Homeowner Short Sale

You have a financial obligation to a lender or mortgage company that must be taken care of in order to sell your house. A Las Vegas Short Sale occurs when the net proceeds of the sale are less than what the owner owes on the mortgage.

Las Vegas Short Sale Process
The bank or mortgage company that holds the note on your house makes the final decision on the price, terms and time line of a Las Vegas short sale. RE/MAX CENTRAL has trained specialists who specialize in short sales and we have contacts with most lenders and will work closely with them to facilitate a short sale.
Step One: Verify the value of your property with RE/MAX CENTRAL – we know the market and can help you set up an estimate of your property’s value.
Step Two: We will help you add up all the cost variables involved in selling your property and total all outstanding loans held against the property.
Step Three: We will assist you with coming up with final numbers by subtracting the total amount owned for the property or home from the projected proceeds of your Las Vegas Short sale.
Step Four: We now have the necessary background information that will be the basis of a conversation with the lender – we will help you contact them to review your situation.
Step Five We need to get a sense of the lender’s interest in working with us on a Las Vegas Short Sale – most will accept a short sale, as it is in their best interest to do so.
Step Six: We will work with a network of investors that we have relationships with who may buy your property immediately and/or we will begin to aggressively market your property to ensure a quick sale.

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