Short Sale Updates
Foreclosure
Nevada Law
Foreclosure Options
Short Sale
Short Sale Checklist
Hardship Letter
Net Loss Sheet
Affidavit
FHA/VA Short Sale
HAFA
Insolvency
Bankruptcy and a SS
Improve Credit
HAMP
Stop Harassment
Loan Mod Prices
Las Vegas Mediation
Las Vegas Report
Foreclosure 08/09
401K & IRA
Invest in Real Estate
Work from Home
Contact Us
Blog

Subscribe To This Site
XML RSS
Add to Google
Add to My Yahoo!
Add to My MSN
Subscribe with Bloglines

No Foreclosure! Short Sale your House, Be Debt Free & Save Your Credit

Short Sale your house in Las Vegas with experts who will make sure the job gets done!

Free World Solutions Inc. are property investors specialising in short sales which prevent houses like yours from going into foreclosure. We buy houses with negative equity in Las Vegas and get the bank to agree to clear your debt with them for less than what you owe.

In fact we can buy your house right now and prevent the house from going to foreclosure. You don't have to wait for a realtor to list the property, we will put it under immediate sales and purchase agreement and our professional negotiators will start the negotiation process with the bank.

If we could buy your property in Las Vegas right now would that help you?

We know how to drastically reduce the debt on your property in Las Vegas and eliminate any other liens or tax liabilities on your home allowing it to be sold to us and you to get on with your life without ruining your credit.

We make money on the difference between what the bank accepts to close, and what we re-sell the house for. Meanwhile, the bank saves a lot of time and money and puts cash back into its system to re-lend. Everyone is happy.

It’s a win/win/win for everyone.

Are you behind on your mortgage payments? Has the bank started foreclosure procedure?

Up-side-down? Is your home worth less than you owe?

You are not alone, this July's $138,800 resale house median in Las Vegas was the lowest since February 2001. In June 2006 the median price was $312,250. 80% properties bought or re-financed between 2005 and 2007 in Vegas are now up-side-down. By November 14% of all mortgage holders in Las Vegas were in default.

Do you wish there was a way to sell your home, pay off all your debt on the property and keep your credit at a reasonable score?

Then you need to call me, Helen, on 702 416 4812 right now! I will buy your Las Vegas property as a short sale, preventing you from ruining your credit with a foreclosure.

Time is of the essence with foreclosure so we need to start right away if we are going to get this done. We will put your home under immediate contract to buy - and start the ‘short sale’ process - but we must move fast.

Worried about the tax implications of a short sale?

Federal guidelines exempt homeowners from federal taxes on forgiven debt through 2012 if it is their primary residence. There are no state taxes of course in Nevada. On investment/second homes the loss can be written off against the amount of forgiven debt but you should speak to your CPA about this.

Forgiven debt (or deficiency)applies to foreclosed properties too, based on what the property sells for at auction or as an REO.

Struggling to pay your mortgage but really want to keep your house in Vegas?

We work with a firm of lawyers who can help you attempt a loan modification in Las Vegas. These tend to have most success where there is real hardship but you are still working, where there is an ajustable rate mortgage, where you may have been the victim or predatory lending, where the loan was created based on 'stated' income or where a major federal infraction exists on a loan (apparently 85% of all loans created between 2002 and 2006 have some sort of infraction or violation!)

Loan modification is the permanent change in one or more of the terms of an existing loan, allowing the loan to be reinstated or adjusted creating a lower payment and/or reducing what was owed on the original agreement.

Be very wary of paying up front money to any firm asking for payment before the loan modification is completed (unless they are attorneys)or anyone not offering some form of money back guarantee.

Call me on 702 416 4812 and I will give you the details of the best laon modification firm to call in Las Vegas.

For Those of You With Money

Are you fed up with losing mony on the stock market?

Are you totally uninspired by low savings interest rates at the bank?

Do you see the opportunity in real estate in Las Vegas by being able to buy property at under market value (in a market that is already at bottom) for either rental or refurbishing and re-selling?

Would you be interested in a secure investment in real estate with a good return on invesment? We can offer just this.

Call me, Helen, on 702 416 4812 and let me tell you about some of the projects we are working on right now. This is the most amazing time to make a lot of money in the real estate market!

If you are looking for great deals on excellent properties call us for a list of our up-and-coming short sale possibilities that will be able to be purchased in the next few weeks.

