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Las Vegas, NV - April 22, 2013 - (RealEstateRama) -- One of the most common questions we're asked is, "Can I stay in my home after the short sale is complete?" Many Realtors and even some Attorneys claim they can sell your home to an investor (i.e. Cash Buyer, Hedge Fund Buyer, Non-Profit Buyer etc.) who will allow you to "lease back" your home as "tenants" after the short sale is finalized...or possibly "Buy It Back" after three years. Who wouldn't want to take advantage of an opportunity like this? Staying in your home would avoid the inconvenience of moving, costly moving expenses, etc. This seems like an attractive solution, however, is it really an option? Is there a catch?

Las Vegas, NV - February 4, 2013 - (RealEstateRama) -- Why is Fannie Mae countering short sale offers so high above market value? For the past few months, short sales with Fannie Mae as the investor are being countered by banks 20 to 30 percent (average) above fair market value. Is this the banks fault? Not necessarily. Banks servicing short sale files with Fannie Mae as the investor must follow the guidelines set forth by Fannie Mae.

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 - February 9, 2012 - (RealEstateRama) -- The Ballen Group just closed a Short Sale with Wells Fargo for a property on the street: CAPE VERDE in Las Vegas Nevada. There were two Lien Holders, AHSMI, and Wells Fargo which was a HELOC. The property was originally listed for $198,969 and sold for $150,000 cash with no closing costs or contributions from the bank. It took 53 days from accepted offer to approval and the seller was waived of any deficiency pursuit.

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.

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 - 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 - October 29, 2010 - (RealEstateRama) -- Sean Bahr has an extensive background in Customer Service and is great with people. Sean is always warn and friendly and wears a smile from ear to ear. Formally with Coldwell Banker Premier in Las Vegas, Sean brings a vibrant energy to this team of "go - getter" experienced Nevada Short Sale Agents at Keller Williams Realty Las Vegas. “We are truly lucky to have Sean Bahr join us here at Keller Williams Realty Las Vegas ,” says The Ballen Group Leader Lori Ballen. “Keller Williams Realty offers its associates unparalleled career growth and lifelong learning opportunities in the real estate industry. We know that Sean will be a great fit and that it is our customers who will truly benefit from him joining us.” “We love Keller Williams Realty because of its reputation for integrity and its agent-centric business model,” says Lori Ballen, “We want to continue to grow our real estate business, and Keller Williams Realty Las Vegas is providing what we need to rea ch our goals.”

Las Vegas, NV - September 7, 2010 - (RealEstateRama) -- The Ballen Group, a top team of Las Vegas Short Sale Specialists under the brokerage Coldwell Banker Wardley Las Vegas Real Estate 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, Coldwell Banker Wardley has created a custom hardship package allowing the homeowner to complete the documents required by the bank to ease the process. Although The Ballen Group never encourages a Las Vegas Short Sale, many homeowners in Las Vegas and surrounding areas are facing true hardships that force them to attempt a Short Sale rather than face Las Vegas Foreclosure

Las Vegas, NV - August 30, 2010 - (RealEstateRama) -- Richard Ballen, Las Vegas Short sale Specialist uses comprehensive Las Vegas Short Sale System for Las Vegas, Henderson, and North Las Vegas Short Sales leading to Bank of America Short Sale Approval waiving the deficiency for the seller