Deficiency Judgments In Nevada All Locations : Advice

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Tlemoigne, Other/Just Looking in Fountain Hills, AZ
Tlemoigne asked:
If our Las Vegas, NV deeded timeshare is foreclosed on by the lender and it does not sell at auction, then the lender will take it and resell it. Will the sales amount be credited toward out balance or will we be obligated to ... deficiency even if the lender resells the property? ...
0 votes Share Flag Tue May 13, 2014 Foreclosure in Las Vegas
Jwill, Both Buyer and Seller in Oxnard, CA
Jwill asked:
WE RE-FINANCED OUR HOME AND TOOK OUT A LINE OF CREDIT......IF WE DECIDE TO WALK AWAY FROM OUR HOME, WHAT RECOURSE CAN WE EXPECT IF ANY FROM LENDER. UPSIDE DOWN ON HOME......LOOKING TO WALK AWAY FROM MORTGAGE, BUT ARE CONSIDERING ... MORTGAGE. ALREADY PRE APPROVED, ALREADY TALKED TO A LAWYER HE SAID TO GET INTO NEW HOME ONCE ESTABLISHED IN ...
0 votes Share Flag Thu Aug 15, 2013 Foreclosure in La Puente
Alifer, Home Owner in Las Vegas, NV
Alifer asked:
What happens at a trustee sale?
0 votes Share Flag Fri May 31, 2013 Home Ownership in Las Vegas
shilburg, Other/Just Looking in Henderson, NV
shilburg asked:
Will I loose my primary home? I have two homes. One I bought outside of NYC with my ex-boyfriend. When I moved out he took over payments and he has been living there his new wife for the last 3 years. I purchased a ...
0 votes Share Flag Thu Feb 21, 2013 Foreclosure in Las Vegas
Bugs, Home Seller in Los Angeles, CA
Bugs asked:
i own a home in ca, and a 2nd home in las vegas, nv. i purchased the nv home for $509000. i am trying to ... just sold for 195000. if i walk away what will happen to me. i don't want ... on my home in ca or any of my assets. ...
0 votes Share Flag Sat Sep 29, 2012 Home Selling in Los Angeles
Dowd, Both Buyer and Seller in Las Vegas, Las Vegas,...
Dowd asked:
If I am relocating to another state and am going to buy a new house than short sale the other, is that ok? My wife will no longer have a job. Family issues prevent her from working.
0 votes Share Flag Sat Aug 18, 2012 Home Buying in Las Vegas
clkpamela, Home Owner in Pasadena, CA
clkpamela asked:
I live in California and bought 4 plex in Nevada as rental. I am now considering to short sale it. Will the ... I live in Los Angeles and bought a 4 plex in Las Vegas as rental. I am now consi ... sale it and would like to know if bank can go after me for deficiency judgments. Thanks ...
0 votes Share Flag Tue Jul 24, 2012 Foreclosure in 89108
Doc, Home Owner in 95959
Doc asked:
We are way upside down and cannot meet the payments. We have elected to walk from the property. No mortgage payments have been made for 6 months. NEXT We have been getting monthly bills, but no other inquiries. what is the next step?
0 votes Share Flag Mon Mar 12, 2012 Foreclosure in 95959
Joyce, Home Seller in 89178
Joyce asked:
Kindly help with some verbiage BELOW to protect me on shortsale of my house? Ne ... the deficiency. Thank you. ... 5. Upon receipt of the NET PROCEEDS and a COPY OF THE FINAL SETTLEMENT STATEMENT ... . All judgments and/or liens must be cleared and settled prior to closing. Proof of release must ...
0 votes Share Flag Tue Feb 21, 2012 Foreclosure in 89084
Jan, Both Buyer and Seller in Las Vegas, NV
Jan asked:
Are lenders pursing deficiency judgments? We just lost our home to foreclosure (we were so close to a successful short sal ... a deficiency judgment. Can both lenders pursue judgments? We paid 149,900 for the condo in 2005 and ...
0 votes Share Flag Tue Nov 15, 2011 Foreclosure in 89121
Michael, Home Buyer in Las Vegas, NV
Michael asked:
I am married but the only one on the note of our home. We are both on the deed. Will she be approved for a loan after I short sell? I am still current on everything and we both have excellent credit. Never been late on anything. She has her own income and can also place a significant down payment (20 to 50 percent)...
0 votes Share Flag Mon Jul 18, 2011 Financing in 89131
Jim Fong, Real Estate Pro in Las Vegas, NV
Jim Fong asked:
Does anyone know if its common in Nevada for banks to file deficiency judgments after a property has been ... foreclosure, modifications, short sales, buying, selling
0 votes Share Flag Mon May 23, 2011 Property Q&A in 89139
Tim, Home Buyer in Corpus Christi, TX
Tim asked:
Why is this short sale seller stalling? I posted earlier regarding short sale offer I made above the recently approved (good for 30 days from bank) asking price and accepted all terms that the bank had set. I made the offer ...
0 votes Share Flag Mon Nov 22, 2010 Home Buying in Las Vegas
Bonnie, Real Estate Pro in Las Vegas, NV
Bonnie asked:
1) Can I shortsale an investment property? 2) How does it work? 3)Will I still ... deficiency? If so, how much? How can I make sure they? ... will NOT come after me for more? Please explain and who to contact.
0 votes Share Flag Fri Aug 27, 2010 Home Selling in Las Vegas
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