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The Federal Government Programs enacted in the last 18 months are having minimal impact on the overall Las Vegas Foreclosure market as well as nationally. The programs are just not gaining traction in the market and the impact is just not significant when you take a hard look at the numbers.
Case in point, the $75 Billion (yes that’s “Billion”) foreclosure prevention program has only helped slightly over 100K homeowners in…
Las Vegas Foreclosure Assistance is certainly needed by tens of thousands of residents around Las Vegas. We know of a number of resources that are publicly and freely available, including the Nevada Foreclosure Help run by the State of Nevada.
Here at RE/MAX CENTRAL of Las Vegas we are now offering free, no strings attached Las Vegas Foreclosure Assistance in our office via an attorney who is working standard business hours. Just…
Las Vegas Foreclosed Homes have been impacted by sales of traditional homes in January – this is first time this has occurred in two years, signaling more positive shifts in our local market.
Short Sales Driving Market
Short Sales are starting to overshadow foreclosed homes in terms of numbers and percentages. A Short Sale just means the home is sold for less than what is owed on the mortgage and is good…