Overview
Las Vegas short sale is a real estate transaction where a homeowner is facing hardship and gets permission from a bank to sell their property for less than they owe on the mortgage. If your house in Las Vegas, NV is worth less than what you owe on the home loan, a short sale maybe your best alternative to foreclosure. Short sale requires a unique set of skills for a real estate agent and the short sale approval can very much depend on how your agent negotiates with the lender and buyer. Our short sale team has a high success rate on approvals from the banks and closed short sales in Las Vegas 88901, 88905, 89101, 89102,89104, 89106, 89107, 89108, 89109, 89110, 89116, 89117, 89124, 89125, 89126, 89127, 89128, 89129, 89130, 89131, 89133, 89134, 89136, 89137, 89138, 89143, 89144, 89145, 89146, 89147, 89149, 89151, 89152, 89153, 89155, 89157, 89161, 89162, 89163, 89164, 89166, 89185, Henderson, North Las Vegas, Paradise, Spring Valley, Sunrise Manor, Enterprise, Whitney, Winchester, and Summerlin, Nevada. Short sale Las Vegas only happens when there is an outright warranty that the money worth of your home can not increase in the future. In order to avoid the risk of a full loss, the bank typically accepts the decreased amount of short sale.