Lori (Ballen) Wekerle creates Expert Team of Las Vegas Short Sale Specialists and Nevada Realtors

Aug. 12, 2010 - PRLog -- Also working with The Ballen Group of Coldwell Banker Wardley Las Vegas Real Estate, Lori has put together an experienced and professional team of Las Vegas Short Sale Agents in Nevada to work with homeowners facing Nevada Foreclosure. Using her comprehensive Las Vegas Short sale system for sellers, Lori and her team of Nevada Short Sale Specialists offer help in situations where the mortgage owed is more than a home is worth and the sellers need out.

Homeowners who are facing Las Vegas foreclosure can request a Las Vegas Short Sale Agent, Henderson Short Sale Agent, or North Las Vegas Short Sale Specialist to consult with them about their needs. In addition, Lori has created a custom hardship package allowing the homeowner to complete the documents required by the bank to ease the process.  Although Coldwell Banker Wardley Real Estate never encourages a Las Vegas Short Sale, many homeowners in Las Vegas and surrounding areas are facing true hardships that force them to attempt a Short Sale rather than face Las Vegas Foreclosure.

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 a Short Sale Specialist of Coldwell Banker Wardley to sell their home and negotiate the sale with the bank.

Lori's team of Coldwell Banker Las Vegas Short Sale Agents, with locations in Summerlin and Green Valley list 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. Coldwell Banker Wardley 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 seller’s attorney, accountants, credit advisors and any other professionals outside of the general real estate field).

Coldwell Banker Wardley encourages its licensed agents and brokers to undergo Short Sale Training and classes and stay up to date on bank requirements and policies. In addition to the licensed agents, Coldwell Banker Wardley provides full time transaction coordinators to help in the short sale process. Coldwell Banker Wardley is very successful in marketing & selling Las Vegas, North Las Vegas, and Henderson Short Sales and helps home sellers valley wide. They hold a high standard for the agents, and practice professionalism, honesty, and ethical practices at all times.

Coldwell Banker Wardley, with offices in both Green Valley and Summerlin, has agents specializing in Las Vegas Real Estate, Henderson Real Estate, North Las Vegas Real Estate, Short Sales (Pre Foreclosures) and Las Vegas Foreclosures. A home seller needing a Las Vegas Short sale can contact an agent directly, or contact Lori Wekerle (director of agent leads) to find a short sale specialist in their area.

For Additional Las Vegas Short Sale Information, visit  http://www.ShortSaleinNevada.com or Call 702.482.7739 (If you get a recording, leave your name and number and a Nevada Short Sale Specialist will return your call in 15 minutes or less. )

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For Additional Las Vegas Short Sale Information, visit http://www.ShortSaleinNevada.com or Call 702.482.7739 (If you get a recording, leave your name and number and a Nevada Short Sale Specialist will return your call in 15 minutes or less. )