Las Vegas Real Estate Team Closes Another Bank of America Short Sale in Las Vegas, Nevada on Bonita

Las Vegas, NV, March 06, 2012 --(PR.com)-- The Ballen Group, a top team of Las Vegas Short Sale Specialists under the brokerage Keller Williams Realty Las Vegas has put together a comprehensive Las Vegas Short sale system for sellers. Homeowners who are facing Las Vegas foreclosure can request a Las Vegas Short Sale Agent, Henderson Short Sale Agent, or North Las Vegas Short Sale Specialist to consult with them about their needs. In addition, The Ballen Group has created a custom hardship package allowing the homeowner to complete the documents required by the bank to ease the process. Although The Ballen Group never encourages a Las Vegas Short Sale, many homeowners in Las Vegas and surrounding areas are facing true hardships that force them to attempt a Short Sale rather than face Las Vegas Foreclosure.

The Ballen Group just closed a Short Sale with Bank of America for a property on the street: BONITA. There were 2 Mortgage Liens with Bank of America. The property was listed for $50,000 and sold for $50,000 where the purchaser paid with cash and received no contributions in closing costs from Bank of America in this short sale. The Seller received an approval letter with no deficiency language. An approval was obtained 87 days after the listing and closed 21 days after approval. The Entire process was completed in 126 days.

Lien Holders – 2 w/ Bank of America, Def. waived
Original List - $50,000
List price - $50,000
Sales Price - $50,000 no contribution
Sold Terms – Cash
Deficiency – Waived
Seller Cash Contribution - $0
Total DOM - 126
Total # of offers negotiated - 1
Days to approval - 87
Days to close – 21

The Ballen Group
Nevada Short Sale Services
Keller Williams Realty Las Vegas
702-482-7739
sold@theballengroup.com
http://www.nevadashortsaleservices.com

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