In Las Vegas the majority of sellers are upside down on their homes. I get at least one call a day from someone that is inquiring about a short sale. If the seller can show a true hardship there is NO reason we shouldn't be able to get a short sale approved for them.
We have attorneys charging sellers thousands of dollars to include their home in a BK when simply n a short sale could have been the answer they needed - and a must less costly one at that!
All my sellers must sign a disclosure stating that they should contact a CPA and attorney to find out the tax/legal implications of a short sale.
I did a short sale for a client a year and a half ago and she has worked really hard on improving her credit and she was just approved for a loan this week. So in less than two years we are able to get her into another home!
My clients are all so very greatful of what a short sale can do for them. You certainly earn a client and referrals for life!
Trish Nash
Broker/Owner - EXIT Realty Unlimited
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Broker/Owner. CRS, GRI, PMN, TRC designations. Fluent in Spanish. Current Nevada state president of Women's Council of Realtors. Specializing in short sales & foreclosures.
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