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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.

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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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BLM PROPOSES TO SELL 754.88 ACRES OF PUBLIC LAND IN CLARK...

The Bureau of Land Management Las Vegas Field Office is seeking public comments on a proposal to sell 40 parcels totaling 754.88 acres of public land in Clark County, Nevada. The competitive sale would be by sealed and oral bidding in accordance with the Southern Nevada Public Land Management Act (SNPLMA). A Notice of Realty Action published in today’s Federal Register opens a 45-day comment period which will close January 8, 2018.