las vegas short sale: Reasons to Short Sell Rather than Foreclose in Las Vegas - 03/16/14 04:45 AM
Reasons to Short Sell Rather than Foreclose in Las Vegas Introduction to the Las Vegas Short Sale (Call 702.482.7739 Anytime)
Befitting its name, a Las Vegas short sale means that a home is expected to be sold for a sum that falls short of the outstanding debt secured using liens placed on said home. In most cases, people short sell their homes because their finances can no longer bear up under the burden of home ownership, which should remind most readers of the process of foreclosure. However, in contrast to foreclosure which sees the lender pushing the sale of the home … (0 comments)

las vegas short sale: Las Vegas Short Sale Buyer and Seller Beware - 02/22/14 07:56 AM
Las Vegas Short Sale Buyer and Seller Beware
Get help by calling 702.482.7739  Are you a prospective homebuyer looking to buy a home in Las Vegas? Is now the best time to save more by buying a home that is at risk of being foreclosed? As the Las Vegas Real Estate market experiences unprecedented slowdown, many homeowners are faced with an option of short selling their homes to avoid eminent foreclosure. On the other hand, potential buyers are at risk of losing most of their money because of seemingly lucrative bargains of the moment. Therefore, as an inexperienced buyer, it pays to find out more … (0 comments)

las vegas short sale: 2014 and The Las Vegas Short Sale Process vs. NV Foreclosure - 01/18/14 07:21 PM
2014 and The Las Vegas Short Sale Process vs. NV Foreclosure
Known as the city of Sin, Las Vegas is one of the most active cities across the United States. With its own unique flair of casinos, world renown shows, and excellent clubs, Vegas also has an economy that is typically booming. For some, during the recession, the economy in Las Vegas changed, never to return to its former glory. This caused a large number of foreclosures in the city. In 2013, Las Vegas had the ninth highest foreclosure rate for metropolitan cities in the U.S. Nevada goes back and forth … (0 comments)

las vegas short sale: Proactive Homeowners Sometimes Prevent a Las Vegas Foreclosure - 12/05/13 04:38 AM
 Proactive Homeowners Sometimes Prevent a Las Vegas Foreclosure
http://www.TheBallenGroup.com | 702.482.7739 | Las Vegas Real Estate Specialists
 
Note: At time of this blog posting, there were 407 Single Family Las Vegas Foreclosures for Sale in Las Vegas with no contracts accepted.
 

Even though national foreclosure rates have continued to drop, the threat of becoming another Las Vegas foreclosure statistic is still very real for some Nevada homeowners. It’s at least somewhat reassuring to understand that most banks don’t really want a foreclosure — so for homeowners who take an early proactive approach with their lender, losing their home does not have to be … (0 comments)

las vegas short sale: Fact or Fiction? Las Vegas Short Sale Myths BUSTED by Lori Ballen - 11/24/13 07:26 AM
Fact or Fiction? Las Vegas Short Sale Myths BUSTED by Lori Ballen

A Las Vegas short sale is when a bank agrees to accept less than the total amount owed on a mortgage. Short sales are given to people so the bank will not to foreclose on the property. You have to qualify in order to obtain a short sale approval. In order to obtain a short sale your house must be worth less than what you owe on it. You are also going to have to prove you have a real financial hardship.
There are some misconceptions when it comes to short … (0 comments)

las vegas short sale: Could a Las Vegas Short Sale be Right for you? - 11/17/13 08:18 AM
Could a Las Vegas Short Sale be Right for you?
If you want to enter the Nevada Real Estate market, are looking for great deal on a home, and have a knowledgeable Las Vegas real estate agent, consider buying a home being sold as a short sale. 

The term “short sale” means that a property owner is selling for less than what is owed because their mortgage is in danger of default.  A mortgage lender or bank has agreed to this discount to avoid the expense of foreclosure on the home.  Unlike foreclosures, the bank does not own the property.  However, the … (0 comments)

las vegas short sale: THE LAS VEGAS SHORT SALE, an alternative to a foreclosure. - 10/27/13 01:25 PM
THE LAS VEGAS SHORT SALE, an alternative to a foreclosure. 

