Coldwell Banker Wardley Real Estate – Las Vegas and Henderson MLS News and Search Tool

November 4, 2009

HOT NEWS: Las Vegas Short Sale Specialists close another Las Vegas Short Sale!

Coldwell Banker Wardley Las Vegas Real Estate, specializing in Las Vegas Short Sales, Henderson Short Sales, and North Las Vegas Short Sales, has negotiated a deal with a lender to accept a “short” amount on Las Vegas Real Estate, saving the sellers from being another Las Vegas Foreclosure statistic.

The property, located in Northwest Las Vegas with a Las Vegas MLS list price of $440,000 was a 3 story, nearly 5000 square foot home on the market for a matter of months. After many negotiations with the bank with no solutions, the home owners contacted Coldwell Banker Wardley Las Vegas to negotiate a Las Vegas short sale on their behalf. The process was not easy, but with the strong negotiating powers and marketing process, Coldwell Banker Wardley achieved the difficult approval to close the home. After 112 days (which is an average for short sales in Las Vegas), the buyer received their keys after paying $450,000 with a conventional loan. This is about ½ where the home was originally sold to the new owners. As with all Las Vegas short sale approvals, there must be a ready & willing buyer to purchase the home at what the bank considers “fair market value” based on their appraisers values. The seller opted to short sale their home rather than allow a Las Vegas Foreclosure in hopes of having a better credit score and the ability to purchase Las Vegas Real Estate again in approximately 2 years.

Coldwell Banker Las Vegas Real Estate is comprised of many real estate agents located in Las Vegas (Summerlin office) and Henderson (Green Valley Office) and has many other short sale agents located around the valley (including North Las Vegas). Coldwell Banker Wardley had extensive training for their agents on short sales, how to process them, how to market them, and how to close them. Coldwell Banker Wardley has created a custom sellers guide (written by Lori Ballen Wekerle) to help the sellers understand the process and what they can expect from beginning to end. This handbook is available upon request or provided by the short sale agent when meeting with the sellers.

Coldwell Banker Wardley Las Vegas Real Estate specializes in Summerlin, Henderson and The Las Vegas Valley with agents trained in Marketing Homes to sell, short sales & REO/distressed properties, negotiating for buyers, first time home buyers, and investment properties, Coldwell Banker is a name people trust and the Wardley offices get results!

Lori Wekerle
Internet Marketing Manager / Realtor
7670 W. Lake Mead #100
Las Vegas, NV 89128
702.604.7739 FAX 702.432.1652


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