Nevada Short Sales | Time Running Out For Nevada Homeowners

If you’ve been thinking about doing a short sale on your Nevada home, you might want to hurry up.  The time is limited for homeowners who want to ensure they aren’t hit with a big tax bill because they had to walk away from a mortgage obligation.  The Mortgage Forgiveness Debt Relief Act is set to expire on December 31, 2012.   At the height of the housing crisis, Congress passed the Mortgage Forgiveness Debt Relief Act of 2007, designed to provide some consolation to folks who had lost their homes. In summary, the Mortgage Forgiveness Debt Relief Act states that if you borrow money (up to $2 million dollars) from a bank or a commercial lender and the lender cancels or forgives the debt (a.k.a. Short Sale) then you are not responsible for paying taxes on the forgiven amount.  This applies only to primary residences, NOT investment properties.   The Mortgage Forgiveness and Debt Relief Act applies to debt forgiven in calendar years 2007 through 2012.  It has not yet been determined if the Mortgage Forgiveness Act will be extended past 2012.   Upon the completion of a successful short sale transaction, your bank is required by law to provide the IRS with a Form 1099-C.  The 1099-C will show the IRS the amount of debt which was cancelled or forgiven.  Before December 20, 2007, (this is the date which the Mortgage Forgiveness Debt Relief was enacted) the amount of forgiven debt was considered to be taxable income.  This is no longer the case for primary residences; however, all this could change if the Mortgage Forgiveness Act is not extended.

One of the most frequent questions we are asked regarding short sale transactions involves the tax consequences of these situations.  There is a tremendous amount of mis-leading and “completely false” information floating around on the internet.   Of course as a Realtor, we are not licensed to give tax advice, and thus will strongly suggest that you always consult with a licensed CPA or attorney when dealing with these matters; however, please click the attached link to view the Mortgage Forgiveness Debt Relief Act as it appears on the IRS web site (click link) http://www.irs.gov/individuals/article/0,,id=179414,00.html

Since 2007,  The Myers Team with The Caliber Realty Group closed more short sale transactions than any Realtor or Broker in Nevada.  Myers Team owners, Bill and Francoise Myers have helped hundreds of Las Vegas families avoid foreclosure.  Myers said, “Sellers facing foreclosure must remember that banks are not looking out for you or your family.  When you work with The Myers Team, our job is to get between you and the bank.  We represent our clients, NOT the banks.  It is our job to negotiate the best possible outcome.  Ultimately, our job is to take away the stress, and make the transaction as smooth and stress-free as possible.”

*Production is based on results from January 1, 2007 through December 31, 2011 (short sale listing ends only.) The information provided is obtained from public records, it is deemed reliable but not guaranteed.

Visit The Myers Team web site at http://www.NevadaShortSaleInfo.com

For Non-Short Sales, visit http://www.LasVegasList4Less.com

The Myers Team | Nevada Short Sale Experts

 

The Myers Team | Nevada's Top Short Sale Realtors

 

Nevada Short Sale Experts | Who Are Nevada’s Top Short Sale Realtors?

The Myers Team | Nevada's Top Short Sale Realtors

*Production is based on results from January 1, 2007 through December 31, 2011 (short sale listing ends only.) The information provided is obtained from public records, it is deemed reliable but not guaranteed.

Visit The Myers Team web site at: http://www.NevadaShortSaleInfo.com

     

Mortgage Forgiveness Debt Relief Act Expires Dec 31 2012!

Las Vegas, Nevada – If you’ve been thinking about doing a short sale on your Nevada home, you might want to hurry up.  The time is limited for homeowners who want to ensure they aren’t hit with a big tax bill because they had to walk away from a mortgage obligation.  The Mortgage Forgiveness Debt Relief Act is set to expire on December 31, 2012.   At the height of the housing crisis, Congress passed the Mortgage Forgiveness Debt Relief Act of 2007, designed to provide some consolation to folks who had lost their homes.

In summary, the Mortgage Forgiveness Debt Relief Act states that if you borrow money (up to $2 million dollars) from a bank or a commercial lender and the lender cancels or forgives the debt (a.k.a. Short Sale) then you are not responsible for paying taxes on the forgiven amount.  This applies only to primary residences, NOT investment properties.   The Mortgage Forgiveness and Debt Relief Act applies to debt forgiven in calendar years 2007 through 2012.  It has not yet been determined if the Mortgage Forgiveness Act will be extended past 2012.

