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.

YOU HAVE OPTIONS!

If you are a Las Vegas homeowner who is facing the possibility of Foreclosure, you should not that YOU HAVE OPTIONS!

Have attorneys promised you a LOAN MODIFICATION, or tried to convince you to declare BANKRUPTCY?  Have consultants promised to negotiate a SHORT SALE for you?  Are you frustrated, and concerned that the clock is still ticking, and that might still lose your home to foreclosure?  You should be concerned!

 A Short Sale might be the right solution for you. I am a Real Estate Broker with more than 20 year’s experience in Las Vegas.  I am a Certified Distressed Property Expert who understands the complex issues confronting the real estate industry today. You owe it to yourself to explore your options and to improve your family’s financial situation. 

 Here are some of the mistakes made by homeowners facing foreclosure:

Mistake #1 – DOING NOTHING – Fewer options become available as you wait

Mistake # 2 – THINKING THAT A LOAN MODIFICATION IS YOUR ONLY SOLUTION – very few homeowners qualify for a loan mod; 65% of all loan modifications are in default again within 12 months

Mistake # 3 – NOT UNDERSTANDING YOUR RIGHTS AS A HOMEOWNER –

Nevada is a non-judicial foreclosure state; you have legal rights that can help you find a solution

Mistake # 4 – NOT UNDERSTANDING TAX, CREDIT AND DEFICIENCY IMPLICATION

Email terrilvp@cox.net to order my FREE REPORT, “10 MISTAKES YOU CAN’T AFFORD TO MAKE WHEN FACING FORECLOSURE.”

A SHORT SALE might be a good option for you.

MINIMIZE DEGRADATION TO YOUR CREDIT SCORE

PRESENT A SOLUTION TO YOUR LENDER THAT WILL AVOID ADDITIONAL COSTS AND LENGTHY DELAYS

HELP TO MINIMIZE YOUR DEBT OBLIGATIONS

AVOID DECLARING BANKRUPTCY

ALLOW YOU TO PURCHASE ANOTHER HOME WITHIN 2 YEARS

CONTINUE TO LIVE IN YOUR HOME DURING THE MARKETING AND SELLING PROCESS

 I offer a FREE, NO OBLITATION CONSULTATION to help you determine your eligibility for a Short Sale.  For more valuable information, visit my website,

http://www.shortsaleconsultantsofnevada.com/  or call me at 702-379-6627. 

Las Vegas Homes

During the recent real estate “slump,” Las Vegas homeowners are taking the opportunity to renovate and spruce up their homes!  Rather than trying to sell at today’s low prices, and instead of buying a new home, Las Vegas has seen a surge of renovations and remodeling projects.  Both interior and exterior projects have generated great business for home improvement stores and contractors.  One of my favorite business partners, ProSource, has helped homeowners to create new and unique decor in their Las Vegas homes. 

ProSource provides my clients with some great and innovative design options when they are considering remodeling their homes.   And they always share interesting and important information about their products, which help homeowners with their design selections.

Leo Cuellar recently visited ShawFloors.com and thought you would enjoy this article: Carpet Myths. Shaw has the expertise and information to help you find floors that fit your home and your life.  If you would like to receive information about new products, please email me at terrilvp@cox.net and I’ll make sure that Leo sends info your way!  If you are thinking of selling your home, or buying another home or investment property, please contact me at Las Vegas Properties, or call me at 702-379-6627, or email terrilvp@cox.net.

I love Las Vegas businesses with innovative ways to provide the best services and best prices to my real estate clients!  I have discovered a unique company, ProSource Wholesale Floorcoverings!  ProSource offers endless design options for every budget.  From floorcoverings to kitchen and bathroom design services, the ProSource Showroom offers more than 25,000 flooring options – carpet, porcelain, tile, natural stone, hardwood, custom rugs, trim, accent pieces…….to name just a few!

I work with many clients who are purchasing new homes in Las Vegas, remodeling existing homes or renovating recently purchased investment properties.  I meet my clients at ProSource, where they get great ideas from my consultant, Leo Cuellar.  It’s a “win-win” for everyone – great products, best pricing and actually a fun buying experience!

 Watch in the upcoming months for some exciting new products and ideas for your Las Vegas homes.  If you would like more information about ProSource and how we can help you with your Las Vegas homes and investment properties, contact us at www.lasvegasproperties.com or email terrilvp@cox.net.

PRO SOURCE PRODUCTS

The Las Vegas market has been the leading foreclosure market in the country for more than 2 years!  As VP/Broker for a major REO brokerage, my staff sold more than 500 REO assets since 2009, and we are seeing a major shift in this market.  The most active market for brokers, sellers and buyers in Las Vegas is definitely the Short Sale market!  This is not one to be taken lightly, and these transactions are not as easy and quick to close as the government has indicated.   But, with almost every homeowner wanting to sell is facing “negative equity,” this is definitely the niche for me!  Las Vegas statistics show that buyers are more reluctant to purchase REO/Bank Owned properties today.  Many buyers are unwilling to participate in a multiple offer situation,  Las Vegas investors are unwilling to wait for the “30 First Look Policy,” while others buyers have found that the condition of REO homes do not warrant the price paid for a property in need of repair or renovation.  If you are an buyer wanting to purchase either your own home, or if you are looking for Las Vegas investment properties, I might suggest looking at Short Sales.  Be sure to engage the services of a Broker who is experienced and trained to handle these transactions.  I am a Certified Distressed Property Expert (CDPE)  with the experience and knowledge to represent both Short Sale Sellers and Short Sale Buyers.  For more information, please call me at 702-379-6627 or email terrilvp@cox.net for a complimentary copy of my Short Sales Made Easy report.