Lori Ballen - Wekerle
Name
Lori Ballen - Wekerle
Company
Coldwell Banker Wardley Real Estate
E-mail
Contact Lori Ballen - Wekerle (Coldwell Banker Wardley Real Estate)
Website
http://www.teamcoldwell.com
Office Phone
(702) 604-7739
Fax
(702) 432-1652
Address
7670 W. Lake Mead #100, Las Vegas, NV, 89128
Description
Lori Wekerle,internet Marketing Manager for Coldwell Banker Wardley Las Vegas Real Estate, has an extensive background in marketing and internet lead generation as well as general website design.

Las Vegas Short Sale FAQ'S

  • FREQUENTLY ASKED SHORT SALE QUESTIONS

    At any time - take action by calling 702-604-7739 or 1-888-814-6842 (Toll Free) and requesting a las vegas short sale kit to start the process. Our informational sellers handbook is a clear guide to what the short sale process is and how it is handled by The Ballen Group Short Sale Specialists. Act Now - We Can Help!!

    1.) Do I Qualify for a short sale? If you owe more than your home would sell for - you qualify.

    2.) I have enough money to pay the difference - Should I do a short sale? We suggest you contact your attorney or legal professional, but you may want to consider paying off the difference to save your credit or look into a loan modification. FYI - We have had people approved even though they had the money in the bank.

    3.) I have been hearing a lot about loan modifications. Should I try one? Sure. If you think you might qualify - why not? Word to the wise - USE YOUR LENDER. It's free. If your lender can't do it - it can't be done by some guy who claims to be a "specialist in loan modifications" and charges you $500 or more. The law actually states that NOBODY can charge up front for Loan Modification services. If they try to charge you up front - they are breaking the law. Is that who you would want trying to save your home? If you feel you qualify for a loan modification or refinance, we can point you to a licensed mortgage company. If you can't qualify, we can help you with the short sale.

    4.) Who pays the Realtor for their services? Good News! The bank pays us all commissions plus items the buyer may ask for such as closing costs.

    5.) What is a hardship package and why do I need it? The Short Sale hardship letter is to state your situation. The bank wants to understand why you can't make your payments and keep your home. A hardship could be medical (physical or mental illness). It could be divorce, death, relocation, loss or change of employment, addictions causing money loss, taking care of sick parents, large amounts of child support and so on. We can't tell you what your hardship is, but these are some we have seen approved. The rest of the package is simply a combination of pay stubs, bank account statements, profit & loss sheet, and tax returns. Some of these items are never requested from the bank. It all depends on the bank.

    6.) Can I short sale my home and buy something more affordable? Maybe. There is talk that this may be some day be called mortgage fraud.

    7.) How will the short sale affect my credit. To find out an exact score hit and how your credit will be affected, you will need to get professional advice from an accountant and/or credit professional. It will affect your credit, we are not licensed or trained in the credit department to tell you specifics.

    8.) How is a short sale better than a Las Vegas Foreclosure? - Again, a credit professional, accountant or legal professional can better advise you, but we are told that with a short sale, you can buy a home years before you could if you had a foreclosure on your record.

    9.)Can the lender come after me? They can if they choose. It depends on how their final approval letter is written. You still have the choice to accept or deny their terms and opt for the foreclosure or deed in leiu of foreclosure should you decide. We have not seen collections personally, but we understand that the debt can be sold to a collector if it is not written as settled. This can be negotiated in the final stages of the short sale once a negotior has been assigned to your case.

Areas of Expertise

At 21, upon meeting my husband, I owned and operated the top company picnic and event planning company in vegas. We took it from nothing to a very lucrative business using the world wide web and other avenues of marketing. This is where I got my marketing education and found my passion for the web. After 15 years in that business, we were able to build it to a salable company and it is still in business today with new owners!

We took a couple of years off, spent quality time with our growing daughters and thought about our next venture. I never would have thought Real Estate would have been it. My husband and I were extremely successful based on using the same marketing efforts that I learned with the catering company and acheived top agents in the company our first year - along with the title "Rookies of the Year". We received more honors the 2nd year.

I soon realized that being an agent, was not where I wanted to be. I wanted to be behind a computer all day - marketing. Following my passion, I took a position with Coldwell Banker Wardley as Internet marketing manager helping other agent acheive great results using my proven marketing methods. I also run the lead generator which places Las Vegas Real Estate agents with consumers. We currently work about 30 listings a month and 200 + buyers and are always looking for more! We have about 30 expert agents in our Coldwell Banker Wardley in house network and hundreds across the nation.

Although my marriage is coming to an end (sad of course), I am very happy raising my 6 year old daughter and 17 year old daughter and following my marketing dreams with Coldwell Banker Wardley Las Vegas Real Estate. Coldwell Banker Wardley is my home away from home and allows me to push myself and work with my abilities. I LOVE it!

Here's to 2010 - Living & Loving Life!

Coldwell Banker Wardley

Coldwell Banker Wardley, with offices in both Green Valley and Summerlin,has agents specializing in Las Vegas Real Estate, Henderson Real Estate, North Las Vegas Real Estate, Las Vegas Short Sales and Pre Foreclosures, Las Vegas Foreclosures, Las Vegas Investments, First Time Home Buyers, Sellers with Equity, Relocation and Foreign Investors.