LISA LUNDT & TEAM LAS VEGAS SHORT SALE RESCUE RESOURCE
The Las Vegas NV real estate market was among the hardest hit in the real estate market collapse and mortgage crisis. Many Las Vegas area home owners have found themselves owing more on their mortgages than their homes are worth, and unable to keep up with the payments. In fact, 1 out of 7 in Las Vegas homeowners are in default on their home mortgage payments and they do not know where to turn. And 7 out of 10 lose their home to bank foreclosure without any professional intervention whatsoever. The long term ramifications of a home sold in a bank foreclosure is devastating to families and can be avoided.
HOME OWNERS FACING FINANCIAL PROBLEMS HAVE OPTIONS!
As frustrating as facing the loss of one's home can be, home owners can have many options available, but time is of the essence. The sooner a distressed home owner takes action, the better the chances are of a good outcome. Below are some resources to help you understand your choices. Most important, remember that YOU AREN'T ALONE AND THERE IS HELP!
WHAT ARE MY OPTIONS? - Foreclosure isn't the only answer.
SHORT SALES VERSUS FORECLOSURE - The advantages and disadvantages of each
Las Vegas home owners are experiencing unbearable stress and heartache for a variety of reasons:
- Rising Cost of Living
- Adjustable Rate Mortgages
- Job Loss
- Medical Bills
- Homes Not Appreicating
- Wall Street and Mortgage Crisis
Although Lisa Lundt & Team have extensive experience assisting distressed home owners, we are not accountants or attorneys and suggest you consult with these experts to determine the possible ramifications this information may have for your unique situation.