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5 Estate Sale Tips for Property Owners in nevada

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Are you an estate representative who needs to liquidate an estate and are wondering how to have an estate sale? While typically held after a loved one has passed and the property has gone through probate, estate sales may be helpful when going through a divorce or other personal transition which requires the disposal of … Continued

What You Should Know About Real Estate Trusts in nevada

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Preparing for when a loved one passes will allow you to endure the loss without adding the stress and pressures of dealing with all of the details of an estate. If you’re wealthy, then the alarming tax rate on gits has likely been of concern. Taking action by preplanning for the distribution of an estate … Continued

What nevada Buyers and Sellers Need To Know About Cloudy Title

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Cloudy title is one of those terms that you don’t hear much about until it happens to you. And when it happens to a buyer or a seller, it can quickly tank a sale right before it’s ready to go through. To protect yourself as either a buyer or a seller, it’s important to understand what … Continued

Can A House Be Sold While In Probate In nevada?

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The answer to the often-asked question “Can a house be sold while it is in probate in nevada Nevada?” is “Yes”, but as is true of any home sale, you must adhere carefully to your state’s pertinent rules and regulations. The probate court will monitor every step and all aspects of the sale, and if … Continued

Before & After the Auction

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Initial auction date. At least 21 days from the Notice of Trustee Sale which must be served or mailed to the trustor, posted for 20 days and published once a week for 3 weeks.  NRS 107.080(4)(c) If the sale date is postponed 3 times. The process must restart. NRS 107.082 – Trustee’s Deed  If the … Continued

What is the Notice of Trustee Sale?

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The Lender/ Trustee sets an auction date. The Trustee Sale can be noticed for a time and place after 3 months from recoding of the Notice of Default. You will also get Mail in regards to this and much like the Notice of Default, this notice will also be posted with blue tape at the … Continued

What is the Notice of Default?

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Definition: Start of the foreclosure process. This notice is usually recorded, Mailed, and Posted on the subject home with Blue Tape. The 35-day reinstatement period Starts. On the 36th day the redemption period begins. No Partial Payment will be accepted by most lenders once the notice of default is filed. The full amount to bring … Continued

Nevada Foreclosure Process

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Foreclosures in Nevada fall under the non-judicial process. The foreclosure is completed by an auction sale instead of court proceeding. The lender must appoint a 3rd party, the trustee, to handle the foreclosure process. The foreclosure process in Nevada could take as little as 120 days from start to finish.
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