There are four different entities that are working with each other in order to conduct a short sale and these are the seller, buyer, realtor, and lender. The seller is the person who sells the property to save himself from mortgage. The buyer is the person who is willing to pay for the property.
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Las Vegas Realtor Shows 4 Entities That Could Cause Problems in Short Sales
1. LAS VEGAS REALTOR SHOWS
4 ENTITIES THAT COULD
CAUSE PROBLEMS IN SHORT
SALES
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www.ToddMillerTV.com
2. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT
COULD CAUSE PROBLEMS IN SHORT SALES
There are four different entities that are
working with each other in order to conduct a
short sale and these are the seller, buyer,
realtor, and lender.
The seller is the person who sells the property
to save himself from mortgage. The buyer is
the person who is willing to pay for the
property.
www.ToddMillerTV.com
3. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT
COULD CAUSE PROBLEMS IN SHORT SALES
A Las Vegas realtor is someone who will be
working on the documents to complete the
transaction.
The lender is the person who releases the
money in order to allow a person to buy the
property.
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4. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT
COULD CAUSE PROBLEMS IN SHORT SALES
The lender who causes problems is the one
who gave the seller a loan to buy the property.
Short sales are conducted because the
person no longer has the capability to pay for
the mortgage; hence forcing him to sell the
property at a much lower price.
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5. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT
COULD CAUSE PROBLEMS IN SHORT SALES
When a lender sends an appraiser to
determine the value of the property and found
out that it is being sold for a price lower than
its value, the lender, in some cases, won't
approve the short sale.
The Las Vegas realtor or real estate agent
could also be a reason why it is so hard to do
a short sale.
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6. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT
COULD CAUSE PROBLEMS IN SHORT SALES
Since the property will be sold for a much
lower price, the realtor will receive smaller
commissions.
For example, if they normally receive 6%
commission for every sale and will receive 4%
for a short sale; the realtor won't show it to the
buyer.
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7. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT
COULD CAUSE PROBLEMS IN SHORT SALES
Since they will be doing the same work to
close the transaction, they think that it would
be better for them to simply hide the short
sales and focus on selling normal properties.
The buyer could also be a problem in some
cases, because there are buyers who cannot
wait for months to get a new house.
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8. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT
COULD CAUSE PROBLEMS IN SHORT SALES
Normally, short sales would take months, and
if a buyer cannot wait this long for a property,
then he would simply ignore the idea of
buying short sales.
A Las Vegas realtor won't be able to do
anything with it, even if he is eager to sell the
property, because of the time that it will take
to close a short sale.
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9. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT
COULD CAUSE PROBLEMS IN SHORT SALES
This is also one of the reasons why there are
Las Vegas realtors who are having problems
in closing short sales.
The seller, regardless of his need to close the
deal will, in some cases, decline the sell the
property due to the fees that he needs to
settle.
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10. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT
COULD CAUSE PROBLEMS IN SHORT SALES
There are some people who would simply
wait for their property to get foreclosed
instead of paying for the fees, because they
think that it won't advantageous for them.
It is not that common, but this situation will
occur in some cases.
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11. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT
COULD CAUSE PROBLEMS IN SHORT SALES
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www.ToddMillerTV.com
12. LAS VEGAS REALTOR SHOWS
4 ENTITIES THAT COULD
CAUSE PROBLEMS IN SHORT
SALES
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www.ToddMillerTV.com