Summerlin Homes Specialists and Las Vegas Real Estate Values in Nevada
The Ballen Group of Keller Williams Las Vegas
The Ballen Group .
Summerlin Home Specialists

Las Vegas and Summerlin Homes Specialists in Las Vegas, Nevada


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Just Closed CHASE Short Sale in Nevada


 

The Ballen Group has JUST CLOSED A Summerlin Short Sale in Nevada with CHASE


The Ballen Group, Las Vegas Short sale Agents who use a comprehensive Las Vegas Short Sale System, closed another Las Vegas Short Sale saving the Nevada Homeowner from Foreclosure.

The Ballen Group, A Las Vegas Short Sale Specialist Team, known for their Las Vegas Real Estate experience in Short Sales, has just closed another Short Sale in Nevada. Using their comprehensive Short Sale System, The Ballen Group is able to handle a large volume of short sales and accomplish the goal at hand, to close the short sale.

The property, located on HILLTOP VIEW in THE VISTAS, a Summerlin Village in  Las Vegas Nevada was listed with THE BALLEN GROUP of Keller Williams Realty Las Vegas. 

 


The process was not easy, but with strong negotiating skills, a bit of magical problem solving, and a comprehensive marketing process, Ballen achieved the difficult approval to close the home. The HILLTOP VIEW home took a total of 106 days from contract to approval and 41 days close. Although the banks are working on their timelines and speeding up the short sale process, The Ballen Group says this is a common length of time for the short sale to complete. This was a Chase FHA short sale in Nevada and based on FHA guidelines, no deficiency will be pursued. The Original List price was $200,000 and closed at $177,000 with the bank paying $5,100 in closing costs to a FHA buyer.

"There are no promises or guarantees in a Las Vegas short sale whether the lender(s) will approve the short sale or forgive the debt, but Short Sales offer an alternative to the damaging effects of a Nevada foreclosure.",says Richard Ballen, Listing Specialist with The Ballen Group. "A short sale is a complicated process for all parties involved. There are so many details involved (more than what the average homeowner is aware of). Make sure to consult a Las Vegas Short Sale Specialist with a proven history of success with short sales like The Ballen Group".

 

Ballen uses a comprehensive Las Vegas Short sale system for sellers also known as The Ballen Method (www.TheBallenMethod.com). Homeowners who are facing Las Vegas foreclosure can request that The Ballen Group, consult with them about their needs. In addition, The Ballen Group has created a custom hardship package allowing the homeowner to complete the documents required by the bank to ease the process. 

 

“It takes more than an agent to properly work short sales. It takes a Team”, says Lori Ballen, Leader of The Ballen Group. “We have surrounded ourselves with talent from our administrative staff and Listing Managers to our processors and escrow. We want a lot of eyes on the transaction so it keeps moving down the timeline. Our short sale team is skilled, experienced, determined, and driven. They get the deal done”
SHORT SALES are an alternative to a foreclosure. When the borrower can no longer make the mortgage payments as agreed, he is faced with many decisions. One is to allow the lender to foreclose. Another is to get the lender to agree to accept a payoff of less than the balance owing on the loan. To understand short sales, one must first understand foreclosures.

CALL 702-482-7739 FOR SHORT SALE HELP NOW! - 

The Ballen Group, also known as “The Dream Team” is a group of experienced and skilled real estate agents specializing in distressed properties under the direction of Richard and Lori Ballen at Keller Williams Realty Las Vegas along with their Lead Listing Specialist Jeff Howard supported by Listing Managers Erin Camp and Tom Wirt.

 


Chase - Know Your Options


Know your options


No matter what your individual situation is, you may have multiple options. Whether your want to stay in your home or sell it, we may be able to help.

You do have options
Here's a quick look at several of the options available. We'll work with you individually to see which might work for you.

    Repayment Plan: if you've experienced a temporary reduction in income or financial hardship, but are getting your finances back in order, this option lets you pay off the delinquency over a period of time by making your monthly payment plus a portion of the delinquent amount, each month.

    Loan Modification: Chase has recently enhanced and expanded its Modification Programs to include a wide array of hardship situations like layoffs, job loss or short-term income reductions, and permanent hardships like death of a spouse, disability, divorce, or severe medical situations. With these newly expanded and enhanced programs, we may be able to modify or change the term of your loan, the interest rate, and in some cases, principal balance, to reduce the monthly payment to an amount you can afford.

    Short Refinance: other residential lenders in your area may be able to help you obtain a third-party loan to payoff your loan with us for less than the full amount owed and give you a fresh start.

    Partial Claims-for FHA Loans Only: Chase may be able to work with you to obtain a one-time payment from the FHA Insurance fund to bring your mortgage current.

    Pre-Foreclosure Sale (Short Sale): if you believe that you will continue to have trouble paying your mortgage, selling your property now may be your best choice. If so, Chase may accept less than the amount we are owed. Plus, you can control the timing and terms under which you move. (See Frequently Asked Questions from The Ballen Group about Las Vegas Short Sales)

    Deed-in-lieu of Foreclosure: essentially a transfer of property to the lender for possible forgiveness of the entire debt. The advantages are that Chase may waive any amount you still owe if the property is subsequently sold for a loss, and you avoid having a completed foreclosure in your credit history. Although, a deed in lieu may be noted on your credit bureau record.

    More about Chase Short Sales



Act Now to begin your Chase Short Sale with The Ballen Group, Las Vegas Short Sale Specialists. If you are not in Las Vegas, and need a Chase Short Sale Specialists, please contact us for a referral.

 

The Ballen Group specializes in Summerlin, Henderson and The Las Vegas Valley. Specializing in Marketing Homes to sell, Las Vegas short sales & REO/distressed properties, negotiating for buyers, first time home buyers, and investment properties, The Ballen Group gets YOU Results.

In Regards to Nevada Short Sales


 

 IMPORTANT NOTICE:

Keller Williams Realty Las Vegas is not associated with the government, and our service is not approved by the government or your lender. Even if you accept our offer of help with mortgage assistance and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit rating.

Lori Ballen

sold@theballengroup.com

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