Upon the completion of a successful short sale transaction, your bank is required by law to provide the IRS with a Form 1099-C.  The 1099-C will show the IRS the amount of debt which was cancelled or forgiven.  Before December 20, 2007, (this is the date which the Mortgage Forgiveness Debt Relief was enacted) the amount of forgiven debt was considered to be taxable income.  This is no longer the case for primary residences; however, all this could change if the Mortgage Forgiveness Act is not extended.

One of the most frequent questions we are asked regarding short sale transactions involves the tax consequences of these situations.  There is a tremendous amount of mis-leading and “completely false” information floating around on the internet.   Of course as a Realtor, we are not licensed to give tax advice, and thus will strongly suggest that you always consult with a licensed CPA or attorney when dealing with these matters; however, please click the attached link to view the Mortgage Forgiveness Debt Relief Act as it appears on the IRS web site (click link) http://www.irs.gov/individuals/article/0,,id=179414,00.html

Last year, The Myers Team with The Caliber Realty Group closed more short sale transactions than any Realtor or Broker in Nevada.  Myers Team owners, Bill and Francoise Myers have helped hundreds of Las Vegas families avoid foreclosure.  Myers said, “Sellers facing foreclosure must remember that banks are not looking out for you or your family.  When you work with The Myers Team, our job is to get between you and the bank.  We represent our clients, NOT the banks.  It is our job to negotiate the best possible outcome.  Ultimately, our job is to take away the stress, protect our clients assets, and make the transaction as smooth and stress-free as possible.”

Visit The Myers Team web site at http://www.NevadaShortSaleInfo.com

For Non-Short Sales, visit http://www.LasVegasList4Less.com

Nevada Short Sale - The Myers Team

AB284 Helps Nevada Homeowners Seeking Short Sales

There was a significant decline in the number of mortgage default notices served on homeowners in the Las Vegas metro area and in Nevada in October, but not because of a sudden recovery in the housing market.

Instead it has to do with a new state law, Assembly Bill 284, which went into effect Oct. 1. The law requires the assignment of a mortgage or the beneficial interest in a deed of trust to be filed with the county recorder’s office in the county where the home is located, rather than making this a voluntary option.

The law also requires any notices of default and election to sell real property to include an affidavit regarding the deed of trust, the amounts due, the possession of the note and deed of trust and the authority to foreclose. Failure to comply is subject to a civil penalty, and the penalty to make false representations concerning property title was increased from a gross misdemeanor to a category C felony.

The law has slowed mortgage lenders down in their bid to foreclose on homes by compelling them, in effect, to prove that they have the proper authority to instigate foreclosure actions. This has become a matter of dispute nationwide as criticism mounts against the unregulated Mortgage Electronic Registration Systems, which was set up by banks as a warehouse of mortgage-related documents. By using MERS instead of recorders’ offices, banks have been accused of contributing to a muddled paper trail that calls into question who actually has beneficial interest in the mortgage loans as they get packaged and sold to third-party investors.

According to Bill Myers, Nevada’s Top Short Sale Realtor with the Caliber Realty Group, “This new law will significantly help homeowners in distress who are trying to do a short sale.  Since the short sale process can take anywhere from three to six months, AB284 should allow homeowners more time to complete the short sale of their home, due to the fact that banks are taking longer to initiate the foreclosure process.”  Myers added, “There has never been a better time to do a short sale in Nevada.”

Additionally, Myers said, “Todays homebuyers are afraid to purchase bank-owned properties due to chain of title problems from bogus signatures, improper filings and robo-signings.  In Nevada, tens of thousands of homeowners don’t really own their homes due to improper foreclosure proceedings.  This makes purchasing short sale properties a better option for home buyers.”

According to RealtyTrac.com, the new law contributed to a 34.5 percent decline in the number of foreclosure notices filed against Nevada homes in October versus September. Foreclosure filings include notices of default and trustee sales and properties repossessed by banks. That decline was caused mostly by a 75 percent decrease in default notices statewide.

Still, Nevada maintained the nation’s highest foreclosure rate for the 58th straight month by having 180 housing units per filing, more than triple the national rate of 563 housing units per filing.

