Many homeowners in the Reno-Sparks area are facing issues with mortgage delinquency and possibly foreclosure.  This can be a very stressful time and knowing the process and where to go for help can be very beneficial.  As a member of the Nevada Association of REALTORS Foreclosure Prevention Task Force, I have come across a very valuable tool for homeowners – “Nevada Foreclosure Information Workbook”.  This booklet was compiled by the Nevda Statewide Foreclosure Prevention Taskforce.  You can download this booklet from Nevada Department of Business and Industry’s website.  Here is a link

The booklet covers topics like – Understanding Delinquency, Understanding Your Financial Situation, Know Your Mortgage, Know Your Options, Beware of Scams, Tools for the Homeowner, and Document Checklist for Dealing With Your Lender.  There are also definitions for many of the terms you may need to know.  There is also a list of resources. 

If you are facing issues with delinquency the best thing you can do is take a pro-active approach and educate yourself on the process.  This will enable you to have more successful results when dealing with your lender.