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Posted on: Friday, August 21, 2009 at 9:07 am
Las Vegas Real Estate.
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Nevada Mediation law may slow new foreclosure default notices
August
21st
Admin
Mediation law may have slowed default notices
The spike in home notice of defauts in July will add to the inventory of foreclosed homes on the market that has dwindled over the past few months starting another buying spree by investors looking to buy with cash offers.
With the moratorium lifted there is nothing holding back the banks from moving forward on homeowners unless they file for mediation within 30 days of receiving the notice of default.
Posted on: Friday, August 21, 2009 at 9:07 am Las Vegas Real Estate. You can follow any responses to this entry through the RSS 2.0 feed.
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