Bank of America Short Sale Agent closes Rental Property Short Sale

Oct. 10, 2012 - PRLog -- As dramatic unemployment continues in Las Vegas, more rental property owners are finding themselves facing foreclosure.  Homeowners who find themselves in this circumstance often feel powerless and are guarded about whom to turn to for a solution.  As a result, confusion among homeowners in default on their mortgage continues to abound.

“We live in an age of hyper-information, but that’s not enough,” says Tania Michaels, a Las Vegas short sale agent at Focus Commercial Group.  “A personal contact is still necessary to make sense of all this information.”

Michaels has developed a free report entitled, “The Foreclosure Fairytale,” which is accessible from her website, MichaelsRealEstate.com/Fairytale

The report provides a thorough rundown of all of the ways that a short sale is more beneficial than a foreclosure.  Interested parties are encouraged to download this report or contact Michaels for a confidential interview at 702-546-6432 as soon as possible.

Michaels says that when a loan modification fails, many homeowners feel defeated and think their only option is to let the bank have the house back.  “Most people know that a foreclosure is bad for your credit,” said Michaels, “but not many people realize that it can affect things like your insurance rates, your credit card rates, your rent payment, your current and future employment as well.  A foreclosure is more expensive than people realize."

One of most predictable groups to fall into the foreclosure trap is the smaller investor who may one or two rental properties which previously supplemented their employment income, but now has become an unaffordable liability.  “Well-meaning friends and neighbors can sometimes distribute information about short sales and foreclosures that simply isn’t true. The fact is, a short sale is always the better option for numerous reasons,” says Michaels.

As a Certified Distressed Property Expert (CDPE®), Tania Michaels has intimate knowledge about the benefits of a short sale over foreclosure. “These benefits are nothing new,” Michaels said, “but there is so much misinformation out there that it is easy to be misled.”

Michaels recently closed on a rental property short sale with Bank of America.  From start to finish, the short sale was completed in five months.  Michaels was also able to obtain for her client a waiver Bank of America, in writing, that they would not pursue her client for a deficiency balance.

A Certified Distressed Property Expert (CDPE®) is knowledgeable of the entire landscape of foreclosure avoidance options and is distinctly qualified to negotiate with banks and help struggling homeowners regain peace of mind and a sense of stability for the future.

About
Certified Las Vegas short sale experts are those who have proactively sought out the most respected designations and networks in the industry to help clients within the complicated and highly charged default property arena. Tania Michaels is a certified Las Vegas short sale agent with the CDPE® designation.  Adept at negotiating with lenders, Michaels is considered an expert in the short sale industry by her clients and her peers.

Tania Michaels is a REALTOR® and a Las Vegas CDPE® short sale agent.  This multilingual, multifaceted, award-winning 16-year real estate professional in Las Vegas, specializes in representing sellers in the sale of their property (including short sale negotiations) and land acquisitions.  Las Vegas homeowners, apartment owners, and investors may benefit from her experience with in the residential and land sector which allows her to offer insight from the vantage point of an all-around insider.

If you have an interest in selling your Las Vegas real estate, Tania can be reached through her website at: MichaelsRealEstate.com

Photos:
https://www.prlog.org/11996257/1
https://www.prlog.org/11996257/2