Monthly Archives: June 2009

The Supreme Court of Nevada in its June 30, 2009 adoption of the Rules, sets forth its version of the 30 day time limit for the Homeowner to elect mediation as follows: Rule 5(4). “The mediation process under these rules … Continue reading →

THE PARTYLucky owned a condo in Las Vegas which he bought in 2005, and financed with a $220,000 loan. He paid $1,800 a month against the mortgage. He made good money as a health care worker at one of the … Continue reading →

Why Some Homeowners Choose to Abandon While the Obama administration’s housing policy has been largely influenced by a study of the Boston housing market during the 1990-91 recession in which homes devalued by approximately 10 percent, new research suggests that … Continue reading →

THE FOLLOWING STORY NEVER HAPPENED IN VEGAS The Vegas famly has owned a home in Las Vegas for 4 years, and live with their 3 children. Mr. Vegas is a residential new home electrician, and had his hours cut last … Continue reading →

This bill protects one of the innocent victims of the foreclosure crisis—the families who, after paying their rent each month, are suddenly told they must move out of their homes because their landlord has gone into foreclosure. For tenants of … Continue reading →

If a homeowner is in Default, and feels the pressure of the eventual sale of her home, what are some of the things she can do to relieve that pressure prior to the sale? – Do nothing. – Cure the … Continue reading →

Only 17 (yes, 17) Nevada homeowners have been deemed candidates for Obama’s Making Home Affordable Refinance Plan passed into law last February. According to an article in the Las Vegas Sun, Democratic Rep. Dina Titus, who had asked the administration … Continue reading →

I just returned today from attending a foreclosure mediation Continuing Legal Education Course this morning at the BofA building in downtown Las Vegas. I get 3.5 units of Credit including .5 of “Ethics” towards my mandatory 12 units required to … Continue reading →