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Tony Braxton Loses Las Vegas Home to Foreclosure

Las Vegas, NV - March 1, 2011 - (RealEstateRama) -- Toni Braxon’s Las Vegas home recently sold as a foreclosure, according to Clark County Records. Toni Braxton, a six-time Grammy winner and her husband Keirston Lewis purchased their Las Vegas home in Henderson, Nevada, for $2.6 million three years ago. Their home was recently foreclosed upon and sold as a bank owned property on September 17, 2010 for $1,060,000.

Tahoe’s ‘Tranquility’ Voted Home of the Year

LAKE TAHOE, NV - February 28, 2011 - (RealEstateRama) -- President and CEO Shari Chase and corporate broker and senior vice president Susan Lowe of Chase International have been notified that their real estate listing "Tranquility" was voted by Unique Homes readers as "Home of the Year" in the $25 million plus category, beating out nine other finalists in the group.To celebrate the glossy magazine's 40th year, Unique Homes editor-in-chief Mark Moffa and his editorial team selected 40 of their favorite listings from 2010. Ten entries were chosen in four separate price categories for a special forthcoming "Home of the Year" section.

Attorney and Loan Officer Charged with Mortgage Fraud

LAS VEGAS, NV - February 18, 2011 - (RealEstateRama) -- A local attorney and a mortgage loan officer have been charged with conspiracy to commit bank, mail and wire fraud for allegedly participating in a scheme to obtain mortgage loans from financial institutions using straw buyers and false loan applications, announced Daniel G. Bogden, United States Attorney for the District of Nevada.

The Myers Team – Nevada Short Sale Realtors – Receive Top Century 21 Award

Las Vegas, NV - February 14, 2011 - (RealEstateRama) -- Las Vegas, Nevada – Last week, Century 21 President and CEO, Rick Davidson announced that The Myers Team with Century 21 MoneyWorld has won the prestigious Centurion Award for 2010.

Many Banks Waiving Short Sale Deficiency Judgements for Nevada Homeowners

Las Vegas, NV - February 10, 2011 - (RealEstateRama) -- The number of Nevada homeowners who owe more on their mortgages than their homes are worth took a huge leap in the fourth quarter of 2010. Nevada currently leads the nation in percentage of mortgages underwater, with a full 67 percent of Nevada homeowners upside down in their mortgages. Nationally, one in four US homeowners with a mortgage are underwater, up from 23 percent in the previous quarter, according to a new report from Zillow. Foreclosure moratoriums and falling home prices are to blame

Loan Modification Turns Nevada Homeowners into Renters for Life

Las Vegas, NV - February 4, 2011 - (RealEstateRama) -- Many Nevada homeowners have tried loan modification; however, loan modifications just don’t work. Remember that until you have equity in your house, all you are doing is renting. That's correct! You are renting from the bank! There is no reason to pay off $300,000 in debt when the home you bought is now worth $150,000 or less. Most experts predict that it will take 10-20 years or more for the Las Vegas housing market to rebound. It makes rational sense to walk away and get a fresh start. Surrendering a home worth half of what you owe is not a failure, it's a business decision.

Nevada Short Sale Tips – Never Trust Your Bank

Las Vegas, NV - February 2, 2011 - (RealEstateRama) -- We have all heard the same story over and over. It’s the story about a family who gets behind on their mortgage payment, and applies for a loan modification to try and save their home. After waiting many months, the loan modification is denied, and the bank recommends that the homeowner do a short sale.

Want to Fix Nevada’s Housing Market? Invest in Short Sales.

Las Vegas, NV - January 28, 2011 - (RealEstateRama) -- Who says that history doesn’t repeat itself? In September 1929, the Secretary of the Treasury, Andrew W. Mellon made the following announcement, “There is no cause to worry. The high tide of prosperity will continue.” One month later, Wall Street experienced the most devastating stock market crash in the history of the United States. The crash signaled the beginning of the 12 year Great Depression that affected all Western industrialized countries.

Custom IDX solution gives Las Vegas real estate website new and comprehensive online search...

EUGENE, OR - January 25, 2011 - (RealEstateRama) -- Today, IDX, Inc. welcomes Thomas Love to the ever-expanding group of real estate agents and brokers dedicated to providing home seekers with a meticulous and informative online property search. As a member of the Greater Las Vegas MLS (GLVAR) Love has long had access to thousands of detailed home listings. Now, his clients have the same level of access in a faster setting and conveniently located on the website Love hosts. IDX Broker software has revolutionized the way clients of Love, and those potential buyers just beginning their search, find properties online. Love and his website have simplified the Las Vegas, Nevada real estate market, thanks to his IDX solution.

Short Sales Provide Hope for Nevada Homeowners in 2011

Las Vegas, NV - January 20, 2011 - (RealEstateRama) -- Most homeowners in Las Vegas are so far “upside down” on their homes (owing significantly more than their home is worth) that they don't qualify for the government's $75 billion Home Affordable Mortgage Plan

Las Vegas Short Sale Specialist Comes A Long Way In The Nevada Short Sale...

January 18, 2011 - (RealEstateRama) -- Yep - I said those words. No - Wait - I "EXCLAIMED" (which is a nice way to say I screamed it at the top of my lungs) those words. I remember it like it was yesterday. It was late 2007, we were just coming off our first year in real estate which included about $200,000 in personal commissions, An average commission check of $10,000, awards such as Rookies of the year and Top Agents in the Company, 7% listing contracts with sellers who had equity and wanted to sell, buyers with lender approval letters in hand that really meant something, and a complete blind eye as to how this would soon all shift to an entirely different business.

Myers Team Offers Nevada Homeowners Short Sale Options for 2011

Las Vegas, NV - January 18, 2011 - (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.

The Ballen Group, Award Winning Las Vegas Short Sale Specialists uses comprehensive Las Vegas...

Las Vegas, NV - January 17, 2011 - (RealEstateRama) -- http://www.youtube.com/watch?v=IIl62k7Qyyo - 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.

Associated Management, Inc. and Communities Nominated for CAI Nevada Yearly Awards

Las Vegas, NV - January 11, 2011 - (RealEstateRama) -- Associated Management Inc., an Associa company, is proud to announce that the Nevada Chapter of the Community Association Institute (CAI) has listed AMI as a finalist for Large Community Management Company of the Year.

The Myers Team Named Top Nevada Short Sale Realtors in 2010

Las Vegas, NV - January 11, 2011 - (RealEstateRama) -- A recent report released by IMS Advanced Realty Data Services on January 10, 2011 named The Myers Team the #1 Short Sale Real Estate Team in Nevada. Number one status was determined by actual short sale listings closed in 2010.

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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.