The Las Vegas metro area in October fell to fifth place among areas with at least 200,000 residents, after topping the list for 22 consecutive months. Las Vegas, with 162 housing units per filing, saw a 36.2 percent decrease in foreclosure filings in October versus September. But the metro area experienced an 80 percent drop in default notices.

Last year, The Myers Team sold more short sale listings than any Realtor or Broker in Nevada.  Myers Team Owners, Bill and Francoise Myers have helped hundreds of Las Vegas families avoid foreclosure.  Myers said, “Sellers facing foreclosure must remember that banks are not looking out for you or your family.  When you work with The Myers Team, our job is to get between you and the bank.  We represent our clients, NOT the banks.  It is our job to take away the stress and negotiate the best possible outcome.

Visit The Myers Team web site at http://www.NevadaShortSaleInfo.com

For Non-Short Sales, visit http://www.LasVegasList4Less.com

The Myers Team - Nevada Short Sale Solutions

Why Nevada Short Sales Work and Loan Modifications Fail

Las Vegas, Nevada – We have all witnessed the Occupy Wall Street demonstrations taking place in New York, and major cities throughout the country. Protesters are pointing their finger at major banking institutions, blaming them for the collapse of our housing market and economy; however, are American banks the source of the real problem?

Let’s face it, banks are an easy target. The days of trusting your neighborhood banker are long gone. It would seem that banks are going out of their way to make life difficult for American homeowners. Millions have applied for mortgage modifications and been denied. Government loan assistance such as HAMP, HAFA, Hope Now, and the Making Homes Affordable Programs have been complete disasters. Thousands of homeowners are being foreclosed upon each day, and people are angry. While it seems logical to blame the banks, the fact remains that the reason banks are not modifying mortgages for homeowners can be blamed directly on the federal government.

Most people do not realize that the bank they obtained their mortgage from, does not typically own their loan. It is ultimately the decision of the investor whether or not to approve a loan modification. Just for clarification, your loan servicer is the financial institution that collects your monthly mortgage payments and has responsibility for the management and accounting of your loan. (Servicers include banks such as Bank of America, Wells Fargo, Citigroup, Chase, ASC, Litton, GMAC, Greentree, etc.) The majority of residential mortgages are owned by groups of investors (i.e. Fannie Mae, Freddy Mac, Ginnie Mae, etc.) and these investors hire loan servicers (banks) to interact with the homeowners on their behalf.

The Federal National Mortgage Association (Fannie Mae) is the nation’s largest mortgage buyer (investor) and a financial institution that affects the lives of tens of millions of homeowners. It was taken over by the federal government on Sept. 8, 2008, along with Freddie Mac, as the two mortgage giants struggled with deep losses and investors lost confidence in the pair. According to Bloomberg Business and Financial News, Fannie Mae and Freddy Mac control more than 71 percent of residential mortgages. Between Fannie Mae (FNMA), Freddy Mac (FHMLC), and Ginnie Mae (GNMA), the government controlled company that issues and insures loans by the Federal Housing Administration, our government controls nearly 97 percent of U.S. mortgages.

Since bank investors must ultimately approve a loan modification, and since 97 percent of U.S. mortgages are controlled by the government, then shouldn’t the federal government be held accountable for the tsunami of foreclosures and the failure of loan modification programs? Banks simply cannot approve a loan modification without permission from the investor of the loan, and 97 percent of U.S home loans are controlled by the government.

This presents several interesting questions. Why aren’t the Wall Street Protesters demonstrating in front of the Federal Reserve, or the White House? Additionally, why is our government rewarding the people responsible for the collapse of the housing market?

According to Politico, The Obama administration’s efforts to fix the housing crisis may have failed to help millions of distressed homeowners, but our leaders in Washington have allowed seven-figure bonuses to reward top executives at troubled mortgage giants Fannie Mae and Freddie Mac.

The Federal Housing Finance Agency, the government regulator for Fannie and Freddie, recently approved $12.79 million in bonus pay after 10 executives from the two government-sponsored corporations last year met modest performance targets tied to modifying mortgages in jeopardy of foreclosure.

The executives got the bonuses about two years after the federally backed mortgage giants received nearly $170 billion in taxpayer bailouts. This was allowed despite pledges by FHFA, the office responsible for keeping them solvent, that it would adjust the level of CEO-level pay after critics slammed huge compensation packages paid out to former Fannie Mae CEO Franklin Raines and others.

