Archives

Las Vegas, NV - February 14, 2011 - (RealEstateRama) -- Las Vegas, Nevada – Last week, Century 21 President and CEO, Rick Davidson announced that The Myers Team with Century 21 MoneyWorld has won the prestigious Centurion Award for 2010.

Las Vegas, NV - February 10, 2011 - (RealEstateRama) -- The number of Nevada homeowners who owe more on their mortgages than their homes are worth took a huge leap in the fourth quarter of 2010. Nevada currently leads the nation in percentage of mortgages underwater, with a full 67 percent of Nevada homeowners upside down in their mortgages. Nationally, one in four US homeowners with a mortgage are underwater, up from 23 percent in the previous quarter, according to a new report from Zillow. Foreclosure moratoriums and falling home prices are to blame

Las Vegas, NV - February 4, 2011 - (RealEstateRama) -- Many Nevada homeowners have tried loan modification; however, loan modifications just don’t work. Remember that until you have equity in your house, all you are doing is renting. That's correct! You are renting from the bank! There is no reason to pay off $300,000 in debt when the home you bought is now worth $150,000 or less. Most experts predict that it will take 10-20 years or more for the Las Vegas housing market to rebound. It makes rational sense to walk away and get a fresh start. Surrendering a home worth half of what you owe is not a failure, it's a business decision.

Las Vegas, NV - February 2, 2011 - (RealEstateRama) -- We have all heard the same story over and over. It’s the story about a family who gets behind on their mortgage payment, and applies for a loan modification to try and save their home. After waiting many months, the loan modification is denied, and the bank recommends that the homeowner do a short sale.

Las Vegas, NV - January 28, 2011 - (RealEstateRama) -- Who says that history doesn’t repeat itself? In September 1929, the Secretary of the Treasury, Andrew W. Mellon made the following announcement, “There is no cause to worry. The high tide of prosperity will continue.” One month later, Wall Street experienced the most devastating stock market crash in the history of the United States. The crash signaled the beginning of the 12 year Great Depression that affected all Western industrialized countries.

Las Vegas, NV - January 18, 2011 - (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.

Las Vegas, NV - January 17, 2011 - (RealEstateRama) -- http://www.youtube.com/watch?v=IIl62k7Qyyo - 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.

Las Vegas, NV - January 11, 2011 - (RealEstateRama) -- 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.

Las Vegas, NV - January 10, 2011 - (RealEstateRama) -- Nevada Real Estate Agents will soon notice major changes to the short sale approval letter issued by Bank of America. Bank of America has changed the verbiage of their standard short sale approval letter, deleting verbiage referring to the bank’s right to pursue a defiency judgement against a homeowner.

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.”

January 3, 2011 - (RealEstateRama) -- The Ballen Group, A team of Las Vegas Short sale Specialists, uses a comprehensive Short Sale System for Nevada Short Sales leading to Bank of America Short Sale Approval waiving the deficiency for the seller.

Las Vegas, NV - December 9, 2010 - (RealEstateRama) -- Last week, The Myers Team officially announced the addition of Deanna Collins to their team of Nevada Short Sale Experts. Ms. Collins was named an "authorized short sale lender" by Francoise Myers, owner of The Myers Team.

Las Vegas, NV - December 3, 2010 - (RealEstateRama) -- Lori Ballen of Keller Williams Realty Las Vegas Real Estate creates Dynamic Team of Las Vegas Real Estate Agents offering Buyer Services and Seller Services including Las Vegas Short Sales.

Las Vegas, NV - November 26, 2010 - (RealEstateRama) -- The Ballen Group, Does it Again! 3 More CLOSED Las Vegas Short Sales in Nevada. Las Vegas Short Sale Specialists with Keller Williams Realty Las Vegas. The Ballen Group, Las Vegas Short sale Agents who use a comprehensive Las Vegas Short Sale System, have closed three more Las Vegas Short Sales saving Nevada Homeowners from Foreclosure.

Las Vegas, NV - November 25, 2010 - (RealEstateRama) -- In mid-November, the Real Estate Division brought four cases against broker-salesperson Kathleen Tinaglia to hearing before the Real Estate Commission. The cases involved a total of eight transactions in which Tinaglia represented the buyers in the purchase of Nevada real estate. The transactions occurred during the time when Tinaglia was a licensee under broker Eve E. Mazzarella of Distinctive Real Estate & Investments, Inc.