Monthly Archives: May 2010

Lenders Beg Homeowners Not to Strategically Default

Freddie Mac has a message for any homeowners who are thinking about walking away from their homes even though they can afford to pay the mortgage: Please don’t do it. As the mortgage industry works through a large volume of … Continue reading

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Short Sales Still Dominate Las Vegas

We all know that the last few years have been very difficult for all of us who own real estate in Las Vegas. The market has fallen as much at 80% in some areas of the Las Vegas valley. Here … Continue reading

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Fannie Mae To Extend REO Investor Waiting Period to 30 Days in Nevada

Beginning May 3, Fannie Mae will extend the waiting time investors in Nevada must wait before offering a bid on an REO property from 15 days to 30, according to Housing Wire. We will have our properties vacant longer, because … Continue reading

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Las Vegas Short Sale Legal Services

We offer our services to homeowners who are attempting short sales through a real estate agent. We work hard to assure the short sale is sucessfully completed. Our goal is to get lender approval and close escrow. We offer an … Continue reading

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FDIC Targets Local Nevada Banks

Regulators on Friday disclosed regulatory enforcement actions against six community banks in Nevada, underscoring concerns about the banks’ ability to withstand the continuing relentless recession. Regulatory directives were delivered to Sun West Bank, SouthwestUSA Bank, Town & Country Bank, Bank … Continue reading

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