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Foreclosure Tips from the Federal Trade Commission

Attached is a document from the Federal Trade Commission with tips for those that may be facing foreclosure.  It is important for homeowner to not feel like they are in a situation where they pay for a promise which may be a scam or for a second opinion. Talk to the counseling agency for free

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How To Avoid Foreclosure

Here is another great pamphlet on how to avoid foreclosure on your Reno, NV home.  It details the precautions that should be taken to avoid scams and the alternatives that can be taken instead of foreclosure, such as repayment plans

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Reno Real Estate Investor’s Group, Club December meeting

Enclosed is a great video explaining loan modification in the Reno Nevada area, debt consolidation and I talk a little about the Reno foreclosure, Reno bank owned home market.  This video was shot at the Reno Real Estate Investor Groups December meeting.  The speaker for the Reno loan modification is Ken Auld from imodification loan […]

How do I avoid foreclosure…

A reader asks how to avoid a foreclosure assuming of course he can’t make the payments.
 Disclosure: I am not advising doing this, I am just observing and reporting of how I have seen the game played to the Homeowners advantage during-after a Reno Foreclosure.
OK, the classic stall besides the costly and in most cases not needed bankruptcy  […]

Reno loan modification, reno foreclosures, foreclosures in reno nevada, reno debt consolidation, reno real estate investors club, group, reno short sales, reno nevada bank owned homes

Enclosed is a video we shot at the December Reno Real Estate Investors Group, Club.  It is on Reno bank owned homes, foreclosures in Reno update, Reno loan modifications, Reno debt consolidation.  If link doesn’t work, copy and paste into browser.  I can help you if you have problems with it or hey, any real estate as […]

Mortgage Guidelines After a Short Sale or Foreclosure

I’m often asked how long someone has to wait to buy a new house if they’ve recently sold their house via short sale or lost their house to foreclosure. Here in Northern Nevada, those situations are becoming more and more prevalent. I’ve put together the following information for anyone who may want to know exactly how long the wait will be. These are the guidelines as of September 2009, but keep in mind, guidelines are constantly changing so these may be updated.

Nevada Foreclosure Mediation Law

If you are facing foreclosure, recently passed Assembly Bill 149 could help you with your Reno foreclosure.  Below I have listed some facts about the bill and the mediation process:

Assembly bill 149 is intended to give Nevadans the right to mediation before a Trustee can proceed to sell the property. 
Since the bill went to effect July […]

Guide To Avoiding Foreclosure

The Guide to Avoiding Foreclosure features many things a home owner needs to know if they are facing foreclosure and would like to avoid it. First, you can familiarize yourself with the foreclosure process and then there are 8 great tips that can help you avoid foreclosure.

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Don’t Make Foreclosure, Short-Sale or Mortagage Decisions Lightly

Here is an article from Wayne Capurro from the Reno Gazette Journal, RGJ, discussing whether not it is a good idea to modify your mortgage.  It details what will happen to the home and other decisions that should be made before deciding to go through with a foreclosure:

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Obama’s Hope Now website…

For any Reno -Tahoe are Home owners who unfortunately may be in foreclosure or in loan modification or short sale scenario, this may help; Obama’s Hope Now site: http://www.hopenow.com/

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