Las Vegas Real Estate News |
Help, considering going into foreclosure! Posted: 06 Mar 2009 01:46 AM PST Only my name is in the title of the home that we currently own. The house depreciated 100K in the last twoyears. My husband lost his job and I had to take a pay cut in order to keep my job. My company is considering another pay cut to avoid laying off employees. It's getting very difficult to pay the mortgage. I am already about 20K in credit card debt because I pay the mortgage and use the credit card to pay for everything else. What would happen in we buy smaller home at a price that we can afford and then let our current house go into foreclosure? |
Why did Move spurn ActiveRain? Posted: 06 Mar 2009 12:00 AM PST Court case sheds light on deal's demise |
Portland: not so perfect after all? Posted: 06 Mar 2009 12:00 AM PST From Curbed.com blog |
Delinquencies, foreclosures hit new highs Posted: 06 Mar 2009 12:00 AM PST More than 11% of loans were late or in foreclosure during Q4 |
I need information on a Short Sale and Possibly Forecloser? Posted: 05 Mar 2009 10:29 PM PST I own a condo here in Las Vegas. I purchased it in 2005 at $150,000 with hopes to sell it in a couple years and relocate with my family. I could not sell it for 3 years because of a soft pre-payment penalty which amounted to about $40,000 (INSANE!!!) My third year was up in August 2008 and our condo is now worth $40,000-70,000 (There is one pending for $38,000). I am no longer working and we have had a major income loss because I am not working. Our savings is being depleted and we are working on a possible short sale. I am very scared because wedo have some assets like a CD,bonds, and another savings account that my inlaw has for us. We can't really touch any of them and I'm worried that the bank will not see our hardship because of that and eventually come after us if we forclose. We can't afford the condo because I am not working, our basic survival needs (food, fuel,power bills ect.) We have a new baby, and have nothing valuable that we have bought. What do I do? Consequences? |
Las Vegas Short Sale Update: Understanding how listing agents <b>...</b> Posted: 05 Mar 2009 10:52 PM PST |
New Look For <b>Las Vegas Real Estate</b> | Kelsey Publishing Knowledge Base Posted: 05 Mar 2009 04:55 PM PST |
Las Vegas Short Sale Update: Understanding how listing agents <b>...</b> Posted: 05 Mar 2009 10:52 PM PST |
Real Estate Blog - MGM Mirage's CityCenter loan talks dissolve Posted: 05 Mar 2009 03:32 PM PST |
House OKs 'cram-down' compromise Posted: 05 Mar 2009 03:44 PM PST Bill would let bankruptcy judges modify mortgages |
Posted: 05 Mar 2009 12:51 PM PST but always lose out. My agent is now telling me that I have looked at everything in the area I am in. I have looked at over 30 houses but some are just the wrong house. I did put in 15 offers but lost those. I am not picky at all the last 5 offers were on houses I really didn't even like. There are at least 20 more houses on Realtor.com that I haven't looked at but she says that because I am going FHA and need the seller to pay closing I have looked at everything available to me. The media says there are tons of available houses and I see them listed on all the websites but I can't buy one of them because I am a typical first time homebuyer with little to put down going to use an FHA loan. Is there any hope at all of getting a home? Do you think more will pop up, even though the government is trying to stop banks from foreclosing? |
Las Vegas High Rise Condos - HighRiseCondoHotels.com: Competition <b>...</b> Posted: 05 Mar 2009 12:12 PM PST |
2009 Legends Bartending Championship Crowns World$s Best Bartender <b>...</b> Posted: 03 Mar 2009 10:16 PM PST |
Posted: 05 Mar 2009 09:48 AM PST Realtor Notebook |
Posted: 05 Mar 2009 07:40 AM PST |
MGM Mirage Seeking Solution with Lenders Posted: 05 Mar 2009 08:41 AM PST |
Free standing Las Vegas office building for sale for $475000 <b>...</b> Posted: 02 Mar 2009 09:14 PM PST |
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