Foreclosure in 89169 : Questions & Answers

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LVrealestate…, Real Estate Pro in Las Vegas, NV
LVrealestateHELP answered:
on a bank owned property is the price that they show is the price or I can offer less?
Don't focus on the list price it is irrelevant. The price you want to base your offer on is the comp value. Properties are selling for as high as 10% above appraisal value right now due ... more
0 votes Share Flag Fri Mar 15, 2013 Foreclosure in Las Vegas
Brett Gordon, Real Estate Pro in Las Vegas, NV
Brett Gordon answered:
Will I loose my primary home?
Hi, As a quick disclaimer, I am a real estate agent and not an attorney, so I always recommend consulting an attorney regarding these matters. That stated, based on my understanding ... more
0 votes Share Flag Thu Feb 21, 2013 Foreclosure in Las Vegas
geraldschulte, Other/Just Looking in Las Vegas, NV
geraldschulte answered:
We can pay our Mobilehome Loan no more and must move out.
It is very unlikly that the bank will persue any dificiencies on the personal property and the parks dont chase rent since they are bound to a max of collection up to 2800.00 by nrs 489 ... more
0 votes Share Flag Tue Feb 12, 2013 Foreclosure in Las Vegas
Steven Goldm…, Real Estate Pro in Las Vegas, NV
Steven Goldman, CRS, Realtor answered:
The landlord post foreclosure sale is now demanding appliance listed as their personal property to be return to them or $ equavelance.
P.S. the previous post: In a post forclosure sale, the previous owner (Borrower) lost everything in the property when it was forclosed upon. Have the Borrower contact the bank that did ... more
0 votes Share Flag Wed Dec 5, 2012 Foreclosure in 89123
LVrealestate…, Real Estate Pro in Las Vegas, NV
LVrealestateHELP answered:
what if your house that foreclose in 2007 might be involved in the big straw scam in 2007 in Las Vegas?
Most users on this site are either re agents or consumers like yourself. Your best bet to get accurate info regarding your question is to contact attorneys in your area. Best Re ... more
0 votes Share Flag Mon Nov 26, 2012 Foreclosure in Las Vegas
Steven Goldm…, Real Estate Pro in Las Vegas, NV
Steven Goldman, CRS, Realtor answered:
HOA foreclosed on and sold a house that I was in escrow on to purchase.
Good day Bob, You should have never, ever spent any money before the Approval Letter(s) has been received from all lien holders and the Seller has signed off that he is in agreement to ... more
0 votes Share Flag Sun Dec 9, 2012 Foreclosure in Las Vegas
Simon Campbe…, Real Estate Pro in Miami Beach, FL
Simon Campbell answered:
How is a short sale better than a Las Vegas Foreclosure?
As a home owner, short sales will enable you to get financing to purchase another home quicker. Here is what my latest research has revealed: The latest Fannie Mae guidelines state ... more
0 votes Share Flag Fri Nov 16, 2012 Foreclosure in Las Vegas
Valerie Edwa…, Real Estate Pro in Las Vegas, NV
Valerie Edwards answered:
if an HOA foreclosed on me will that stop me from gettin a new place
It is always recommended that home owners (HO) pay their HOA's, sewer, trash otherwise they risk having liens placed on the property which makes it much harder to close on a short sale. ... more
0 votes Share Flag Thu Nov 15, 2012 Foreclosure in Las Vegas
Mark D Fleys…, Real Estate Pro in Las Vegas, NV
Mark D Fleysher, MBA answered:
My home was foreclosed on last year 2011. I just received a property tax bill. Who is responsible for paying the property taxes?
It's definitely recommended to consult with your attorney / CPA, as nobody here can provide you with a legal answer to this question.
0 votes Share Flag Wed Nov 14, 2012 Foreclosure in 89102
Myra Gouger, Real Estate Pro in 89135
Myra Gouger answered:
My mother's house located in Lou KY is in foreclosure. Who is responsible for property taxes?
Your mother is responsible for property taxes until the home is sold at auction. At that time, usually the unpaid taxes become part of the new owner's closing costs. If the taxes are no ... more
0 votes Share Flag Sat Nov 10, 2012 Foreclosure in 89102
LVrealestate…, Real Estate Pro in Las Vegas, NV
LVrealestateHELP answered:
AB284 - Any news about this?
