How to avoid foreclosure by doing a short sale in Las Vegas

I recently did a blog post about how to avoid a foreclosure of your Las Vegas property. One of the best ways to accomplish this is to do a Short Sale. A short sale is when the a seller is trying to sell their property for less than what is owed to the bank. The lender who carry's the note has to approve a loss on the property and the new buyer gets financing or pays cash for the property.

Why do a short sale? What are the benefits of a short sale?

• Short Sales are better on your credit than a foreclosure
• Short Sales can negotiate the a full discharge of your loan. A foreclosure can seek the difficiency amount.
• Short Sales avoid costly foreclosure fees for the seller and the bank
• Agent commissions to list and market the property are paid by the bank

It is important to have a strong team to help negotiate the short sale for you. I am a Ceritified Short Sale Professional designee from the National Association of Realtors. I work with a great lawyer and accountant that I would be happy to refer to you as well. There are options you have to avoid a foreclosure. If you would like to learn more about Short Sales, please visit this website:

www.LasVegasShortSaleConnection.com

Felipe Crook

Prudential Americana Group Realtors

Las Vegas NV 89117

1-866-589-1646