my home was just foreclosed on, I;m wondering how long before the title get's transfored out of my name?

Asked by acattangel, Spokane, WA Sat Oct 5, 2013

Help the community by answering this question:

+ web reference
Web reference:


Robert Adams, Agent, Henderson, NV
Sun Oct 6, 2013
Did they just send you a notice stating they are beginning to foreclose or have they already completed the process? Please tell us more so we can better advise you.

I look forward to hearing from you!

Best Regards,
Robert Adams
The Adams Team at
Rothwell Gornt Companies
Visit my website:
CONNECT with me on LinkedIn:
LIKE me on FaceBook:…
FOLLOW me on Twitter:
0 votes
James Skelton, , Las Vegas, NV
Sat Oct 5, 2013
You can check the county recorders and county accessor's sites to see who is the owner and what foreclosure and title paper work has been filed.
Nevada is a dual type foreclosure state, where they can foreclose by title or by court.
An attorney can advise you as to your legal status on the property and if there is a redemption period.

James Skelton
RE/MAX Extreme
702 826-9824
0 votes
, ,
Sat Oct 5, 2013
It depends on what you mean by foreclosed on. If it was sold at the court house door recently then not very long. But if the lender just filed a motion against you it could be years from now, just depends on how fast the lender pushes it.

Jim Simms
NMLS # 6395
Financing Kentucky One Home at a Time
I answer questions about financing real estate based on my decades of experience dealing with mortgage underwriters. This answer is my personal opinion, has not been reviewed or approved by the company I work for. I do not offer legal or tax advice, if you need answers from an attorney or CPA find one knowledgeable in your local market.
Web Reference:
0 votes
Steven Goldm…, Agent, Las Vegas, NV
Sat Oct 5, 2013
Good morning,

The following is not meant as legal advise or legal opinion. You need to chat with a Real Estate Attorney in your state.

In NV, the Bank/Investor has a very limited time to change the name to the Buyer at the foreclosure sale. If the Bank/Investor takes it back, the property needs to be placed in the Bank/Investor's name quickly to avoid violation of NV state law.

As long as your name is on the Deed, you are the responsible person of the property. You are the legal owner of the property. You owe the HOA dues, maintenance, and mandated utilities such as sewer. I suggest you have insurance to protect yourself for issues connecting you to the property.

Many times the Bank/Investor will not complete the foreclosure process so they are not responsible for the items above even if there is no sale at the "Foreclosure Sale". It was very common here that the foreclosure process did not complete and the Owner of the property was still the Owner after the sale. I would go tot he Bank and negotiate a deal to short sell the property or have the Owner offer a payment plan to keep the property.

In addition, the Bank/Investor will have to pay recording fees as well as a transfer tax upon taking possession of the property. Lots of $$ is saved by the Bank if they do not transfer the title after a sale.
Once the Bank takes the property, there can be a broken chain of Title which leads to the inability of obtaining Title Insurance for the property to be resold.

Even though the Bank is responsible for the property, nobody knows it without proper recording of the new ownership. It almost impossible for legal authorities to contact the Bank/Investor to enforce codes and compliance problems. Meanwhile, you get the bills and liens in your name.
Most people that have had a foreclosure have lots of $$ so paying these bills and supporting the property that they do not own is not an issue. Just keep paying the bills.

I hope this helps.

Please contact me immediately if you know a person that cannot make their mortgage payments. I will work with them to avoid foreclosure or bankruptcy at no charge or fees to them.

See my new web site. Let me know what you think.

The Brodkin Group
Steven Goldman, CRS
Broker Salesman
Certified Distressed Property Expert (CDPE)
Certified Default Advocate (CDAT)
Certified Short Sale Professional (CSP)
Certified Probate Real Estate Specialist (CPRES)
REO-BPO Certified
Realty One Group
10750 W. Charleston #180
Las Vegas, NV 89135
Direct 702-242-1372
Fax: 866-286-2099
0 votes
Search Advice
Ask our community a question

Email me when…

Learn more