Reno Homeowner’s in foreclosure get even more free living, will we see foreclosed homes in Reno again?
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Filed under: FORECLOSURES
Reno homes for sale, Reno Real Estate Seller’s Market heats up with Nevada AB 284
A Nevada Bill places
unfair burdens on trustees
Legislation in Nevada (AB 284, introduced by Assemblyman Conklin) that would directly change trustee activities in the state by placing many onerous burdens on all loan files referred to in foreclosure is on the fast track to passage as the bill has the support of both the Majority Leader and the State Attorney General. Among other things, the Bill would require: (1) mandatory recording of all assignments and the Substitution of Trustee prior to the Notice of Default; (2) recitation of recording information for all prior assignments and identification of the beneficiary, trustee, servicer and note holder authorized to foreclose in a notarized affidavit attached to the Notice of Default, and; (3) presumed statutory damage and attorney fee awards if a court finds non-compliance with the trustee’s statutory notice obligations.
Michelle Mierzwa, Esq., Cal-Western Reconveyance Corp. and Michael Brooks, Esq., Brooks Bauer, have taken the lead in working with the Attorney General’s office to modify language in the highly complex bill. Some language has already been removed and negotiations are ongoing. Mierzwa and Brooks will meet with the Majority Leader this week, as coordinated by UTA’s Nevada Lobbyist, Rocky Finseth.
Read a summary of AB 284
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Filed under: FORECLOSURE HELP, FORECLOSURES
Rent-Renting a home, house in foreclosure, Tenant foreclosure rental,renting
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Incline Village Foreclosure Homes-Houses list
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Filed under: FORECLOSURES, INCLINE VILLAGE
Incline Village homes for sale, Incline Village foreclosures, Incline Village bank owned homes 4/24/11
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Filed under: FORECLOSURES, INCLINE VILLAGE
This is such a well done article about buying a foreclosed home from Tara over at Trulia it deserves a link share. Please don’t forget to come back.
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Just in; Bank of America, Recon Trust ordered by a Nye County judge to halt, stop, delay foreclosures in the state of Nevada, including but not limited to Reno Nv., Las Vegas Nv. Washoe County et al areas.
I want to get this out immediately so no time to pontificate, read the full story here: http://www.lvrj.com/business/bofa-unit-ordered-to-halt-foreclosures-114536739.html
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Foreclosure Moratorium affecting Reno Nevada these days is so far unquantifiable. The boys at the courthouse I have spoken with in the last 2 weeks say it is about the same. Bank of America foreclosure moratorium, wells fargo foreclosure moratorium, Reno bank owned homes, Reno REOs, Reno foreclosed homes
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Filed under: 2010 Statistics, FORECLOSURES, LOCAL MARKET
GMAC to cease foreclosures in 23 states, Nevada not on GMACs list
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I just happened to be showing Reno Lakeridge area homes in when we looked up and saw smoke; a Homeowner facing a Reno foreclosure eviction had some type of bomb and made an explosion which led to a Reno foreclosure fire-explosion. I have heard of Contractor’s lightning (burn down for insurance proceeds) but never a Reno foreclosure fire-explosion for somebody facing a Reno foreclosure. The area was converged on by SWAT, Reno P.D. Sheriffs, NHP and I could swear I saw the Orkin guy respond also LOL.
They don’t call us the “Biggest Little Foreclosure City In The World”, for nothing; this is in a gated golf course area called Lakeridge Shores, it is on my You Tube Channel if you would like to see the area. Here is the latest off of the newsfeed regarding this Reno foreclosure explosion: http://www.nevadaappeal.com/article/20100720/NEWS/100729993/1070&ParentProfile=1058
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Filed under: FORECLOSURES, LOCAL MARKET
