Dawn is an absolute professional! I am currently out of country as a contractor and she understood the time difference making sure communication lines were kept open. She ALWAYS had great advice and moved quickly to get our deal done. We felt like we were represented fairly and professionally. We recommend Dawn for all your realestate needs as we will surly look her up when we sell our other properties or if we decide to buy a new home! A absolute pleasure to deal with! Thanks again Dawn!
My husband and I were really impressed with Dawn. She helped us in a short sale of our home. As we all know these can be very stressful and time consuming. Dawn really worked with us and our schedules. She handled mostly everything and really made our experience smooth and less stressful. Unlike the vibe you get from most people she was very trustworthy and we didn't feel she was trying to get over on us on anything. We have recommended other people to her and will work with her again in the future ourselves.
She was wonderful. She found properties for us to see & consistently kept us informed as we were on the East Coast. She gave us real informaiton that helped us make a decision. Her assistance did not stop once we bought the house. She was kind, thoughtful & realistic, whick we greatly appreciated. She is a real gem & exceeded all of our expectations & was a great hand holder.…More
If you are considering doing a Las Vegas Short Sale have you explored other options first?
Have you first tried a Las Vegas Loan Modification?
Have you contacted your lender first to do a Las Vegas Loan Modification?
Did you consult your Las Vegas CPA, tax advisor or account?
These are some things to check into before you do a Las Vegas Short Sale
There is an alternative to foreclosure.
Email Dawn
Do you need to sell your Las Vegas Home?
Call me
(702) 812-4550
Dawn Barrier
Prominent Realty Group LLC
Las Vegas SHORT SALE TIPS:
There are many tips to give here are a few:
1. Work with an agent who has experience dealing with selling short sales, like myself.
2. Typically a Las Vegas Short Sale is better option than foreclosure, but don't expect a short sale to solve your financial problems. Here are some things to keep in mind:
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You may be asked by your lender to sign a promissory note agreeing to pay back the amount of your loan not paid off by the short sale. If your financial hardship is permanent and you can't pay back the balance, talk with your real estate attorney about your options.
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Any amount of your mortgage that is forgiven by your lender is typically considered income, and you may have to pay taxes on that amount. Under a temporary measure passed in 2007, the Mortgage Forgiveness Debt Relief Act and Debt Cancellation Act, homeowners can exclude debt forgiveness on their federal tax returns from income for loans discharged in calendar years 2007 through 2012. Be sure to consult your real estate attorney and your accountant to see whether you qualify.
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Having a portion of your debt forgiven may have an adverse effect on your credit score. However, a short sale will impact your credit score less than foreclosure and bankruptcy.Read more from the sources....Realtor.org
Blog & Website Disclaimer
*All information is provided for informational purposes only and is Not legal advice, consult an attorney or financial expert for legal advice. This is general information and is not intended to provide advice on any specific question or transaction. Parties to any real estate transaction should seek competent legal and/or tax counsel to determine the legal, credit and tax consequences of buying or selling a home. The opinions expressed here represent my own & not those of my employer. Dawn Barrier will not be liable for any errors, ommissions, accuracy, validity, currentness, suitability, completeness or any losses, injuries or damages arising from its display or use.
Listing your home for sale and attempting to do a Las Vegas Short Sale is a possible solution to avoiding foreclosure but not a guarantee that your lender won't foreclose or pursue other means of collecting the unpaid debt between what you owe and what the home may sell for. Copyright © 2012, 2011, 2010, 2009,2008 Dawn Barrier. All Rights Reserved. Any Stats are per the GLVAR MLS as of this writing or as noted.
Memberships/Designations:
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SFR® CSP® Certified Short-Sale Agent
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RSD Certified REO Specialist
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National Association of REALTORS®
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Nevada Association of REALTORS®
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Greater Las Vegas Association of REALTORS®
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Res.net, Equator/REOTrans
MORTGAGE ASSISTANCE RELIEF SERVICES DISCLOSURE The following disclosure is made pursuant to the Federal Trade Commission's MARS Rule (16 C.F.R. §322 et seq.).
IMPORTANT NOTICE: Prominent Realty Group,LLC is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit rating.
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