The Myers Team - Nevada Short Sale Experts

Las Vegas, Nevada - A recent report named The Myers Team the #1 Short Sale Realtors in Nevada. Number one status was determined by actual short sale listings closed from January 1, 2007 through December 31, 2011.

According to the report, The Myers Team with the Caliber Realty Group has negotiated more short sale approvals and closed more short sale listing transactions than any Realtor or Broker in Las Vegas. The majority of these closings have been short sales with Bank of America.

The Myers Team is nationally recognized as one of the most influential figures in Real Estate today. According to Myers Team owner, Bill Myers, “Surrendering a home worth half of what you owe is NOT a failure, it's a business decision. A short sale is an opportunity for you and your family to take control and walk away free and clear. Nobody wants to lose their home; however, loan modification doesn’t work and there is no need to go down with a sinking ship. Homeowners need to know when to say enough is enough.”

Many Realtors proclaim themselves to be short sale experts; however, according to Myers, “A Realtor in Las Vegas can become a Certified Short Sale Expert by attending a one day class at the Board of Real Estate. The ability to be called an expert in any field should be based upon performance and consistent results; not based upon attending an afternoon seminar.” Myers added, “This would be the same as declaring yourself a ‘home run expert’ after attending a one-day baseball class yet never picking up a bat or actually hitting a ball.” The Myers Team has continually broken sales records, and when it comes to short sale transactions, they are considered by most experts to be industry leaders.

The Myers Team worked for Century 21 for nine years; however, in 2011 they joined forces with the Caliber Realty Group. According to Myers, “Our Real Estate market has changed; however, most Real Estate companies have not. While most Real Estate Brokers are still learning how to do short sales, the Caliber Realty Group is backed by ownership that has been dealing with Banks and Loss Mitigation Departments for almost three decades.” Additionally, Myers said, “A short sale is one of the most complicated transactions in residential Real Estate and experience is everything. If you needed open-heart surgery, would you go to jack of all trades physician, or would you visit a heart specialist? The Caliber Realty Group specializes in short sale transactions. This experience allows Caliber Realty to provide a higher caliber of service and stand out in today's unique Real Estate market.”

Bill and Francoise Myers have helped hundreds of Las Vegas families avoid foreclosure. Myers said, “Sellers facing foreclosure must remember that banks are not looking out for you or your family. When you work with The Myers Team, our job is to get between you and the bank. We represent our clients, NOT the banks. It is our job to negotiate the best possible outcome. Ultimately, our job is to take away the stress, and make the transaction as smooth and stress-free as possible.”

Visit The Myers Team web site at http://www.NevadaShortSaleInfo.com

For Non-Short Sales, visit http://www.LasVegasList4Less.com

Las Vegas, Nevada - A recent report named The Myers Team the #1 Short Sale Realtors in Nevada. Number one status was determined by actual short sale listings closed from January 1, 2007 through December 31, 2011.

According to the report, The Myers Team with the Caliber Realty Group has negotiated more short sale approvals and closed more short sale listing transactions than any Realtor or Broker in Las Vegas. The Myers Team is nationally recognized as one of the most influential figures in Real Estate today. According to Myers Team owner, Bill Myers, “Surrendering a home worth half of what you owe is NOT a failure, it's a business decision. A short sale is an opportunity for you and your family to take control and walk away free and clear. Nobody wants to lose their home; however, loan modification doesn’t work and there is no need to go down with a sinking ship. Homeowners need to know when to say enough is enough.”

Many Realtors proclaim themselves to be short sale experts; however, according to Myers, “A Realtor in Las Vegas can become a Certified Short Sale Expert by attending a one day class at the Board of Real Estate. The ability to be called an expert in any field should be based upon performance and consistent results; not based upon attending an afternoon seminar.” Myers added, “This would be the same as declaring yourself a ‘home run expert’ after attending a one-day baseball class yet never picking up a bat or actually hitting a ball.” The Myers Team has continually broken sales records, and when it comes to short sale transactions, they are considered by most experts to be industry leaders.

The Myers Team worked for Century 21 for nine years; however, in 2011 they joined forces with the Caliber Realty Group. According to Myers, “Our Real Estate market has changed; however, most Real Estate companies have not. While most Real Estate Brokers are still learning how to do short sales, the Caliber Realty Group is backed by ownership that has been dealing with Banks and Loss Mitigation Departments for almost three decades.” Additionally, Myers said, “A short sale is one of the most complicated transactions in residential Real Estate and experience is everything. If you needed open-heart surgery, would you go to jack of all trades physician, or would you visit a heart specialist? The Caliber Realty Group specializes in short sale transactions. This experience allows Caliber Realty to provide a higher caliber of service and stand out in today's unique Real Estate market.”

