As February comes to close the sales data definitely reflects that the market has changed. The Reno-Sparks market has experienced a…
foreclosure
New Protections for Homeowners Facing Foreclosure
Starting in January 2014, the Consumer Financial Protection Bureau (CFPB) will issue new mortgage servicing rules to put in place…
Why 2013 Might Be Your Best Opportunity To Do A Short Sale?
With recent HUD statistics showing the Reno-Sparks area with 49% of it’s homeowners underwater, there are many homeowners who are…
Only 10 Homes Under $100,000 – Where Have All The Homes Gone?
I just did an MLS search for all single family homes available in the entire Reno-Sparks market from Washoe Valley…
Home Again Program
The Attorney General of Nevada launched a “new” program called Home Again. It is a single source for all distressed…
Guaranteed Deficiency Waiver – Does Your Short Sale Qualify?
Homeowners that are underwater and considering a short sale typically face what I call the “Big 3.” #1 is getting…
Options for a Distressed Seller
If you are starting to fall behind mortgage payments (or just about in danger to do so), now is the…
Expiration of Debt Forgiveness Act May Not Affect Many Sellers
There has been a lot of hype in the last year to hurry up and do a short sale because…
Approved Short Sale Can Stop Foreclosure Process
According to recently released data by Ticor Title the number of Notices of Default filed in Washoe County is up…
Unintended Results from AB 284
Inventory is low. Prices are up. But does that mean the market is doing better just because prices have risen?…