• Address: 7670 W. Lake Mead, Las Vegas, NV 89128 (map)
• Date Posted: 09/22/09

Las Vegas Short Sale Agents offer Las Vegas Short Sale Help - Handbook

Request your Las Vegas Short Sale Hand Book for Sellers Today!
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Written by Lori Wekerle (Formally Ballen) - Realtor & Internet Manager for Coldwell Banker Wardley and the team of Las Vegas Short Sale Specialists



Coldwell Banker Wardley Las Vegas Real Estate releases first edition Las Vegas Short Sale Handbook


Coldwell Banker Wardley Las Vegas Real Estate and it’s Short Sale Specialist team of agents, has put together a comprehensive Las Vegas Short sale handbook for sellers. Homeowners who are facing Las Vegas foreclosure can request a Las Vegas shor tsale (also known as a Las Vegas pre foreclosure) manual to be emailed or mailed to their residence. The Las Vegas shortsale manual is not available to Las Vegas Short Sale agents or homeowners that are currently listed with a Las Vegas Real Estate agent. A second release will be made available sometime next year that will provide Las Vegas short sale real estate agents a “how To book” for Las Vegas short sales.

Many Las Vegas mortgages now exceed the fair market value of the home. Negative equity has become an increasing problem for the nation, but is excessive in Las Vegas. With the prices of Las Vegas homes decreasing, and the interest rates on previous subprime loans increasing, many Las Vegas home sellers have no choice but to negotiate with the bank to take less (also known as a “short”) on the sale of the property. The seller proves a hardship to the bank which could include divorce, loss of income, health issues and other various situations proving the monthly mortgage payments are impossible for the homeowner to pay. The home owner hires a Real Estate Broker, such as Coldwell Banker Wardley Las Vegas Real Estate (and their short Sale team) to sell their home and negotiate the sale with the bank.

The Short Sale Team lists the property the same as they would with any other property. It is marketed on the internet, television, mail outs, magazines and more. (The Real Estate commissions are paid to the Brokerage by the bank upon closing the sale.) The agent then receives offers and presents them to the seller. Once an offer is chosen, it is submitted to the short sale lender for approval. The entire process takes 90-180 days on average and saves the homeowner from foreclosure (if the bank approves the short sale).

The Coldwell Banker Wardley short sale team is comprised of talented, honest and ethical people including buyers agents, listing agents, transaction coordinators, a marketing department, and a buyer lead generation department headed by Lori Ballen. The Brokerage has been very successful marketing & selling Las Vegas Real Estate and helping home sellers Valley wide. They hold a high standard for the agents, and run a professional, honest and ethical practice at all times.

Visit our Las Vegas Short Sale Frequently Asked Questions. For additional information on starting your Las Vegas Short Sale, Call 702.604.7739, email lori.wekerle@gmail.com, or visit Las Vegas Short Sale Specialists

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