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Las Vegas Home Being Sold By the Ballen Group
The Las Vegas real estate team, known as The Ballen Group, have entered into discussions with a buyer for a Las Vegas home located on Cherokee Avenue.
This Las Vegas home is located in Spring Valley. It is a part of the Starlight Luxury Homes subdivision. This home is listed for $250,000. This home has been listed since February 2014. This home is measured at 2350 sq. ft. and has a lot size of 6969 sq. ft. This Las Vegas home has 4 bedrooms, 2 and a half bathrooms, and is a 2 story. This home has a pool.
This home is located in zip code region of 89147. The number of active Las Vegas home listings in Las Vegas (89147) increased by 1.7% from the previous month of March 2014.
The median number of days active properties in this area of Spring Valley have been listed is 54. This is significantly shorter than the United States’ national average. The number of sales in January dropped by 81.7% from the previous month of December 2014. The Median listing price for Las Vegas homes located in 89147 is $202,000. There are currently 165 homes that are listed for sale in this area of Spring Valley.
The Median Spring Valley 89147 household income in is $59,568. Currently there are about 970 Las Vegas households earning within $35,000 to $40,000 a year. The Median age in this region of Spring Valley, Las Vegas is 38. 30% of these Las Vegas residents are currently married.
14.89% of the residents in this area of 89147 have achieved a bachelor’s degree. 25% have received some college education. The schools assigned in this area are Bendorf Patricia Elementary School, Lawrence Middle School, and Spring Valley High School. There are 20,260 homes in 89147, 6,370 of those homes have children.
Tom Wirt is the Las Vegas real estate agent working with this property. Tom is representing the listing agent, Lori Ballen, who owns The Ballen Group. Tom is a top producing Las Vegas real estate agent in Keller William’s realty Las Vegas. Tom Specializes in Summerlin, Las Vegas, but services the surrounding areas also.
Lori Ballen, a Keller William’s Mega Agent and Marketing Genius, owns The Ballen Group with her husband, Richard. Richard and Lori got into Las Vegas real estate in 2007. Since then they have built a team of Las Vegas real esate agents who are specialist in the Summerlin area of Las Vegas, and service all of Las Vegas. The Ballen Group is located at the Summerlin office of Keller Williams Realty Las Vegas.
The Ballen Group – Keller Williams Realty Las Vegas Lori Ballen |
Author Archives: ballengroup
140 TILBURY AV, Las Vegas, NV – Property Video
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This Week The Ballen Group Puts A Las Vegas Home On The Market
The Ballen Group is thrilled to list another Las Vegas Home for Sale. The Ballen Group’s Las Vegas Real Estate Agents are prepared to sell this Las Vegas Home.
This Las Vegas home is selling for $191,590 and is located in the Las Vegas subdivision of Stone Haven Commons. This Las Vegas Single Family home has 3 bedrooms, 2 full bathrooms, and a half bathroom. This two story home is measured at 1666 square feet.
Listed by Keller William’s Mega Agent, Lori Ballen, who owns The Ballen Group with her husband, Richard. Representing Lori in this listing is Lynn Snider who has been with The Ballen Group almost 1 year. Lynn has been in real estate for 12 years and is a valued member of The Ballen Group’s Las Vegas real estate team.
This Las Vegas home was built in 2005. It last sold in October of 2012 for just under $135,000. The Ballen Group’s Las Vegas real estate agent Lynn Snider is happy to help the home owner to sell their home for $55,000 more than they bought it for less than 2 years ago.
Located in 89123, the median number of days that homes in this area are actively for sale is 50, though The Ballen Group is hoping to sell this home much sooner. Though The Ballen Group’s Las Vegas real estate agent Lynn Snider hopes to sell this home sooner than the median amount of days in this area, this number is significantly shorter than the national average.
In 89123 the number of Las Vegas homes for sale in this area have increased by 29.2% from March 2014. The number of sales in January dropped by 59.7% from the previous month of December 2013. The median listing price in this area is $217,450. The number of homes currently for sale in this area is 250.
