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SOLD Short Sale Home in Las Vegas NV

SOLD Short Sale Home in Las Vegas NV

 

Single stories in Las Vegas are always in high demand, such was the case with 4325 E New York Ave.

Property details:4325 E New York Ave Las Vegas NV

  • 3 bedrooms
  • 2 bathrooms
  • 2 car garages
  • living area 1,231 SF
  • lot size 7,405 SF
  • RV parking
  • fireplace
  • year built 1988

 

Follow the link to see all available Short Sale Single Story Homes in Las Vegas.

The listing was a short sale, and we knew that we have to move quickly as owner started receiving letters from lender threatening with immediate foreclosure.

All necessary paperwork was gathered, communication with lender established and even before initial package got submitted we were able to have negotiator assigned to the case. Within a first week complete short sale package was submitted, listing was taken and marketing of the property was in a full swing. Within first 10 days we received 5 offers.

With short sale transactions it is imperative to find qualified buyer, otherwise few months of hard work can easily be wasted. We were able to find such a buyer:

  • buyer was fully approved for the loan
  • understood the short sale process (length and possible outcomes)
  • had representation through real estate agent who also understood the process

Accepted contract along with all other disclosures got sent to lender. The problem was that lender few weeks back received BPO (Brokers Price Opinion) which was almost $35,000 above our comps and offer we accepted!

We immediately started valuation dispute. It took about a month, but lender finally came around and with our supporting documentation we were able to overturn the initial valuation.

Soon after, short sale approval letter was issued as a HAFA short sale, which put seller in position to not just receive FULL deficiency waived by the lender, but also to receive relocation assistance.

 

Short Sale Release Letter

Needless to say client was beyond happy!

It took another 30 days for buyer to secure financing and property officially transferred on 06/12/2015.

The whole process, from taking the listing to finalizing the sale took 3 ½ months, and that’s including 1 month we lost disputing valuation with lender.

At the end everybody wins:

  • lender didn’t have to go through lengthy and expensive foreclosure
  • buyer owns the property that he loves
  • seller doesn’t have to worry about collection calls and lender helped with relocation

This client came to us as a referral from family that we successfully helped few years ago with their short sale with CHASE.

View all Short Sale Homes with Pools in Las Vegas.

 

Note about new HAFA rules:

Effective 02/01/2015, through amending Making Home Affordable Program, HAFA short sales that close on or after February 01, 2015 are eligible to receive relocation assistance of up to $10,000. Also, according to Making Home Affordable, “HAFA has a less negative effect on your credit score than foreclosure or conventional short sale.

If you are facing foreclosure, don’t think that you are out of options! I know short sale process very well and can help you with your situation. Call or text me at (702) 419-5359 so we can discuss your options.

 

SOLD Short Sale Home in Las Vegas NV

 

 

 

 

Posted in: Blog, Listings, Short Sales, Sold Tagged: short sales, single story

7127 Horseshoe Cliff Ave Las Vegas NV 89113

Search current inventory of Homes for Sale in Nevada Trails Las Vegas

Listing Details7127 Horseshoe Cliff Ave

Nevada Trails Beauty For Sale

7127 Horseshoe Cliff Ave, Las Vegas NV, 89113
Price: $449,950
MLS number: 1537098
Bedrooms: 4
Bathrooms: 3.5
Square Footage: 3,302

Call Michele Milic at 702-419-5359 to see if this property is still available and arrange a showing.

You Will Love the Views of Las Vegas STRIP From this Beautiful Home

Wonderful opportunity to own a stunning property in the Nevada Trails area of Southwest Las Vegas. At the entrance of the property are decorative iron security door with video door bell which leads to the front courtyard. From the courtyard there is direct access to mother-in-law quarters and separate third car garage with electric car hookup charging station.

Grand entrance will greet you with grand open to below area, beautiful chandelier, elegant staircase, and wooden floors. From there, floor plan opens up to formal living room with view of the courtyard and access to backyard. Formal dinning room is separated from family room/great room by decorative columns.

Great quality, thick crown molding throughout the whole house, plantation shutters on all outside windows and french doors, 6 sets of french doors going out to balconies, courtyard and backyard.

 


Click here to see additional images of this Nevada Trails home for sale.

Kitchen Perfect for Entertaining

If entertaining is your forte, there is no better place to do this then from the expansive kitchen in this amazing home. The stainless steel appliances make the kitchen come together, but it’s the vast amount of space that makes bringing friends together so easy. Kitchen features granite countertops with full backsplash , kitchen island, and walk-in pantry has plenty of room to hold food for a small army.

Nevada Trails in Southwest Las Vegas

Nevada Trails, nestled between Rhodes Ranch and Coronado Ranch in Southwest part of the Las Vegas valley is one of the most desirable neighborhoods in the entire Las Vegas area. With sweeping views of Las Vegas Strip (at least from front covered balcony) and close proximity to the city, you can be on the Strip or McCarran International Airport in 15 minutes, it’s an oasis in the city.

Nevada Trails Las Vegas NV 89113

The Homeowners association in this neighborhood is second to none. Streets are always well taken care of, lawns are mostly manicured with the utmost care. Community features 23 acres of extensive park system with interconnecting walking trails. Three main parks, Majestic Bluff, Robindale Park, and Nevada Trails County Park have plenty to offer, including tennis and basketball courts, exercise track, beautiful picnic area, playgrounds, and biking paths.

Find Similar Homes in the Area

7127 Horseshoe Cliff Ave Las Vegas NV 89113

Posted in: Blog, Listings, Nevada Trails Tagged: nevada trails

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About Michele Milic

I believe in treating my clients with the utmost respect, courtesy, confidentiality and to the best of my ability. I work closely with my clients to make sure they are completely educated on the process and in providing regular communications. My goal is to ensure that you have the best possible experience either buying or selling a home. I look forward to assisting you with your real estate needs.

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Michele Milic
[email protected]
(702) 419-5359
NV Lic. #60819

Realty One Group
8395 W Sunset Rd Ste#190
Las Vegas, NV 89113

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