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State DirectoryLas Vegas Property Short Sale Expert Alex Natour
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Are You Eligible for Relief? We Can Help You for Free!
- HoursOPEN NOW
- Regular Hours:
Mon - Sun - Phones:
Main - 702-595-7338
eFax - 888-503-1697
Office - 702-270-2800
- Address:
- 121 E Warm Springs Rd Las Vegas, NV 89119
- Email:
- Categories
- Real Estate Investing, Commercial Real Estate, Real Estate Agents, Real Estate Buyer Brokers, Real Estate Consultants
- Services / Products
- Free Consulation We provides representaion and counsel about all aspects of Las Vegas Real Estate. We can hlep you better understand the real estae market, explain your options and help you achieve your goals
- Payment Options
- Location
- For a FREE consultation to determine if you may be eligible for relief and to learn more about how the plan works, fill out the Contact Us form in the left column of this page or call us at 702-595-7338 today!
- Neighborhood
- Enterprise
- Languages
- Arabic, Armenian
- Associations
- Other Information
Parking: Lot, Free
Wheelchair Accessible: Yes
General Info
Short Sales Explained A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more negotiable when it comes to these transactions. Recent changes in corporate policy and the Obama administration have also improved the chances of getting a short sale approved. But to be technical, here's a more official definition: A homeowner is 'short' when the amount owed on his/her property is higher than current market value. A short sale occurs when a negotiation is entered into with the homeowner's mortgage company (or companies) to accept less than the full balance of the loan at closing. A buyer closes on the property, and the property is then 'sold short' of the total value of the mortgage. For homeowners to qualify for a short sale, they must fall into any or all of the following circumstances: Financial Hardship – There is a situation causing you to have trouble affording your mortgage. Monthly Income Shortfall – In other words: "You have more month than money." A lender will want to see that you cannot afford, or soon will not be able to afford your mortgage. Insolvency – The lender will want to see that you do not have significant liquid assets that would allow you to pay down your mortgage. This seems simple enough, but it is a complicated process that takes the expertise of experienced professionals. I hold the CDPE® Designation and am ready to identify all possible options and, when possible, assist in the quick execution of a short sale transaction. If you have questions or feel you may qualify for a short sale, please contact me for a free consultation. Understanding your options now could mean all the difference in the world.