Have you been wondering where did all the foreclosures go here in Las Vegas? Well they did kind of disappear for a while. Banks have been holding on to properties for a very long time and are now starting to release them. It really does sadden me to see houses left unattended for years. I have been helping people buy and sell properties for a very long time here in Las Vegas and have helped so many people short sale their homes. It really is unbelievable how the whole process works. Depending on the bank, how many loans on the property, is there a hardship? Many, many variables are a part of what happens to a property during a short sale and or foreclosure. Some banks are so much easier to work with than other banks. There’s not a lot to be excited about when you are dealing with having to short sale or being foreclosed on. I have helped many families successfully close on a short sale.
Now that the foreclosures are making a comeback I am hoping these houses will be sold at a fair price and banks cooperate well. As you all know, in a short sale and foreclosure sale the bank has the final say-so in the decision on the sales price. If there are two banks or more involved in a short sale, you have to hope those two institutions will cooperate together.
If you are moving or ready to buy please give me a call or text. Or, come by my office. Send me an e-mail. I look forward to helping you and making your Real Estate transaction as enjoyable as I can. Enjoy your day/night. Until next time. Peace out. Penny