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LAS VEGAS REALTOR
     TALKS ABOUT
FORECLOSURE AND SHORT
        SALES
     Brought to you by:
    www.ToddMillerTV.com
LAS VEGAS REALTOR TALKS ABOUT
      FORECLOSURE AND SHORT SALES
Most of us would want to be successful when
investing in the real estate market, but one of
the most common problems that we are
experiencing is the lack of information when it
comes to the terms that are being used in the
market.

This is also the reason why there are a lot of
people who are having problems when
transacting with a seller.

                www.ToddMillerTV.com
LAS VEGAS REALTOR TALKS ABOUT
      FORECLOSURE AND SHORT SALES
This article was written to help you better
understand the advantages and
disadvantages of both short sales and
foreclosures.

Reading this article will save you from all the
problems that you will encounter while you
are transacting with a seller or a buyer.



                www.ToddMillerTV.com
LAS VEGAS REALTOR TALKS ABOUT
      FORECLOSURE AND SHORT SALES
Foreclosure

This is the process wherein a person who
owns the property no longer has the ability to
pay for the mortgage.

For example, you take out a loan to pay for a
real estate property and while in the middle of
paying for it, you experienced financial
difficulty.
                www.ToddMillerTV.com
LAS VEGAS REALTOR TALKS ABOUT
       FORECLOSURE AND SHORT SALES
This will only give you two options; either you
wait for your property to be foreclosed, or you
do something about it in order to minimize the
damages that you will experience when it
comes to your credit rating.

Although the option that you have will also
result to a negative rating, it will be easier to
recover compared to the rating of a
foreclosure.

                 www.ToddMillerTV.com
LAS VEGAS REALTOR TALKS ABOUT
      FORECLOSURE AND SHORT SALES
Short Sales

If you are going to ask a realtor, there are some
who would say that short sales are better when it
comes to minimizing the damages that you will
get from your difficulty.

The negative rating of a foreclosure will probably
take 5 years to recover, whereas short sales
would only take about 2 years.


                 www.ToddMillerTV.com
LAS VEGAS REALTOR TALKS ABOUT
      FORECLOSURE AND SHORT SALES
The only problem that you will experience if
you are going to get into short sale is that you
will be settling a fee, which could cause even
more problems for a person who is already
under a financial difficulty.

This is one of the most common reasons why
there are sellers who would simply cancel the
transaction, even if everything is already
approved and closed.

                www.ToddMillerTV.com
LAS VEGAS REALTOR TALKS ABOUT
      FORECLOSURE AND SHORT SALES
Getting a realtor to have someone who can
explain the process to you is a better
option, because this will allow you to get
better advices and more personal tips.

Keep in mind that both options would be good
depending on the situation of a person.




               www.ToddMillerTV.com
LAS VEGAS REALTOR TALKS ABOUT
      FORECLOSURE AND SHORT SALES
This is the reason why I cannot tell you
directly which would be a better option for
you.

There are a lot of things that will help you
determine which would be good for you, and it
will be a lot easier if you have a real estate
agent or a realtor who can help you make a
more educated decision.


                www.ToddMillerTV.com
LAS VEGAS REALTOR TALKS ABOUT
      FORECLOSURE AND SHORT SALES
Find a Las Vegas Realtor who can provide
you with all the information that will help you
be successful with your investment.

If you really want to get the most out of the
money that you will be spending, then it would
be better for you to start looking for a reliable
Realtor in Las Vegas.



                www.ToddMillerTV.com
LAS VEGAS REALTOR
     TALKS ABOUT
FORECLOSURE AND SHORT
        SALES




      Brought to you by:
     www.ToddMillerTV.com

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Las Vegas Realtor Talks About Foreclosure and Short Sales

  • 1. LAS VEGAS REALTOR TALKS ABOUT FORECLOSURE AND SHORT SALES Brought to you by: www.ToddMillerTV.com
  • 2. LAS VEGAS REALTOR TALKS ABOUT FORECLOSURE AND SHORT SALES Most of us would want to be successful when investing in the real estate market, but one of the most common problems that we are experiencing is the lack of information when it comes to the terms that are being used in the market. This is also the reason why there are a lot of people who are having problems when transacting with a seller. www.ToddMillerTV.com
  • 3. LAS VEGAS REALTOR TALKS ABOUT FORECLOSURE AND SHORT SALES This article was written to help you better understand the advantages and disadvantages of both short sales and foreclosures. Reading this article will save you from all the problems that you will encounter while you are transacting with a seller or a buyer. www.ToddMillerTV.com
  • 4. LAS VEGAS REALTOR TALKS ABOUT FORECLOSURE AND SHORT SALES Foreclosure This is the process wherein a person who owns the property no longer has the ability to pay for the mortgage. For example, you take out a loan to pay for a real estate property and while in the middle of paying for it, you experienced financial difficulty. www.ToddMillerTV.com
  • 5. LAS VEGAS REALTOR TALKS ABOUT FORECLOSURE AND SHORT SALES This will only give you two options; either you wait for your property to be foreclosed, or you do something about it in order to minimize the damages that you will experience when it comes to your credit rating. Although the option that you have will also result to a negative rating, it will be easier to recover compared to the rating of a foreclosure. www.ToddMillerTV.com
  • 6. LAS VEGAS REALTOR TALKS ABOUT FORECLOSURE AND SHORT SALES Short Sales If you are going to ask a realtor, there are some who would say that short sales are better when it comes to minimizing the damages that you will get from your difficulty. The negative rating of a foreclosure will probably take 5 years to recover, whereas short sales would only take about 2 years. www.ToddMillerTV.com
  • 7. LAS VEGAS REALTOR TALKS ABOUT FORECLOSURE AND SHORT SALES The only problem that you will experience if you are going to get into short sale is that you will be settling a fee, which could cause even more problems for a person who is already under a financial difficulty. This is one of the most common reasons why there are sellers who would simply cancel the transaction, even if everything is already approved and closed. www.ToddMillerTV.com
  • 8. LAS VEGAS REALTOR TALKS ABOUT FORECLOSURE AND SHORT SALES Getting a realtor to have someone who can explain the process to you is a better option, because this will allow you to get better advices and more personal tips. Keep in mind that both options would be good depending on the situation of a person. www.ToddMillerTV.com
  • 9. LAS VEGAS REALTOR TALKS ABOUT FORECLOSURE AND SHORT SALES This is the reason why I cannot tell you directly which would be a better option for you. There are a lot of things that will help you determine which would be good for you, and it will be a lot easier if you have a real estate agent or a realtor who can help you make a more educated decision. www.ToddMillerTV.com
  • 10. LAS VEGAS REALTOR TALKS ABOUT FORECLOSURE AND SHORT SALES Find a Las Vegas Realtor who can provide you with all the information that will help you be successful with your investment. If you really want to get the most out of the money that you will be spending, then it would be better for you to start looking for a reliable Realtor in Las Vegas. www.ToddMillerTV.com
  • 11. LAS VEGAS REALTOR TALKS ABOUT FORECLOSURE AND SHORT SALES Brought to you by: www.ToddMillerTV.com