Short Sales By Chris

Don't Give Up On Your Financial Future...
Minimize Credit Damages Now!

What's A Short Sale?

Unfortunately, these circumstances are becoming more and more common, not only here in Las Vegas, but across the country.

I would like to help clearly explain the whole Short Sale situation that our community is currently facing. This site offers information for Home Sellers, Home Buyers, Real Estate Agents, and Investors. Please click on the appropriate link, or give me a call to schedule a confidential consultation.



Chris Giddings, REALTOR
24 Hr Recorded Information
(800) 375-2634 Ext. 7722


Over 15 Years Experience in
Foreclosure, Bankruptcy and
Short Sale Negotiations
of Real Estate Sales.


Realty Executives of Nevada
Independently Owned & Operated

Short Sale vs. Foreclosure

Short Sale

Foreclosure

Minimal Effect on
Credit Score
Drops Score
100-150 Points
Credit-Worthy
in 1-2 years
Negative Credit
reports 7-10 years
Mortgage Account
reported PAID may actually raise credit
+/- 50 points
Shows future lenders
financial irresponsibility


* Always seek the advice of a certified CPA in any real estate transaction.
Have any of these situations happened to you?

· You found yourself in a financial nightmare due to job loss, medical bills, or an adjustable rate mortgage.

· You feel you made inappropriate financial decisions in the past and you're struggling to make ends meet.

· You've fallen behind on mortgage payments and have no idea how to catch up.

· You're in bankruptcy and can not afford the new payment plan to catch up mortgage payments.

· You've stopped taking calls from the bank.

· You have no idea what your options are and need more information for your particular situation.

What is a Short Sale?

A SHORT SALE is when you sell your house for less than the amount owed. Your lender agrees to take less money, to report the loan paid, and to avoid taking the property to foreclosure (they don't want that to happen either, it may cost them too much).

A SHORT SALE is an option you may consider to avoid going through the process of a foreclosure.

A SHORT SALE will not have a negative impact on your credit, unlike a foreclosure.

A SHORT SALE will not cost you additional, out of the ordinary costs in selling your home.

The sooner you satisfy that mortgage by selling your property, the sooner you will be on your way to a brighter financial future.

Are you a Real Estate Agent Looking for Help With a Short Sale client? Submit Your Questions Here.

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