RJ Article featuring Tisha Bla…
RJ Article featuring Tisha Black-Chernine, Esq. http://bit.ly/i26M0
Residential Purchase Volume Increases Due, in Part, to Tax Credit Soon to Expire
The Pending Home Sales Index (PHSI) is an index created by the National Association of Realtors (“NAR”) to measure housing contract activity, which is released the first week of each month. PHSI analyzes the relationship between existing home sale contracts and transaction closings over the last four years. As of September 2009, contract activity for pending […]
Federal Programs for Homeowners
We have received a lot of questions regarding the federal plans to aid homeowners facing the threat of foreclosure. The federal programs, called the Making Home Affordable Programs, are also nicknamed the “Obama Plans.” There is a plan for Home Refinancing and another for Home Loan Modification. Here are some facts to assist borrowers to […]
Final Nevada Mandatory Foreclosure Rules Adopted
The Nevada Supreme Court has adopted final rules for the new mandatory foreclosure mediation. These new rules become effective July 31, 2009. The rules include a number of significant changes, as the result of several public hearings conducted by the court. The mandatory mediation program allows a homeowner receiving a Notice of Default on or […]
Proposed Rules for Forclosure Mediation
The Nevada Supreme Court held a public hearing on June 25, 2009, at the Las Vegas Justice Center regarding rules for the mandatory mediation program for homeowners in foreclosure. The program was made effective on July 1, 2009, and applies to owners of primary residences who receive a Notice of Default (NOD) from their lender […]
Strategies Regarding Negative Equity.
There was an interesting article in Sunday’s Review Journal about the Nevada foreclosure market and the mediation program . The link is provided below. While I agree that modification should be thought of more as an achievement than an entitlement, I do not propose that people should merely walk away from their homes as one suggested. There are various strategies to […]
New Mortgage Consumer Protections
President Obama has proposed a new regulatory agency that would oversee a wide range of consumer financial products including credit cards and mortgages which critics say have become too complex and have played a significant role in the present economic crisis. In addition to the new agency, the Obama administration proposes stiffer regulations for financial […]