Las Vegas Realtor Shows 4 Entities That Could Cause Problems in Short Sales

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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. 1. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT COULDCAUSE PROBLEMS IN SHORT SALES Brought to you by: www.ToddMillerTV.com
  2. 2. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT COULD CAUSE PROBLEMS IN SHORT SALESThere are four different entities that areworking with each other in order to conduct ashort sale and these are the seller, buyer,realtor, and lender.The seller is the person who sells the propertyto save himself from mortgage. The buyer isthe person who is willing to pay for theproperty. www.ToddMillerTV.com
  3. 3. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT COULD CAUSE PROBLEMS IN SHORT SALESA Las Vegas realtor is someone who will beworking on the documents to complete thetransaction.The lender is the person who releases themoney in order to allow a person to buy theproperty. www.ToddMillerTV.com
  4. 4. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT COULD CAUSE PROBLEMS IN SHORT SALESThe lender who causes problems is the onewho gave the seller a loan to buy the property.Short sales are conducted because theperson no longer has the capability to pay forthe mortgage; hence forcing him to sell theproperty at a much lower price. www.ToddMillerTV.com
  5. 5. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT COULD CAUSE PROBLEMS IN SHORT SALESWhen a lender sends an appraiser todetermine the value of the property and foundout that it is being sold for a price lower thanits value, the lender, in some cases, wontapprove the short sale.The Las Vegas realtor or real estate agentcould also be a reason why it is so hard to doa short sale. www.ToddMillerTV.com
  6. 6. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT COULD CAUSE PROBLEMS IN SHORT SALESSince the property will be sold for a muchlower price, the realtor will receive smallercommissions.For example, if they normally receive 6%commission for every sale and will receive 4%for a short sale; the realtor wont show it to thebuyer. www.ToddMillerTV.com
  7. 7. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT COULD CAUSE PROBLEMS IN SHORT SALESSince they will be doing the same work toclose the transaction, they think that it wouldbe better for them to simply hide the shortsales and focus on selling normal properties.The buyer could also be a problem in somecases, because there are buyers who cannotwait for months to get a new house. www.ToddMillerTV.com
  8. 8. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT COULD CAUSE PROBLEMS IN SHORT SALESNormally, short sales would take months, andif a buyer cannot wait this long for a property,then he would simply ignore the idea ofbuying short sales.A Las Vegas realtor wont be able to doanything with it, even if he is eager to sell theproperty, because of the time that it will taketo close a short sale. www.ToddMillerTV.com
  9. 9. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT COULD CAUSE PROBLEMS IN SHORT SALESThis is also one of the reasons why there areLas Vegas realtors who are having problemsin closing short sales.The seller, regardless of his need to close thedeal will, in some cases, decline the sell theproperty due to the fees that he needs tosettle. www.ToddMillerTV.com
  10. 10. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT COULD CAUSE PROBLEMS IN SHORT SALESThere are some people who would simplywait for their property to get foreclosedinstead of paying for the fees, because theythink that it wont advantageous for them.It is not that common, but this situation willoccur in some cases. www.ToddMillerTV.com
  11. 11. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT COULD CAUSE PROBLEMS IN SHORT SALESLearn more about the things that you can getfrom a Las Vegas realtor by visiting mywebsite now!I can provide you with all the information thatyou need, and you can be assured that youwill always get the best from a Las Vegasrealtor. Visiting my website will also show youwhy I am the best Las Vegas realtor that youcan get. www.ToddMillerTV.com
  12. 12. LAS VEGAS REALTOR SHOWS 4 ENTITIES THAT COULDCAUSE PROBLEMS IN SHORT SALES Brought to you by: www.ToddMillerTV.com

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