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Short Sale

Feeling like there is no other option but foreclosure can be an overwhelming experience. There are many ways to lose a home but signing away ownership in a manner that significantly damages credit, embarrasses the family and strips an owner of dignity is one of the hardest. For those who can no longer afford to keep mortgage payments current, there are alternatives to bankruptcy or foreclosure proceedings. One of those options is called a "short sale."

You need help, guidance, and someone who realizes the difficult choices you are facing about your home, your family, and your life. Someone who understands the delicacy of the uneasy situation.

More than half of my sales over the past couple of years were short sales. As a matter of fact over 40% of all the properties currently available for sale in Las Vegas & Henderson area are short sales.

When lenders agree to do a short sale in real estate, it means they are accepting less than the total amount due. Not all lenders will accept short sales or discounted payoffs, especially if it would not make more financial sense to them to foreclose instead; moreover, neither all sellers nor all properties qualify for short sales.

Click here to read more about advantages and possible pitfalls of a short sale or if you are thinking of buying one.

Please know that all communication will be confidential.

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