Showing posts with label las vegas short sale agent. Show all posts
Showing posts with label las vegas short sale agent. Show all posts

Monday, August 22, 2011

702-482-7739 - The Ballen Group, Las Vegas Short Sale Agents stops a Nevada Foreclosure. Wachovia Short Sale Closed


702-482-7739 - The Ballen Group stops a Nevada Foreclosure. Another successfully closed Wachovia Short Sale in NV.

The Ballen Group, Leading short sale agents in Las Vegas at Keller Williams Realty Las Vegas, have solved another short sale

The Ballen Group stops a Nevada Foreclosure. Another successfully closed Wachovia Short Sale in NV. 

The property on El Presidio was in default and the homeowner was facing Foreclosure in Nevada. After many negotiations with the bank with no solutions, the home owners contacted The Ballen Group to negotiate a Las Vegas short sale on their behalf. The process was not easy, but with the strong negotiating powers, problem solving and a comprehensive marketing process, Ballen achieved the difficult approval to close the home. As with all Las Vegas short sale approvals, there must be a ready & willing buyer to purchase the home at what the bank considers “fair market value” based on their appraisers values. The seller opted to short sale their home rather than allow a Las Vegas Foreclosure in hopes of having a better credit score and the ability to purchase Las Vegas Real Estate again in approximately 2 years. The great news here is that the entire NevadaShort sale Process only took a total of 48 days to close - Start to Finish.

The specific Short Sale Facts in this case are as follows. There was one Lien Holder – Wachovia. The Original List price was $249,900. The Sales Price was $249,900 with $7,430 in closing costs with a conventional loan. The deficiency was waived AND the seller received $3000 cash back. The first offer accepted was by the buyer who purchased the property. It took a total of 37 days to approve and 48 days total from list date to close date.

Sometimes, to avoid going through the costs of foreclosure, a bank will sanction a short sale by allowing a Buyer to purchase the home for less than the mortgage balance while the home is in pre-foreclosure stage. Pre-foreclosure state is the first of the three stages of foreclosures. NevadaHomeowners, who have either a Wachovia, World Savings or Golden West loan that is in danger ofNevada foreclosure, can be a candidate for the FAST TRACK Wachovia Short Sale Program inNevada. The new FAST TRACK program is quick and easy! First, we will place your home on theNevada Real Estate market with the proper exposure to place you in the best Nevada Short selling position. Next, we will put you in touch with the local Short Sale Manager assigned to your local area.

Benefits:
Delinquency not required. Verbal income and asset verification. No Deficiency liability against seller upon approval. Foreclosure process MAY BE STOPPED with valid buyer offer. Borrower can receive $2,500 for relocation assistance. Wachovia will also evaluate you for participation in the HAFA program. HAFA is the new set of short sale guidelines put out by Treasury Department which speeds up the short sale processing for certain types of loans- only applies to primary residences and homes which are not owned or guaranteed by FHA, Fannie Mae, Freddie Mac or VA.

Many are closing in 45 days or less with approval. (Loan must be a “proprietary loan”. Wachovia is the note holder not purely the servicer of your loan)
Richard Ballen, The Wizard of Las Vegas Short Sales, works his team magic and gets the deal done! For additional information on The Ballen Group and consulting with a Las Vegas Short Sale Specialist, Call 702-482-7739 or log on to http://www.TheBallenGroup.com

702-482-7739 - The Ballen Group, Las Vegas Short Sale Specialists
The Ballen Group - Lori Ballen
3100 S. Durango #106
Las VegasNevada
United States89117
Voice 702-604-7739 SELL 702-482-7739

Website: The Ballen Group
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Las Vegas Short Sale Specialist, Las Vegas Short Sale Agent, Short Sale Nevada, Keller Williams 

Sunday, August 21, 2011

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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.
  • 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

      

    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 

    ~ STOP NEVADA FORECLOSURE ~ A Las Vegas Short Sale Specialist Can Help! 702.482.7739

    Las Vegas Short Sale Specialist - Stop Nevada Foreclosure - http://www.ShortSaleinNevada.com
       702-482-7739 - Call the Las Vegas Short Sale Agents at Keller Williams Realty Las Vegas Today!

    ~ Home for Sale in Henderson, 89002, A 4 BR Short Sale in Nevada ~


    Foreclosure Commenced
    980 BUFFALO RIVER AV
    Henderson , NV 89002
    MLS# 1146261
    ~ Las Vegas is on SALE and NOW is time to buy. Call The Ballen Group at 702-604-7739 right now to get started on your home search and determine your Purchase Power. We have lenders standing by to work with you if you need financing for your home purchase. Spend some time shopping online at http://www.BallenGroupHomes.com where you can search homes JUST LIKE A REALTOR. Search for Las Vegas Foreclosures and Las Vegas Short Sales or avoid them both. Enter your criteria and receive new listings in your IN BOX before the rest of the world has a chance! Start with Us.


    If you need to reach a Las Vegas Short Sale Specialist regarding Short Selling YOUR Nevada Property, call RIGHT NOW 702-482-7739, we have agents standing by the line RIGHT NOW

                 

    Saturday, August 20, 2011

    ~ 4 Bedroom LAS VEGAS SHORT SALE in 89141 by The Ballen Group of Keller Williams Realty ~


    ~ Las Vegas is on SALE and NOW is time to buy. Call The Ballen Group at 702-604-7739 right now to get started on your home search and determine your Purchase Power. We have lenders tanding by to work with you if you need financing for your home purchase. Spend some time shopping online a http://www.BallenGroupHomes.com where you can search homes JUST LIKE A REALTOR. Search for Las Vegas Foreclosures and Las Vegas Short Sales or avoid them both. Enter your criteria and receive new listings in your IN BOX before the rest of the world has a chance! Start with Us.

