Foreclosures

Foreclosures

Short Sales in Las Vegas Outselling Foreclosures

Las Vegas, NV - June 15, 2012 - (RealEstateRama) -- Since the passage of AB284, short sale inventory in Las Vegas has been catching up with foreclosures. Now, for the first time ever, short sale closings account for the vast majority of homes sold in Las Vegas. Nearly 30 percent of existing home sales in April were short sales, compared with 26 percent in March, the Greater Las Vegas Association of Realtors reported. Meanwhile, bank-owned home sales declined to 36.9 percent of April, down from 40.7 percent in March.

Las Vegas Short Sales | Cash Back For Homeowners

Las Vegas, NV - May 23, 2012 - (RealEstateRama) -- In an effort to move troubled mortgages off their books, banks have begun offering cash to delinquent homeowners so that they can sell their properties for less than they owe. No lender likes to do short sales, but many banks have decided that short sales are quicker and less expensive than foreclosing. In addition to offering cash incentives, banks have been pre-approving details, streamlining the process of closing and forgoing their right to pursue unpaid debt in the hope of getting through some of the backlog.

Deficiency Judgements in Nevada | Las Vegas Short Sales

Las Vegas, NV - May 21, 2012 - (RealEstateRama) -- Why would you pay a Nevada Attorney thousands of dollars to handle your short sale when short sales are free? There has never been a better time to do a short sale. Many banks are now waiving their right to pursue deficiency, and some banks are even offering “cash back” to homeowners as an incentive to short sell, however, there are plenty of lawyers out there who are lining up to take your hard earned money. Why pay an attorney for a service that should not cost you a dime.

Citbank /Provident Funding Short Sale CLOSED by The Ballen Group of Keller Williams Realty...

Las Vegas, NV - May 18, 2012 - (RealEstateRama) -- The property was listed for $119,900 and sold for $108,500 where the purchaser had an CASH and received zero closing costs from Citibank or Provident Funding in this short sale. The Seller received an approval letter with no deficiency language. An approval was obtained in 106 days after the buyers contract was accepted and closed 25 days after approval.

Nevada Attorneys Chase Short Sales Instead of Ambulances

Las Vegas, NV - May 8, 2012 - (RealEstateRama) -- Before you hand over your hard earned dollars to a Nevada Short Sale 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!

Legislation Intended to Prevent Tax Increases on the Beneficiaries of the Mortgage Settlement Agreement

Washington, D.C - April 4, 2012 - (RealEstateRama) -- U.S. Representatives Shelley Berkley (D-NV), Jim McDermott (D-WA) and John Larson (D-CT) introduced the "Homeowners Tax Fairness Act" today to protect homeowners and servicemembers who were wrongly foreclosed on and entitled to relief under the historic national mortgage settlement from additional tax burdens.

Free Las Vegas Short Sale Seminar Presented March 31st, 2012

Las Vegas, NV - March 28, 2012 - (RealEstateRama) -- Felipe Crook and Mark Minelli of Realty One Group invites homeowners to attend a free Las Vegas short sale seminar to help navigate the complicated myths and realities of the short sale process. Minelli and Crook, a Certified Short Sale Professional, will team with a prominent Las Vegas attorney Eric Earley of The Law Office of Eric Earley, Donna Jo Swift-Branch Manager of Southern Fidelity Mortgage, and Nevada Title to educate distressed homeowners of options to avoid foreclosure. The seminar will be March 31st, 2012 from 11:30am to 1:00pm at Realty One Group, 6475 S. Rainbow Blvd Ste 102 Las Vegas, NV 89118.

Las Vegas Short Sale Info – Lois Lee Greer Short Sale Expert

Las Vegas, NV - March 19, 2012 - (RealEstateRama) -- According to the Associated Press, the bleakest year in the foreclosure crisis has only just begun. Lenders are poised to take back more homes this year than any other since the U.S. housing meltdown began in 2006.

Another Las Vegas Short Sale in Nevada Closed By The Ballen Group Of Keller...

Las Vegas, NV - March 15, 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.

Myers Team Named Top Short Sale Realtors in Nevada

Las Vegas, NV - March 6, 2012 - (RealEstateRama) -- 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.

Las Vegas Real Estate Team closes another Bank of America Short Sale in Las...

Nevada, NV - March 6, 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.

Lori Ballen, CEO of The Ballen Group, launches a new Short Sale Tool for...

Las Vegas, NV - March 5, 2012 - (RealEstateRama) -- Lori Ballen, CEO of Ballen Group International, with its home base in Las Vegas, has announced an innovative new online tool to help homeowners with difficult decisions regarding selling their home in the current housing market. For many people, buying or selling a home is the most burdening financial decision they will make in their lifetime. "Millions of American's hold a firm belief that their home is an investment," Lori Ballen said “but those investments haven’t had positive returns in the past few years.”

The Ballen Group, Las Vegas Real Estate Team, Hires Alma Moreno for The Spanish...

Las Vegas, NV - March 2, 2012 - (RealEstateRama) -- The Ballen Group, a top team of Las Vegas Short Sale Specialists under the brokerage Keller Williams Realty Las Vegas who recently received multiple awards for their real estate production on short sales, continues to build an expert team of real estate agents, short sale agents and processors. The Ballen Group has been recognized for top achievements in Listings, Production, and marketing.

Las Vegas Short Sale Lawyers | Full Deficiency Waivers For Sellers

Las Vegas, NV - March 1, 2012 - (RealEstateRama) -- 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

Nevada Short Sale Options for 2012

Las Vegas, NV - February 29, 2012 - (RealEstateRama) -- According to the Associated Press, the bleakest year in the foreclosure crisis has only just begun. Lenders are poised to take back more homes this year than any other since the U.S. housing meltdown began in 2006.

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Nevada Short Sale Information – FTC Cracks Down on Loan Modification...

Las Vegas, NV - January 6, 2011 - (RealEstateRama) -- Effective January 31, 2011, The Federal Trade Commission has banned loan modification companies from charging up-front fees for negotiating modifications of residential mortgage loans. According to Eric Witksoki, Chief of the Attorney General’s Bureau of Consumer Protection, and the state consumer advocate, “Money spent on mortgage modification consultants is a bad bet for consumers.” Additionally, Witkoski commented that spending money on loan modification is “worse than some of the odds at the casino tables.”

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Calmwater Capital Provides $36.7 Million for Mountains Edge Marketplace in Las...

Calmwater Capital, a leading, national direct real estate lender, has originated a $36.7 million loan for Remington Nevada to refinance existing debt and finance remaining construction of the Mountains Edge Marketplace in southwest Las Vegas. Once completed, the 101,000-square-foot retail property, anchored by Albertsons, will be located at the corner of Blue Diamond Road and South Buffalo Drive, adjacent to the Mountains Edge master planned community.