Foreclosures

Foreclosures

Las Vegas Short Sale Specialist Team closes a Bank of America Short Sale in...

Las Vegas, NV - February 24, 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

Mortgage Forgiveness Debt Relief Act Expires Dec 31 2012!

Las Vegas, NV - February 20, 2012 - (RealEstateRama) -- 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.

FREE Community Event Provides Answers and Clarity to Drowning Southern Nevada Homeowners

Las Vegas, NV - February 15, 2012 - (RealEstateRama) -- Real estate professionals will provide answers and much-needed clarity to the recent Mortgage Debt...

Las Vegas underwater homeowner needs a las vegas short sale

Las Vegas, NV - January 17, 2012 - (RealEstateRama) -- Current estimates are that nationwide, 6.3 million U.S. homeowners are more than 30 days late on their mortgage and in some stage of foreclosure. “The problem is compounded by the fact that nearly one fourth of all U.S. homeowners are ‘underwater’ on their mortgage—meaning they owe more on their home than they could net from selling it in today’s market,” noted Jillian Batchelor, & The Batchelor Group .

Keller Williams Las Vegas Real Estate Agent Team, Closes An EMC Short Sale In...

Las Vegas, NV - December 23, 2011 - (RealEstateRama) -- The Ballen Group, Leading short sale agents in Las Vegas at Keller Williams Realty Las Vegas, has solved another short sale problem for a Nevada Homeowner facing foreclosure. The Ballen Group, specializing in Las Vegas Short Sales, Henderson Short Sales, and North Las Vegas Short Sales, has successfully negotiated and closed a short sale transaction where a lender (Bank of America) accepted a “short” amount on Las Vegas Real Estate, saving the sellers from being another Nevada Foreclosure statistic.

The Ballen Group, Las Vegas Short Sale Agents, obtains Bank of America Short Sale...

Las Vegas, NV - December 13, 2011 - (RealEstateRama) -- The Ballen Group, a local team of short sale agents in Nevada, who have been specializing in Nevada Short Sales for several years now, have obtained a very difficult Short Sale Approval Letter from Bank of America. The Short Sale Approval Letter from Bank of America has always included language stating that Bank of America reserved the right to collect the debt (the difference of what the buyer paid for the home and what the seller owed on the loan) from the seller. This letter actually states that the deficiency is being waived. The next paragraph is taken directly from the letter.

City Of Las Vegas Launches Campaign To Provide Information About Free Foreclosure Help

Las Vegas, NV - November 14, 2011 - (RealEstateRama) -- The city is launching an advertising campaign this week to let people know about the free services that are available to residents in fear of losing their homes. A new website, www.freehomeaidnv.org, will connect homeowners with free U.S. Department of Housing and Urban Development-approved counselors who can help them learn more about their options relating to:

Why Nevada Short Sales Work and Loan Modifications Fail

Las Vegas, NV - November 9, 2011 - (RealEstateRama) -- We have all witnessed the Occupy Wall Street demonstrations taking place in New York, and major cities throughout the country. Protesters are pointing their finger at major banking institutions, blaming them for the collapse of our housing market and economy; however, are American banks the source of the real problem?

Hardship Letter for Nevada Residents

Las Vegas, NV - November 4, 2011 - (RealEstateRama) -- While short sales minimize damage to your credit versus foreclosure, the fact remains that the goal of every short sale is to walk away without the bank coming after you at some future date down the road. So why are some homeowners asked to pay substantial promissory notes in exchange for a short sale approval, while other homeowners are not asked to pay a promissory note at all? The answer can almost always be found by looking at the experience (or lack of experience) of the Real Estate Agent. There are certain factors which minimize hardship in the eyes of banks and bank Investors, and are essentially short sale deal killers. A Realtor experienced with short sales will be able to explain the banks perception of hardship and how it applies to your particular situation.

Free Nevada Short Sale Help

Las Vegas, NV - October 31, 2011 - (RealEstateRama) -- In a city like Las Vegas, there are very few absolutes. Always split aces and eights. Never bet more than you can afford to lose and never wise-off to the bouncer. For Las Vegas homeowners considering a short sale, there is one more absolute: The Myers Team is Nevada’s #1 Short Sale Team.

Secrets of Nevada Short Sales

Las Vegas, NV - October 31, 2011 - (RealEstateRama) -- In a city like Las Vegas, there are very few absolutes. Always split aces and eights. Never bet more than you can afford to lose and never wise-off to the bouncer. For Las Vegas homeowners considering a short sale, there is one more absolute: The Myers Team is Nevada's #1 Short Sale Team.

Nevada Luxury Short Sales

Las Vegas, NV - October 20, 2011 - (RealEstateRama) -- A short sale transaction is without doubt, the most complicated transaction in residential real estate. Just because a Realtor is experienced, does not mean that he/she is experienced with short sales. Here’s an example which illustrates the importance of hiring the right real estate agent to handle your short sale. If you needed to hire an airplane pilot to fly you across the country, there are literally thousands of licensed and experienced pilots to choose from. Now, let’s take the same example and change the terms. What if the flight was going to be flown over a hostile, enemy country? Would you still want to hire a standard commercial pilot, or would you prefer to fly in an Air Force fighter jet flown by an experienced Top Gun certified pilot armed with the best missles and weapons to d eter an enemy threat?

FREE Community Event Provides ‘Life-line’ Solutions to Drowning Southern Nevada Homeowners

Las Vegas, NV - October 17, 2011 - (RealEstateRama) -- On Wednesday, October 19, 6-7pm, real estate professionals will gather to provide answers and offer possible solutions to struggling Southern Nevada homeowners. Coldwell Banker Premier Realty (CBPR) will facilitate a FREE public roundtable taking place at the Veteran’s Memorial Leisure Services Center, 101 N. Pavilion Center Drive, Las Vegas 89144. This is a rare opportunity for consumers to ask questions directly of real estate experts all under one roof, regarding their housing options.

Nevada Short Sales – Questions to Ask Your Realtor

October 17, 2011 - (RealEstateRama) -- A short sale transaction is without doubt, the most complicated transaction in residential real estate. Just because a Realtor is experienced, does not mean that he/she is experienced with short sales. Here’s an example which illustrates the importance of hiring the right real estate agent to handle your short sale. If you needed to hire an airplane pilot to fly you across the country, there are literally thousands of licensed and experienced pilots to choose from. Now, let’s take the same example and change the terms. What if the flight was going to be flown over a hostile, enemy country? Would you still want to hire a standard commercial pilot, or would you prefer to fly in an Air Force fighter jet flown by an experienced Top Gun certified pilot armed with the best missles and weapons to deter an enemy threat ?

Nevada Short Sale Expert – Free Help Now

Las Vegas , NV - October 4, 2011 - (RealEstateRama) -- After closing hundreds of short sale properties in Nevada, the biggest question we get asked from homeowners is, “Do I have a hardship and will I qualify for a short sale?” While each person’s financial situation is unique, the fact remains that practically everyone in Nevada is experiencing hardship to some degree. Let’s face it, our homes have lost more than half their value, and our state leads the nation in foreclosures and mortgage defaults.

Popular

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.”

Recent

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.