Ar_home_b_search
 



bryan knight las vegas reo agent: 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)

bryan knight las vegas reo agent: Tales of a Las Vegas REO Agent Part 6!!!!! - 03/28/09 02:41 AM
Wow I haven't added to this series since Dec 2008. Well since the last posting of the series there have been some changes. Let's catch up.
There was a big slow down in 'new'; property assignments in January and February 2009. Now I have still been picking up properties, but not 'new' REO's. I've been picking up re-assignments from other REO agents here in Las Vegas. I am so thankful for the re-assignments because they have been about 85% of the property assignments that I've picked up in the last 3 months. Last week I picked up 9 properties and 7 were … (12 comments)

bryan knight las vegas reo agent: INVESTOR GROUP COMPLETES ACQUISITION OF INDYMAC ASSETS - 03/21/09 08:28 PM
I just got this email from what was IndyMax Federal Bank. It was sent out to all of thier REO listing agents.
Launches OneWest Bank, A Well Capitalized Regional Bank Focused onRelationship Banking in Southern California and Mortgage Banking Nationally
Pasadena, CA, March 19, 2009 - OneWest Bank Group LLC, a newly-formed thrift holding company owned by a consortium of private investors, today completed its acquisition of the banking operations of IndyMac Federal Bank, FSB from the Federal Deposit Insurance Corporation (FDIC).  IndyMac's assets and operations were acquired by OneWest Bank, FSB, a newly-formed Pasadena, California-based federal savings bank with total … (6 comments)

bryan knight las vegas reo agent: Las Vegas Market Statistics for January 18th 2009 - 01/18/09 11:54 PM
Woah, almost 70% of listing in Las Vegas, Nevada are short sales or REO / Bank Owned!!!!
Follow me at www.twitter.com/KnightREO
… (2 comments)

bryan knight las vegas reo agent: 100 Dollar down FHA / HUD home program!!! Yes that's right just 100 dollars down!!! - 01/18/09 11:36 PM
Did you know that HUD has a program where if you are using FHA financing when purchasing  a HUD owned home as an owner occupant, that you can put just 100 dollars down!!! Who says that the days of 100 percent financing are over!!!
Also did you know that investors can purchase as many HUD owned homes as they can afford!! I attended a HUD class by the local HUD listing agent from Clark county, Nevada and he stated that HUD homes are "flying under the radar", and very few people are taking advantage of the great deals that HUD homes … (2 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