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Foreclosure Bills for Renters

Wednesday, March 4th, 2009

The lawmakers of Nevada worked out on bills on Wenesday to help ease foreclosure problems for homeowners, health care facilities and even renters who are mostly unaware of their landlord’s mortgage terms and conditions until they face eviction.
The Assembly Commerce and Labor Chairman Marcus Conklin said that over 32,000 homes were foreclosed in Nevada over [...]

Bill Introduced To Stop Foreclosures

Wednesday, February 11th, 2009

Assembly speaker Barbara Buckley introduced a bill on Monday, that will reduce the rising number of home foreclosures in Nevada by nearly 13,000.
Under AB149, a lender will be required to make a "good faith" effort with a borrower to work on a new loan agreement terms to avoid foreclosure.
Buckley, D-Las Vegas, said that most [...]

Workshop Sought to Help Borrowers Ride out the Foreclosure Crisis

Wednesday, January 28th, 2009

The foreclosure issue continues to haunt the borrowers in Nevada and across the country. Almost thousands of homes in North Las Vegas have faced foreclosure. Signs of foreclosure are put up in almost all neighborhood areas of North Las Vegas. Realtytrac.com, a foreclosure listing firm based in California reports that approximately 1,400 households have been [...]

Foreclosures in Clark County Is Likely To Cross 30,000

Thursday, December 18th, 2008

Clark County is likely to cross 30,000 this year in its number of home foreclosed homes. Last year, the number of home foreclosures in the real estate area of this county stood at 11,509. According to some data, there were about 2,974 foreclosures in the month of November. This added up to the total making [...]

Foreclosure Hit Businesses in Lyon

Thursday, December 18th, 2008

Lyon County has one of the highest rates of foreclosure. It was known to have the highest population rate of Nevada at a time. Today, it is leading the state in its rate of foreclosure. The real estate crisis has had a very bad effect on the economy and business as well. It could be [...]

Clark County Foreclosure: A Major Concern Now

Tuesday, December 2nd, 2008

A lot of families have faced the gauntlet of foreclosure in unincorporated Clark County. This has led to an increase in the number of abandoned houses which have fallen into disrepair. However, major improvements aimed at countering the dilapidated housing conditions in the real estate, are expected by the middle of 2009.

Recently, a proposal has [...]

Considerable Amount of Homes are in Foreclosure Due to Non Repayment of Loans in USA

Thursday, June 19th, 2008

According to the Mortgage Bankers Association in USA, about one million homes are in the state of foreclosure. A huge number of people have become homeless due to non repayment of home loans. The first quarter report published by the Mortgage Bankers Association has showed that the foreclosure process of millions of homes have been [...]

Considerable Amount of Homes are in Foreclosure Due to Non Repayment of Loans in USA

Monday, June 16th, 2008

According to the Mortgage Bankers Association in USA, about one million homes are in the state of foreclosure. A huge number of people have become homeless due to non repayment of home loans. The first quarter report published by the Mortgage Bankers Association has showed that the foreclosure process of millions of homes have been [...]

Foreclosure Crisis Continues In All Corners Of The Country

Tuesday, June 3rd, 2008

Lately, the foreclosure crisis has posed to be one of the single most intimidating factors in the nation’s real estate sector. There has been a huge slump in the overall economic conditions, affecting the national economy in a big way. While some places had their foreclosure rates subsiding this March, many saw things flaring up [...]

Foreclosures Keep Soaring Nationwide With California In The Lead

Friday, May 30th, 2008

California is in the leads currently with its foreclosure rates soaring way higher than the rest. One out of every 204 households in California now is in some way or the other related to foreclosure. According to a report from RealtyTrac, the rate is just half the total that it used to be in March. [...]

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