, White Pine County was founded in controversy. Named after the beautiful hardwood trees found throughout the region, settlers debated between calling the county White Pine or Ruby. Those responsible opted for White Pine, favoring a name that suggested people rush to the area for mining purposes (as in “Rush to White Pine”), in search of silver ore. The heavy tree growth in White Pine originally thought to be white pine trees have since been discovered as limber pines, in fact there are no white pines in the entire county.
White Pine was established by the splitting of Lander County in 1869. Similar to most of the region and surrounding areas, the county became popular as a gold and silver mining area during the early 1800s.
A relatively large portion of the county is made up of water, allowing for agricultural opportunities not accessible to the majority of counties in Nevada. White Pine County is perhaps most famous for being the home of the Great Basin National Park. The parks popularity is largely rooted in its reputation among professional climbers as well as amateur hikers. Outdoor enthusiasts point to the plentiful trails and beautiful views when discussing the appeal of the Great Basin National Park.
The region extends to the Utah border and officially became a United States National Park and protected region in 1986.
Maximum VA Appraisal Fees Allowable In White Pine County:
- Single Family: $450
- Condominium: $450
- Manufactured Housing ( including modular): $450
- Duplex $500
- Triplex $600
- Fourplex $600
- Repair Certification $100
Housing and land opportunities in White Pine County vary drastically and must be approached based on the priority of the buyer. There are often commercial properties and empty land tracts that are for sale on a “build to suit” basis. The prices range based on the proposed use, such as farm land, ranching or new construction. Existing subdivisions cater to working families, many of whom are military personnel or civilian staff that commute to nearby bases. These new developments are priced slightly higher (around $200,000 for a typical three bedroom home), than homes situated in the outlying areas. Houses that are located outside the city limits typically date back four decades, but have many modern updates. The average price for these homes, which include more land but often less space within the home is about $90,000 for a two bedroom standard unit.
Veterans of White Pine County wishing to enhance their social lives, meet new people and entrench themselves in a new support system may find the VFW in Ely to be of value.
Veterans who reside within White Pine County are eligible for an annual property tax exemption of $2,320 of the assessed value. To qualify, the resident must have served in the armed service for a minimum of 90 continuous days. Veterans with service related disabilities may be entitled to an exemption ranging from $11,600 to $23,200. This is contingent on the severity of the disability.
Additionally, a surviving spouse exemption of $1,160 exists.
Find Your Dream Home
Contact VA Home Loan Centers to be matched with a licensed real estate agent.
Links
- Nevada VA Loan Information: https://www.vahomeloancenters.org/nevada-military-mortgage-home-loan-limit-info/
- VA Loan Information by State: https://www.vahomeloancenters.org/va-loan-limit-maximum-va-loan-amount/
