Las Vegas Short Sales, Short Sale Homes, Las Vegas Listings, Michael Ray Realtor, Upside-down

Many homeowners may feel that they can no longer afford their home, but want to avoid the negative effects of foreclosure. The Home Affordable Foreclosure Alternatives (HAFA) Program offers homeowners, their mortgage servicers, and investors an incentive for completing a short sale or deed-in-lieu of foreclosure. With these options, under HAFA, a homeowner leaves their home to transition to more affordable housing and alleviate the mortgage debt they owe.

These options are available for homeowners who: 1. do not qualify for a trial mortgage modification under the Making Home Affordable Program; 2. do not successfully complete the trial period for their modification; 3. miss at least two consecutive payments during their modification period; or 4. request a short sale or deed-in-lieu of foreclosure.

Short Sale

In a short sale, the servicer allows the homeowner to list and sell the mortgaged property with the understanding that the net proceeds from the sale may be less than the total amount due on the first mortgage.

Please call for a confidential personal consultation to see if a short sale is right for you.

It is recommended that you seek professional legal and financial advice prior to short selling your home

Michael Ray Client Satisfaction Award Winning Realtor

View Current Featured Listings of Las Vegas Homes and Las Vegas Condos

You can count on having the best in personal representation with Las Vegas Realtor Michael Ray as your Realtor in the Las Vegas, Nevada real estate market. With years of Las Vegas real estate experience, Las Vegas Realtor Michael Ray understands the needs of his clients from first time home buyers to real estate investors. As a Las Vegas Realtor, Michael Ray will focus on what you need, which is why he was named a FIVE STAR: Best In Client Satisfaction real estate agent in both 2007 and 2008! The FIVE STAR designation is truly an honor. The award is only given to real estate agents who have scored highest in client based research conducted by a national independent research company under the direction of Crescendo Business Services. The award goes to a maximum of just 7% of real estate agents in any market area. Las Vegas Real estate agents are not able to "buy" their way onto the list. This award is not based on sales volume but on how consumers have evaluated their experience in working with that agent.

Part of the service that Las Vegas Realtor Michael Ray offers to you is daily updated listings emailed in your price range with all the criteria you want in your Las Vegas dream home. Think about what is the most important to you in order to be a perfect home. Why spend hours going through all those thousands of listings of Las Vegas foreclosure homes and Las Vegas foreclosed homes that are not what you want?

Just email to Las Vegas Realtor Michael Ray your wish list of preferences for listings of Las Vegas foreclosure homes and Las Vegas foreclosed homes or call Las Vegas Realtor Michael Ray at (702) 501-1508. Las Vegas Realtor Michael Ray will save you time by setting up a streamlined custom search of listings of Las Vegas foreclosure homes and Las Vegas foreclosed homes just for you. Best of all, Las Vegas Realtor Michael Ray will call you back! That why he gets awards!

Foreclosures

Wondering if that Las Vegas foreclosed home is zoned for a certain school, if the home faces east, or what the size of the lot is? We offer listings online with details. Free Foreclosure Listings

You can check listings of Las Vegas foreclosure homes by area or check listings of Las Vegas foreclosures by type using our Las Vegas Real Estate MLS Search database to see thousands of listings of Las Vegas homes for sale including all the latest in Las Vegas foreclosures and Las Vegas REOs or bank owned properties. Click on the type of listings of Las Vegas foreclosure homes and Las Vegas foreclosed homes you are interested in seeing, such as listings of Las Vegas luxury high rise condos or listings of Las Vegas luxury homes or browse by area such as Summerlin foreclosures, Henderson foreclosed homes or foreclosures of Green Valley homes.

The Las Vegas housing market has been heavily hit with the downturn in the economy. This slump of the Las Vegas real estate market has brought a buying opportunity for many and it could be the perfect time to buy Las Vegas foreclosure homes and Las Vegas foreclosed homes at amazingly reduced prices.

The vast amount of REO bank owned Las Vegas foreclosures in the Las Vegas area real estate market has one bright spot. Many people now find that they are able to afford to buy a Las Vegas foreclosure home since a REO repo home or bank owned home in Las Vegas might be selling now for $100,000s less than a home was few years ago. Las Vegas Realtor Michael Ray is a full time Las Vegas realtor with experience to help you get the best deal possible in the Las Vegas real estate market.

Do you want to be able to find detailed listings of Las Vegas foreclosure homes and Las Vegas foreclosed homes including many foreclosures sorted by the area you want to live in such as Summerlin, Green Valley, Henderson, North Las Vegas and Lake Las Vegas? Or do you want to look for the home of your dreams by type with listings of Las Vegas foreclosure homes and Las Vegas homes in master planned communities, luxury homes, private pool properties, luxury high rise condos or foreclosures? Do you want to see a few of our current featured homes with in depth details in the MLS listings?

View The Las Vegas Real Estate Listings You Want

In the privacy of your home, you can browse through thousands of Las Vegas Real Estate listings of Las Vegas foreclosure homes and foreclosed condominiums for sale in the Las Vegas area. If you are looking for REO bank owned Las Vegas real estate for sale in the Summerlin, Henderson, Green Valley, North Las Vegas or Lake Las Vegas area, then you can focus a search by area of home listings just like Las Vegas Real Estate Agents do. You can preview listings of Las Vegas foreclosure homes online, and sorting the listings of Las Vegas foreclosure homes and Las Vegas homes for sale by communities such as Lake Las Vegas, Green Valley Ranch or Mountains Edge or by zipcode area. Las Vegas Realtor Michael Ray also offers mortgage calculators, local school information, helpful relocation information maps and common Q&A about buying or selling a home.

One of the services that Las Vegas Realtor Michael Ray offers is daily updated detailed listings of Las Vegas foreclosures and Las Vegas homes emailed to you in the price range and specific requests you want in your Las Vegas dream home such as foreclosures, one story, lot size, or even when the Las Vegas home was built. If has to be four bedrooms and a big backyard for the kids to play then make that your 'must have'. Just email your custom search request or call (702) 501-1508 and Las Vegas Realtor Michael Ray will save you time by only sending you only the types of Las Vegas foreclosures and Las Vegas homes to preview that fit your criteria and that you will want to see.

Click here to Search our Las Vegas Real Estate MLS Search database

View The Las Vegas Real Estate Listings You Want

If You Are About to Sell Your Las Vegas Real Estate

If you are considering selling your Las Vegas home, then Las Vegas Realtor Michael Ray can offer you free reports on appraisals & market value. Selling your Las Vegas home is a big decision and the right information is crucial to avoid costly mistakes. Get the latest information on your Las Vegas home's value. Because the Las Vegas real estate industry is becoming more sophisticated and challenging every day, you need a professional Las Vegas real estate agent that understands the industry and is positioned to stay ahead of the game.

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