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A Las Vegas Short Sale occurs when a bank agrees to take less than what is owned on a home/property. It’s a win/win for all parties, the seller salvages some of their credit, the buyer/investor gets a good deal and the bank doesn’t have to take possession of the home and foreclose on the owner.
According to the MLS data about 39 percent of total number of listings are bank owned…
A Las Vegas Certified Distressed Property Expert is a Las Vegas Realtor who has taken the time and spent the money to obtain the necessary certification so they are trained to understand how to help distressed homeowners who may be facing or contemplating a Las Vegas Foreclosure.
Avoiding a Las Vegas Foreclosure
The alternative to a Las Vegas Foreclosure is a Las Vegas Short Sale – a “short sale” occurs when a specific piece…