Las Vegas, NV, May 18, 2014 --(PR.com
)-- The Ballen Group of Keller Williams Realty Las Vegas is thrilled to be helping in another Summerlin short sale. This Summerlin short sale in 89117 is priced at $250,000 and was listed on July 15th, 2013.
This Summerlin short sale home in 89117 is measured at 2,655 square feet with a lot size of 5,226. This Summerlin home has 4 bedrooms and 2.5 bathrooms. This single family home is a 2 story. This home also contains a patio as well as a fire place. This Summerlin short sale in 89117 is a part of the Bluffs subdivision.
The Ballen Group originally specialized in Summerlin short sales. The Ballen Group’s Las Vegas real estate agents all originally specialized in short sales. Now with Las Vegas and Summerlin’s home market on the rise, Summerlin short sales are becoming less and less common. This year The Ballen Group’s home transactions have only been 33% short sales.
A Summerlin short sale will occur when banks believe a hardship situation is taking place based on their client’s current financial situation. This can mean someone lost income or their bills have increased to a point where they are unmanageable.
Quite a few people view a Summerlin short sale as a bad thing, but it does not have to be. A Summerlin short sale gives a financially troubled person options and allows them to walk away free and clear of any home debt.
Although a person does not have to pay someone to do a short sale, having a short sale specialist on hand to guide them through the process can save valuable time and money in that a Summerlin short sale specialist can usually obtain a full waiver of deficiency from a lender.
Having the right person working on a Summerlin short sale’s home owners’ behalf can also get a Summerlin home for sale sold quicker than with conventional methods. Homeowners who successfully complete a Summerlin short sale can purchase property again within a year’s time.
This Summerlin short sale home in 89117 is one of 298 homes for sale in 89117. Out of those homes 15% of them are distressed listings, meaning that they are either Summerlin short sales or foreclosures.
The median number of days that Summerlin homes in 89117 are for sale is 57. However Summerlin short sales tend to take much longer than traditional Summerlin home sales, partly because there is much more paperwork and many more interested parties in Summerlin short sales compared to a traditional home sale.
The number of Summerlin homes for sale in 89117 has dropped by 1.9% within the last month. The number of Summerlin homes for sale dropped by 82.2% between December 2013 and January 2014.
The Ballen Group was started and is owned by husband and wife Richard and Lori Ballen. The Ballens became Las Vegas real estate agents in 2007 and within the first year became the top producing Las Vegas real estate agents on their team.
Over 3 years ago Richard and Lori Ballen moved to Keller Williams Realty Las Vegas. In this office in Summerlin, the Ballens started “The Ballen Group” and hired on other real estate agents to join them in servicing Summerlin short sales. Now The Ballen Group serves all types of home sales in the Las Vegas area.
The Ballen Group – Keller Williams Realty Las Vegas
3046 S. Durango #100
Las Vegas, NV 89117