Demonstrators around the country protest corporate greed, however, why don’t protesters hold our leaders in Washington accountable since our federal government is directly responsible for financially rewarding the people who caused the crisis?

With hundreds of billions in taxpayer dollars required to keep Fannie Mae and Freddy Mac running, questions are arising about the nature of the pay packages and how performance goals are determined. Bill Myers, co-owner of The Myers Team with the Caliber Realty Group asks, “Why does our government continue to throw homeowners out on the street, yet pay $12.79 million in bonuses to the people responsible for the housing crisis?” Myers is currently ranked the number one short sale Real Estate agent in Nevada.

Myers Team owners, Bill and Francoise Myers have helped hundreds of Las Vegas families avoid foreclosure. Myers said, “Sellers facing foreclosure must remember that banks are not looking out for you or your family. When you work with The Myers Team, our job is to get between you and the bank. We represent our clients, NOT the banks. It is our job to negotiate the best possible outcome. Ultimately, our job is to take away the stress, and make the transaction as smooth and stress-free as possible.”

Visit The Myers Team web site at http://www.NevadaShortSaleInfo.com

For Non-Short Sales, visit http://www.LasVegasList4Less.com

Nevada Short Sales - The Myers Team

Short Sales in Nevada – How to Walk Away Without Owing the Bank

Las Vegas, Nevada – In a city like Las Vegas, there are very few absolutes. Always split aces and eights. Never bet more than you can afford to lose and never wise-off to the bouncer. For Las Vegas homeowners considering a short sale, there is one more absolute: The Myers Team is Nevada’s #1 Short Sale Team.

After closing hundreds of short sale properties in Nevada, the biggest question we get asked from homeowners is, “Do I have a hardship and will I qualify for a short sale?”  While each person’s financial situation is unique, the fact remains that practically everyone in Nevada is experiencing hardship to some degree.  Let’s face it, our homes have lost more than half their value, and our state leads the nation in foreclosures and mortgage defaults.

While we can all agree that the majority of Nevadans are facing hard times, this will not be enough to convince the bank to forgive you from your mortgage obligation.  You will need to come up with some facts and evidence to show the bank that your hardship is legitimate.  Hardship can be defined as an increase in your expenses and/or a decrease in your income.  You do not need to be poor to qualify for a short sale.  In fact, actor Nicolas Cage successfully completed a short sale on his Las Vegas home, and he makes millions of dollars each year.

When you inform your bank that you are considering a short sale, the first thing they will do is look at the financial documents which you submitted when you bought the house.  Unless you paid cash for your home, you had to qualify for a loan, and you submitted pay stubs, tax returns; W-2’s and bank statements to your lender showing that you could afford the mortgage payment.  When you apply for a short sale, you will be asked by your bank to provide a current set of the same financial documents because the bank will want to see what has changed in your financial situation that is preventing you from fulfilling your mortgage obligation.  Your lender will compare the two sets of financial documents, however, numbers only tell part of the story.  This is where you will need to prepare a convincing hardship letter to plead your case.

After assembling hundreds of short sale packages we have found that more than any other document, the hardship letter can make or break a short sale. While banks care most about dollars and cents, it is important to remember that the package will be reviewed by an individual loss mitigator. Like the rest of us, this loss mitigator is a real person with real emotions who cannot help but be influenced by a sincere story of hardship.

It is important that you put some effort into writing the hardship letter. The borrower should write the letter in their own words, but they need to make sure that there is a clear picture of their financial condition, and back up their claims with documentation, such as pay stubs, proof of reduction in hours at work, illness, medical bills, job layoff letters, and more. Inability to rent your property, marital difficulties and military service can also be considered a hardship.  The numbers should clearly illustrate that the borrower is headed for foreclosure or bankruptcy. This will motivate the lender to cooperate.

Lenders are all about numbers, so the letter isn’t a sob story about the borrower’s difficulties. It should be a factual description of a financial situation that is leading up to a bankruptcy or a foreclosure on their home, or both. The lender must be convinced that their only other option is foreclosure, and then they can analyze the numbers to see if a short sale is a preferable alternative.

