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Las Vegas, NV - April 11, 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.

Las Vegas, NV - April 10, 2012 - (RealEstateRama) -- We’ve all heard the same story over and over. It’s the story of a family who gets behind on their mortgage payment, and applies for a loan modification to save their home. After waiting many months, the loan modification is denied, and the bank recommends the homeowner do a short sale. While this story may sound quite familiar, there is another story; much more frightening, that is NOT being told.

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?

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 ?

Las Vegas, NV - August 29, 2011 - (RealEstateRama) -- A recent report released by IMS Advanced Realty Data Services named The Myers Team the #1 Short Sale Real Estate Team in Nevada. Number one status was determined by actual short sale listings closed in 2010.

Las Vegas, NV - June 21, 2011 - (RealEstateRama) -- A recent report released by IMS Advanced Realty Data Services named The Myers Team the #1 Short Sale Real Estate Team in Nevada. Number one status was determined by actual short sale listings closed in 2010

Las Vegas, NV - June 16, 2011 - (RealEstateRama) -- A recent report released by IMS Advanced Realty Data Services named The Myers Team the #1 Short Sale Real Estate Team in Nevada. Number one status was determined by actual short sale listings closed in 2010. According to the report, The Myers Team with the Caliber Realty Group has closed more short sale 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.

WASHINGTON, DC - April 18, 2011 - (RealEstateRama) -- The House voted last week to eliminate a mortgage relief program the Obama administration established nearly two years ago to help homeowners avoid foreclosure.