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A Las Vegas Short Sale is a specialized sale that enables a homeowner to sell a home for less than what they owe on it, while they are in the home. The short sale enables the homeowner to avoid the stigma of having a foreclosure on their credit record and in some cases avoid bankruptcy.
Las Vegas Short Sale From Bank’s Perspective
From the bank’s perspective a Las Vegas Short Sale is simply a negotiated settlement…
We have an informative page on our web site about a Las Vegas Short Sale but we think it’s important to publicize and educate investors and potential homeowners about this type of a specialized real estate transaction.
Las Vegas Short Sales are increasing as more and more homeowners are “underwater” on their homes (owe more than its appraisal value) and banks are so busy dealing with foreclosures they are becoming more receptive to…
We believe the real perspective about Las Vegas Real Estate is not always being conveyed accurately, as much of our media likes to focus on the negative and not on the positive issues that help to make up the bigger picutre.
Here are some statistics that you will not see in most publications or news shows: