Ian Hirsch's experiences in his foreclosure prevention work illustrate the challenges faced by borrowers, mortgage lenders and debt adjusters like him and preventing houses from becoming foreclosed homes in Nevada.
Latest reports show that the population of illegal immigrants in Nevada has declined in 2009. Analysts have cited foreclosures, home short sales and the recession as part of the reasons.
Sales of new homes in Las Vegas were up in the first six months of 2010, a development that is quite surprising as buyers are expected to choose from a list of fixer uppers when making a purchase.
As the number of foreclosed homes and bankruptcy properties for sale in Nevada continues to rise, lawmakers have asked mortgage firms to put on hold foreclosure proceedings in the state.
Foreclosed condos for sale and foreclosed homes remained highest in Las Vegas last year. Out of more than 200 U.S. metro areas, Las Vegas was top of the list.
Repossessed homes for sale and foreclosure numbers were highest again in Nevada last year. The state's mediation program was launched to help homeowners.
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