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Genome Corporate film short

A corporate film made for GENOME, one of the largest infertility clinic in India.

The Ballen Group, Las Vegas Short Sale Specialists Of Keller Williams Realty Win Top Honors

The Ballen Group, Las Vegas short Sale Specialists of Nevada, win top honors for production in listing, marketing, and closing Short Sale Homes in Nevada using their Comprehensive Short Sale System.

The Ballen Group, a top team of Las Vegas Short Sale Specialists under the brokerage Keller Williams Realty Las Vegas has once again received multiple awards for their real estate production which in turn is helping Nevada Homeowners. On Tuesday, October 19th, The Ballen Group was recognized for top achievements in Listings, Production, and marketing. Receiving such awards is significant to The Ballen Group as they had just made a big move from a Coldwell Banker franchise to the Keller Williams Family. “The move was disruptive and chaotic, but necessary”, says Lori Ballen, Team Leader for The Ballen Group.

The Ballen Group knows that their short sale closing ratio and production is so high due to their comprehensive Las Vegas Short sale system for sellers. 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 and their expert team of agents working Short Sales in Nevada lists the short sale property the same as they would with any other property. It is marketed on the internet, television, mail outs, magazines and more. The real estate commissions are negotiated with the bank rather than the seller. Ballen 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 sellers attorney, accountants, credit advisors and any other professionals outside of the general real estate field).

The Ballen Group encourages its licensed agents and Realtors to undergo Short Sale Training and classes and stay up to date on bank requirements and policies. In addition to the licensed agents, The Ballen Group provides full time transaction coordinators to help in the short sale process. The Ballen Group, managed by Richard and Lori Ballen (Wekerle) is very successful in marketing & selling Las Vegas, North Las Vegas, and Henderson Short Sales and helping home sellers valley wide. They hold a high standard for the agents, and practice professionalism, honesty, and ethical practices at all times.

The Ballen Group specializes in Las Vegas Real Estate, Henderson Real Estate, North Las Vegas Real Estate, Short Sales (Pre Foreclosures) and Las Vegas Foreclosures.

702.482.7739 – http://www.ShortsaleinNevada.com – When Ready to sell your Las Vegas Home – if you owe more than the mortgage, we can help. Call us to discuss short sale options. Las Vegas Short Sale Specialists with Keller Williams Realty Las Vegas. If you are looking to buy, feel free to use our Online Nevada MLS search and Property Finder at http://www.ForSaleByBallen.com – It’s FREE and Online NOW.

Hafa Explained By Las Vegas Short Sale Specialist Team Closing Las Vegas Short Sales

HAFA Explained

To give a quick summary (you can Google HAFA for much more details), HAFA is a streamlined process for home owners to try to get a loan modification on their property, if the home owner is denied on the loan modification then the bank will encourage a short sale and incentives it for the home owner.

Who’s Eligible?

* Have to live in the home or have moved out in the last 90 days due to a job transfer

* Delinquent on the mortgage now or in foreseeable near future

* Loan balance of $ 730,000 or less

* Only applies to your first mortgage

* Borrowers mortgage payment must exceed 31% of monthly income

** Note there are few more requirements but this is the majority of them…

Incentives

* $ 3000 given to home owner at the closing for a successful short sale

* Servicer on the loan gets $ 1,500

* Junior lien holders get up to $ 6,000 to release the liens for short sale

** Paid for by the U.S. Treasury**

Time Line For HAFA Process

* Bank has 30 days to approve or deny the loan modification, if denied short sale encouraged

* Borrower submits “short sale” package to lender

* Bank to review value of home and amount of money owed and establish what price to list home

* Borrower/Real estate agent has 14 days to submit listing paperwork to the bank

* Real estate agent has 120 days to get an accepted offer on the home

* Real estate agent has 3 days to get the offer to the bank

* Bank/Servicer has 10 days to approve or deny the offer

* Bank to give a minimum of 45 days to buyer to close

Banks Participating

Bank Of America

Chase

Wells Fargo

GMAC

Citibank

Many others

Get your FREE Las Vegas Short Sale Kit packed full of vital information pertaining to the Short Sale Process, Nevada Foreclosure, Pros and Cons, Hardship Package Information and more.

The Ballen Group – Las Vegas Short Sale Specialists
North Las Vegas Short Sales, Henderson Short Sales
3100 S. Durango #106 Las Vegas, NV 89117
(702) 482-7739

http://www.ShortSaleinNevada.com

702.482.7739 – http://www.ShortsaleinNevada.com – When Ready to sell your Las Vegas Home – if you owe more than the mortgage, we can help. Call us to discuss short sale options. Las Vegas Short Sale Specialists with Keller Williams Realty Las Vegas. If you are looking to buy, feel free to use our Online Nevada MLS search and Property Finder at http://www.ForSaleByBallen.com – It’s FREE and Online NOW