Black & LoBello on AM720 KDWN
Listen to the Legal Hour on AM720 KDWN from August 6th, 2014 in which Michael Li, Esq., discusses changes in bankruptcy laws in Nevada (2:30)(, eligibility for bankruptcy (5:00), fraud and bankruptcy (9:10), income exclusions in bankruptcy (14:30), underwater mortgages (17:30), short sales (19:45), chapter 7 vs. chapter 13 bankruptcy (23:45), bankruptcy exemptions (25:45), cars in bankruptcy (27:00), declaring a mortgage […]
Black & LoBello on AM720 KDWN
Listen to the Legal Hour on AM720 KDWN from January 8th, 2014 in which Managing Partner, Tisha Black Chernine, Esq., discusses medical marijuana laws in Nevada (1:45)(15:00), improvements in Nevada’s housing market (3:25), term limitations for politicians (7:11), Dennis Rodman’s relationship with North Korea (9:35), setting home prices (13:15), short sales with a deficiency (19:45), reporting a lawyer to the bar […]
Black & LoBello on AM720 KDWN
Listen to the Legal Hour on KDWN AM720 from June 12th, 2013 in which Managing Partner, Tisha Black Chernine, Esq. and guest speaker, Nevada Assemblyman Jason Frierson discuss a typical day of a legislator (2:30), what can happen to a proposed bill (5:15), how SB 280 would affect HOAs (6:55), how SB 321 affects short sale (14:25), […]
Black & LoBello on AM720 KDWN
Listen to the Legal Hour on KDWN AM720 from March 13th, 2013 in which Managing Partner, Tisha Black Chernine, Esq., wrongful military foreclosures (2:05), the lawsuit against Standard & Poor’s (4:30), getting mortgage loans with bad credit (9:45), rebounding housing market (14:00), “as is” real estate sales (15:45), how AB 284 affects the housing market (21:00) and banning sugary […]
Mortgage Insurers to Allow Short Sales, Deeds-in-Lieu Without Approval
Starting November 1, 2012, if you loan is serviced by Fannie Mac or Freddie Mac, you will not have to receive approval from the mortgager insurer to proceed with a short sale. Typically, if a homeowner purchases a home and their down payment is less than 20% of the fair market value of the property, the […]
Black & LoBello on the Radio
Click here to listen to the Legal Hour on KDWN AM720 from March 21st, 2012 in which Managing Partner, Tisha Black Chernine, Esq., hosts special guest, Mark Baker from Sierra Pacific Mortgage. Ms. Black Chernine and Mr. Baker discuss what the HARP program does and how it can help people (1:50), the limits to the HARP (12:45), the pros and cons of strategic default vs. […]
Black & LoBello on AM720 KDWN
Click here to listen to the Legal Hour on KDWN AM720 from December 14th, 2011. Tisha Black Chernine, Esq. hosts special guest Harry Jacobs from Credit Restoration of Nevada who specializes in credit restoration and repair, fully bonded and licensed need in the state of Nevada. Ms. Chernine and Mr. Jacobs discuss the impact of a short sale or foreclosure on […]
SB 414 Restricts Banks
Senate Bill No. 414 was introduced to address some of the consequences of the downturn in the current real estate market. Section 2 of the Bill was intended to prevent a bank from calling a commercial mortgage loan due if the borrower is not in default. That section was quickly eliminated by amendment from the […]
AB 273 Limits Bank Collections
The purchase of a house is the largest purchase most people will ever make. When hard times hit and a homeowner loses their house, the debt the homeowner still owes to the bank is the largest debt a person will ever have. After suffering a pay cut or the loss of a job and with […]
New Nevada Real Estate Laws Update
Black & LoBello has received numerous inquiries regarding the new real estate laws discussed in our previous blog post. We thank you for your patronage of our blog and for your interest in these exciting new protections for homeowners. Several inquiries have asked for clarification regarding the manner in which the new laws regarding holders […]