The Ballen Group closes another Bank of America Short Sale in Nevada

The Ballen Group, Las Vegas Short sale Specialists use a comprehensive Short Sale System for Nevada Short Sales leading to Bank of America Short Sale closing for another Nevada Home Owner.

Online PR News – 25-February-2012 – – The Ballen Group, a local team of award winning short sale agents in Nevada, who have been specializing in Nevada Short Sales for several years now, have completed a very difficult Las Vegas Short Sale with Bank of America for the property on Sweet Pecan located in Nevada 89149. The Bank took a short payoff as the property sold for $100,000 cash and was originally purchased for more than $200,000. The entire process took 130 days.

Ballen uses a comprehensive Las Vegas Short sale system for sellers. Nevada Homeowners who are facing Las Vegas foreclosure can request that The Ballen Group, A successful Las Vegas Real Estate Agent Team, consult with the sellers about their needs. In addition, Ballen has created a custom short sale hardship package allowing the homeowner to complete the documents required by the bank to ease the process. Although The Ballen Group would never encourage 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 brokerage The Ballen Group Agents, who do their business under the brokerage Keller Williams Realty Las Vegas, lists the short sale property the same as they would with any other property including virtual tours and a comprehensive internet marketing program. The real estate commissions are negotiated with the bank rather than the seller. The Ballen Group then receives offers and presents them to the seller. Once an offer is chosen, it is submitted to the bank for approval. The entire process takes 60-120 days on average and could save the homeowner from Las Vegas foreclosure (Terms should be discussed with the seller’s attorney, accountants, credit advisors and any other professionals outside of the general real estate field).

"Another Nevada Homeowner Helped", says Lori Ballen, team leader for The Ballen Group. "We are always thrilled to see the banks coming to terms with these sellers. The banks need to continue improving their systems, and making it possible for the sellers to move on with their lives". Richard Ballen, Listing Specialist for the Ballen Group happily stated "Another Problem has been solved. Bring on the next one".