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Las Vegas, NV - January 14, 2012 - (RealEstateRama) -- As part of the fiscal cliff deal, the Mortgage Debt Forgiveness Act of 2007 has been extended for one more year and will now expire on December 31, 2013. The relief act's extension was seen as vital to the recovering housing market. Under normal circumstances, debt forgiven as a result of a short sale or mortgage modification would count as income for tax purposes. For instance, if somebody owes $250,000 on their mortgage and their lender agrees to a $200,000 short sale, $50,000 in debt is forgiven. This would have been taxable without an extension of the law.

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.

Las Vegas, NV - March 8, 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.

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.

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

Las Vegas, NV - July 7, 2011 - (RealEstateRama) -- The Ballen Group, Las Vegas Short sale Agents who use a comprehensive Las Vegas Short Sale System, have closed another Las Vegas Short Sale saving the Nevada Homeowner from Foreclosure. The Ballen Group, A Las Vegas Short Sale Specialist Team, known for their Las Vegas Real Estate experience in Short Sales, have just closed another Short Sale in Nevada. Using their comprehensive Short Sale System, The Ballen Group is able to handle a large volume of short sales and accomplish the goal at hand, to close the short sale.

Las Vegas, NV - June 14, 2011 - (RealEstateRama) -- The Ballen Group, Las Vegas Short sale Agents who use a comprehensive Las Vegas Short Sale System, has closed another Las Vegas Short Sale saving the Nevada Homeowner from Foreclosure.

Las Vegas, NV - March 31, 2011 - (RealEstateRama) -- The Ballen Group, Las Vegas short Sale Specialists of Nevada, win top honors for production in February listings for Short Sale Homes in Nevada using their Comprehensive Short Sale System.

Las Vegas, NV - March 15, 2011 - (RealEstateRama) -- The Ballen Group, Las Vegas Short sale Specialists use a comprehensive Short Sale System for Nevada Short Sales leading to Greentree Short Sale closing for another Nevada Home Owner

Las Vegas, NV - March 3, 2011 - (RealEstateRama) -- The Ballen Group, a local team of award winning short sale agents in Nevada, who have been specializing in Nevada Short Sales for several years now, have completed a very difficult Las Vegas Short Sale with Chase Bank for the property on Fine Fern in Silverado Ranch. The Bank took a short payoff as the property sold for $84,900 and was originally purchased for over $200,000. The entire process took 92 days from listing to close although The Ballen Group notes that short sales vary on time with each bank, buyer, and seller

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 - August 16, 2010 - (RealEstateRama) -- The central document in the Short Sale package that will be submitted to the mortgage lenders that will be taking a loss in the Hardship Letter. The Hardship Letter provides the homeowner with an opportunity to state their case as to why they can no longer afford to make their mortgage payment