reno sparks real estate

Q: Will A Homestead Protect Me From Foreclosure?

Q: Will a homestead save me from foreclosure? A: No A declaration of homestead, in the state of Nevada, can protect interest in an owner occupied property up to $550,000 of equity. Any equity above that amount is not protected.   The declaration protects against: Unpaid medical bills not owed to the Department of Health […]

Watch Out Walk Away Home Owners

The creator of FICO scores, Fair Issac, has developed a program that will predict which home owners may strategically default. The program takes into account many different aspects of a borrowers finances including but not limited to: Length of home ownership Credit Card Debt Timeliness of bill payments Newly opened credit card accounts According to […]

Nevada Energy Consumption Evaluation Form No Longer Required.

Well, it's here. The Nevada Energy Consumption Evaluation Form is officially active as of January 1, 2011. This disclosure is to be provided by any seller, whether they're working with a real estate agent or not, when selling a home in the State of Nevada.


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