Disclosure Statement – Free World Solutions is a real estate investment company. We buy and sell real estate for a profit, we are NOT Realtors®, we are NOT Attorneys and do not offer any form of Real Estate legal advice. We provide solutions to people who need to sell real estate even though they owe more than the current value of the house by conducting a short sale. We charge no fees for doing this. We are not Foreclosure Consultants. Information on this website is for information purposes only and does not constitute legal advice. Customers are strongly advised to consult an Attorney before entering into any form of Real Estate contract.

Buying Houses with negative equity in Las Vegas so you can save your credit!

Tel: 1 702 416 4812 Free World Solutions Inc. email: shortsaleslv@gmail.com



Short sales in Las Vegas Blog
Read the latest news on short sales in Las Vegas, Obama's plan, loan modifications, foreclosure, notice of default, effect of a short sale or a foreclosure on your credit, deficiency and tax issues

Foreclosure
Foreclosure is a process by which a bank or a mortgage lender takes back the property when mortgage payments are not being paid. There are consequences to allowing your home to go into foreclosure.

Nevada Foreclosure Law
Each state has its own laws concerning foreclosure and the procedure for foreclosure. Nevada foreclosures are usually out of court.

Foreclosure options
There are a number of options to foreclosure and all better than just allowing your home to be foreclosed upon.

Short Sale
Where a house is worth less than what is owed on it and payments are not being made that alternative to foreclosure is a short sale,

Short Sale Checklist
This is a list of what will be needed from you in order for us to complete a short sale on your property here in Las Vegas

Hardship letter for a short sale
A hardship letter explaining why the house owner can't pay his mortgage is required by the bank when conducting a short sale. Here are some examples.

Net Loss Statement
Fill out a Net Loss statement to show the bank your inability to pay the mortgage on your house when conducting a short sale.

Affidavit of Understanding for Short Sale
This is the affidavit of understanding that we have signed and notarized by our sellers so that they fully understand the implications of a short sale before proceeding to sell their property to us.

Understanding your 1099C
Once a short sale (or a foreclosure happens) the bank will usually issue a 1099C. This shows the amount of forgiven debt and should be filed with your tax returns.

FHA short sales
A short sale on a property with an FHA loan; as opposed to a conventional loan, has some additional constraints and restrictions.

Government Now to Pay $1,500 Moving Expenses on a Short Sale
If someone has participated in the Obama HAMP program and been refused

Insolvency and Forgiven Debt in a Short Sale
If you short sale your home you are liable for tax on the 'forgiven debt' on secondary residencies unless you can prove you were insolvent immediately before the short sale

Why you should short sale even if you go to bankruptcy
If you intend to buy a house in the future you should short sale your home even if you are going bankrupt in order to avoid foreclosure on your credit record

Improve your credit after a short sale
There are a number of ways of improving your credit once a short sale has been completed

HAMP Loan Modification Guide Lines
HAMP - If you are struggling to make loan repayments on your primary residence you may be able to get your loan modified to a lower interest rate.

Stop harassment in pre-foreclosure
There are laws preventing you from being harassed by creditors. They are not allowed to call you repeatedly and you can make them stop.

Obama's Mortgage Modification Program
Do you qualify for Obama's mortgage modification program?

Price of a loan modification
We can recommend an excellent loan modification company in Las Vegas who guarantee loan modification results or give you your money back.

Mandatory mediation in Las Vegas
Since July 2009 home owners can ask for mandatory mediation with their banks - forcing them to discuss some kind of solution to your mortgage payment problems

Las Vegas Real Estate Report April 2009
Las Vegas today is on sale! Due to the high rate of foreclosure there are thousands of properties now available at half the price they were in 2007

Las Vegas Foreclosure Report August 2009
Las Vegas has one of the highest rates of foreclosure in the US, More than 85% of homes are now under water and many more homes risk foreclosure.

Using your 401K to invest in real estate
There are ways of using your 401K or IRA funds to invest in real estate and get much better returns on your money,

Invest in Real Estate
With the poor returns from IRAs and savings accounts people are now looking at becoming private money lenders to real estate investors in order to get better returns on their money,

Work from Home - Build your own Website
If you want to build your own profitable website you need to If you want to work from home you should check out SBI!. It's easy and the results will amaze you.

Contact Us
Free World Realty Investors website, phone number, fax number, email address, etc.

Foreclosure Solutions Blog
There are alternatives to foreclosure: we specialise in Loan Modifications and Short Sales in Las Vegas, Nevada.


footer for realty investors page