Potential felony charges make servicers pause Nevada foreclosures

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 · Penalties will be imposed for noncompliance and may also result in felony charges. This Las Vegas real estate attorney is knowledgeable about these legal requirements and available to advise his clientele as to whether compliance has been met. The experts have concluded that these new laws will cause a decrease in the number of foreclosures.

Homebuyers don’t know mortgage basics: Zillow  · Even Today, Home Buyers Don’t Know How to Do Math.. 2011 by Christopher Hanson Leave a comment. zillow mortgage market recently reported some alarming – but not surprising – news. Buyers still don’t know how to do mortgage math. More specifically: 44% admitted they were not confident in their comprehension of the mortgage process;

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Nevada Crime of Petit Larceny (Petty Larceny)- NRS 205.240. Petit larceny is a theft crime in Las Vegas that requires the intent to steal. Petit larceny is only a misdemeanor charge in Las Vegas, Nevada, but an intentional theft charge on your record may make it difficult to get a job.

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You have not had a bankruptcy or foreclosure within the last 36 months. You do not have any unresolved judgments, property liens or tax liens. You have not had any major criminal charges within the last 7 years. You have not been convicted or any financial fraud ever.

Survey shows first-time homebuyers growing weary of short sales One in five renters struggle to pay the rent – "You’re generally being put out on very short notice. silviati says, is a growing housing shortage. "There’s a very severe shortage of starter homes, so a lot of people who would be potential first.

California, Nevada, and Minnesota have each passed a Homeowner Bill of Rights that prohibits the dual tracking of foreclosures. This means that, under state law, mortgage servicers must either grant or deny a first-lien loss mitigation application before beginning or continuing the foreclosure process.

 · Four years later, banks still haven’t answered for foreclosure mess Four years after the banking system nearly collapsed from reckless mortgage lending,

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