________________________________________
Albert Silva

Certified Short Sale Professional CSP

Nevada Realty Solutions

5580 S. Fort Apache Rd. #120

Las Vegas, NV 89148

Office:  702 966-4400  Fax 702 946-1390

Cell: 702 443-1924

E-mail:  alberto1silva.as@gmail.com







________________________________________
Albert Silva

Certified Short Sale Professional CSP

Nevada Realty Solutions

5580 S. Fort Apache Rd. #120

Las Vegas, NV 89148

Office: 702 966-4400  Fax 702 946-1390

Cell: 702 443-1924

E-mail: alberto1silva.as@gmail.com


 



               YOUR HOME FOR REAL ESTATE

               BANK OWNED
               SHORT SALES
               HUD HOMES
               NEW HOMES
               RESALE HOMES
               INVESTMENT HOMES
               MULTIPLE UNIT DWELLINGS
               BUYING OR SELLING


Listings by E-mail

Receive new listings and property updates via e-mail, create custom searches and save properties you like.

Search for a Property

Location:
Price Range:
to
Beds:
Baths:

No properties currently available.

What is Your Home Worth?

Get a FREE complete home value analysis! I will provide you with a free custom Competitive Market Analysis of your home.

WHAT IS A SHORT SALE?



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.

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.

Pre-qualify for a Mortgage

In today's challenging market, being pre-qualified is more important than ever. I can help you navigate the challenging waters.

HOME BUYING TIPS


Determine your housing needs.

How long do you intend to live in your new home? Will you be starting or adding to your family? Do you have any special requirements such as proximity to stores, public transportation, recreation facilities, etc.? These are the sort of things you should consider when deciding what kind of housing you will need--not just now, but also five years from now. Remember, if you intend on moving again relatively soon, you should get a shorter term when choosing your mortgage.


Figure out your finances.

That means determining how much money you can raise for your down payment and how much you can afford to pay on a monthly basis. Go to a lender to find out the size of mortgage you qualify for and get pre-approved. Better yet, use a mortgage broker to find you the best mortgage rate possible. When calculating the costs of home ownership, remember to plan for homeowner's insurance, property taxes, private mortgage insurance (if required), utilities, repairs, and maintenance.


Ask Questions!

There are no dumb questions. NOT asking questions is dumb.
Ok
www.silvasellsvegas.com uses cookies to ensure the best experience on this website. Learn More