Blog Feed: Las Vegas Foreclosure & Short Sale Blog

75% of modified home loans will re-default

Published on 2010-06-19 05:55:00

Most borrowers who have had their mortgages modified through a government-sponsored program will redefault within 12 months, according to a report released Wednesday.   Between ...Read more > read more

US economy faces “double-dip” recession

Published on 2010-06-10 12:22:08

Economists in the United States, are worried that their country’s maybe facing a double-dip recession. A disappointing employment situation and a lack of consumer ...Read more > read more

BofA: Mortgage Walkaways Have Huge Incentive

Published on 2010-06-08 06:32:47

Bank of America rolled out their new “Principal Reduction Enhancement” program, which is an earned principal forgiveness plan for borrowers behind on their mortgages ...Read more > read more

How Private Mortgage Lenders Help Real Estate Industry

Published on 2010-04-01 22:46:44

Private Mortgage Lenders are typically small companies or private individuals who offer specialized real estate loans across different asset classes. They offer borrowers with ...Read more > read more

Understanding Las Vegas Foreclosure & Short Sale Terms

Published on 2010-03-20 05:00:02

Understanding Las Vegas Foreclosure & Short Sale Terms For anyone currently facing the possibility of foreclosure or going through a Las Vegas short sale ...Read more > read more

Understanding Your 1099c

Published on 2010-03-07 09:27:00

Understanding Your 1099c After a short sale your creditor will issue a 1099C for the ‘forgiven debt’. In the case of a short sale of ...Read more > read more

Home Prices Still Falling!

Published on 2010-03-05 05:16:03

According to Fiserv, a division of Moody’s Economy.com, the average home price in the United States will fall by about 6% by September 2011. ...Read more > read more

Short sales will rise 50%

Published on 2010-03-02 05:15:04

Las Vegas Short Sales Set To Rise According to Moody’s Economy.com short sales are set to rise 50% in 2010. Federal and mortgage industry ...Read more > read more

Stop Harassment from Creditors

Published on 2010-03-01 02:44:53

Stop Harassment from Creditors You have rights under the Fair Debt Collection Practices Act not be harassed. This act states that: A debt collector shall ...Read more > read more

20% Of Homes Underwater

Published on 2010-02-28 05:14:26

Real estate website Zillow.com says one of every five U.S. home owners owed more on their mortgage than their home was worth in the ...Read more > read more