The short sale hardship letter can be typed or handwritten, but we have found that handwritten is most effective. It should contain some standard elements at the top of the letter including the name of the borrower(s), the date, the lender and the loan number. The end of the document should have the borrower’s signature with the date, as well as the signature of any co-borrower. The length is not important so make it as long as needed to have the desired impact.

In 2010, The Myers Team sold more short sale listings than any Realtor or Broker in Nevada.  Myers Team Owners, Bill and Francoise Myers have helped hundreds of Las Vegas families avoid foreclosure.  Myers said, “Sellers facing foreclosure must remember that banks are not looking out for you or your family.  When you work with The Myers Team, our job is to get between you and the bank.  We represent our clients, NOT the banks.  It is our job to take away the stress and negotiate the best possible outcome.  Ultimately, our job is to help our clients get a fresh start.”

Visit The Myers Team web site at http://www.NevadaShortSaleInfo.com

For Non-Short Sales, visit http://www.LasVegasList4Less.com

Nevada's #1 Short Sale Realtors - Bill and Francoise Myers

Nevada Short Sales – Questions to Ask Your Realtor

Las Vegas, Nevada – A short sale transaction is without doubt, the most complicated transaction in residential real estate.  Just because a Realtor is experienced, does not mean that he/she is experienced with short sales.  Here’s an example which illustrates the importance of hiring the right real estate agent to handle your short sale.  If you needed to hire an airplane pilot to fly you across the country, there are literally thousands of licensed and experienced pilots to choose from.  Now, let’s take the same example and change the terms.  What if the flight was going to be flown over a hostile, enemy country?  Would you still want to hire a standard commercial pilot, or would you prefer to fly in an Air Force fighter jet flown by an experienced Top Gun certified pilot armed with the best missles and weapons to deter an enemy threat?

The consequences of foreclosure can be devistating, and the decision in selecting a Real Estate firm to handle the short sale of your home is an important one. Banks are quick to take advantage of Realtors who are unfamiliar with the short sale negotiation process. In a short sale transaction, you need a Realtor who is a short sale specialist and has extensive experience negotiating with banks.

When interviewing a Realtor to do a Short Sale on your home, ask to see written
proof of closings in their name. (Not closings in their office, company, or with other team members.)  In a short sale transaction, experience is everything.

In a city like Las Vegas, there are very few absolutes. Always split aces and eights. Never bet more than you can afford to lose and never wise-off to the bouncer. For Las Vegas homeowners considering a short sale, there is one more absolute: The Myers Team is Nevada’s #1 Short Sale Team.

The Myers Team is nationally recognized as one of the most influential figures in real estate today. In 2010, Bill and Francoise Myers, owners of The Myers Team, successfully sold more short sale listings than any Realtor or Broker in Nevada.

In this challenging Real Estate market, homeowners don’t need a salesman…they need an advocate. With many Realtors proclaiming themselves to be Las Vegas Short Sale Experts, Bill and Francoise Myers are the “real deal.” They have continually broken sales records, and when it comes to short sale transactions, they are considered by most experts to be the “industry leaders.”

Myers Team Owners, Bill and Francoise Myers have helped hundreds of Las Vegas families avoid foreclosure.  Myers said, “Sellers facing foreclosure must remember that banks are not looking out for you or your family.  When you work with The Myers Team, our job is to get between you and the bank.  We represent our clients, NOT the banks.  It is our job to take away the stress and negotiate the best possible outcome. Ultimately, our job is to help our clients get a fresh start.”

Visit The Myers Team web site at http://www.NevadaShortSaleInfo.com

For Non-Short Sales, visit http://www.LasVegasList4Less.com

Bill and Francoise Myers - Nevada short Sale Realtors

Nevada Short Sale Advisors – The Myers Team

Las Vegas, Nevada – In a city like Las Vegas, there are very few absolutes. Always split aces and eights.  Never bet more than you can afford to lose and never wise-off to the bouncer.  For Las Vegas homeowners considering a short sale, there is one more absolute:  The Myers Team is Nevada’s #1 Short Sale Team.