Bill and Francoise Myers have helped hundreds of Las Vegas families avoid foreclosure. Myers said, “Sellers facing foreclosure must remember that banks are not looking out for you or your family. When you work with The Myers Team, our job is to get between you and the bank. We represent our clients, NOT the banks. It is our job to negotiate the best possible outcome. Ultimately, our job is to take away the stress, and make the transaction as smooth and stress-free as possible.”

Visit The Myers Team web site at http://www.NevadaShortSaleInfo.com

For Non-Short Sales, visit http://www.LasVegasList4Less.com

Before you hand over your hard earned dollars to a Nevada Real Estate Attorney, consider the following; will the attorney guarantee their services and pay you a full refund if they fail to perform? If you meet with an attorney who won’t agree to refund your money should they fail to get your short sale approved, GET UP AND LEAVE!

While there are many respectable and ethical attorneys out there, you must educate yourself and not place your unconditional faith in someone who stands to make a handsome profit should you get sued.

There are NO attorneys who specialize in short sales; however, there are plenty of attorneys who specialize in taking your money. Homeowners considering short sales are welcome to speak with a lawyer to discuss their options, however, YOU MUST BE CAREFUL. If you use an attorney to negotiate a short sale and they fail to perform, you may wind up being sued by your bank. In the event the bank decides to come after you, then you will need to hire an attorney for a potentially expensive lawsuit. While there are many respectable and ethical attorneys out there, you must educate yourself and not place your unconditional faith in someone who stands to make a handsome profit should you get sued. If the attorney fails to get your short sale approved, you are left vulnerable and may need additional legal protection. What is the attorney’s motivation to get your short sale done if they can make additional income protecting you from a potential deficiency judgement lawsuit? Is this not a conflict of interest? If you were sick with cancer, would you hire a doctor who also owned a funeral home? Of course not!

Additionally, if you speak with a Bankruptcy Attorney, they are undisputed experts at helping you go Bankrupt; however, they also make their living by convincing you to File Bankruptcy. Bankruptcy is always an option, however, NOT always necessary.

Nevada Short Sale Lawyers can be quite expensive. Who has money to hire an expensive attorney, when you are losing your home and preparing to move, etc.? Most people who are considering a short sale are experiencing a certain degree of Financial Hardship. In these tough economic times, many attorneys are experiencing a decrease in clients, and are looking for ways to generate additional income. Attorneys, who have never offered short sales as one of their services, are now jumping on the bandwagon and offering to do short sales for their clients. Times have gotten so tough for lawyers that even accident attorneys are now advertising Bankruptcy and Short Sale Services. Using an attorney to facilitate a short sale is a concern for several reasons: First of all, do you really think that the attorney you hire is going to make your short sale their top priority? Are they going to do the work themselves, or will they hand it off to their office assistants and paralegals to do the work? Most attorneys will not even make the time to meet with you personally. Are you prepared to spend $2000 - $5000 to hire a paralegal assistant to protect your family?

While The Myers Team with The Caliber Realty Group are NOT attorneys, they are nationally recognized as one of the most influential figures in real estate today. Additionally, they are the most experienced short sale Realtors in Las Vegas. Since 2007, The Myers Team has sold more short sale listings than any Realtor or Broker in Nevada. According to Myers Team owner Bill Myers, “Our service is 100% guaranteed, meaning if the bank rejects the short sale for any reason, you do not pay us a dime. Our loyalty is to our clients. Why pay for an expensive Attorney when you can be backed by the experience, knowledge and negotiating power of the Myers Team with no out of pocket expense?”

Visit The Myers Team web site at http://www.NevadaShortSaleInfo.com

For Non-Short Sales, visit http://www.LasVegasList4Less.com

Las Vegas, Nevada - If you’ve been thinking about doing a short sale on your Nevada home, you might want to hurry up. The time is limited for homeowners who want to ensure they aren’t hit with a big tax bill because they had to walk away from a mortgage obligation. The Mortgage Forgiveness Debt Relief Act is set to expire on December 31, 2012.

At the height of the housing crisis, Congress passed the Mortgage Forgiveness Debt Relief Act of 2007, designed to provide some consolation to folks who had lost their homes.

In summary, the Mortgage Forgiveness Debt Relief Act states that if you borrow money (up to $2 million dollars) from a bank or a commercial lender and the lender cancels or forgives the debt (a.k.a. Short Sale) then you are not responsible for paying taxes on the forgiven amount. This applies only to primary residences, NOT investment properties.

