ARCHIVED BLOG POSTS
A recent survey performed by the well known foreclosure agency You Walk Away .Com revealed some startling statistics. Of the clients that responded to their survey 78% were walking away from their primary residence and a minimum of 74% were eligible for tax relief under the guidelines of the Mo...
The Mortgage Forgiveness Debt Relief Act that was passed back in 2007 has been extended by congress until the end of 2013. One of the major advantages to Las Vegas homeowners selling their home on what is known as a “short sale” is not only being forgiven of the debt incurred when a home is so...
There have been a lot of changes in the rules when it comes to short sales. As you probably already know, short sales have become more and more popular as an option for those of us in Las Vegas that need a better alternative than a foreclosure. But were you aware that banks are beginning to app...
There was a time that short sales in Las Vegas were rare but that time is long gone. Did you know there are actually more short sales today than foreclosed homes that have actually been resold? Well, Las Vegas banks are definitely aware of this statistic and as a result the number of short sa...
Experts predict that Nevada will experience the largest decline in mortgage delinquencies of all the states in 2013 even though it will remain higher than the national average. The end of 2012 will show a 60-day mortgage delinquency rate of 10.26% in Nevada. This is in sharp contrast to the nati...