Jan O'Brien: Real Estate Business Coach, Agent Team Building & Training

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Home : Blogs : Jan O'Brien - Las Vegas Homes (Broker | Real Estate Speaker & Trainer) : Jan O'Brien: Real Estate Business Coach, Agent Team Building & Training : Archives March, 2010

Short Sale Negotiating in Nevada - Who Can Legally Do It? - 03/15/10 11:22 AM

In the State of Nevada, short sale negotiating falls under the category of "loan modification or foreclosure consultant" as defined in Assembly Bill 152 which modified NRS Chapter 645F. You can read AB152 here: Download AB152_LoanMod_ForeclosureConsultant
In summary there are three options for negotiating short sales in Nevada:
Attorneys Properly licensed companies/3rd party negotiators per the Mortgage Lending Division A licensed real estate agent as a part of a real estate transaction. As excerpted from the RE Division position statement:There may be no separate or distinct payment or compensation for performance ofactivities defined as loan modification, foreclosure consulting or providing of … (1 comments)

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Jan O'Brien - Las Vegas Homes (Broker | Real Estate Speaker & Trainer)

Las Vegas, NV

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Address: 6475 S. Rainbow Blvd, Suite 102, Las Vegas, NV, 89118

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