Tony Braxton Loses Las Vegas Home to Foreclosure

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Las Vegas, NV – March 1, 2011 – (RealEstateRama) — Toni Braxon’s Las Vegas home recently sold as a foreclosure, according to Clark County Records.  Toni Braxton, a six-time Grammy winner and her husband Keirston Lewis purchased their Las Vegas home in Henderson, Nevada, for $2.6 million three years ago. Their home was recently foreclosed upon and sold as a bank owned property on September 17, 2010 for $1,060,000.   The two-story home was built in 2002 features four fireplaces, a pool, spa and a three-car garage. The 5,337-square foot home also has built-in bookcases, a wine refrigerator, a swimming pool, and a balcony overlooking the hill and mountain views.

Once a home is foreclosed upon by a bank, the sale information becomes public information.  The embarrassing details of Ms. Braxton’s foreclosure can now be found all over the internet.  If you are a Nevada homeowner in distress, and wish to avoid public exposure like Ms. Braxton has received, please contact The Myers Team with Century 21 MoneyWorld.  The Myers Team is Nevada’s Luxury Home Short Sale Experts. They will conduct a short sale on your property with complete confidentiality and privacy, avoiding media exposure.

The Myers Team is nationally recognized as one of the most influential figures in real estate today.  A recent report released by IMS Advanced Realty Data Services on January 10, 2011 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. Additionally, a report released on January 15, 2011 by the Century 21 Corporation, showed The Myers Team as the #1 Short Sale Realtors in the Southwest United States.

According to Bill Myers, owner of The Myers Team, “If you are the owner of a Luxury Home in Nevada who is upside down in your mortgage, there has never been a better time to do a short sale. The reason to do a short sale is to minimize damage to your credit and avoid being sued by your bank. While some Luxury homeowners have been confused regarding the legal ramifications of short sales, most major banks are now waiving their right to pursue deficiency action against Nevada homeowners in short sale approval letters.”  A deficiency judgement is a lawsuit which a bank may file against a homeowner whose mortgage foreclosure sale did not produce sufficient funds to pay off the loan in full.

The Myers Team is ranked the #1 Short Sale Team in Nevada.  In 2010, they closed more short sale listings than any Realtor or Broker in Nevada.

For additional information, please visit http://www.NevadaShortSaleInfo.com

Click link below to view Toni Braxtons foreclosed home on Realtor.com
http://www.realtor.com/realestateandhomes-detail/1274-Imperia-Dr_Henderson_NV_89052_M25667-27026

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