Las Vegas, NV – March 26, 2012 – (RealEstateRama) — The Ballen Group, a top team of Las Vegas Short Sale Specialists under the brokerage Keller Williams Realty Las Vegas has put together a comprehensive Las Vegas Short sale system for sellers. Homeowners who are facing Las Vegas foreclosure can request a Las Vegas Short Sale Agent, Henderson Short Sale Agent, or North Las Vegas Short Sale Specialist to consult with them about their needs. In addition, The Ballen Group has created a custom hardship package allowing the homeowner to complete the documents required by the bank to ease the process. Although The Ballen Group never encourages a Las Vegas Short Sale, many homeowners in Las Vegas and surrounding areas are facing true hardships that force them to attempt a Short Sale rather than face Las Vegas Foreclosure.
The Ballen Group just closed a Short Sale with Bank of America for a property on the street: BAHAMA POINT. There were two Liens with Bank of America. One was the mortgage, and the other was a Bank of America Home Equity Line of Credit (HELOC). The property was listed for $84,000 and sold for $85,000 where the purchaser had an FHA loan and received $2,550 in closing costs from Bank of America in this short sale. The Seller received an approval letter with no deficiency language. An approval was obtained in 122 days after the buyers contract was accepted and closed 87 days after approval. This was a Military Relocation.
Bank of America has just rolled out a Nevada Incentive Program. Bank Of America is offering up to 5% back on a borrowers unpaid mortgage balance up to $20,000 if the homeowner qualifies for a short sale. Not everyone will qualify and this program ends in late April 2012.
702.482.7739 – http://www.ShortsaleinNevada.com – When Ready to sell your Las Vegas Home – if you owe more than the mortgage, we can help. Call us to discuss short sale options. Las Vegas Short Sale Specialists with Keller Williams Realty Las Vegas. If you are looking to buy, feel free to use our Online Nevada MLS search and Property Finder at http://www.ForSaleByBallen.com – It’s FREE and Online NOW.