A Las Vegas Wells Fargo Short Sale in has closed in Nevada

By
Real Estate Agent with The Ballen Group Real Estate Network, The Ballen Method S.0075212
KW
KW
A Closed Short Sale with Wells Fargo

A Las Vegas Wells Fargo Short Sale in has closed with Award Winning Las Vegas Short Sale Agent Team.

 

 The Ballen Group just closed a Short Sale with Wells Fargo for a property on the street Slipstream in Las Vegas in the zip code 89139 which is in Paseo at Pinnacle Peaks.

The Short Sale had one Lienholder. Therefore this Nevada Short Sale had to be approved with Wells Fargo only. The original list price was $155,000 and it closed at $155,000. This was a conventional loan buyer who did not receive any contributions from the seller or the mortgage companies who held the liens. The Seller did in fact receive $3000 from the Bank through a government program. The deficiency was waived. This short sale took 117 days total from list date to close but only 41 days from the day that short sale approval letter was received. 

 

Many Las Vegas mortgages now exceed the fair market value of the home. Negative equity has become an increasing problem for the nation, but is excessive in Las Vegas. With the prices of Las Vegas homes decreasing, and the interest rates on previous subprime loans increasing, many Las Vegas home sellers have no choice but to negotiate with the bank to take less (also known as a “short”) on the sale of the property. The seller proves a hardship to the bank which could include divorce, loss of income, health issues and other various situations proving the monthly mortgage payments are impossible for the homeowner to pay. The home owner hires a Real Estate agent, such as The Ballen Group, Short Sale Agents to sell their home and negotiate the sale with the bank.

 

The Ballen Group is an award winning real estate team in Nevada with Keller Williams Realty Las Vegas and is owned by Lori Ballen Realtor. The Ballen Group consistently ranks in the top 1% of all producing real estate agents in The greater Las Vegas Board of Realtors and is in the top 10 short sale closers in Nevada for 2012.

 

The Ballen Group | Nevada Short Sale Services | Keller Williams Realty Las Vegas

3100 S. Durango #106, Las Vegas, Nevada 89117 702-482-7739
http://www.TheBallenGroup.com

 

Las Vegas Short Sales, Henderson Short Sales, North Las Vegas Short Sales

Lori Ballen LLC. Realtor

 

 

The Ballen Group
Office: (702)604-7739
sold@theballengroup.com
www.BallenGroupHomes.com

 

Posted by


Lori Ballen, Search and Social Visibility Specialist.
 
You may not be familiar with Lori Ballen, Ballen Brands, or The Ballen Method - but I’m almost certain one of your respected professional peers is. Someone you know likely knows my name. Talk to your associates, your friends in real estate, and ask what they know about the Ballen name. I’m confident you’ll be intrigued. My reputation wasn’t crafted by accident, irony, chance, or luck. I earned respect (and rewards!) the hard way. Using the stepping stones I’ve spent more than a decade constructing, you, too, can build your success story in business. I share my failures (and my win/wins!) to help you succeed.
 
Long before 2010, I was a business owner faithfully (and sometimes embarrassingly!) practicing my motto, “fail forward”. I built millions in various business ventures, and I threw millions away through haphazard mistakes, dangerous habits, and bad choices. Although I lost millions, no one can subtract experience. The valuable lessons I learned were engrained in my being. My marriage was also on the brink of disaster. But my husband and I held on by the tattered threads of our rags to riches dreams, gathered up our life lessons, and joined Keller Williams Realty in September of 2010 with a wish and a prayer. When we became a part of the Keller Williams family, all we had was a computer, faith, and an undying need to succeed. By the end of that year, we closed 100 internet driven transactions… with no database.
 
In the six years that followed, growing organically through trial, error, and triumphs, I also launched a training and marketing company, Ballen Brands, to assist honest, hard-working professionals like you. I know how difficult the road to success is, and I know no one needs to walk it alone.
 
All of my lead generation - all-of-it - is done through search engine optimization (SEO) and social media. I learned the difficult way and I validate my experiences by recycling my hard knocks to demonstrate for you a simple way to dominate digital strategies. And the good news is, your success story won’t cost you millions over decades like mine did! It will only take you a short amount of time and a small investment to build your business, your reputation, and your riches. My marketing class was designed with you in mind.
 
You are invited to join me on the evolving journey. If you’ll allow me, I can show you mind-blowing tricks of the trade and secrets of success. I’m so sure of your potential growth in my classes, I’m willing to put my name on the line. All you have to do is register now. Need to think about it? Click here to learn more.
 
I’m so excited to meet you, to shake your hand, to answer your questions, and to help you grow your business.
 
Sincerely yours,
 
Digital Marketing Strategist
Ballen Brands - Helping Business Professionals Rise Above the Noise.
702.917.0755
 
 
P.S. You may just love my new B.R.E.W. websites!  B.R.E.W. stands for Ballen Real Estate Websites, and they’re gorgeous as well as functional. To learn more about B.R.E.W.s and other Ballen Brands services, you’re invited to visit us at BallenBrands.com, or call Jeff at (702) 917-0755. 

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Kevin B. Tolbert PA Team Keller Williams Realty of Port St Lucie
Keller Williams Realty of Port Saint Lucie - Port St Lucie, FL
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You did okay with 121 days for a Wells Fargo Short Sale, but you can't keep with me.  I now have 9 all closing in July and they all started since June 8th. 

I have 1 that may break my previous record of 19 days from sale to closing as it is on its 2nd day and already in for Short sale approval.

I am having no issues currenlty except with Fifth Third.  All others are moving very well. 

Jul 10, 2012 08:33 PM #1
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