Las Vegas Real Estate Agent, Las Vegas Homes, Condos, Land, Commercial Real Estate and Personal Blog

 This is the concluding article of three part series about Las Vegas, Nevada short sales and foreclosure process which was presented in a class by Scott Gillespie who is a mortgage planner with First Horizon Home Loans. This is the concluding part.
Deed in Lieu
Deed in Lie. First let me say from a lending perspective a [...]

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This is the second article of three part series which was presented in a class by Scott Gillespie who is a mortgage planner with First Horizon Home Loans. I believe you will find it worthwhile.
Las Vegas, Nevada Short Sales
Short Sale-If you owe more then your home is worth but you want to try and do [...]

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 Hope for Home Owners Act will undoubtedly effect short sales and foreclosure properties in Las Vegas.  To what extent? Lord knows.
Unfortunately many distressed home owners firmly believe that if they can’t pay their mortgage for a few months, they just should walk away and accept the fact that their credit is ruined for a number [...]

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    This legislation will allow distressed home owners who qualify, to cancel their old mortgage loans and replace them with 30-year fixed-rate loans for up to 90 percent of the home’s current value. The lender has to give the owner 10% equity in the home/condo. The catch is that the home owner’s current mortgage holder [...]

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   When distressed Las Vegas home owners start missing payments on their mortgage, they often have no idea how long they can keep their home or condo or where to look for advice. Unfortunately, they turn toward their mortgage holder or the bank for advice; doing so is seeking advice from your adversary. How smart is [...]

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