Las Vegas Short Sale Lease Back
Short Sellers Stay In Your Home! Are you a distressed Las Vegas homeowner? Would you like to remain in your home, but eliminate your negative equity? The challenge in completing Short Sales has been that these sales have had the requirement of being an “arms length transaction.” This requirement has kept many homeowners from being able to sell their home at the current market value, when that homeowner is “upside down” in their mortgage. With the new SHARP (Stabilization Home Revitalization Program) was recently designed in an attempt to keep the homeowner in his home. The great news is that homeowners can now stay in their homes, sell the home at current market value, thus eliminating the burden of a mortgage that is far greater than the value of the home. This is great news for Las Vegas distressed property owners!
By selling to a non-profit agency, an “arms length” transaction is not required. This is a new program recently approved by HAFA.
Imagine being able to eliminate the negative equity in your home, keeping your family in your home, avoid foreclosure, reduce the effects of negative credit; and, you can re-purchase your home within the next 3 years at current market value. Basically an investor will purchase your home at current market value and rent it back to you. You can decide during the next 3 years whether to re-purchase your home or continue to rent for that period of time.
Las Vegas Properties offers a FREE, NO OBLIGATION CONSULTATION to explain the details of this program and how it might help with your personal situation. Please call us today at 702-876-3553 or email terrilvp@cox.net. You have nothing to lose and everything to gain by exploring this new program.







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