Have no fear, the Friday Figures will be up later. I didn’t want this important story to get buried! There’s actually an indictment against 2 bankers for mortgage fraud in Nevada! It’s over 600 counts, alleging robo-signing on a massive scale. Most experts agree that the goal is to get these two employees to turn [...]
It sure looks that way! The California Attorney General has pulled out of the settlement talks and plans to run her own investigation! I wouldn’t be surprised if the New York Attorney General followed, since he‘s already talked about investigating on his own, and says he’s looking forward to talking with her. For that matter, [...]
If any of this sounds like it can help you, get more information at NAHAC.org and call the toll free number at the top of the page. This stuff is being paid for with TARP funds — that’s your tax dollars! — so act now. We had a little bit of real estate [...]
Our legislature was hard at work this Spring, and now we have some new laws to show for it. My favorite is the time limit on banks considering your short sale! I sure hope it gets enforced.
First off, I want to point out that our local home sales are up — propelled by over 1400 closings in the last week of June (which I told you about first!) But much more important is a case that hit the Nevada Supreme Court last week, one of three major rulings about foreclosures and [...]
I can’t honestly say I am surprised by anything in this item from Tuesday’s Review Journal. Specifically, banks are failing to do three things required by Nevada law in our foreclosure mediation program: they aren’t bringing the documents they need with them, such as proof they actually hold the mortgage; they don’t allow for a [...]
Or, last week’s episode of Getting REAL (Estate) in Vegas: The Full Disclosure. Find out about all the lovely documents you should see when you buy a home in Nevada, and learn how your Realtor gets paid!
I am utterly shocked that this isn’t getting more press coverage. The LVRJ reports that Bank of America’s ReconTrust unit has been ordered by the courts to halt all foreclosures in Nevada. This stops 7500 foreclosures until the courts look into the situation more closely. The short version is that ReconTrust may not have a [...]
I’ve been getting inquiries from out of state about the flooding that has been reported in the Vegas Valley. While it is true that it’s been raining on and off for most of a week, things are mostly ok here. Admittedly, the storm sewers in my neighborhood were backed up, making it fun getting home [...]
Hope you caught last Friday’s episode of “Getting REAL”. If you didn’t, go ahead and watch it here. I spent a bit of time talking about the bare bones basics of “staging” your home for sale. While there is no substitute for having the right home in the right location at the right price, it [...]
