John MontesRealty ONE Group - Summerlin10750 W. Charleston Blvd., Suite 180Las Vegas, NV89135Ce: 702-477-5875Fx: 702-360-6770
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Web: www.johnmontesLV.comWhy should I consider a Short Sale?
- A short Sale will help you avoid Foreclosure and Bankruptcy
- A Short Sale will reflect as a "Paid in full for less than full balance" instead of a still deliquent account
- A Short Sale can save some of the embarrassment and stress of a Foreclosure
- A Short Sale will stop any collection activity or foreclosure action as soon as you start the process
Who pays my Realtor in a Short Sale?
All Realtor commissions and escrow fees are paid in full by your bank. Financial institutions save thousands of dollars when you do a Short Sale because they will avoid paying expensive lawyer's fees to foreclose your home.
How long will it take me to Short Sale my property?
Most banks take aproximatelly 20 to 45 days from the time an offer has been accepted by the owner to issue a Short Sale approval letter.
The success of a Short Sale depends on you and your Realtor.
An experienced Short Sale agent will inform you of the market trends and the changes in prices around your area, so your property remains competitive.
Responsiveness is a must in a Short Sale process. Banks want home owners and Realtors to be deligent will all the paperwork necessary to complete the process.