Home prices in Las Vegas have dropped by over 22 percent in the last 12 months. Each and every month it seems there are more banks taking back properties through the foreclosure process in Las Vegas. That means there are hundreds of people who will have a foreclosure on their credit report which will have devastating affects to their life.

If you are from Las Vegas than you know the hard situation you are faced with. Your home has lost enormous amounts of value and most of you probably owe more for your house than what it is worth. You can not afford your house so you know you need to sell it, ,the problem is who do you sell to?

Well believe it or not there are still people who are buying houses in Las Vegas. Many people do not know that professional home buyers or real estate investors buy houses throughout the country, even in the hardest hit areas like Las Vegas. Home buyers are real estate investors who some times buy properties and hold for long term investments.

If you owe more for your Las Vegas house than what it is worth then you should consider selling your house to a professional home buyer. They will negotiate with the bank to get your name released from the mortgage and complete a successful short sale. This way you will not get a foreclosure status on your credit report, which will save you lots of money and hassle in your future.

Just this year there have been more than 155,000 houses lost to foreclosure. That is an enormous amount of people who either did not put effort into finding a home selling solution or did not know that professional home buyers can help solve complicated real estate situations. There is no reason people should loose their house to foreclosure. Banks will negotiate payoff amounts so you can sell your house.

The problem is many real estate agents and home owners try to conduct short sales themselves with no experience. This can be devastating to all parties involved. If you have never conducted a short sale do not start now. You need to contact a local home buyer who is a professional, knows the short sale process, knows what is required from the loss mitigation department, and knows how to negotiate, if you have any chance at success.

So if you own a Las Vegas house, or any house for that matter and are near foreclosure, or need to sell your house for one reason or another, do not give up. Contact your local home buyer and get a free consultation on your home selling options. There is no charge for any services provided by professional home buyers so you have nothing to loose.

More info on your stop foreclosure information search:

Get Free Foreclosure Advice and Free Refinance Quotes
Get your free on-line foreclosure refinance quote and free advice from foreclosure mitigation specialist in minutes. Compare real offers from top national subprime and hard money lenders... more...

When Banks Change the Locks on Your Home Before the Foreclosure Sheriff Sale
Especially in the case of homeowners who own multiple properties, they may find that their mortgage company has had the locks changed on a house in foreclosure. This can be very unsettling to owners who are still trying to find a workable solution to foreclosure, because it indicates that the bank ... more...

Transferring Legal Ownership Of A Property Does Not Stop Foreclosure
Unfortunately, many homeowners seem to buy into the myth that simply transferring ownership of their home will somehow relieve them of the responsibility to pay the mortgage and will end the foreclosure. This is a somewhat naive position, though, as putting the house into someone else's name will ... more...

Tips On How To Stop Foreclosure?
Foreclosure is the process that mortgage companies use to try to recover the delinquent loans. The lenders do not want houses or any other real estate instead of money. They want the mortgages paid off and the mortgage payments current. If you have suffered a financial setback, there is a great ... more...

Abandoning vs Surrendering a Foreclosure Home
Some homeowners, when the know they will no longer be able to afford their home, decide that they will simply move out of the house. They may do this for a number of reasons: the bank may be calling them incessantly and they want an escape, they may believe that moving out will allow the bank to ... more...