SellingNorthernNV

Quality Real Estate News and Market Data

Nevada benefits from the AG and Bank of America Settlement

Josh Talayka | July 18, 2012

Early this year (2012), five of the largest mortgage servicers (Bank of America, JPMorgan Chase, Wells Fargo, Citigroup, and Ally) entered into a $25 Billion settlement with the Attorney Generals from 49 states (Oklahoma is the only state that didn’t participate).
In addition to the $25 Billion National Settlement, Nevada’s AG was able to negotiate an additional $780 Million agreement with Bank of America.

$5,000 grants available for military buyers – Dream Makers Program

Josh Talayka | February 24, 2012

The Pentagon Federal Credit Union Foundation is offering down payment and closing cost assistance to first time buyers who are currently active duty military personnel, veterans, retired military, Department of Defense employees, or employees of the Department of Homeland Security.

Higher Closing Costs in Real Estate Transactions

Josh Talayka | January 23, 2012

According to a survey performed by Bankrate; on a nationwide average, closing costs have increase 8.8% over the last year.