Loudin Group at Dick Blair Realty is there for consumers needing to do a short sale Boulder City, Nevada

Time to short sell your home?

Not sure what a short sale is? A short sale happens when you owe more than what the house is worth. This situation is often caused by values in an area rapidly declining.

Short sales can be a way for homeowners to preclude foreclosure and get out from under their loan with the lender by settling.

What steps do I take in a short sale?

First, assess the true market value of your house. A good real estate professional, like those at Loudin Group at Dick Blair Realty, will be able to give you a realistic idea of what your house will possibly sell for based on a market analysis. Beware of websites where a computer estimates your property's market value since they may not have complete information or know important things like neighborhood trends and current listings.


	When you're ready to get started, contact me through my site or e-mail me. I'm happy to address any questions you have about real estate short sales.

Next, don't forget about your closing costs. The qualified real estate professionals at Loudin Group at Dick Blair Realty will account for fees like title report, appraisal, escrow, property taxes, and agent commissions to tally your final costs at closing.

Finally, call your lender and tell them of your situation. They may even have a dedicated department that handles short sales. Ask about their specific procedures. Some lenders will be more willing to work with you than others. They may be able to lessen your loan principal or make other arrangements. Your lender will have to agree to the final sale.

Loudin Group at Dick Blair Realty 833 Nevada Way, Ste. 2 Boulder City, NV 89005

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