4 Websites You Can Trust for Bankruptcy and Foreclosure Information in Nevada

There are a lot of scams in the world of bankruptcy, foreclosure, short sales, loan modifications and foreclosure mediation. Especially in Nevada, and perhaps even moreso in Las Vegas. You can search on Google for help. But how do you know which information sources you can trust? Look no further because here are… 4 Websites You Can Trust for Bankruptcy …

More Nevada homeowners requesting “Foreclosure Mediation”

Since it was first implemented by the Nevada Legislature earlier this year, Nevada’s Foreclosure Mediation Program has become a big deal for Las Vegas and other Nevada homeowners who have received a foreclosure notice. There have been over 2,200 mediation requests, and according to an article in the Las Vegas Business Press, there have been up to 100 mediation requests …

Nevada foreclosure rate tops again as unemployment continues to rise

Thanks to the Las Vegas housing bust, Nevada once again has topped RealityTrac’s quarterly report for having the the highest rate of foreclosures in the U.S. at 1 out of every 23 homes. The Nevada foreclosure situation is of course not being helped by a 13% unemployment rate in the state along with declining population overall, according to a recent …

70% of July home sales in Las Vegas were foreclosures

According to a recent article in the LA Times, 70% of home sales in Las Vegas were in connection with foreclosures. This is an astounding number.  However, hopefully it will start to go down thanks to Nevada’s Foreclosure Mediation Program enacted earlier this year. Under the program, any homeowner who received a foreclosure notice July 1, 2009 or later can request …

Which Las Vegas home foreclosure category are you in?

In the eyes of mortgage lenders and banks, there are three categories for homeowners facing foreclosure, according to an article in the Washington Post (“Foreclosures are Often in Lenders’ Best Interest“).  And only one of those categories is viewed by mortgage companies as good candidates for loan modification. Foreclosure Category 1: You can’t keep up payments without the loan modification, …

Las Vegas Foreclosures

You may have seen the recent “good news” in the Las Vegas Sun that housing sales in Las Vegas have stabilized. The article, however, goes on to point out that any minor benefit is far outweighed by the continued wave of foreclosures so far as well as the ones to come.  The article states that “by some estimates, 20,000 to …

Step-by-step guilde to Las Vegas foreclosure mediation

How will foreclosure mediation work for you if you work with Haines & Krieger?  And what will the process look like? First, if you receive a foreclosure notice, you’ll contact us for a free foreclosure mediation consulation.  We’ll explain the whole process to you in person and answer any questions.  Don’t wait too long. The law requires that you request foreclosure …