Laws & Taxes

Laws & Taxes

Reid Cosponsors Bill To Extend Homebuyer Credit For Six Months

Washington, DC - September 18, 2009 - (RealEstateRama) -- Senator Reid joined Senators John Ensign and Ben Cardin in cosponsoring a new bill that will extend the existing homebuyer tax credit of $8,000 for six more months.

Nevada Sees Major Housing, Tax, Veterans Boost in Budget

Washington, D.C. - April 03, 2009 - (RealEstateRama) — Nevada Senator Harry Reid yesterday led the Senate in passing a national budget that lays the groundwork for bringing major aid to Nevada for foreclosure assistance, tax relief and veterans’ benefits.

Foreclosure and Change of Ownership Nevada Landlord and Tenant Law

Reno, NV - November 7, 2008 - (RealEstateRama) – Termination of tenancy by foreclosure occurs when the landlord is unable to either pay his...

Reid: Now is the Time for Action to Help Families Struggling to Keep their...

Washington, DC - October 1, 2008 - (RealEstateRama) — Nevada Senator Harry Reid made the following statement today on the floor of the U.S....

New Law Will Aid Nevada Families Caught in Mortgage Crunch

Washington D.C. - July 30, 2008 - (RealEstateRama) — President Bush today signed legislation supported by Congresswoman Shelley Berkley that will help address the...

FORECLOSURE ASSISTANCE FOR FAMILIES, HELP FOR VETS, $7,500 HOMEBUYER TAX CREDIT

May 7, 2008 – Washington D.C. - Congresswoman Shelley Berkley (D-NV) is urging passage of a legislative package that will address America’s mortgage crisis...

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Nevada Short Sale Information – FTC Cracks Down on Loan Modification...

Las Vegas, NV - January 6, 2011 - (RealEstateRama) -- Effective January 31, 2011, The Federal Trade Commission has banned loan modification companies from charging up-front fees for negotiating modifications of residential mortgage loans. According to Eric Witksoki, Chief of the Attorney General’s Bureau of Consumer Protection, and the state consumer advocate, “Money spent on mortgage modification consultants is a bad bet for consumers.” Additionally, Witkoski commented that spending money on loan modification is “worse than some of the odds at the casino tables.”

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Calmwater Capital Provides $36.7 Million for Mountains Edge Marketplace in Las...

Calmwater Capital, a leading, national direct real estate lender, has originated a $36.7 million loan for Remington Nevada to refinance existing debt and finance remaining construction of the Mountains Edge Marketplace in southwest Las Vegas. Once completed, the 101,000-square-foot retail property, anchored by Albertsons, will be located at the corner of Blue Diamond Road and South Buffalo Drive, adjacent to the Mountains Edge master planned community.