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Posts Tagged ‘short sale agent’

—–>>> YOU NEED AN EXPERT WHEN IT COMES TO LAS VEGAS REAL ESTATE (BUY OR SELL WITH US)

 702-604-7739 –http://www.BallenGroupHomes.com – Homes for Sale in Las Vegas by The Ballen Group of Keller Williams Realty Las Vegas
Why You Need anhttp://www.BallenGroupHomes.com/search/
Expert – Part II
Posted: 22 Nov 2011 04:00 AM PST
Yesterday,
we explained that having someone who truly knows the market was crucial
if you were planning to buy or sell a home today. This expert should know
what is happening in real estate, understand why it is happening and be able
to simply and effectively explain each point to you and your family.
 Today, we want to discuss the consequences if you don’t have a true
industry professional on your side.
When families enter into a
contract to buy or sell a house, two things are true:
1.       The buyer wants to own
the home.
2.       The seller wants to
sell the home.
In order for both these things to
take place, the transaction must be completed. That is not an easy task in
the current market.  The National Association of Realtors (NAR) released
their Existing Homes
Sales Report
yesterday. In the report, NAR announced that one out of every three contracts to
purchase a home in October never made it to a closing table
.
 How does that ratio stack up against previous numbers? Here is a graph
showing previous rates of cancellations:
Cancellations have more than quadrupled in the last
14 months!
 According to NAR, cancellations are caused
by:
“… declined mortgage
applications, failures in loan underwriting from appraised values coming in
below the negotiated price, or other problems including home inspections and
employment losses.”

Bottom Line

No one can guarantee you won’t
face challenges. However, the best agents and mortgage professionals know how
to manage the expectations of all the parties involved thus dramatically
increasing the chances your deal will close and you and your family will be
able to move on with your lives. Hire that true professional!!

Avoid Foreclosure, Underwater? Need to know your Home’s Value, Las Vegas Real Estate Team specializing in Short Sales can help

Short Sale Questions Answered by Las Vegas Short Sale Specialist in Nevada – 702-482-7739http://www.ShortSaleinNevada.com – TO BUY A SHORT SALE – Log on to http://www.theballengroup.com/Buying_a_Short_Sale/page_2401586.html

FREQUENTLY Asked Questions on Las Vegas Short Sales and Pending foreclosure in Nevada
1.) Do I Qualify for a short sale in Nevada? If you owe more than your home would sell for – you qualify.

2.) I have enough money to pay the difference – Should I do a short sale? We suggest you contact your attorney or legal professional,
but you may want to consider paying off the difference to save your
credit or look into a loan modification. FYI – We have had people
approved even though they had the money in the bank.

3.) I have
been hearing a lot about loan modifications. Should I try one? Sure. If
you think you might qualify – why not? Word to the wise – USE YOUR
LENDER. It’s free. If your lender can’t do it – it can’t be done by some
guy who claims to be a “specialist in loan modifications” and charges
you $500 or more. The law actually states that NOBODY can charge up
front for Loan Modification services. If they try to charge you up front
– they are breaking the law. Is that who you would want trying to save
your home? If you feel you qualify for a loan modification or refinance,
we can point you to a licensed mortgage company. If you can’t qualify,
we can help you with the Nevada short sale process.

4.) Who pays the Las Vegas Short Sale Agent for their services? Good News! The bank pays us all commissions plus items the buyer may ask for such as closing costs.

5.) What is a hardship package and why do I need it? The Nevada Short Sale
hardship letter is to state your situation. The bank wants to
understand why you can’t make your payments and keep your home. A
hardship could be medical (physical or mental illness). It could be
divorce, death, relocation, loss or change of employment, addictions
causing money loss, taking care of sick parents, large amounts of child
support and so on. We can’t tell you what your hardship is, but these
are some we have seen approved. The rest of the package is simply a
combination of pay stubs, bank account statements, profit & loss
sheet, and tax returns. Some of these items are never requested from the
bank. It all depends on the bank.

6.) Can I short sale my home in Nevada and buy something more affordable? Maybe. There is talk that this may be some day be called mortgage fraud.

7.) How will the Las Vegas short sale
affect my credit. To find out an exact score hit and how your credit
will be affected, you will need to get professional advice from an
accountant and/or credit professional. It will affect your credit, we
are not licensed or trained in the credit department to tell you
specifics.