    Monday, August 15, 2011

    The Ballen Group - Las Vegas Real Estate Agent Team - Las Vegas Short Sale Specialists


    The Ballen Group - Las Vegas Real Estate Agent Team
    - Las Vegas Short Sale Specialists

    3100 S Durango Drive, Suite 106
    Las Vegas, NV 89117
    Get Directions
    Phone: 702-604-7739
    Looking for a job in real estate? We are always interested in having exceptional real estate professionals join our team. Visit our career section for more information.

    Our Team

    The Ballen Group, Keller Williams Realty
    Office: 702-604-7739

    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. 


    HOW CAN WE HELP YOU TODAY?



    Richard and Lori Ballen have been in real estate for less than 10 years but have a rich history in business. Building a successful catering and large event company together which they sold in 2004 gave them all the business principals they needed to run a real estate business. Working together, but in very different roles, Richard and Lori complement each other and the team with individual strengths.

    Thursday, August 11, 2011

    ~ How to Buy a House IN Las Vegas Before Your Other House Sells - Tips


    How to Buy a House IN Las Vegas Before Your Other House Sells - Tips & Tricks
    (Talk to us at The Ballen Group about selling your Nevada Real Estate 702-482-7739. If your home for sale is NOT in Las Vegas, we have agents that work in your area)
    In a buyer's market, the inventory of Las Vegas homes for sale can be astounding. Deciding on a home to buy is difficult enough, but what happens when you have one to sell beforehand? Many times, especially in a soft Nevada real estate market, a buyer may get into a situation where they find a new house before their current house sells. Acting as a buyer and a seller in separate transactions can be tricky business, especially if you need the equity from your current home to pay for the new home. Luckily there are some best practices that can help show you how to buy a house before your other house sells.
     
    Consider a Bridge or Home Equity Loan. There are many financing options available when it comes to home buying, and bridge loans can be an easy way to finance a new home sale before your existing home closes. A bridge loan is one that is used to provide funds needed for a short period until another source of funds becomes available. Sometimes called a "swing" loan, it allows a homebuyer who needs the equity in his old home to pay for the new one to close on the new home purchase before closing on the old home sale. The interest rates on these loans are typically high. However, because the loan will be paid off in a short period of time, this should not be a huge problem for buyers. In a similar vein, you might consider a home equity loan on the house you already own. This is a bit riskier, but provides the same benefits.
    Rent your current home. If you can find short-term or month-to-month tenants who are willing to rent your current home until it sells, you can avoid having to worry about the house sitting vacant while you are moving into the new home. This can help you avoid having to winterize or de-winterize the property and stage the home for showings. You will also be able to apply the rental income to your existing mortgage on the house, to alleviate the financial burden of paying two mortgages.
        Work with the Seller. In a soft market where buyers are limited, sellers are often willing to work with the buyer on a purchase agreement that works for both parties. If you've already found the house you want to buy, but haven't yet sold your existing home, it may be possible that the seller will allow you to make a small down payment with a signed contract that permits you to wait to make the purchase until your old house sells.

          Should I Buy a New House Before I Sell the Old One?

          Buying a new house before your current house sells is not an ideal situation, but there ways to get through it that can alleviate the risk and financial burden. If you've considered the options above and are still unable to find a solution that works, an alternative and less attractive choice may be to hold off on buying a new home until your existing home is the final stages of closing. As disappointing as this can be for sellers who are anxious to move, it is a more desirable situation than being stuck with two mortgages and no remaining credit for other daily or emergency needs.



          Tuesday, August 9, 2011

          ~ Monday's Listing Updates | Las Vegas Real Estate Agent | Keller Williams Realty Las Vegas


          Monday's Listing Updates from The Ballen Group

          Below you will find some listings that you may be interested in. If you like anything you see, don't hesitate to email or call with your questions.
          Keller Williams - The Ballen Group
          Office phone: 702.604.7739
          Las Vegas Real Estate Agents and Short Sale Specialists
          Website: http://www.ballengrouphomes.com
          **SEARCH THE ULTIMATE LAS VEGAS HOMES SEARCH ENGINE NOW


          SEARCH 1: All Properties for sale in Desert Shores - No Minimum Price to $500,000, 3+ Beds, 0+ Baths
          3 beds/3 baths
          2232 Sq. Ft.
          $170,000
          ID #1114157 - Listing courtesy of Coldwell Banker Wardley RE
          View Details

          FORECLOSURE
          4 beds/3 baths
          2937 Sq. Ft.
          $247,500
          ID #1164803 - Listing courtesy of Realty ONE Group, Inc
          View Details

          There are more listings matching this search
          View All New Listings

          SEARCH 2: All Properties for sale in Summerlin South, Summerlin - $300,000 to No Maximum Price, 3+ Beds, 0+ Baths
          4 beds/5 baths
          4414 Sq. Ft.
          $824,900
          ID #1160350 - Listing courtesy of Great Bridge Properties
          View Details

          4 beds/5 baths
          4410 Sq. Ft.
          $895,000
          ID #1173622 - Listing courtesy of Direct Performance Real Estate
          View Details

          4 beds/6 baths
          7307 Sq. Ft.
          $3,290,000
          ID #1139759 - Listing courtesy of New Homes Research
          View Details



          The ULTIMATE Las Vegas Homes for Sale and MLS Search Engine

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