** Get help at any time by calling 702.482.7739 to speak with a Las Vegas real Estate agent who specializes in Las Vegas Short Sales
 

When the borrower can no longer make the mortgage payments as agreed, he is faced with many decisions. One is to allow the lender to foreclose. Another is to get the lender to agree to accept a payoff of less than the balance owing on the loan. To understand short sales, one must first understand foreclosures. 
Do I want to do a LAS VEGAS SHORT … (1 comments)

las vegas short sale: Clark County Nevada sees largest NOD for foreclosure filing in 1 day - 10/02/13 05:43 AM
Clark County Nevada sees largest NOD for foreclosure filing in 1 day
Landslide of Default Notices in Las Vegas before Senate Bill 321 inacts
 
As the new law regarding Nevada foreclosure law was looming (Senate Bill 321), the banks created landslide of filings  to foreclosure on homeowners in Las Vegas that were delinquent on their mortgage payments. 
 

 
 
There were 934 notices of default filed on Monday in Clark County, Las Vegas.According to LV Default, a Las Vegas research firm, this was the single largest day of default notice filing in the area. The Notice of Default … (0 comments)

las vegas short sale: What you need to know about a short sale in Las Vegas, Nevada - 08/03/13 10:41 AM
What you need to know about a short sale in Las Vegas, Nevada
by The Ballen Group of Keller Williams Realty, Short Sale Specialists
GET SHORT SALE HELP RIGHT NOW - by Calling 702.482.7739

If you have ever seen an offer for a home on a Las Vegas short sale and wondered what that was, look no further. You will walk away from this with a good working knowledge of what it is, why it's important to use a short sale specialist, the government programs that are available to you, and which banks you should be dealing with.

A short sale is when … (0 comments)

las vegas short sale: What You Need To Know When Buying A Las Vegas Short Sale - 06/06/13 12:51 PM
What You Need To Know When Buying A Las Vegas Short Sale
by The Ballen Group, Las Vegas Short Sale Specialists
 
When looking to purchase a home or an investment property many buyers will simply browse through the Las Vegas Multiple Listing Service (MLS) offerings or rely on a Nevada real estate agent to hone in on a property that meets their needs and desires. This is all well and good; however there are other options out there which may not show up in such searches.
 

Nevada Homeowners who are no longer able to meet their monthly mortgage obligation are often cornered - unable … (0 comments)

las vegas short sale: Testimonial from Mr. Collins | Las Vegas Short Sale in Nevada - 05/19/13 04:20 PM
Testimonial from Mr. Collins | Las Vegas Short Sale  
by The Ballen Group, Las Vegas Short Sale Specialist Team at Keller Williams Realty http://www.NevadaShortSaleServices.com 702.482.7739

"After making the decision to sell our home as a Las Vegas short sale I researched a number of options to assist with the process.  I selected The Ballen Group after reviewing various companies.  I can honestly say that I have been extremely pleased with this decision and my wife was also impressed with the way Tom Wirt has handled this from beginning to end. 
I strongly recommend The Ballen Group to handle a short sale in Las Vegas." … (0 comments)

las vegas short sale: Las Vegas Short Sale Specialist and the Notice Of Default - 05/18/13 10:22 AM
 
 
Las Vegas Short Sale Specialist and the Notice Of Default by Las Vegas Short Sale specialists in Nevada at Keller Williams Realty 
 
NOD - THE NOTICE OF DEFAULT - Clark County Nevada 
 
Definition: Lienholders (Mortgage Lenders) file a document in Clark County where the house is located. This public notice is called the Notice of Default, also referred to by real estate agents as the NOD. In Nevada, the Notice of Default is not attached to the home physically (like a scarlet letter) as it is in other states. Here it is served to the borrower and posted in … (0 comments)

las vegas short sale: Call 702.482.7739 to speak with a Las Vegas Short Sale Specialist - 04/26/13 04:51 PM
Call 702.482.7739 to speak with a Las Vegas Short Sale Specialist | http://www.ShortSaleinNevada.com
 
Las Vegas, NV  - The Ballen Group, a top team of Las Vegas Short Sale Specialists under the brokerage Keller Williams Realty Las Vegas has put together a comprehensive Las Vegas Short sale system for sellers.
 
