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  OK. Now that you’ve made the decision to short sell your home, what about the tax implications? It’s not so difficult to understand. After the sale of your home, the unpaid balance (known as the deficiency) may or may not still be owed to the lender. Although this varies from state to state it ...

Once again there is good news for Las Vegas short sales. Freddie Mac is focusing its efforts to streamline the process of short sales nationwide. Executive Vice President Tracy Mooney states that “We estimate that the time to complete a short sale will decrease by approximately 50% to 75%". This ...

  According to Zillow Las Vegas home values will rise slowly in 2013 to an average of 3.1% by the end of the year. In close comparison, Henderson and North Las Vegas are expected to increase by 3.2%. This is good news considering that last spring was an all time low for local homeowners. The grea...

  Short sales continue to increase as the sales of foreclosed homes continue to fall. Last month set yet another record as short sales accounted for 46% of all home sales in Las Vegas. Many of the buyers were investors. That’s an impressive 27% increase as compared to only 1 year ago and the tren...

  Sure, the short sale of your Las Vegas home can be a bit frustrating at times. The sale of any home can be frustrating at times! There’s a lot of paperwork and many people are involved with the process. It’s only natural that there will be some “snags” along the way, but that’s no reason to get...