It does not appear that a Notice of Default has been recorded yet. After the owner gets about 90 days behind on their payments the notice of default is recorded. It then takes about 120 days after this is recorded before the Bank can foreclose and take over ownership of the property.
I searched the clark county recorders office and it does not show that a default notice has been recorded yet. The county recorder search showed the last document recorded was in Nov. 2005 a deed of trust.
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