~ SHORT SALE in Las Vegas, Short Sale in Nevada, Las Vegas Short Sales, Bank of America ~
Eligibility
You may be eligible to sell your home in a short sale, if:
you have a hardship, such as a job loss, divorce or medical emergency
you owe more than your house is worth
you’re unable to afford your current monthly mortgage payment
you’re unable to modify your current home loan
How will a short sale affect my credit?
A short sale generally takes less time to complete than a foreclosure, so your reported delinquency could be shorter than it would with a foreclosure. As a result, your credit will likely improve faster than it would if your house goes to foreclosure.
While we work with you to complete a short sale, we will continue to report the status of your account to the major credit reporting agencies. If a short sale is completed on your property, we will report that your loan was “paid in full for less than the full balance.”
You should only consider a short sale after you’ve explored all other options, including modifying your loan. Please visit our Loan Assistance Solutions page for a complete list of options you may want to consider.
Will I get any money back from the sale of my home?
Because a short sale would allow you to sell your home for less than the loan, you would not receive any money back at the time of the closing.
CALL RIGHT NOW 702.482.7739 – OUR AGENTS ARE STANDING BY
Watch Videos on Short Sale Information –
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Las Vegas Short Sale Agent and Information
- FHA Short Sale
- FREE Short Sale Kit
- Save it or Walk Away?
- Short Sale Definitions
- Short Sale vs. Foreclosure
- Short Sale Questions
- The Hardship Package
- The Short Sale Process
- The Short Sale Team
- What’s MY home Worth?
- When to Sell
Search the MLS like a Realtor Contact The Ballen GroupMeet the Las Vegas Real Estate Team Become a Market Insider – The Las Vegas Real Estate MarketFinancing OptionsHow much is MY home worth? Find More homes for Sale in Las Vegas Be the FIRST to see when a new listing hits the Market Careers at The Ballen Group and Keller Williams
- Location: *BANK OF AMERICA SHORT SALES AND MORE*
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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.
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Facing Las Vegas Foreclosure? Las Vegas Short Sale Specialists Can Help
HELPING HOMEOWNERS *HARDSHIP * HEALING * HAPPINESS
Las Vegas Short Sale Specialists – We can help
•· Do you owe more than your home is worth?
•·Have you received a notice of default in the mail?
•·Do you want, need, or are being forced to move?
•·Did you buy an investment property that you need to unload?
•·Are you in a divorce situation?
•·Recently unemployed?
•·Have you fallen on medical hardship?
If you answered yes to any of these questions above, you may want to consider a short sale in Las Vegas! Do you need to sell your home, but owe more than it’s worth? You are not alone. Many people are stuck in unaffordable loans, or simply need to move. Our qualified team of Las Vegas Short Sale Specialists (and Henderson too!) can help short sell your home. We handle all bank negotiations so you can move on with your life. Call 702.482.7739 Now. We Can Help. Don’t wait until it’s too late. Act Now. Henderson Short Sales and North Las Vegas Short Sales are in our area too!
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.
Need to sell – but owe more than your property is worth? We can help! With one of the highest success rates in closing Nevada Short Sales, the Coldwell Banker Wardley Brokerage is on your side.
► ► FREE SHORT SALE KIT★ DON’T BLINK – YOU’LL MISS IT★
Visit http://www.ShortSaleInNevada.com or Call 702-482-7739 to sell your property today.
Keller Williams Realty Las Vegas
Las Vegas Short Sale Specialists
3100 S. Durango #106
Las Vegas, NV 89117
(702) 604-7739
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FREE SHORT SALE KIT HERE – http://www.shortsaleinnevada.com 702-482-7739 – Las Vegas Real Estate Agent Team specializing in Las Vegas Short Sales with Keller Williams Realty Las Vegas
FREE SHORT SALE KIT HERE – http://www.shortsaleinnevada.com 702-482-7739 – Las Vegas Real Estate Agent Team specializing in Las Vegas Short Sales with Keller Williams Realty Las Vegas
OK – So let’s talk short sales for a minute. Everyone is “CLAIMING” to be a Las Vegas Short Sale Specialist right? What makes them so special?
Don’t be fooled by so called “certifications” agents are now using to somehow prove that they are better at short sales in Nevada than others. Simply NOT the case. Most of these “certified” titles are given out by title companies that spin out a 90 minute class which is made up of the very basics and a lot of “Sales Pitches” from the Title Company, Attorneys, or Processors involved.
Here’s another tip – coming from someone experienced in short sales in Nevada – THIS IS JUST AN OPINION, but what are blogs for? We suggest that you Don’t choose an agent WHO WORKS ALONE!!!! Why? To stay in the real estate business, if one is primarily working short sales (…and how could they do anything else really?), they must handle volume. It is a proven statistic that at best one out of three short sales actually close. This means the agent has to spend the up front funds on marketing (if they are doing the job as they would on any other traditional sale (and why should a short sale be any different?), lock boxes, signs, files, faxes, software used for short sales, office required transactional software etc., and imagine the money spent in the form of time!
Each short sale generally brings in a multitude of buyers that cause a mountain of paperwork in the form of counters and addendums (if being done correctly in order to protect the HOMEOWNER doing the short sale).
So if it takes 3 short sales to close one which = 6 buyers on each one that = 18 Contract STACKS to close one short sale. And honestly – that is being conservative!!
How can 1 agent handle enough short sales to close a couple a month (the min. to stay in the short sale business), control all of that paperwork (with the sellers best interest at hand), do all paperwork, internet, and phone communications with the bank, handle titles and escrows (to protect their seller), negotiate with buyers agents, communication with the seller, watch for Notice of Sale and Foreclosure Filings on the property, and do a good job?
No business properly run is a one man operation. If you are considering a short sale in Nevada, consider it carefully. Get legal advice (good short sale teams have these on call), and choose a Professional team of Realtors that can handle your short sale in addition to the short sales they are already handling. You are not going to be their only client, but you should feel like you are.
…..and by the way – skip the “I closed 98% of my short sales” language. Short sales have not been around long enough for people to truly know their stats as many are still carrying the same short sales from 2 years ago! – How many were foreclosed? How many changed their minds or were rentals? How many actually closed as a short sale? Get their proven stats in writing (they can get this easily from their local MLS) – You might be surprised!
– http://www.ShortSaleinNevada.com
The Ballen Group
Las Vegas Short Sale Specialists
3100 S. Durango #106
Las Vegas, NV 89117
(702) 604-7739
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