After closing hundreds of short sale properties in Nevada, the biggest question we get asked from homeowners is, “Do I have a hardship and will I qualify for a short sale?”  While each person’s financial situation is unique, the fact remains that practically everyone in Nevada is experiencing hardship to some degree.  Let’s face it, our homes have lost more than half their value, and our state leads the nation in foreclosures and mortgage defaults.  While we can all agree that the majority of Nevadans are facing hard times, this will not be enough to convince the bank to forgive you from your mortgage obligation.  You will need to come up with some facts and evidence to show the bank that your hardship is legitimate.  Hardship can be defined as an increase in your expenses and/or a decrease in your income.  You do not need to be poor to qualify for a short sale.  In fact, actor Nicolas Cage successfully completed a short sale on his Las Vegas home, and he makes millions of dollars each year.

When you inform your bank that you are considering a short sale, the first thing they will do is look at the financial documents which you submitted when you bought the house.  Unless you paid cash for your home, you had to qualify for a loan, and you submitted pay stubs, tax returns; W-2’s and bank statements to your lender showing that you could afford the mortgage payment.  When you apply for a short sale, you will be asked by your bank to provide a current set of the same financial documents because the bank will want to see what has changed in your financial situation that is preventing you from fulfilling your mortgage obligation.  Your lender will compare the two sets of financial documents, however, numbers only tell part of the story.  This is where you will need to prepare a convincing hardship letter to plead your case.

After assembling hundreds of short sale packages we have found that more than any other document, the hardship letter can make or break a short sale. While banks care most about dollars and cents, it is important to remember that the package will be reviewed by an individual loss mitigator. Like the rest of us, this
loss mitigator is a real person with real emotions who cannot help but be
influenced by a sincere story of hardship.

It is important that you put some effort into writing the hardship letter. The
borrower should write the letter in their own words, but they need to make sure
that there is a clear picture of their financial condition, and back up their claims with documentation, such as pay stubs, proof of reduction in hours at work, illness, medical bills, job layoff letters, and more. Inability to rent your property, marital difficulties and military service can also be considered a hardship.  The numbers should clearly illustrate that the borrower is headed for foreclosure or bankruptcy. This will motivate the lender to cooperate.

Lenders are all about numbers, so the letter isn’t a sob story about the borrower’s
difficulties. It should be a factual description of a financial situation that is leading up to a bankruptcy or a foreclosure on their home, or both. The lender must be convinced that their only other option is foreclosure, and then they can analyze the numbers to see if a short sale is a preferable alternative.

The short sale hardship letter can be typed or handwritten, but we have found that handwritten is most effective. It should contain some standard elements at the top of the letter including the name of the borrower(s), the date, the lender
and the loan number. The end of the document should have the borrower’s
signature with the date, as well as the signature of any co-borrower. The length
is not important so make it as long as needed to have the desired impact.

In 2010, The Myers Team sold more short sale listings than any Realtor or Broker in Nevada.  Myers Team Owners, Bill and Francoise Myers have helped hundreds of Las Vegas families avoid foreclosure.  Myers said, “Sellers facing foreclosure must remember that banks are not looking out for you or your
family.  When you work with The Myers Team, our job is to get between you
and the bank.  We represent our clients, NOT the banks.  It is our job to take away the stress and negotiate the best possible outcome.  Ultimately, our job is to help our clients get a fresh start.”

Visit The Myers Team web site at http://www.NevadaShortSaleInfo.com

For Non-Short Sales, visit http://www.LasVegasList4Less.com

Bill and Francoise Myers - The Myers Team

We Stop Foreclosure – Meet Nevada’s #1 Short Sale Realtor

Nevada Short Sale Experts

Las Vegas, Nevada -  A recent report released by IMS Advanced Realty Data Services named The Myers Team the #1 Short Sale Real Estate Team in Nevada.  Number one status was determined by actual short sale listings closed in 2010.

According to the report, The Myers Team with the Caliber Realty Group has closed more short sale transactions than any Realtor or Broker in Las Vegas.  The Myers Team is nationally recognized as one of the most influential figures in real estate today.  According to Myers Team owner, Bill Myers, “Surrendering a home worth half of what you owe is NOT a failure, it’s a business decision.  A short sale is an opportunity for you and your family to take control and walk away free and clear. Nobody wants to lose their home; however, loan modification doesn’t work and there is no need to go down with a sinking ship.  Homeowners need to know when to say enough is enough.”