The Mortgage Forgiveness and Debt Relief Act applies to debt forgiven in calendar years 2007 through 2012. It has not yet been determined if the Mortgage Forgiveness Act will be extended past 2012.

Upon the completion of a successful short sale transaction, your bank is required by law to provide the IRS with a Form 1099-C. The 1099-C will show the IRS the amount of debt which was cancelled or forgiven. Before December 20, 2007, (this is the date which the Mortgage Forgiveness Debt Relief was enacted) the amount of forgiven debt was considered to be taxable income. This is no longer the case for primary residences; however, all this could change if the Mortgage Forgiveness Act is not extended.

One of the most frequent questions we are asked regarding short sale transactions involves the tax consequences of these situations. There is a tremendous amount of mis-leading and “completely false” information floating around on the internet. Of course as a Realtor, we are not licensed to give tax advice, and thus will strongly suggest that you always consult with a licensed CPA or attorney when dealing with these matters; however, please click the attached link to view the Mortgage Forgiveness Debt Relief Act as it appears on the IRS web site (click link) http://www.irs.gov/individuals/article/0,,id=179414,00.html

Since 2007, The Myers Team with The Caliber Realty Group closed more short sale transactions than any Realtor or Broker in Nevada. Myers Team owners, Bill and Francoise Myers have helped hundreds of Las Vegas families avoid foreclosure. Myers said, “Sellers facing foreclosure must remember that banks are not looking out for you or your family. When you work with The Myers Team, our job is to get between you and the bank. We represent our clients, NOT the banks. It is our job to negotiate the best possible outcome. Ultimately, our job is to take away the stress, and make the transaction as smooth and stress-free as possible.”

Visit The Myers Team web site at http://www.NevadaShortSaleInfo.com

For Non-Short Sales, visit http://www.LasVegasList4Less.com

Las Vegas, NV - If you’ve been thinking about doing a short sale on your Nevada home, you might want to hurry up. The time is limited for homeowners who want to ensure they aren’t hit with a big tax bill because they had to walk away from a mortgage obligation. The Mortgage Forgiveness Debt Relief Act is set to expire on December 31, 2012.

At the height of the housing crisis, Congress passed the Mortgage Forgiveness Debt Relief Act of 2007, designed to provide some consolation to folks who had lost their homes.

In summary, the Mortgage Forgiveness Debt Relief Act states that if you borrow money (up to $2 million dollars) from a bank or a commercial lender and the lender cancels or forgives the debt (a.k.a. Short Sale) then you are not responsible for paying taxes on the forgiven amount. This applies only to primary residences, NOT investment properties.

The Mortgage Forgiveness and Debt Relief Act applies to debt forgiven in calendar years 2007 through 2012. It has not yet been determined if the Mortgage Forgiveness Act will be extended past 2012.

Upon the completion of a successful short sale transaction, your bank is required by law to provide the IRS with a Form 1099-C. The 1099-C will show the IRS the amount of debt which was cancelled or forgiven. Before December 20, 2007, (this is the date which the Mortgage Forgiveness Debt Relief was enacted) the amount of forgiven debt was considered to be taxable income. This is no longer the case for primary residences; however, all this could change if the Mortgage Forgiveness Act is not extended.

One of the most frequent questions we are asked regarding short sale transactions involves the tax consequences of these situations. There is a tremendous amount of mis-leading and “completely false” information floating around on the internet. Of course as a Realtor, we are not licensed to give tax advice, and thus will strongly suggest that you always consult with a licensed CPA or attorney when dealing with these matters; however, please click the attached link to view the Mortgage Forgiveness Debt Relief Act as it appears on the IRS web site (click link) http://www.irs.gov/individuals/article/0,,id=179414,00.html

Last year, The Myers Team with The Caliber Realty Group closed more short sale transactions than any Realtor or Broker in Nevada. Myers Team owners, Bill and Francoise Myers have helped hundreds of Las Vegas families avoid foreclosure. Myers said, “Sellers facing foreclosure must remember that banks are not looking out for you or your family. When you work with The Myers Team, our job is to get between you and the bank. We represent our clients, NOT the banks. It is our job to negotiate the best possible outcome. Ultimately, our job is to take away the stress, and make the transaction as smooth and stress-free as possible.”

Visit The Myers Team web site at http://www.NevadaShortSaleInfo.com

For Non-Short Sales, visit http://www.LasVegasList4Less.com