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/Bill…
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 at ballard-company.com or http://www.myspace.com/chancegates

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