Las Vegas Properties Blog

Solutions for Las Vegas Homeowners

Las Vegas Homeowners – Are you upside down and owe more than your house is worth?

What if I told you there was a way to keep your house, drastically reduce your debt owed and not damage your credit in the process?   Keep reading – this is not a short sale or loan modification!

Did you realize this… ? ? ?

Many lenders are accepting payoffs at 40 to 50 cents on the dollar… without holding you responsible for the difference!

 Many Las Vegas homeowners are facing the challenges of today’s economy and distressed real estate market.  We work with a company with a possible solution for you! If you’re unable (or unwilling) to keep your upside down mortgage any longer and would like to drastically reduce your loan (without damaging your credit), then you need to know more about some of the residential workouts that are going on “behind the scenes.”  Las Vegas Properties works with an investment group and we specialize in helping upside down home-owners keep their properties. The strategy is simple. Investors purchase your debt at a discount from your current lender and then sell it back to you – saving you thousands from your original debt!   If you have a Jumbo Loan, this program might be your solution!

When I first heard about this, I thought it must be too good to be true.   Once I checked it out, I realized that many banks are ready and willing to accept a fire-sale cash price to get jumbo loan mortgages off of their books!  This program helps homeowners stay in their homes, restructure and lower their debt, lower monthly payments, create future equity, with no damage to credit scores.  If you have considered a Short Sale, or are facing the possibility of foreclosure, this opportunity might be right for you.

This program is not a loan modification and is not a short sale!   For a FREE, NO OBLIGATION consultation, call Terri White, Las Vegas Properties, at 702-379-6627 or email terrilvp@cox.net.

Short Sale Solution

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.