Median household income in 89123 is $65,296 with 1,079 households earning between $35,000 to $40,000 annually. The largest category for house hold earnings in this area are the residents earning $50,000 to $75,000. The median age in this area is 37 and 31% of the residents are married.
For the zip 89123, 17.73% of the people have completed a bachelor’s degree as their highest education level. 25.5% of the residents are listed as having “Some College” experience. The schools located in this area are Wiener Jr. Louis and Hill Charlotte Grade School, Schofield Jack Lund Jr. High School, and Silverado High School. With 24,400 Las Vegas homes in this area, 7,355 of those are homes with children.
The Ballen Group is a Las Vegas real estate team located in the Summerlin Area. Started by Richard and Lori Ballen who started in Las Vegas real estate in 2007. Since then they have built a team of Las Vegas real estate agents that specialize in Summerlin but service all of Las Vegas.
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9030 GREEK PALACE AV, Las Vegas, NV – Virtual Tour
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132 CORONATION AV, Las Vegas, NV – Virtual Tour
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252 CONCHO DR, Henderson, NV
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9558 SUMMER FURNACE ST, Las Vegas, NV – Single Property Website
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3115 CARDINAL DR, Las Vegas, NV – Property Video
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The Ballen Group’s Las Vegas Short Sale Currently Pending The Las Vegas real estate team, known as the Ballen Group, is in the process of selling another home in Las Vegas. The Ballen Group’s Las Vegas real estate agents are happy to be finishing another short sale. The Ballen Group is finalizing another Las Vegas Short Sale. This Las Vegas home has been on the market since the last part of February. This home is selling for $110,000. A short sale is a sale of real estate in which the proceeds from selling the property will fall short of the balance of debts secured by liens against the property. In addition, the property owner cannot afford or chooses not to repay the liens full amounts. Therefore, the lien holders agree to release their lien on the real estate and accept less than the amount owed on the debt. Any unpaid balance owed to the creditors is known as a deficiency. Today and throughout the latest drop in the economy, banks are agreeing to short sales more readily. With foreclosures on the rise in the US, banks are looking for any way they can to minimize their foreclosure losses. Basically, it is much more cost effective for a bank to agree to a short sale rather foreclose on a home. Banks aren’t in the business of owning real estate and collecting monthly mortgage payments, so a bank will take a minor loss in a short sale to start that payment cycle again. In addition, if the home is in foreclosure, a bank must pay for upkeep, insurance, and other costs. Plus, through the foreclosure process, the bank would incur legal and court fees. There may be tax ramifications to a Short Sale but every situation is unique. You may have heard, “Don’t do a short sale because you will get a 1099 and have to pay taxes on the difference between what you owed on your home and what you sold it for or the amount the bank wrote off.” This may be true, but this is not the whole story. If you borrow money from a lender and the lender later cancels or forgives the debt, you may have to include the cancelled amount in income for tax purposes, depending on the circumstances. When you borrowed the money you were not required to include the loan proceeds in income because you had an obligation to repay the lender. When that obligation is subsequently forgiven, the amount you received as loan proceeds is normally reportable as income because you no longer have an obligation to repay the lender. The lender is usually required to report the amount of the canceled debt to you and the IRS on a Form 1099-C, Cancellation of Debt. The thing that most people don’t know or don’t tell you is that with a Foreclosure, you will also get a 1099.
Some stats on this home’s area: The number of active listings in Las Vegas (89121) increased by 4.3% from the previous month. The median number of days active properties have been listed is 57. This is significantly shorter than the national average.
The number of sales in January dropped by 56.7% from the previous month.
Median household income in 89121 is $44,531 with 1,883 households earning between $35,000 to $40,000 annually. Income levels are listed along the left side of the chart, and the number of households are displayed along the bottom. The Ballen Group has a team of experts in the field of Las Vegas real estate and Las Vegas Short Sales. Owned by Richard and Lori Ballen who entered into Las Vegas real estate in 2007. Since then they have built a team of professionals and are skilled in getting Las Vegas homes sold.
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140 TILBURY AV, Las Vegas, NV – Virtual Tour
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9030 GREEK PALACE AV, Las Vegas, NV – Single Property Website
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132 CORONATION AV, Las Vegas, NV – Single Property Website
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