List Your Home
My Strategy for Las Vegas Short Sales
Let an Experienced REALTOR ® Help
Call Rob Flitton @ 702-496-7260
Rob Flitton has developed an effective Las Vegas Short Sale System for Sellers. Choosing the right REALTOR © with the right strategy is more important now than ever – you see, the The Mortgage Forgiveness Debt Relief Act (and Debt Cancellation) is set to expire December 31 of this year (2012).
What does this mean? Well, when a Seller does a short sale the debt that their bank waives is treated as income (sometimes known as “Phantom income” because it is treated as income by but you don’t receive an actual payment).
Example:
Mortgage Balance – $350,000
Net Sales Proceeds from sale of the home – $200,000
LOSS that the mortgage holder waives – $150,000
INCOME to Seller reported to the IRS – $150,000
Until December 2012, though, the Seller is entitled to an offsetting tax credit so that this phantom income is not taxed. This means if you’d like to do a Las Vegas Short Sale you have to act now – the average short sale takes about 6 months, so you have time.
Is YOUR Las Vegas home a toxic asset? Do YOU face foreclosure? Do YOU need to move and get out from under your home? Rob Flitton, “The Closer”, will come to your home to meet with you directly and discuss your options and come up with a strategy.
First, for clarity, we cannot recommend that you proceed with a Short Sale – only licensed professionals can advise you about the legal and tax implications, but we can refer you with a free introductory meeting.
My Unique System and Strategy:
1. Meet with Rob Flitton and discuss whether or not you are a good candidate for a Las Vegas Short Sale. The final decision should come after you have a discussion with an attorney and CPA – we can recommend resources for these discussions that offer a free initial meeting. Call 702-496-7260 to arrange these consultations.
2. We document the facts about your home and your financial situation and prepare a defined listing and pricing strategy. This is where the horizon begins to get clearer for you and the solution begins to unfold. We sign an exclusive listing with you and begin to be in touch with your lenders.
3. We aggressively market your home using a comprehensive internet marketing system that sees your home flooded onto numerous local, national and international websites that Buyers frequently search for home through. Rob Flitton is a certified Internet Marketing Specialist ™. Rob Flitton markets Las Vegas Real Estate to over 40 countries – certified through Google Analytics.
4. We find you a qualified, ready and willing Buyer and negotiate the right kind of deal that integrates into our pre-arranged strategy.
5. Unlike most Las Vegas Real Estate teams that then relegate you to some designated file negotiator, Rob Flitton then personally submits and negotiates your Short Sale with your lenders providing you with regular updates – those lenders will determine their view of your home or Las Vegas Real Estate and concomitantly evaluate your specific hardship situation.
6. We receive your lenders’ approval letters or counter-offers and negotiate them and present your options to you for discussion and decision-making.
7. Before finalizing your transaction terms, we will again recommend that you present them for advice from the attorney and CPA.
8. We close on the property and you are set free from the toxic asset and begin the rest of your wonderful future!
Rob Flitton, “The Closer”, of RE/MAX CENTRAL in Las Vegas, a talented and successful REALTOR® with more than 25 years of industry experience – see http://www.robflitton.com.
The Internet Marketing Exposure …
