Lori Wekerle

Question: We own 2 Las Vegas houses and are thinking of bankruptcy or Las Vegas Short Sales. Can we keep one house and short sell the other? We want to live in the smaller cheaper house and let the other go.

The Ballen Group Las Vegas Short Sale Specialists answer: It is worth the attempt to try and keep one and do a Las Vegas short sale the other. Yes, we have seen it done. You would need to prove your hardship which explains why you can't keep the other home. Here are some Las Vegas Short Sale frequently asked questions. You can find more information on our website at www.savemefromlasvegasforeclosure.com or call 702-604-7739 for help.

FREQUENTLY ASKED LAS VEGAS SHORT SALE QUESTIONS

At any time - take action by calling 702-604-7739 and requesting a Las Vegas short sale kit to start the process. Our informational Las Vegas Short Sale seller’s handbook is a clear guide to what the Las Vegas short sale process is and how it is handled by The Ballen Group, Coldwell Banker Short Sale Specialists. Act Now - We Can Help!!

1.) Do I qualify for a LAS VEGAS SHORT SALE? If you owe more than your home would sell for – your property does qualify. Your hardship still needs to qualify for you though.

2.) I have enough money to pay the difference - Should I do a short sale? We suggest you contact your attorney or legal professional, but you may want to consider paying off the difference to save your credit or look into a loan modification. FYI - We have had people approved even though they had the money in the bank.

3.) I have been hearing a lot about loan modifications. Should I try one? Sure. If you think you might qualify - why not? Word to the wise - USE YOUR LENDER. It's free. If your lender can't do it - it can't be done by some guy who claims to be a "specialist in loan modifications" and charges you $500 or more. The law actually states that NOBODY can charge up front for Loan Modification services. If they try to charge you up front - they are breaking the law. Is that who you would want trying to save your home? If you feel you qualify for a loan modification or refinance, we can point you to a licensed mortgage company. If you can't qualify, we can help you with the short sale.

4.) Who pays the Realtor for their services? Good News! The bank pays us all commissions plus items the buyer may ask for such as closing costs.

5.) What is a Short Sale hardship package and why do I need it? The Short Sale hardship letter is to state your situation. The bank wants to understand why you can't make your payments and keep your home. A hardship could be medical (physical or mental illness). It could be divorce, death, relocation, loss or change of employment, addictions causing money loss, taking care of sick parents, large amounts of child support and so on. We can't tell you what your hardship is, but these are some we have seen approved. The rest of the package is simply a combination of pay stubs, bank account statements, profit & loss sheet, and tax returns. Some of these items are never requested from the bank. It all depends on the bank.

6.) Can I short sale my home and buy something more affordable? Maybe. There is talk that this may be some day be called mortgage fraud.

7.) How will the short sale affect my credit? To find out an exact score hit and how your credit will be affected, you will need to get professional advice from an accountant and/or credit professional. It will affect your credit; we are not licensed or trained in the credit department to tell you specifics.

8.) How is a short sale better than a Las Vegas Foreclosure? - Again, a credit professional, accountant or legal professional can better advise you, but we are told that with a short sale, you can buy home years before you could if you had a foreclosure on your record.

9.) Can the lender come after me? They can if they choose. It depends on how their final approval letter is written. You still have the choice to accept or deny their terms and opt for the foreclosure or deed in lieu of foreclosure should you decide. We have not seen collections personally, but we understand that the debt can be sold to a collector if it is not written as settled. This can be negotiated in the final stages of the short sale once a negotiator has been assigned to your case.

10.) Who Should I Call for Las Vegas Short Help? The Ballen Group, Coldwell Banker Las Vegas Short Sale Specialists 702.604.7739

LAS VEGAS SHORT SALE WEBSITE LINKS:

Las Vegas Short Sale Handbook: http://www.theballengroup.com/Short_Sale_Handbook/page_2237258.html

Las Vegas Short Sale and Foreclosure Definitions: http://www.theballengroup.com/Short_Sale__Foreclosure_Definitions/page_2117205.html

Las Vegas Short Sale hardship Package: http://ballenteam.wordpress.com/Shortsale_Hardship_Package/page_2084099.html

Las Vegas Foreclosure Timeline: http://www.theballengroup.com/Las_Vegas_Foreclosure_Timeline/page_2117207.html

