Most circumstances the answer is YES! It is not very difficult to qualify for a Short Sale. We have helped high net worth individuals, high income families, investors, owner occupant homeowners all sell their homes in Short Sale situations, in addition to those that have lost their jobs, have increased bills or are just upside down. The best candidate for a short sale has no equity in their property, meaning when the house sells there are not enough funds from that sale to pay off all of the mortgages, liens or any other debts associated with the property. To proceed with a short sale the borrower on the loan must also be motivated to proceed with the short sale, because it takes cooperation between the bank and the borrower on the loan coupled with an experienced short sale agent to create a winning outcome for everyone.
If you owe more than your home is worth in today’s market, and want to sell it but don’t want to bring cash to closing to make up the difference between what you owe and what it is worth, then you are a prime candidate for a Short Sale in Las Vegas, Henderson, Summerlin or North Las Vegas, Nevada. To discuss your situation with one of our professionals, contact us today for a free and confidential consultation.