8.) How is a short sale better than a Las Vegas Foreclosure?
Again, a credit professional, accountant or legal professional can
better advise you, but we are told that with a short sale, you can buy a
home years before you could if you had a foreclosure on your record.

9.)Can the lender come after me? They
can if they choose. It depends on how their final approval letter is
written. You still have the choice to accept or deny their terms and opt
for the foreclosure or deed in leiu of foreclosure should you decide.
We have not seen collections personally, but we understand that the debt
can be sold to a collector if it is not written as settled. This can be
negotiated in the final stages of the short sale once a negotiator has
been assigned to your case.
 

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 

TO SELL – 702-482-7739

Categories: Short Sale Information Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

~ Meet the TEAM, Tom Wirt of The Ballen Group, Las Vegas Real Estate Agent Team ~

702-604-7739 – http://www.theballengroup.com – Las Vegas Real Estate Agent – Keller Williams Realty
 Tom Wirt, Keller Williams Realty
Office: 702-439-2744

 

Experienced in Listing and Closing Las Vegas Short Sales, North Las Vegas Short Sales, and Henderson Short Sales in Nevada. Working in Real Estate for nearly a decade, including his birth place of Southern California, Tom Wirt brings years of experience in the field. In the beginning of his career, Tom Started working on the financing side with a major lender and then a small mortgage broker which is now a benefit to his specialty of short sales.  Mr. Wirt’s real estate career has been well rounded and has gained him experience in all areas of the residential market.  He has worked with buyers, sellers, investors (selling to and rehabbing for resale) and lenders. 


Tom’s main focus has been helping people with short selling their homes and negotiating with their lender.  His extensive experience in the industry allows him to assist others in making their experience as flawless and easy as possible.  “Tom brings a wealth of knowledge on short sales, and the financial world behind the scenes of short sales.” Says Ballen. “We feel Tom is a team player, and self-motivated, and will be a great addition to our short sale listing team as well as working with residential buyers.

 


~ Buy Now and Buy Low. Las Vegas Real Estate Agent can help. The Ballen Group ~

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The Ballen Group Suggests you –


Buy NOW and Buy LOW!

  • Home prices are back to where they were a decade ago.
  • Mortgage interest rates are rock bottom.
  • Housing affordability hasn’t been this good in a generation.

If you or anyone you know is interested in buying a home and seizing opportunities that can’t be beat, The Ballen Group of Keller Williams Realty Las Vegas can help!


Las Vegas Short Sales, Bank Foreclosures, Traditional Sales, Hud Homes and Even New construction in Nevada. We do them!!

The Ballen Group
http://www.BallenGroupHomes.com
Las Vegas Real Estate Agent Team
702-604-7739 (Office)

Keller Williams Realty
3100 S Durango Drive, Suite 106
Las Vegas, NV 89117

Each Office is Independently Owned and Operated

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3100 S Durango Drive, Suite 106 Las Vegas, NV , 89117

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Las Vegas Homes, Homes for Sale in Las Vegas, Short Sale in Las Vegas, Foreclosures in Las Vegas, New Homes in Las Vegas, Henderson Homes for Sale, Homes for Sale in North Las Vegas, Green Valley Homes, Summerlin Homes for Sale, Lake Las Vegas, Desert Shores, Southern Highlands, Mountains Edge, Peccole Ranch, The Lakes

~ Home for Sale in 89131 for Less than $200,000, 3 BR, 1 Story ~

 

Homes for Sale in Las Vegas – http://www.ballengrouphomes.com – Las Vegas Real Estate with Keller Williams Realty Las Vegas 604-7739

Home for Sale in 89131 for Less than $200,000, 3 BR, 1930 s/f, 3 Car Garage


Each Office
Independently Owned and Operated
The Ballen Group – Licensee Richard Ballen Wekerle and Lori Wekerle
– If currently working with a REALTOR® this is not intended as a solicitation

Zip Codes Served: 89101,89102,89103,89104,89106,89107,89108,89109,89110,89111,89112,89113,89114,89115,89116,89117,89118,89119,89120,89121,

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Las Vegas Real Estate Agent – Homes for sale in Nevada – Short Sale Listings – Las Vegas Short Sales

 

~ Selling a Home in Las Vegas, Las Vegas Real Estate Agent, Keller Williams, Find out what it’s worth ~

 

Las Vegas Real Estate Listing Updates from

The Ballen Group – Homes for Sale



Below you will find some listings that you may be interested in. If you like anything you see, don’t hesitate to call with your questions.

