Mortgage

Mortgage

Nevada Attorneys Chase Short Sales Instead of Ambulances

Las Vegas, NV - May 8, 2012 - (RealEstateRama) -- Before you hand over your hard earned dollars to a Nevada Short Sale Attorney, consider the following; will the attorney guarantee their services and pay you a full refund if they fail to perform? If you meet with an attorney who won’t agree to refund your money should they fail to get your short sale approved, GET UP AND LEAVE!

Community Event Provides Hope to Upside Down Southern Nevada Homeowners

Las Vegas, NV - May 3, 2012 - (RealEstateRama) -- Southern Nevada homeowners who are focused on government programs like HARP2 or the $26 billion Mortgage Debt Settlement may want to keep a more careful eye on the Mortgage Forgiveness Debt Relief Act that will quietly go away on Dec. 31, 2012 – with significant tax consequences for those who have not closed their short sale by the deadline. At a FREE public Neighborhood Awareness Campaign (NAC) on Thursday, May 3, a panel of industry professionals will provide much needed clarity to the recent Mortgage Debt Settlement, foreclosure and short sale issue for upside down homeowners.

Myers Team Named Top Short Sale Realtor in Las Vegas

Las Vegas, NV - April 11, 2012 - (RealEstateRama) -- A recent report named The Myers Team the #1 Short Sale Realtors in Nevada. Number one status was determined by actual short sale listings closed from January 1, 2007 through December 31, 2011.

Loan Modification a Gamble For Las Vegas Homeowners

Las Vegas, NV - April 10, 2012 - (RealEstateRama) -- We’ve all heard the same story over and over. It’s the story of a family who gets behind on their mortgage payment, and applies for a loan modification to save their home. After waiting many months, the loan modification is denied, and the bank recommends the homeowner do a short sale. While this story may sound quite familiar, there is another story; much more frightening, that is NOT being told.

Legislation Intended to Prevent Tax Increases on the Beneficiaries of the Mortgage Settlement Agreement

Washington, D.C - April 4, 2012 - (RealEstateRama) -- U.S. Representatives Shelley Berkley (D-NV), Jim McDermott (D-WA) and John Larson (D-CT) introduced the "Homeowners Tax Fairness Act" today to protect homeowners and servicemembers who were wrongly foreclosed on and entitled to relief under the historic national mortgage settlement from additional tax burdens.

Las Vegas Short Sale Info – Lois Lee Greer Short Sale Expert

Las Vegas, NV - March 19, 2012 - (RealEstateRama) -- According to the Associated Press, the bleakest year in the foreclosure crisis has only just begun. Lenders are poised to take back more homes this year than any other since the U.S. housing meltdown began in 2006.

Almost 3,500 Families Attend HOPE NOW Event in Las Vegas

LAS VEGAS, NV - March 13, 2012 - (RealEstateRama) -- A two-day homeownership event held over the weekend in Las Vegas drew 3,500 Nevada families seeking mortgage assistance. HOPE NOW, Governor Brian Sandoval and more than twenty local organizations hosted the event, which allowed at-risk homeowners the chance to meet face to face with their mortgage servicer or a local non-profit housing counselor.

Myers Team Named Top Short Sale Realtors in Nevada

Las Vegas, NV - March 6, 2012 - (RealEstateRama) -- A recent report named The Myers Team the #1 Short Sale Realtors in Nevada. Number one status was determined by actual short sale listings closed from January 1, 2007 through December 31, 2011.

Las Vegas Short Sale Lawyers | Full Deficiency Waivers For Sellers

Las Vegas, NV - March 1, 2012 - (RealEstateRama) -- There are NO attorneys who specialize in short sales; however, there are plenty of attorneys who specialize in taking your money. Homeowners considering short sales are welcome to speak with a lawyer to discuss their options, however, YOU MUST BE CAREFUL. If you use an attorney to negotiate a short sale and they fail to perform, you may wind up being sued by your bank. In the event the bank decides to come after you, then you will need to hire an attorney for a potentially expensive lawsuit. While there are many respectable and ethical attorneys out there, you must educate yourself and not place your unconditional faith in someone who stands to make a handsome profit should you get sued. If the attorney fails to get your short sale approved, you are left vulnerable and may need additional legal protection

Mortgage Forgiveness Debt Relief Act Expires Dec 31 2012!

Las Vegas, NV - February 20, 2012 - (RealEstateRama) -- If you’ve been thinking about doing a short sale on your Nevada home, you might want to hurry up. The time is limited for homeowners who want to ensure they aren’t hit with a big tax bill because they had to walk away from a mortgage obligation. The Mortgage Forgiveness Debt Relief Act is set to expire on December 31, 2012.

Nevada Short Sales | Is Time Running Out For Nevada Homeowners?

Las Vegas, NV - February 1, 2012 - (RealEstateRama) -- If you’ve been thinking about doing a short sale on your Nevada home, you might want to hurry up. The time is limited for homeowners who want to ensure they aren’t hit with a big tax bill because they had to walk away from a mortgage obligation. The Mortgage Forgiveness Debt Relief Act is set to expire on December 31, 2012.

The Ballen Group has JUST CLOSED A Summerlin Short Sale in Nevada with CHASE

Las Vegas, NV - January 30, 2012 - (RealEstateRama) -- The Ballen Group, A Las Vegas Short Sale Specialist Team, known for their Las Vegas Real Estate experience in Short Sales, has just closed another Short Sale in Nevada. Using their comprehensive Short Sale System, The Ballen Group is able to handle a large volume of short sales and accomplish the goal at hand, to close the short sale.

Las Vegas underwater homeowner needs a las vegas short sale

Las Vegas, NV - January 17, 2012 - (RealEstateRama) -- Current estimates are that nationwide, 6.3 million U.S. homeowners are more than 30 days late on their mortgage and in some stage of foreclosure. “The problem is compounded by the fact that nearly one fourth of all U.S. homeowners are ‘underwater’ on their mortgage—meaning they owe more on their home than they could net from selling it in today’s market,” noted Jillian Batchelor, & The Batchelor Group .

Las Vegas Real Estate Team closes another Bank of America Short Sale in Las...

Las Vegas, NV - January 11, 2012 - (RealEstateRama) -- The Ballen Group, a top team of Las Vegas Short Sale Specialists under the brokerage Keller Williams Realty Las Vegas has put together a comprehensive Las Vegas Short sale system for sellers. Homeowners who are facing Las Vegas foreclosure can request a Las Vegas Short Sale Agent, Henderson Short Sale Agent, or North Las Vegas Short Sale Specialist to consult with them about their needs. In addition, The Ballen Group has created a custom hardship package allowing the homeowner to complete the documents required by the bank to ease the process.

Las Vegas Short Sale Specialist Team, Closes Bank Of America Short Sale with no...

Las Vegas, NV - January 5, 2012 - (RealEstateRama) -- The Property on Aliso had one Lien Holder which was Bank of America. It was originally listed for $165,000 and eventually sold for $133,000 with zero closing costs. It was purchased with a conventional loan and took 105 days to close. The approval letter contained no deficiency language.

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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.