New law to affect Nevada closings as of today Oct. 1st 2009 - 10/01/09 08:34 PM
This was some good information passed along by my trustee title rep: Valerie Grijalva with First American Title
 
".........please note the new Good Funds Law that took effect today!  In a nutshell, wiring funds is the fastest way to avoid delays.  See below for further details.
NEW PROCEDURES FOR NEVADA:
1.      Funds must be "deposited" (in the bank), by law, before disbursements are made.   If funds are deposited, then disbursements can be made as follows:
a.      PERSONAL CHECKS, drawn on a Foreign Bank (including Canada), for any purpose including earnest money, will not be accepted, regardless of the closing date.  … (3 comments)

 
Dsc_5381f

Bryan Knight

Las Vegas, NV

More about me…

Keller Williams Realty Las Vegas

Address: 3100 S. Durango Dr., Suite 106, Las Vegas, NV, 89117

Office Phone: (702) 212-2287

Cell Phone: (702) 845-8435

Email Me

Blog on both local (Las Vegas) and national real estate news and trends. Concentrated in REO.


Links

Archives

RSS 2.0 Feed for this blog