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.
Category: Financing/Mortgage Topics, General, Loan Modification Series, Short Sale & Foreclosures |
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Tags: AG Settlement, Ally, Bank of America, citigroup, JPMorgan Chase, Nevada, Nevada AG, Nevada Attorney General, Real Estate, Wells Fargo
Josh Talayka | July 9, 2012
Before you decide to purchase property or lease out your existing property within the City of Sparks, be aware that you may be required to obtain a City of Sparks Business License.
Category: General, Investment, Sparks |
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Tags: City of Sparks, investment property, multifamily, Nevada, Real Estate, SMC 5.04.020, Sparks Business License, Sparks NV
Josh Talayka | June 3, 2011
Although a foreclosure may be done outside of court, the lender must still adhere to very specific procedures and timeframes that are defined by law. Once all the timeframes and requirements above have been met, the lender may carry out their foreclosure sale (Trustee’s Sale). Following the foreclosure, the lender may still be able to sue the borrower for any deficiency in the amount received from the trustee’s sale.
Category: Credit, Foreclosure Mediation Program, Loan Modification Series, Short Sale & Foreclosures, Tax |
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Tags: Credit, Deed-in-Lieu, Deficiency, Foreclosure, foreclosure options, foreclosure timeframe, Judicial, lis pendes, Modification, Nevada, NOD, non-judicial, NOS, Notice of Default, notice of sale, Real Estate, reinstatement, short sale