RECENT BLOG POSTS
  A recent survey performed by the well known foreclosure agency You Walk Away .Com revealed some startling statistics. Of the clients that responded to their survey 78% were walking away from their primary residence and a minimum of 74% were eligible for tax relief under the guidelines of the Mo...
01/14/2013
  The Mortgage Forgiveness Debt Relief Act that was passed back in 2007 has been extended by congress until the end of 2013. One of the  major advantages to Las Vegas homeowners selling their home on what is known as a “short sale” is not only being forgiven of the debt incurred when a home is so...
01/11/2013
  There have been a lot of changes in the rules when it comes to short sales. As you probably already know, short sales have become more and more popular as an option for those of us in Las Vegas that need a better alternative than a foreclosure. But were you aware that banks are beginning to app...
01/10/2013
 
  There was a time that short sales in Las Vegas were rare but that time is long gone. Did you know there are actually more short sales today than foreclosed homes that have actually been resold?   Well, Las Vegas banks are definitely aware of this statistic and as a result the number of short sa...
01/08/2013
Experts predict that Nevada will experience the largest decline in mortgage delinquencies of all the states in 2013 even though it will remain higher than the national average. The end of 2012 will show a 60-day mortgage delinquency rate of 10.26% in Nevada.  This is in sharp contrast to the nati...
01/01/2013
SandS™ Homeowner Assistance Program “Sell & Stay” Buy Back Opportunity   What is SandS™? Simply put SandS™ is an acronym for “Sell and Stay.”  The basic principle of SandS™ is to keep American Homeowners who have experienced real financial hardship in their homes.  SandS has developed a housing p...
12/24/2012
This pretty much cuts to the point, but Sellers still don't listen.  So many agents taking short sale listings with no clue what to do next.  Often their broker doesn't either!  That's another reason we aloso council our buyers about the ramifications of buying a short sale and inquire as to the ...
06/11/2012
This pretty well says what I'm thinking. A Buyer's agent wrote an offer on one of my listings, a short sale.  Now we have no inventory left in Las Vegas and it has been a feeding frenzy.  Multiple offers on everything.  This offer arrived n Monday, the third day of the listing.  Full price, $132k...
04/04/2012
More Bank-Owned Homes Headed Our Way? With the National Mortgage Settlement (aka ‘Robo-Settlement’) finally negotiated, major lenders are now able to re-examine their plans for dealing with the backlog of bank-owned homes. Las Vegas bank-owned homes may be only a tiny portion of the almost 1 mill...
04/02/2012
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Daryl B. DeShaw

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