Monday, March 12, 2012

UPDATE - DISTRESSED PROPERTY / FORECLOSURE LIST



Thank you to First American Titles Lucy Roman for compiling this informative distressed property list.

Effective October 1, 2011, AB284 of the 2011 Legislative session revised NRS 107 and now requires an Affidavit of Authority to Exercise Power of Sale to accompany Notices of Default. This legislation has limited the number of Notice of Default recordings since that date.

FORECLOSURES SOLD  (Removed from list)
456 Ponderosa, APN 123-010-07, TS#11-11206, Rec. 3/9/12– Sold for $5,875,000
801 Northwood – Incline Manor #10, APN 132-030-10, TS#NV09002968-10-1, Rec. 3/8/12 – Sold at Trustee’s Sale to third party for $102,256.00
335 Ski Way – Burgundy Hill #302, APN 126-172-05, Rec. 3/7/12, US Bank, c/o Recontrust Co., 400 National Way, Simi Valley, CA 93065 – Sold for $160,000

NEW LENDER OWNED (REAL ESTATE OWNED / REO) :
928 Wendy #4, APN 131-340-04, Rec. 3/5/12 – Back to beneficiary; no recorded docs yet

NEW  NOTICES OF DEFAULT:
719 Tyner, APN 125-132-05, NOD Rec. 3/7/12
590 Lakeshore, APN 122-128-16, NOD Rec. 3/5/12

NEW LENDER FILED NOTICES OF SALE:
631 Village, APN 129-390-06, TS#11-03135-3 NOD Rec. 7/22/11 - TRUSTEES SALE SCHEDULED ON TUES. 4/10/12 AT 11AM
666 Tyner, APN 125-462-03, TS#146182NV, NOD Rec. 3/16/11 – TRUSTEES SALE POSTPONED UNTIL THURS. 4/5/12 AT 11AM
837 Southwood – Creekside West #22,  APN 127-12-022, TS#5432, NOD Rec. 1/31/11– TRUSTEES SALE SCHEDULED ON 5/23/12 AT 11AM BY HOA (Previously cancelled in error.)
501 Lakeshore – Lakeshore Terrace #6, APN 122-510-06, TS#128540NV, NOD Rec. 10/1/08 & 11/14/08  TRUSTEES SALE POSTPONED UNTIL FRI. 4/13/12 AT 11AM


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