Posts Tagged ‘Law’

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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What People Do To Disqualify Their Loan Application After Being Pre-Approved.

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The first thing most people do to make them not qualify for a loan to buy Reno/Sparks real estate is add on additional credit such as:
1.) Buying a car
2.) Getting additional credit cards
3.) Co-signing for a family member
The second thing is to change jobs while in the loan process to buy Reno/Sparks real estate.
The third is missing payments or paying bills late while in the process of buying Reno/Sparks real estate.

Being a Reno/Sparks real estate consultant I always appreciate any question or comments on the Reno/Sparks real estate or any of the articles I post.

Send all questions to chance@ballard-company.com

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