Foreclosure in Reno : Advice

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HauthTeam Je…, Real Estate Pro in 89511
HauthTeam Jeff and Nancy answered:
is this property still fer sale? at the listed foreclosure price,,of 22,073?
Did you ever get an answer?
0 votes Share Flag Tue Feb 24, 2015 Foreclosure in Northwest
Michael Perez, Real Estate Pro in 89509
Michael Perez answered:
How do I get a list of foreclosures in my area?
You can always access a list of (Active) Bank Owned properties in Reno, Nevada for free at The direct link to Bank Owned properties is ... more
1 vote Share Flag Sat Jan 25, 2014 Foreclosure in 89508
Clark Riel, Real Estate Pro in Sparks, NV
Clark Riel answered:
John is right about the price point and it being a manufactured home. There is a company in town that sells manufactured homes where you lease the land the home sits on. The company i ... more
0 votes Share Flag Mon Aug 19, 2013 Foreclosure in North Valleys
Ron Bell, Real Estate Pro in 89511
Ron Bell answered:
Confused about a foreclosure home that is a pre foreclosure according to RealtyTrac?
Realty Trac like most large real estate sites is there mostly to sell ads and can confuse the consumer with a lot of homes that are not available etc. It is full of stale info. like mos ... more
1 vote Share Flag Tue Sep 25, 2012 Foreclosure in Reno
Mbutler, Home Buyer in 89508
Mbutler answered:
Will the banks take a lower offer if the potential buyer is paying with cash?
I want to thank ALL of you for your answers to my question and I will let you know how it turns out!!
0 votes Share Flag Sat Jun 23, 2012 Foreclosure in 89508
Holly Tuhey, Real Estate Pro in Reno, NV
Holly Tuhey answered:
What does it mean when a home is in auction?
To begin with you need to hire a Realtor. This is not as easy as you may think.
Also, the bank is NOT going to sell it for 4000.00 or so. This may be back dues owed to an HOA, for exa ... more
0 votes Share Flag Thu Jun 14, 2012 Foreclosure in Reno
Carson Valley…, Real Estate Pro in Gardnerville, NV
Carson Valley Land answered:
I am so frustrated, all this expertise and for me the market has dried up, any suggestions?
It's like playing hockey ... you have got to play the game that is on the ice. It you always do what you have always done ... and the market changes direction ... you can be moving the ... more
0 votes Share Flag Thu Jun 14, 2012 Foreclosure in Reno
Mike Harding, Real Estate Pro in 89509
Mike Harding answered:
Can you make an offer to the bank on a home that is not yet on the market?
Probably not but try to contact the bank and get as much information as you can.
0 votes Share Flag Tue Jun 5, 2012 Foreclosure in Reno
Jim Simms, Real Estate Pro in Louisville, KY
Jim Simms answered:
if I own a property free and clear in a Co-op and want to stop paying my assessments can they foreclose on it?
Good grief!! How much do you owe?

Jim Simms
NMLS # 6395
Financing Kentucky One Home at a Time
0 votes Share Flag Tue May 22, 2012 Foreclosure in Reno
Wayne Capurro, Real Estate Pro in Reno, NV
Wayne Capurro answered:
6 months or 6 years?
The Nevada Legislature passed a new law this past session reducing 2nd Lien Holders right to pursue a deficiency judgment from 6 years to 6 months. I believe that would include no ... more
0 votes Share Flag Mon Aug 8, 2011 Foreclosure in Reno
Mike Harding, Real Estate Pro in 89509
Mike Harding answered:
Buying house in SPARKs or Reno? Which area is more appealing?
I would need to know what is appealing to you to help you answer this one.
0 votes Share Flag Sat Apr 2, 2011 Foreclosure in Reno
Dp2, Other/Just Looking in Virginia
Dp2 answered:
My house was foreclosed in Sept 2010 in Nevada. How do I determine if I have a deficiency judgement against me?
Although some clients will hire law firms and/or collection agencies to handle their debt collection and judgment recovery, there technically is a difference between debt collection and ... more
0 votes Share Flag Wed Feb 16, 2011 Foreclosure in Reno
Elvisrocksre…, Real Estate Pro in Rhodes, MS
Elvisrocksrealestate asked:
How to get a contract to do BPO's? I am venturing into doing BPO's for Banks; where do I start? how do I get a contact information to get BPO's assigned to me?
0 votes Share Flag Mon Aug 30, 2010 Foreclosure in Reno
Ron Bell, Real Estate Pro in 89511
Ron Bell answered:
What are the vacany rates in the reno/sparks area? Is the rental market strong/weak?

In our pro formas now we are figuring a 1% rental income drop a month as Investor's are able to offer rentals much cheaper as they are buying for 50 to 30 cents on the dolla ... more
1 vote Share Flag Thu Aug 26, 2010 Foreclosure in Reno
Tony Chinnici, Real Estate Pro in Reno, NV
Tony Chinnici answered:
My friend just signed a lease to rent a house and a week later she was told that the house is being put on short sale and now someone is bidding to is where you can read the "Protecting Tenants at Foreclosure Act of 2009" - here you will be delighted to read that Nevada� ... more
0 votes Share Flag Wed Jun 2, 2010 Foreclosure in Reno
Joshua Talay…, Real Estate Pro in Reno, NV
Joshua Talayka answered:
Can I negotiate with the lender to remove negative marks on my credit at the conclusion of a shortsale transaction?
Once you close on the short sale transaction, the status of your loan will be changed from in default to what ever was agreed upon in the short sale negotiations. It may be reported as ... more
0 votes Share Flag Thu Mar 25, 2010 Foreclosure in Reno
Bob Movin-On, Real Estate Pro in Hartford, CT
Bob Movin-On answered:
With all the home deals out there, low interest rates, buyer credits.. Where are the buyers?
There are a lot of great answers here, but no one is taking into account the 6.5 million families that have gone through foreclosure over the past 3 years and CAN NOT OBTAIN A MORTGAGE ... more
1 vote Share Flag Mon Mar 8, 2010 Foreclosure in Reno
Robin Coons…, Real Estate Pro in Phoenix, AZ
Robin Coons SRES, CRS, ABR,SFR answered:
With the April implementation of HAFA what happens to the short sales that are in process but not completed? Does anyone know?
Here in Reno NV the home modification just hasn't worked. The homes are only worth about 40-50% of what they were in 2004-2005. It would have been in every owners best interest but ... more
0 votes Share Flag Fri Mar 5, 2010 Foreclosure in 89521
Allen T, Other/Just Looking in Reno, NV
Allen T answered:
When a HOA is saying they are going to sell your condo for money past due on a certain date, what happens to the first place lender ie: Wells Fargo ?
Hey Minnie - If you are financially struggling in this troubling housing market, you're not alone, this is a very common problem seen across the US. Separate from that, the last th ... more
0 votes Share Flag Thu Jan 7, 2010 Foreclosure in Reno
Chance Gates, Real Estate Pro in Reno, NV
Chance Gates answered:
letter from bank
I agree with Dave if you want to stay in the house try and work a loan modification with your bank. If that does not work go to your senator and ask for his help on getting a loan modi ... more
0 votes Share Flag Fri Aug 14, 2009 Foreclosure in Reno
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