Nevada Homeowners who are facing Las Vegas foreclosure can request a Las Vegas Short Sale Agent, Henderson Short Sale Agent, or North Las Vegas Short Sale Specialist to consult with them about their needs. 
 
In addition, The Ballen Group has created a custom hardship package allowing the homeowner to complete the … (0 comments)

las vegas short sale: Price Reduced on Las Vegas Home For Sale in Viking Estates! - 04/16/13 02:05 PM
Price Reduced on Las Vegas Home For Sale in Viking Estates! http://www.BallenGroupHomes.com 702.604.7739
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las vegas short sale: Las Vegas Real Estate Agent Team having FUN in Summerlin, Nevada - 03/22/13 12:56 PM
702.604.7739 Buyer Specialist 702.482.7739 Seller Specialist http://www.TheBallenGroup.com
 
The Las Vegas Real Estate Market does not have to be stuffy. At The Ballen Group, We believe having fun is as important as hard work is. Our motto is to work hard and then play harder. We take our clients real estate transaction very seriously. But when the transaction is complete, we celebrate. We live our lives and run our business through joy and team work. Looking to get a Nevada Real Estate License, Change Careers, or Find a New Home for your Real Estate Business in Las Vegas? Contact The Ballen Group for … (0 comments)

las vegas short sale: Short Sale Testimonial - The Ballen Group Helps A Seller in Las Vegas - 12/11/12 04:41 PM
 

HELPING LAS VEGAS HOMEOWNERS MAKE TOUGH DECISIONS

 
Testimonial from another satisfied short sale client:

Deciding to short sale your home is never an easy one to make, but Keller Williams Realty The Ballen Group really made the process as smooth as possible. Tom Wirt, the specialist took time to clearly explain the process and was there to answer all of my questions. We communicated via phone, text and email which meant that accessibility was never a problem. For those of you who are considering a short sale, I will tell you that it does take a … (0 comments)

las vegas short sale: The Ballen Group has just closed another Bank of America Short Sale - 10/01/12 02:14 PM
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las vegas short sale: Upside Down Mortgage in Las Vegas? A Las Vegas Short Sale may be an option. - 09/28/12 09:48 AM
702.482.7739 - http://www.shortsaleorstaymath.com - Las Vegas Short Sale Agent - Upside Down Mortgage in Las Vegas?
 
 

 
A short sale is a sale of real estate in which the proceeds from selling the property will fall short of the balance of debts secured by liens against the property. In addition, the property owner cannot afford or chooses not to repay the liens full amounts.
Therefore, the lien holders agree to release their lien on the real estate and accept less than the amount owed on the debt. Any unpaid balance owed to the creditors is known as a deficiency.
Short sale agreements do not … (0 comments)

las vegas short sale: The Ballen Group Help Client Get $23,000 Cash Bonus From Short Sale - 09/26/12 10:18 AM
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las vegas short sale: Should I Short Sale My Home? Get Answers Now! - 09/26/12 09:50 AM
Short Sale Your Home in Nevada or Stay? Many homeowners are asking themselves a very difficult question, "Do I short sale my home or stay and tough it out?" To make the best decision for you, your family, and your future, it is important to have all of the information in front of you. Because the consequences of this decision are very often unknown, we've created a tool to give a glimpse at the potential future based on your decision to short sale or stay and tough it out. Please, check out our Short or Stay Calculator. You can view it … (1 comments)

 
Lori Ballen, CVO, Chief Visionary Officer / Ballen Companies (The Ballen Companies, TBG, TBM, ASAN) Rainmaker large

Lori Ballen

CVO, Chief Visionary Officer / Ballen Companies

Las Vegas, NV

More about me…

The Ballen Companies, TBG, TBM, ASAN

Address: 3090 S. Durango #100, Las Vegas, NV, 89117

Mobile: (702) 604-7739

Office: (702) 463-6400

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