Topic: Las Vegas

RELIEF NOW, A PRICE LATER

Walking away from a mortgage you can afford won't be the end of the storyThe news is bad enough that three homeowners out of four in the Las Vegas Valley owe more on their houses than they're worth. And there's no comfort ...
Report: Most large US metro areas saw spike in foreclosure warnings between January-JuneHouseholds across a majority of large U.S. cities received more foreclosure warnings in the first six months of this year than in the first half of 2009, new data shows. ...

Focusing on foreclosures

Some cities think Clark county's fines go too far Across the valley, local governments are using fines and other tactics to pressure owners and lenders to more quickly repair and sell abandoned houses before they become eyesores. ¶ Clark County, for instance, ...
Las Vegas Valley has highest rate in nation on delinquent loans on complexes; low rent rates persist with high unemployment $40,300 The average price per unit of apartment complexes sold in Las Vegas in 2009. Average price per unit was $72,200 in ...
<div id="subtitle">New mortgage delinquencies fell at end of 2009 as foreclosure crisis begins to ebb</div><div><p>The end of the foreclosure crisis is finally in sight. For the first time in almost three years, the number of homeowners falling behind on their loans is ...

THE SUNÕS MOST READ STORIES*

THE SUNÕS MOST READ STORIES* Miss Virginia takes crown at Miss America Pageant. Miss Nevada not a semifinalist. Small oversight threatens big water pipeline proposal. Court cites wording error in legislation. Obama to zero out Yucca Mountain funding, pull license. ÒPresident Obama ...

Even the kitchen sink

People facing foreclosure legally stripping their soon-to-be former homes The foreclosure crisis in Nevada has led to a rash of what lenders and real estate agents call vandalism. People are taking everything — tiles, electrical fixtures, bathtubs, wiring and, yes, even kitchen ...
Foreclosures crimp home value estimates & sabotage sales, appraisers are left on the defensiveIt wasn't the first time that Katherine Scheri ruined a real estate agent's day with a low property appraisal. Scheri, a real estate appraiser, had sized up a three-bedroom, ...

Relief for homeowners

Obama team makes smart revisions to mortgage modification program An announcement Monday by the Obama administration that it would do more to help struggling homeowners obtain affordable mortgages could not have come at a better time for Southern Nevadans who are finding ...
At issue: Are homeowners buying what they donÕt need? One way the state can help in the foreclosure crisis, lawmakers decided a few months ago, is allowing homeowners to compel their lenders to sit down with them at the negotiating table to ...
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