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Friday, June 12, 2009

Homeowners’ Right To Mediation Requirement Before Foreclosure

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On 7-1-09 a homeowner, owner-occupied residents, will be allowed to request for mediation in attempts to keeps his house and negotiate a loan modification.
Here the site for more information http://www.leg.state.nv.us/75th2009/Bills/AB/AB149.pdf

The 3 steps for a homeowner to keep his house:
1.) Talk to the bank and try to refinance.
2.) Contact a senator and ask for his help getting a loan modification.
3.) Request Mediation

Understand I’m not a lawyer and will not give legal advice, however if I can be of assistance with Reno/Sparks Nevada Real Estate part please let me know.

As a Reno/Sparks real estate professional I encourage all questions and comment on the Reno/Sparks real estate market or any article posted.  I can be reached by email at chance@ballard-company.com or http://www.myspace.com/chancegates

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2 Responses to “Homeowners’ Right To Mediation Requirement Before Foreclosure”

  1. Tony Orlando on June 12, 2009 at 11:00 am

    I found your site on Google and read a few of your other entires. Nice Stuff. I’m looking forward to reading more from you.

  2. Chance Gates' Blog » Blog Archive » Fed-Up Homeowners Who Can Pay the Mortgage, Don’t on April 14, 2010 at 11:08 am

    [...]  http://chancegates.com/2009/06/12/homeow… [...]