Las Vegas Home Sales Drop But Home Price Remains Stable
According to the latest report from MDA DataQuick, May marked the first time in 21 months that Las Vegas region home sales dropped below the year-ago level. A total of 4,386 new and re-sale houses and condos closed escrow in the Las Vegas-Paradise metro area, down 1.7 percent from April and 3.3 percent below last […]
New Nevada Laws Mandate Time for Recording a Deed After a Trustee’s Sale & Good Funds Law for Escrow
The Nevada legislature recently mandated that a trustee’s deed must be recorded within 30 days following the trustee’s foreclosure sale of a property. In other words, the trustee may no longer allow the property to remain in the name of the foreclosed borrower indefinitely. If the trustee is delivering the deed to the successful bidder, […]