AB284 was not changed in Oct 2012. It is however, up for reconsideration right now (Feb 2013). http://www.lasvegassun.com/news/2012/dec/09/banks-press-changes-strict-2011-foreclosure ... more
0 votes Share Flag Sat Feb 16, 2013 Foreclosure in Las Vegas
Carmen Brode…, Real Estate Pro in Scottsdale, AZ
Carmen Brodeur answered:
OK. My HOA foreclosed on my investment property. What do I do now?
You should absolutely hire your own attorney. The other party will respond to an attorney much quicker than they will respond to you. All legal matters should be handled by an attorney.
0 votes Share Flag Tue Oct 23, 2012 Foreclosure in Las Vegas
LVrealestate…, Real Estate Pro in Las Vegas, NV
LVrealestateHELP answered:
Can an HOA foreclose on your home if you are not delinquent on your first or second mortgage?
Yes you need to pay your HOA. Even if you are paying your mortgage they can foreclose if you are not paying your HOA dues. Best Regards, Robert Adams Broker/Salesman The Adams T ... more
0 votes Share Flag Wed Oct 17, 2012 Foreclosure in Las Vegas
Realtor in P…, Real Estate Pro in Palmdale, CA
Realtor in Palmdale, CA answered:
In a foreclosure, can I take my appliances and light fixtures with me?
Your appliances are things you can plug in and take with you but things attached to the home become fixtures and should not be removed.
0 votes Share Flag Thu Nov 15, 2012 Foreclosure in Las Vegas
James Bellile, Real Estate Pro in Las Vegas, NV
James Bellile answered:
In my divorce, the house was granted to me. 3 years later she is hiring a lawyer to force me into a short sale. Is this even possible ?
Legally, within the United States, you can sue anyone for any reason at any time. It does not mean she'll win and it does not mean you cannot counter sue her for damages, such as undo s ... more
0 votes Share Flag Tue Aug 21, 2012 Foreclosure in Las Vegas
Chris Harris…, Real Estate Pro in Las Vegas, NV
Chris Harrison answered:
Has anyone encountered an HOA that has foreclosed on a property with over $220,000 in outstanding mortgage debt (over a $3000 past due HOA bill)?
Hey Michael, I would check out the Clark County Recorders site. Which will tell you what notices and liens have been filed and recorded against the property. This way you can see if ... more
0 votes Share Flag Thu Nov 15, 2012 Foreclosure in Las Vegas
Robin Fraser, Real Estate Pro in Las Vegas, NV
Robin Fraser answered:
I live in California and bought 4 plex in Nevada as rental. I am now considering to short sale it. Will the bank go after me for deficiency judgments?
I would highly recommend you speaking to the attorney my team uses as he is well versed in the law side of this and owns and runs a mortgage company and has years of experience at both. ... more
0 votes Share Flag Tue Jul 24, 2012 Foreclosure in 89108
Chris Harris…, Real Estate Pro in Las Vegas, NV
Chris Harrison answered:
My home is up for auction May 29. Should I attend and seek out the buyer to set up plans for our departure?
Hi Shannon, The first thing I would recommend is not to move out of the property. I repeat do not move out of the property! I also suggest you start making plans of where you are go ... more
0 votes Share Flag Mon May 21, 2012 Foreclosure in Las Vegas
James Bellile, Real Estate Pro in Las Vegas, NV
James Bellile answered:
Me and my husband wondering if we are qualified to buy a house or a condo.we are boat working.But we have a low credit.
Hi Nala, If you have over a 620 credit score and have not defaulted on any credit cards or other bills in the last one year, you will probably qualify for a 3.5% down payment, 30 ye ... more
0 votes Share Flag Tue May 29, 2012 Foreclosure in Las Vegas
Team D'Ercole…, Real Estate Pro in Las Vegas, NV
Team D'Ercole, Matt & Kim answered:
HOA Lease Restriction
My wife and I have dealt with this in the past and we would like to speak with you and review your HOA docs. At that point we can make recommendations of the direction to take. You wo ... more
0 votes Share Flag Thu May 10, 2012 Foreclosure in 89139
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