Nevada Assembly Bill 140

AN ACT relating to real property; revising provisions relating to a
notice of sale of real property under execution; establishing
the crime of defacing a notice of sale of real property under
execution or a notice of sale of real property pursuant to a
trustee’s power of sale; establishing rights and duties of a
purchaser of real property pursuant to a foreclosure sale and
establishing rights and duties of a tenant in possession of
such property; revising provisions relating to a sale of real
property pursuant to a trustee’s power of sale; requiring a
landlord to make certain disclosures to a prospective tenant;
and providing other matters properly relating thereto.

Finally bills have passed giving tenant's rights during a foreclosure. The trustee will have to give the tenant notice that the property they are renting is in foreclosure. Under new Nevada law effective October 1, 2009 tenant's are now given 60 days to vacate after the foreclosure. What a mess Nevada has gotten into.

Posted by: Laura Gamino

Loan Modification Scams Prevalent in Nevada

The Nevada Attorney General's office says loan modification scams are topping all cases of housing fraud in Nevada.

This is why we use a local attorney licensed here in Nevada and knows Nevada Law! For more information on Loan Modifications you can contact us and we can give you the name and number of an Attorney to avoid the scams!

For the full story click on the link: http://www.ktvn.com/Global/story.asp?S=10713807&nav=menu549_2

Sign up today for breaking news and weather text alerts Americans Face a Fourth Concerned, but Resilient

For others, ultimately the answers, the real strength that will lift us, may come from within ourselves, individually and collectively.

Real estate manager Laura Gamino sees full recovery a few years off, still she's irrepressivly upbeat. "If we stick together, work together as a community, keep our business local, we'll spring back."

Medical supply company owner Doug Bolton sees Americans turning to their own resilience. "If you fall down, you've got to get back up, keep going. That's all you can do. You can't give up. You've got to keep going and hope for the best. I think it's coming around. A year from now I think we'll be back on a good track."

Some common wisdom from some of your neighbors and food for thought on our nation's 233rd birthday. Happy Fourth of July.

Posted: 7:05 PM Jul 3, 2009
Last Updated: 7:12 PM Jul 3, 2009
Reporter: Ed Pearce

For the full story click on link: http://www.kolotv.com/home/headlines/49895362.html