admin | February 17, 2010
In the state of Nevada, it has been possible for a borrower to receive a deficiency judgment even after they’ve already lost their home to foreclosure. Effective October 1, 2009 Assembly Bill No. 471 addresses this issue by limiting who may be awarded a deficiency judgment relating to real property.
admin | September 15, 2009
The Department of Housing and Urban Development has put out a list of Tips that can help you avoid Foreclosure. However, before following these tips, you will want to determine if this is only going to be a temporary fix, and if keeping your home is worth the consequences that some of these tips may have on you in the future.
admin | August 21, 2009
In the state of Nevada, lenders may foreclose by using either a judicial or non-judicial foreclosure process.
Here are the differences:
admin | June 1, 2009
When the first lender carries out a foreclosure sale, the second mortgage lender may be able to take the following steps: Deficiency Judgment, civil judgment, bid for the property, charge-off
admin | June 1, 2009
Many people make the mistake in thinking that because their lender foreclosed on their home, that they no longer owe on their debt. This is dangerous misconception. In the state of Nevada (check your state laws) after your lender forecloses, they may file a deficiency judgment against you.