Get Help with a Las Vegas Short Sale: http://www.theballengroup.com/SHORT_SALES/page_2084064.html

Las Vegas Short Sale FAQ’s: http:// www.theballengroup.com/Short_Sale_Questions/page_2222615.html

Hardship Package: http://www.theballengroup.com/Shortsale_Hardship_Package/page_2084099.html

Sample Hardship Letter: http://www.theballengroup.com/Shortsale_Hardship_Letter_2/page_2084113.html

National and Las Vegas Shortsale News: http://www.theballengroup.com/Short_Sale_News/page_2225945.html

Get Help with your Short Sale Now: http://www.theballengroup.com/Home_Evaluation/page_163208.html Obama’s Making Homes Affordable Plan: http://www.theballengroup.com/Making_Home_Affordable_Plan/page_2232205.html

Las Vegas Short Sale Press Room: First Time Home Buyers Tax Credit Information: http://www.theballengroup.com/TAX_CREDIT/page_2184579.html

*If any of these links are broken or arrive at incorrect pages, please be so kind to send a courtesy email to sold@theballegroup.com telling us what the link should have been and where it landed. Thanks! We appreciate your time as it helps us improve our customer service.

After wining top honors for Coldwell Banker Wardley Real Estate (over 500 agents), Richard & Lori Ballen felt they had reached their limit for Las Vegas Real Estate Business. To these two business and customer oriented Real Estate Agents, this was not acceptable.

It was immediately determined that two people were simply not enough to handle the number of transactions and inventory volume that Richard & Lori Ballen desired. It would take a strong group of same minded agents to forge ahead in the direction the Ballen's had in mind for their Las Vegas Real Estate Business. With that, came the Ballen Group

In form the group, Richard & Lori Ballen have not & will not compromise any values or ethics; and will continue to do business in the successful & professional manner that they have done in the past. The Group allows for more satisfied customers.

The Ballen Group specializes in Summerlin and The Las Vegas Valley. Specializing in Marketing Homes to sell, Las Vegas short sales & REO/distressed properties, negotiating for buyers, first time home buyers, and investment properties, The Ballen Group gets results.

For additional information on Richard & Lori Ballen, The Ballen Group, and Coldwell Banker Wardley Summerlin, visit http://www.TheBallenGroup.com

• Awarded Top Real Estate Agents! We buy & sell every day!
• Communication: Over 20 years of negotiating deals and contracts with excellent results.
• Character: Honest, Friendly, Outgoing, Ambitious, Family Oriented, and great Leaders
• Skilled: Highly trained in technology providing high quality, accuracy and speed when helping you buy or sell your home.
• Marketing Specialists: Tested & Measured Marketing providing no fail results in home sales. From print advertising to extensive web design, the Ballen's get results
• Professionals: In every aspect of the word, when dealing with the Ballen's, you will always be met with professionalism.
• Trustworthy: In our opinion the most important trait you can ask for when dealing with a Real Estate Agent.
• Dedication: Unsurpassed commitment and loyalty to customers and clients.
• Knowledgeable: Highly active in continuing education classes, workshops, seminars, and conferences. Constantly aware of the local market & real estate industry.
• Team: Each having specialties, you have the ability to call on our skills at hand with little wait time. Richard works the field handling negotiations while Lori handles your technology, research & marketing.

Contact The Ballen Group by sending and email to sold@theballengroup.com, or Call 702.604.7739 (or 702-604-7738). The Ballen Group gets YOU results.

Additional Valuable Las Vegas Real Estate Links:

Las Vegas MLS Search: http://www.theballengroup.com/Las_Vegas_MLS_Search/page_2123987.html

Featured Coldwell Banker Wardley Las Vegas Real Estate Listings: http://www.theballengroup.com/Featured_Listings/page_163204.html

Find Las Vegas Foreclosures: http://www.theballengroup.com/Foreclosures/page_2067615.html

Get Help and Avoid Foreclosures with a Las Vegas Short Sale: http://www.theballengroup.com/SHORT_SALES/page_2084064.html

Las Vegas Short Sale FAQ's: http:// www.theballengroup.com/Short_Sale_Questions/page_2222615.html

Summerlin Real Estate: http://www.theballengroup.com/Summerlin_Real_Estate/page_2024730.html

Las Vegas Real Estate News Blog: http:// www.theballengroup.com/My_Blog/page_1727238.html

Contact The Ballen Group - Las Vegas Short Sale Specialists: http:// www.theballengroup.com/Contact_Us/page_2024749.html

Question: Does anyone know the Las Vegas MLS details for this home? There is also no Las Vegas Real Estate agent information

The Ballen Group Responds: This is a question we see a lot online. Most Las Vegas Real Estate buyers do not understand that they do not need to contact the listing agent at all to find out details about any property, view it, and make an offer. Many people are under the impression that they need to contact the las vegas listing agent for information on a property, where in reality, any qualified Las Vegas Realtor can help - Like my team of course !

