Sunday, June 10, 2012

INCLINE DISTRESSED PROPERTY UPDATE AS OF 6-4-12


This foreclosure / distressed property update is provided by Lucy Roman of First American Title, Incline Village, Nevada.

PROPERTY REVERTED TO HOMEOWNER ASSOCIATION:

696 Village – Woodminster #31, APN 131-031-22, TS#30391, Rec. 4/26/12, c/o Kern & Assoc., 5421 Kietzke #200, Reno, NV 894511


CANCELLATION OF FORECLOSURE DEFAULT (Removed from list)

781 Mays, APN 127-090-02, TS#10-0157120, Red. 5/18/12


SOLD AT FORECLOSURE SALE (Removed from list)

875 Southwood – L’Ermitage #17, APN 127-420-17, Rec. 5/22/12, Federal Home Loan Mortgage Corp., 5000 Plano Pkway, Carrollton, TX 75010 – Sold for $320,000

848 Rosewood, APN 129-291-10, TS#1097879-TO, Rec. 5/21/12, Consolidated Four LLC, 570 Lakeshore Blvd., IV 89451 – Sold for $779,000
Note:  This property last sold at a price of $1,400,000 on April 4, 2008.




NEW BANK REAL ESTATE OWNED

940 Wendy Ln., APN 131-133-06, Rec. 4/25/12, Option One Mortgage Loan Trust c/o Michael R. Brooks, 1645 Village Center #200, Las Vegas, NV 89134


NEW LENDER NOTICE OF DEFAULT:


423 Fairview, APN 131-221-02, TS#21988NV, NOD Rec. 5/18/12


NEW NOTICES OF FORECLOSURE SALES:

170 Village – McCloud #8, APN 127-072-04, TS#11-32816-WA-NV, NOD Rec. 9/1/11  -- TRUSTEES SALE SCHEDULED ON THURS. 6/21/12 AT 11AM

1421 Tirol Dr., APN 126-570-03, TS#145815NV, NOD Rec. 5/12/11– TRUSTEES SALE SCHEDULED ON WED. 6/27/12 AT 11AM

4 Cal Neva Dr. – Crystal View Condos #11, APN 123-281-06, TS#10-32338-WA-NV, NOD Rec. 3/30/11 – TRUSTEES SALE POSTPONED UNTIL THURS. 7/5/12 AT 11AM

1314 St. Gallen Ct., APN 126-521-08, TS#09-0105113, NOD Rec. 2/25/11 – TRUSTEES SALE POSTPONED UNTIL MON. 7/23/12 AT 11AM

945 Harold – Chateau Condos #22APN 131-170-18, TS# 138155NV, NOD Rec. 11/24/09 – TRUSTEE’S SALE SCHEDULED FOR WED. 6/20/12 AT 11AM BY CHATEAU HOA

1312 St. Gallen, APN 126-522-02, TS#09-0116548, NOD Rec. 8/11/09 –– TRUSTEES SALE SCHEDULED ON WED. 6/13/12 AT 11AM BY TYROLIAN VILLAGE HOA

501 Lakeshore – Lakeshore Terrace #6, APN 122-510-06, TS#128540NV, NOD Rec.10/1/08 & 11/14/08 - TRUSTEES SALE POSTPONED UNTIL FRI. 6/29/12 AT 11AM


CURRENTLY LISTED IN THE INCLINE MLS AT A PRICE OF $1,299,000 - 501 Lakeshore – Lakeshore Terrace #6 - 


Note: The exteriors of the Lakeshore Terrace condo complex are currently being completely renovated with new roofs, siding and more. 
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