Home > Short Sale Information > as vegas short sale,las vegas shortsale,las vegas short sale agent,las vegas short sale agent in nevada,las vegas short sale agents,nevada

as vegas short sale,las vegas shortsale,las vegas short sale agent,las vegas short sale agent in nevada,las vegas short sale agents,nevada

702-482-7739 – http://www.ShortsaleinNevada.com – Las Vegas Short Sale Specialists explain the “Approved” Short Sale in Nevada – The Ballen Group – Keller Williams Realty Las Vegas

What is a Las Vegas Short Sale?

A Las Vegas Short Sale occurs anytime the value of the property is less than the amount owed to the lender and the lender agrees to write off the difference. In other words, the homeowner is “upside down” on his loan. Short sales may be forced by a variety of situations: job loss, loss of income, divorce, medical bills, or changing payments on adjustable rate mortgages (ARMs).

Why would a lender agree to a Las Vegas short sale? Lenders make their own business judgments when accepting or rejecting short sales. Lenders are in the business of making and servicing loans, not taking properties back through foreclosure and reselling them. They want to avoid spending time and money to foreclose, evict borrowers, and resell properties. They want to avoid paying property taxes, insurance, maintenance and repairs. They want to avoid risking theft and vandalism to the property. Before the mortgage lenders will consider a short sale, they need to know financial information about the seller and why the seller cannot pay the loan. The seller will need to submit information to the lender to assist the lender in deciding whether to accept a short sale.

Approved???? What does it mean when a Short Sale is Approved

  • May simply be “Approved” for the sellers hardship – not buyer, financing, or price
  • May simply be “Approved” for particular buyer’s financing and offer price
  • May be pre-approved at a certain price (this is not always where the agent LISTS the home)
  • May have been approved months prior at a certain price and now circumstances have changed
  • May be “Approved” by the bank, but Seller still needs to agree to bank terms
  • WATCH THE VIDEO ON “APPROVED” SHORT SALES HERE

So you WANT to buy a Short Sale in Nevada?


 

 

Call 702-604-7739 for Short Sales in Nevada


Las Vegas Short Sales, The Ballen Group, Las Vegas Short Sale Specialist Team, Keller Williams Realty Las Vegas

  • Las Vegas Short Sales
  • North Las Vegas Short Sales
  • Nevada Short Sales
  • Henderson Short Sales
  • On Call Legal Counsel
  • Award Winning Las Vegas Short Sale Specialist Team
  • The Ballen Group Short Sale Nevada
  • Professional Las Vegas Short Sale Agents

 

 

Get More Information on Las Vegas Short Sales


 

Contact The Ballen Grouptoday to get help from an agent that specializes in your area.

 

 

 

The Ballen Group
Las Vegas Short Sale Specialists
3100 S. Durango #106
Las Vegas, NV 89117
(702) 604-7739

EmailWebBlogFeatured

Las Vegas Short Sale Specialists
View Listings View Blog

 

 

Las Vegas Short Sale Approval, What is a Short Sale?, Las Vegas Real Estate Agent, Nevada Short Sale Specialist, Distressed Property

las vegas short sale,las vegas shortsale,las vegas short sale agent,las vegas short sale agent in nevada,las vegas short sale agents,nevada

Advertisements
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: