Foreclosures Are Never Easy
I've had plenty of experience including personal experience of what happens when business slows, investments go sour, income declines and all of a sudden you need to re-structure your expenses. If you are like Millions of other Americans.. your mortgage may be worth far less then what the home is worth, your payments far more then renting and you may have no other expenses to cut to put your debt to income ratios at levels you can live with. Creating more debt is not the solution and only makes the problems worse. Unfortunately.. it's not as easy as just selling your home so you can get your life back on track to a more positive future.
You can either Walk Away and let the home go to foreclosure, try a loan modification or just do a short sale. If you can get a loan modification that truly puts you on a path to a better future, congratulations. If it is just putting the problem off to a later date.. it's your choice whether you want to make the sacrifice now in order to move on or put it off to a later date. A foreclosure is certainly going to delay the healing process... a short sale is going to make it shorter.
Learn about Las Vegas Short Sales
I have plenty of resources concerning the myths and misconceptions about doing a Las Vegas short sale at my Las Vegas Real Estate blog so you can become a more educated Las Vegas Real Estate seller. NOT ONLY do you need an experienced Las Vegas Short Sales Specialist but You Also Need a Las Vegas Real Estate Agent with the systems in place for ADVANCED marketing to get the highest offer possible which greatly improves your chances of getting a short sale approved in the first place. Remember... Lenders and their investors want the most money possible and if you use a Las Vegas short sale specialist with poor marketing systems in place... the chances are that you will get less money for your home.
Las Vegas Short Sale as an alternative to Foreclosure
A very smart alternative to a Foreclosure.
What is a short sale and some short sales numbers that I reported on from May of 2008.
Las Vegas Short Sale vs. a Las Vegas Foreclosure
Benefits to everybody for doing a short sale instead of just letting the home go to foreclosure.
Las Vegas Short Sale Buying Tips
Tips in buying Las Vegas short sales. Use an agent that understands them in the first place and your chances of getting the offer approved are GREATLY increased.
Why you need somebody with actual experience in Las Vegas Short Sales. The success numbers for the majority of Las Vegas Real Estate agents are very poor. We average over 75% for our Las Vegas Short Sales getting approved by the lender with our superior Las Vegas real estate marketing skills.
A not So Sad Las Vegas Foreclosure Story
Homeowners that have moved on in life. A new segment of stories where I have helped Las Vegas homeowners move on in life.
Myths about Las Vegas Short Sales
There are tons of myths about Las Vegas Short Sales all over the internet that are just not true. Use the contact information below for a personal consultation to see if a short sale is the right thing for you.
Getting a short sale approved by a lender is highly dependent on the sellers situation and you need a Short Sales Agent that can review your situation / finances to help determine if you will even qualify for a short sale to begin with.
Paul Francis, CRS
Las Vegas Short Sales
702.592.3058
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved