Is this property a short sale or already under NOD?

Asked by Teena, Nevada Wed Dec 31, 2008

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This question is about this property: http://www.trulia.com/homes/Nevada/Henderson/sold/119041-932…

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Ron Johnson, Agent, Las Vegas, NV
Wed Dec 31, 2008
Teena,

This house is currently listed as a short sale in MLS for an asking price of $290,000. It has been marketed as a short sale since 07/29/08. I checked the clark county recorders website and it does not show that a Notice of Default has been filed yet. That website in not updated daily so it is possible that the NOD was just recently recorded. If that is the case you are looking at approximately 120 days before it can be foreclosed upon by the bank.

Ron Johnson
Elite Realty
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