We invite all Las Vegas real estate buyers to use our website to search the Las Vegas MLS at http://www.lasvegasmlsproperties.com

- The Ballen Group of Coldwell Banker Wardley Las Vegas Real Estate

Web Reference: http://www.theballengroup.com

Here are some additional Las Vegas Real Estate Links

Las Vegas MLS Search: http://www.theballengroup.com/Las_Vegas_MLS_Search/page_2123987.html

Featured Coldwell Banker Wardley Las Vegas Real Estate Listings: http://www.theballengroup.com/Featured_Listings/page_163204.html

Find Las Vegas Foreclosures: http://www.theballengroup.com/Foreclosures/page_2067615.html

Get Help and Avoid Foreclosures with a Las Vegas Short Sale: http://www.theballengroup.com/SHORT_SALES/page_2084064.html

Las Vegas Short Sale FAQ's: http://www.theballengroup.com/Short_Sale_Questions/page_2222615.html

Summerlin Real Estate: http://www.theballengroup.com/Summerlin_Real_Estate/page_2024730.html

Las Vegas Real Estate News Blog: http://www.theballengroup.com/My_Blog/page_1727238.html

Contact The Ballen Group - Las Vegas Short Sale Specialists: http:/www.theballengroup.com/Contact_Us/page_2024749.html

Las Vegas Short Sale Specialist|Avoid Las Vegas Foreclosure

Las Vegas Short Sale Specialists
http://www.savemefromlasvegasforeclosure.com
________________________________________

Do you need to sell your home, but owe more than it's worth? You are not alone. Many people are stuck in unaffordable loans, or simply need to move. The Ballen Group Las Vegas Short Sale Specialists (and Henderson too!) can help short sell your home. We handle all bank negotiations so you can move on with your life. Call 702.604.7739 Now or Toll Free 1-888-814-6842! We Can Help. Don't wait until it's too late. Act Now.

A 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 (many people call these 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.

The Ballen Group of Coldwell Banker Wardley Las Vegas Real Estate has a high success rate with Las Vegas shortsales.
Call 702.604.7739 Now or Toll Free 1-888-814-6842! We Can Help. Don't wait until it's too late. Act Now.

VALUABLE NEVADA SHORT SALE INFORMATION | LAS VEGAS REAL ESTATE LINKS:

Las Vegas MLS Search: http://www.theballengroup.com/Las_Vegas_MLS_Search/page_2123987.html

Featured Coldwell Banker Wardley Las Vegas Real Estate Listings: http://www.theballengroup.com/Featured_Listings/page_163204.html

Find Las Vegas Foreclosures: http://www.theballengroup.com/Foreclosures/page_2067615.html

Get Help and Avoid Foreclosures with a Las Vegas Short Sale: http://www.theballengroup.com/SHORT_SALES/page_2084064.html

Las Vegas Short Sale FAQ's: http://www.theballengroup.com/Short_Sale_Questions/page_2222615.html

Summerlin Real Estate: http://www.theballengroup.com/Summerlin_Real_Estate/page_2024730.html

Las Vegas Real Estate News Blog: http://www.theballengroup.com/My_Blog/page_1727238.html

Contact The Ballen Group - Las Vegas Short Sale Specialists: http:/www.theballengroup.com/Contact_Us/page_2024749.html

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Sincerely,

Your friends at Summerlin - The Ballen Group, Summerlin Real Estate Specialists of Coldwell Banker Wardley Las Vegas Real Estate

Explore Summerlin at www.summerlin.com

www.theballengroup.com

702-604-7739

Be sure to check out our Summerlin Short Sales like 9312 Jadecrest. This 4 bedroom Las Vegas Short Sale was just reduced to under $250,000 and just needs a ready and willing buyer. Contact The Ballen Group, Short Sale Specialists to see this great Summerlin Short Sale today!