Many Realtors proclaim themselves to be short sale experts; however, according to Myers, “A Realtor in Las Vegas can become a Certified Short Sale Expert by attending a one day class at the Board of Real Estate.  The ability to be called an expert in any field should be based upon performance and consistent results; not based upon attending an afternoon seminar.” Myers added, “This would be the same as calling yourself a ‘home run expert’ after attending a one-day baseball class yet never picking up a bat or actually hitting a ball.”  The Myers Team has continually broken sales records, and when it comes to short sale transactions, they are considered by most experts to be industry leaders.

The Myers Team worked for Century 21 for nine years; however, in
2011 they joined forces with the Caliber Realty Group.  According to Myers, “The Real Estate market has changed; however, most Real Estate companies have not. While most large Real Estate Brokers are still learning how to do short sales, the Caliber Realty Group is backed by ownership that has been dealing with Banks and Loss Mitigation Departments for almost three decades.” Additionally, Myers
said, “A short sale is one of the most complicated transactions in residential real estate and experience is everything.  If you needed open-heart surgery, would you go to jack of all trades physician, or would you visit a heart specialist?  The Caliber Realty Group specializes in short sale transactions. This experience allows Caliber Realty to offer a higher caliber of service and stand out in today’s unique real estate market.”

Bill and Francoise Myers have helped hundreds of Las Vegas families avoid foreclosure.  Myers said, “Sellers facing foreclosure must remember that banks are not looking out for you or your family.  When you work with The Myers Team, our job is to get between you and the bank.  We represent our clients, NOT the banks.  It is our job to negotiate the best possible outcome.  Ultimately, our job is to take away the stress, and make the transaction as smooth and stress-free as possible.”

Visit The Myers Team web site at http://www.NevadaShortSaleInfo.com

Nevada Short Sales - The Myers Team are Nevada Short Sale Experts

Nevada Short Sale Information – Myers Team Selling More Short Sale Homes Than Ever

Las Vegas, Nevada -  A recent report released by IMS Advanced Realty Data Services named The Myers Team the #1 Short Sale Real Estate Team in Nevada.  Number one status was determined by actual short sale listings closed in 2010.

According to the report, The Myers Team with the Caliber Realty Group has closed more short sale transactions than any Realtor or Broker in Las Vegas.  The Myers Team is nationally recognized as one of the most influential figures in real estate today.  According to Myers Team owner, Bill Myers, “Surrendering a home worth half of what you owe is NOT a failure, it’s a business decision.  A short sale is an opportunity for you and your family to take control and walk away free and clear. Nobody wants to lose their home; however, loan modification doesn’t work and there is no need to go down with a sinking ship.  Homeowners need to know when to say enough is enough.”

Many Realtors proclaim themselves to be short sale experts; however, according to Myers, “A Realtor in Las Vegas can become a Certified Short Sale Expert by attending a one day class at the Board of Real Estate.  The ability to be called an
expert in any field should be based upon performance and consistent results;
not based upon attending an afternoon seminar.” Myers added, “This would be the same as calling yourself a ‘home run expert’ after attending a one-day baseball class yet never picking up a bat or actually hitting a ball.”  The Myers Team has continually broken sales records, and when it comes to short sale transactions, they are considered by most experts to be industry leaders.

The Myers Team worked for Century 21 for nine years; however, in 2011 they joined forces with the Caliber Realty Group.  According to Myers, “The Real Estate market has changed; however, most Real Estate companies have not. While most large Real Estate Brokers are still learning how to do short sales, the Caliber Realty Group is backed by ownership that has been dealing with Banks and Loss Mitigation Departments for almost three decades.” Additionally, Myers
said, “A short sale is one of the most complicated transactions in residential real estate and experience is everything.  If you needed open-heart surgery, would you go to jack of all trades physician, or would you visit a heart specialist?  The Caliber Realty Group specializes in short sale transactions. This experience allows Caliber Realty to offer a higher caliber of service and stand out in today’s unique real estate market.”

Bill and Francoise Myers have helped hundreds of Las Vegas families avoid foreclosure.  Myers said, “Sellers facing foreclosure must remember that banks are not looking out for you or your family.  When you work with The Myers Team, our job is to get between you and the bank.  We represent our clients, NOT the banks.  It is our job to negotiate the best possible outcome.  Ultimately, our job is to take away the stress, and make the transaction as smooth and stress-free as possible.”

Visit The Myers Team web site at http://www.NevadaShortSaleInfo.com

Nevada Short Sales - The Myers Team