reno sparks real estate

Q: Will A Homestead Protect Me From Foreclosure?

August 30, 2011 | Category: For Sellers | Tags: , , , , , , , ,
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

April 28, 2011 | Category: For Sellers, Short Sales | Tags: , , , , , ,
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.

January 7, 2011 | Category: For Buyers, For Sellers, News | Tags: , , , , , , , ,
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.