The Ballen Group is Pending a Las Vegas Short Sale in 89117

Las Vegas, NV, July 04, 2014 --(PR.com)-- The Ballen Group of Keller Williams Realty Las Vegas is thrilled to be helping in another Las Vegas short sale. This short sale in 89117 is priced at $250,000 and was listed on July 15th, 2013. This home is located on Shady Pond Way.

This Las Vegas short sale home in 89117 is measured at 2,655 square feet with a lot size of 5,226. This home has 4 bedrooms and 2.5 bathrooms. This single family home is a 2 story. This home also contains a patio as well as a fire place.

The Ballen Group’s Las Vegas real estate agent working with this home sale has worked with The Ballen Group for several years and is a seasoned real estate agent. After working this Las Vegas home sale for over a year, The Ballen Group is thrilled to be getting this Las Vegas short sale wrapped up.

The Ballen Group originally specialized in short sales. The Ballen Group’s Las Vegas real estate agents are all certified to service this kind of Las Vegas home sale. Now with Las Vegas and the surrounding areas such as Henderson and Summerlin’s home market on the rise, short sales are becoming less and less common. This year The Ballen Group’s home transactions have only been 33% short sales.

A Las Vegas short sale will occur when banks believe a hardship situation is taking place based on their client’s current financial situation. This can mean someone lost income or their bills have increased to a point where they are unmanageable.

Quite a few people view a short sale as a bad thing, but it does not have to be. A short sale gives a financially troubled person options and allows them to walk away free and clear of any home debt.

Although a person does not have to pay someone to do a short sale, having a short sale specialist on hand to guide those through the process can save valuable time and money in that a Las Vegas short sale specialist can usually obtain a full waiver of deficiency from a lender.

Having the right person working on this kind of home sale on the owners’ behalf can also get a home for sale sold quicker than with conventional methods. Homeowners who successfully complete a short sale can purchase property again within a year’s time.

This Las Vegas short sale home in 89117 is one of 298 homes for sale in 89117. Out of those homes 15% of them are distressed listings, meaning that they are either short sales or foreclosures.

The median number of days that Las Vegas homes in 89117 are for sale is 57. However short sales tend to take much longer than traditional home sales, partly because there is much more paperwork and many more interested parties in short sales compared to a traditional home sale.

The number of homes for sale in 89117 have dropped by 1.9% within the last month of June 2014. The number of Las Vegas homes for sale dropped by 82.2% between December 2013 and January 2014.

The Ballen Group was started and is owned by husband and wife Richard and Lori Ballen. The Ballens became Las Vegas real estate agents in 2007 and within the first year became the top producing Las Vegas real estate agents on their team.

Over 3 years ago Richard and Lori Ballen moved to Keller Williams Realty Las Vegas. The Ballens started “The Ballen Group” and hired on other real estate agents to join them in servicing Las Vegas short sales. Now The Ballen Group serves all types of home sales in the Las Vegas area.

The Ballen Group – Keller Williams Realty Las Vegas
Lori Ballen
3046 S. Durango #100
Las Vegas, NV 89117
702-604-7739
www.TheBallenGroup.com