IN A ENVIRONMENT OF UNDERWATER HOMES IN LAS VEGAS, A SHORT SALE MAY BE YOUR BEST BET

We recently wrapped up the last free short sale seminar of the year, and it has proven to be a huge success. It’s a win-win situation for all those involved in the undertaking, from the distressed homeowners looking for expert guidance, to the attorneys we have partnered with, and us the realtor. Since we started the seminar series early this year, we have helped many homeowners avoid foreclosure, save their credit and move on with their lives by conducting a successful short sale on their homes. We are proud to say that we are among the pioneers in short sale negotiation and through the years of doing it, we have managed to create a logical system that gives us a success rate of 90% – (please confirm this number).

If you are interested to join us or want to attend another seminar to hear firsthand what the best course of action is for you, please check our website for future seminar dates and to be notified when the next event in January 2012 is scheduled: www.NVShortSalesExperts.com. In the next coming weeks, we will share with you video highlights of previous seminars.

Below are some housing statistics that can be food for thought of why you shouldn’t wait to do something now. Could a short sale be your best recourse? Contact me today if you want a complimentary, no obligation consultation.

Las Vegas Short Sales Closing Escrow in the month of September on the Las Vegas MLS for areas 101 through 606 which includes North Las Vegas, Las Vegas and Henderson were reported at 1,005 closings.

Broken Down by Category:

Property Style	09/2011	09/2010	Change
Single Family Homes	796	864	-7.87%
Garden Style Condominiums	87	135	-35.56%
Townhomes	75	59	+27.12%
High Rise Condominiums	36	34	+5.88%
Multi-Family Properties	11	7	+57.14%
Total	1,005	1,099	-8.55%

Las Vegas Short Sales Currently Under Contract: Using the same criteria as above, there are currently a total of 8,668 properties in Las Vegas that currently are under contract and waiting for short sale approvals.

Types of Las Vegas Short Sales Under Contract:

Property Style	Number
Single Family Homes	6,945
Garden Style Condominiums	964
Townhomes	524
High Rise Condominiums	139
Multi-Family Properties	96
Total	8,668

Number of Las Vegas Area Short Sales Currently Available for Sale : As of 10/15/2011, there are 6,001 Las Vegas area short sales available for sale.

Style / Type	Number
Single Family Residential	5,132
Garden Style Condominiums	476
Townhomes	318
High Rise Condominiums	57
Multi-Family Residential (2 to 4 Units)	18
Total	6,001