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Las Vegas Real Estate by The Ballen Group

702-604-7739 - http://www.TheBallenGroup.com - Short Sale Nevada with The Ballen Group of Keller Williams Realty Las Vegas, Las Vegas Short Sale Specialists offering you a daily dose of short Sale Homes in Nevada, Short Sale Service Information, Short Sale Laws, The Foreclosure Process in Nevada, Short Sale VS. Foreclosure and More.

~ What is a Short Sale? Where do I find a Las Vegas Short Sale Specialist? A Short Sale Ageint in Nevada Explains the Short Sale Process in Las Vegas, NV

 

702.482.7739 - http://www.TheBallenGroup.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 Real Estate Agents with Keller Williams Realty Las Vegas. 

What is a Las Vegas Short Sale? And what it ISN'T


 

Wow - It still amazes me when I talk to a potential Las Vegas Real Estate Buyer in regards to what a Nevada short sale is and ISN'T. I was speaking with a very nice man yesterday from Denver Colorado. He had no idea what a Short Sale was and what it meant for him - the home buyer. His biggest concern is that he would have to absorb the mortgage debt from the original seller placing him with multiple mortgages on the Las Vegas Real Estate purchase! ~ It's funny how we get so wrapped up in what WE do every day that we forget about the people who don't deal with it every day.

So I thought I would break it down a bit for those still wondering. And for an information video on what a short sale is - CHOOSE ME

What a short sale......

IS - 

  • The seller owes MORE on their mortgage(s) than what the home is worth. The seller places their home on the market and ASKS the bank to take a "short" amount on the mortgage.

  • Time Consuming - A Short Sale usually takes a minimum of 90 days (YES - THAT'S 3 MONTHS) and often takes longer (at times - much longer).

 

ISN'T -

  • A "Better Deal" than other homes on the market. Bottom line - the bank wants FAIR MARKET VALUE. In Nevada, Las Vegas short Sales close for MORE than Las Vegas foreclosures on average.

  • A Speedy Process. The "short" in the word SHORT SALE does not refer to time of the transaction (If it did - it would be called a LOOOOOOOONG SALE!)
I could and probably will eventually add to what a short sale is and isn't but don't want this blog post to run too long. Now I am certainly NOT saying don't consider a Las Vegas Short Sale purchase. Considering the fact that my team (A top Las Vegas Short Sale Agent Team at Keller Williams Realty Las Vegas *plug*) requires buyers to close our short sale listings, we know we need those offers! That being said, if you are considering purchasing a short sale - make sure you are dealing with Las Vegas Short Sale Specialists that are actually CLOSING these short sales in Nevada, not just listing them. 

FREE SHORT SALE KIT (for those considering SELLING a short sale)

 
 

The Ballen Group - Las Vegas Real Estate Specialists
Keller Williams Realty Las Vegas
3100 S. Durango #106 Las Vegas, NV 89117
(702) 604-7739

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About The Ballen Group .

Lori Ballen and her husband Richard Ballen manage a top producing Las Vegas Real Estate Team at Keller Williams Realty Las Vegas on DI and Durango with Debbie Zois and Dave Jenks. As Las Vegas Short Sale Specialists, Lori and her team focus on distressed properties and residential real estate in Nevada. Lori Ballen is a Mega Agent managing her team called The Ballen Group at Keller Williams Realty Las Vegas. Working with her 10 member team which includes her husband Richard, Lori has created a model for success. Using Gary Keller's Models, she never takes the pedal off lead generation which includes dominating search engines, working the database, managing he team web site, running daily ads, and staying on top of the most innovative marketing strategies such as her use of video. Using these tactics, The Ballen's earned awards in their short career such as rookies of the year AND top agents in the company their first year and many more top achievements in the years to follow. The Ballen Group is an award winning team specializing in Distressed properties - specifically Las Vegas Short Sales as well as residential real estate in Las Vegas, North Las Vegas, and Henderson.

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