Short Sale News

Short Sale News

Government bailout not helping las vegas housing market

It was recently publicized that the state of Nevada will receive almost $2 billion as part of a $25 billion government settlement with banks over their illegal foreclosure procedures. However, that positive and uplifting news hasn’t helped the Las Vegas housing market at all. New home sales in Las Vegas...
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Short Sale FAQs

What is a Short Sale? A short sale is a sale of real estate in which the proceeds from selling the property will fall short of the balance of debts secured by liens against the property. In addition, the property owner cannot afford or chooses not to repay the liens full amounts. Therefore, the lien...
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