The Ballen Group

Keller Williams Realty Las Vegas

Office phone: 7026047739

Website: http://www.TheBallenGroup.com

 

 

 

~ Short Sale Las Vegas, Short Sale Nevada, Short Sale Agent, Short Sale Specialist, ~

Short Sale Information from Las Vegas Short Sale Specialist in Nevada – 702-482-7739 – http://www.ShortSaleinNevada.com


FREQUENTLY Asked Questions on Las Vegas Short Sales and Pending foreclosure in Nevada

Take Action Any time by calling 702-482-7739 and requesting a las vegas short sale kit to start the process. Our informational sellers handbook is a clear guide to what the short sale process is and how it is handled by Lori (Ballen) Wekerle’s Team of Las Vegas Short Sale Specialists. Act Now – We Can Help!!

1.) Do I Qualify for a short sale? If you owe more than your home would sell for – you qualify.

2.) I have enough money to pay the difference – Should I do a short sale? We suggest you contact your attorney or legal professional, but you may want to consider paying off the difference to save your credit or look into a loan modification. FYI – We have had people approved even though they had the money in the bank.

3.) I have been hearing a lot about loan modifications. Should I try one? Sure. If you think you might qualify – why not? Word to the wise – USE YOUR LENDER. It’s free. If your lender can’t do it – it can’t be done by some guy who claims to be a “specialist in loan modifications” and charges you $500 or more. The law actually states that NOBODY can charge up front for Loan Modification services. If they try to charge you up front – they are breaking the law. Is that who you would want trying to save your home? If you feel you qualify for a loan modification or refinance, we can point you to a licensed mortgage company. If you can’t qualify, Richard Ballen, The Wizard of Real Estate, can help you with the short sale.

4.) Who pays the Realtor for their services? Good News! The bank pays us all commissions plus items the buyer may ask for such as closing costs.

5.) What is a hardship package and why do I need it? The Short Sale hardship letter is to state your situation. The bank wants to understand why you can’t make your payments and keep your home. A hardship could be medical (physical or mental illness). It could be divorce, death, relocation, loss or change of employment, addictions causing money loss, taking care of sick parents, large amounts of child support and so on. We can’t tell you what your hardship is, but these are some we have seen approved. The rest of the package is simply a combination of pay stubs, bank account statements, profit & loss sheet, and tax returns. Some of these items are never requested from the bank. It all depends on the bank.

6.) Can I short sale my home and buy something more affordable? Maybe. There is talk that this may be some day be called mortgage fraud.

7.) How will the short sale affect my credit. To find out an exact score hit and how your credit will be affected, you will need to get professional advice from an accountant and/or credit professional. It will affect your credit, we are not licensed or trained in the credit department to tell you specifics.

8.) How is a short sale better than a Las Vegas Foreclosure? – Again, a credit professional, accountant or legal professional can better advise you, but we are told that with a short sale, you can buy a home years before you could if you had a foreclosure on your record.

9.)Can the lender come after me? They can if they choose. It depends on how their final approval letter is written. You still have the choice to accept or deny their terms and opt for the foreclosure or deed in leiu of foreclosure should you decide. We have not seen collections personally, but we understand that the debt can be sold to a collector if it is not written as settled. This can be negotiated in the final stages of the short sale once a negotior has been assigned to your case.

ACT NOW and LET US HELP YOU!


702.482.7739 – http://www.ShortsaleinNevada.com – When Ready to sell your Las Vegas Home – if you owe more than the mortgage, we can help. Call us to discuss  short sale options. Las Vegas Short Sale Specialists with Keller Williams Realty Las Vegas. If you are looking to buy, feel free to use our Online Nevada MLS search and Property Finder at http://www.ForSaleByBallen.com – It’s FREE and Online NOW.

 

The Ballen Group – Las Vegas Short Sale Specialists

North Las Vegas Short Sales, Henderson Short Sales

3100 S. Durango #106 Las Vegas, NV 89117
(702) 604-7739

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