How Las Vegas Short Sales Work
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How Las Vegas Short Sales Work

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What are shorts sales? What can you do to avoid experiencing it? How can you get out of it whenever you are already in a short sale?...

What are shorts sales? What can you do to avoid experiencing it? How can you get out of it whenever you are already in a short sale?

For more info kindly visit my site: http://www.ToddMillerTV.com

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How Las Vegas Short Sales Work How Las Vegas Short Sales Work Presentation Transcript

  • HOW LAS VEGASSHORT SALES WORK Brought to you by: www.ToddMillerTV.com
  • HOW LAS VEGAS SHORT SALES WORKWhat are shorts sales?What can you do to avoid experiencing it?How can you get out of it whenever you arealready in a short sale? www.ToddMillerTV.com
  • HOW LAS VEGAS SHORT SALES WORKThese are some of the questions that we willbe answering in this article.As we go through this discussion, you will beable to learn more about short sales and willhelp you understand the problems that youmay experience with it. www.ToddMillerTV.com
  • HOW LAS VEGAS SHORT SALES WORKReading this article will also explain to you theimportance of hiring a real estate agent inorder to save yourself from the so-called shortsale.A short sale occurs whenever the value ofyour home is less than the amount that youhave to pay for the mortgage and the amountthat you need to spend for the sale of theproperty. www.ToddMillerTV.com
  • HOW LAS VEGAS SHORT SALES WORKAn example of this is when the value of ahouse is $200,000 with a total sale cost of$10,000.The total amount that you will be receivingfrom your property is $190,000, and you havea total mortgage of $290,000.Since you have to pay $100,000 more for themortgage, you are already in short sale. www.ToddMillerTV.com
  • HOW LAS VEGAS SHORT SALES WORKThere are people who are experiencing thiswho are giving away their home with anagreement that the buyer will be the oneresponsible in paying whatever was left in themortgage.This is where a real estate investor comes in. www.ToddMillerTV.com
  • HOW LAS VEGAS SHORT SALES WORKBut before you start investing your money inreal estate, it would be better if you are goingto hire a real estate agent first to be sure thatyou are making a good deal and that you willnot be taken down by the mortgage that youtook.When you take a mortgage, you are alreadyin debt. www.ToddMillerTV.com
  • HOW LAS VEGAS SHORT SALES WORKYour house will only become an asset afteryouve settled the amount that you have topay or whenever the value of the property thatyou purchased is already more than theamount that you need to spend.People who are getting into short sales arethose who are getting deeper and deeper intodebt. www.ToddMillerTV.com
  • HOW LAS VEGAS SHORT SALES WORKThe only way that they have in mind is to getinto short sales in order to save themselvesfrom debt.Actually this is one of the main reasons whyyou need to have a real estate agent beforeyou purchase a house. www.ToddMillerTV.com
  • HOW LAS VEGAS SHORT SALES WORKThey are professionals who are aware of thethings that you need to consider when buyinga house, and you can be assured that theywill help you get the most out of yourinvestment.If you are going to hire a real estate agent,you will be able to get advices and tips onhow to consider the property that you want tobuy. www.ToddMillerTV.com
  • HOW LAS VEGAS SHORT SALES WORKTodd P. Miller is a Realtor thatspecialized in Las Vegas Short Sales.If you want to know more about his LasVegas Short Sales services, pleasevisit his site athttp://www.ToddMillerTV.com . www.ToddMillerTV.com
  • HOW LAS VEGAS SHORT SALES WORK Brought to you by: www.ToddMillerTV.com