Keller Williams Realty Las Vegas is there for consumers needing to execute a short sale Las Vegas, Nevada

Time to short sell your home?

What is a short sale? A short sale is when the amount of the outstanding loans are greater than the value of the home. This may be attributed to many causes, but most often is a result of a rapidly declining housing market.

Short sales could be a way for homeowners to prevent foreclosure and pay off their loan with the lender by settling.

How do I proceed with a short sale?

First, figure out the true market value of your home. Since hiring a licensed appraiser may not fit your already tight budget, a qualified local REALTOR^® that knows the current conditions of the Las Vegas real estate market is the best way to get a realistic opinion of your home's value.


	Las Vegas homeowners who are upside down on their home loan and need relief fast can rely on the expertise of Keller Williams Realty Las Vegas to guide them through the short sale process. Contact us today for a free consultation.

Next, determine your closing costs. The knowledgeable REALTORS^® at Keller Williams Realty Las Vegas will account for fees such as title report, appraisal, escrow, property taxes, and agent commissions to tally your final costs at closing.

Finally, get in touch with your lender and let them know of your situation. They may even have a particular department that manages short sales. Ask about their exact steps. Some lenders will be more able to work with you than others. They may be able to decrease the amount owed or make other arrangements. Your lender will have to agree to the final sale.