Posts Tagged ‘Money’

Las Vegas Foreclosures and Robo-Signing

Friday, November 4th, 2011

In most recent news, it has been announced that an independent group of consultants along with federal bank regulators will be looking into homes that were foreclosed upon by 14 major lenders between January 1, 2009 and December 31, 2010. Anyone keeping up with the real estate market knows that Las Vegas foreclosures were numerous during that specific timeframe.

After various complaints and suspicions, further investigations decided to be conducted to uncover any foul play by the lenders and their employees. Many of these corporations are being accused of “robo-signing,” the illegal processing and obtaining of signatures on foreclosure documents quickly without going through the proper procedures.

If, after thorough review of these foreclosures, the lender is found to have repossessed a home without going through the proper channels, former homeowners may be entitled to compensation.

Homeowners who lost their homes between the dates of January 1, 2009 and December 31, 2010 with 1 of the 14 listed lenders being investigated who believe that their primary residence was unfairly foreclosed upon can call 1-888-952-9105 and request a form to fill out and return no later than April 30, 2012. If the complain meets the requirements, more action will be taken to determine compensation.

For additional information such as the list of lenders and call center hours head to independentforeclosurereview.com.



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Identity Theft & Prevention

Wednesday, October 19th, 2011

In 2009 alone, there were over 10 million cases of identity theft. Here we are two years later and it is no surprise that identity theft is still on the rise. Tough financial times can lend themselves to people taking extremely desperate measures and stealing the identity of someone who has money readily available to them. While some use the information for shopping sprees, others are using the newly obtained name to commit crimes or even establish a new identity within another country.

Identities are being stolen by….

  • Digging through trash looking for statements with personal information and account numbers on them.
  • Taking personal papers from plain sight. (Almost half of all victims know the thief).
  • Stealing a wallet or purse.
  • Directly obtaining a credit card or debit card number.
  • Hacking into a server or database where personal information is stored.
  • Taking information from someone’s computer on an unsecured wireless network.
  • A victim being careless or forgetful.

Prevent identity theft by….

  • Dropping outgoing mail in a post office box.
  • Securing your wireless internet connections. Create passwords not easily detected.
  • Shredding any documents containing personal information.
  • NEVER carrying around your social security card.
  • Checking your credit every year if not more for discrepancies. It is also a good idea to check the social security numbers of your children and any recently deceased family members. This is the newest trend for thieves.

For more statistics, information and prevention tips go to identitytheftprotection.org.



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Local Gamblers Leaving Las Vegas

Wednesday, September 28th, 2011

April 15, 2011 was officially deemed “Black Friday” by the poker world. What happened? Three major online poker sites were shut down and their CEOs were indicted on counts of money laundering and bank fraud. Anyone in the U.S. who made a living playing online poker was simply out of luck.

While many of these local online gamblers were single, they contributed much to the local economy and spending money was no problem. But now the single players as well as those who are married who have been providing for their families simply through online poker are now having to make a choice: move to another country that allows internet gambling or find another job. For the unattached crowd, the option is simple and tantalizing, move.

Many gaming analysts believe that poker’s “Black Friday” will have serious consequences especially to the World Series of Poker held each year at the Rio in Las Vegas. Many players qualified for the tournament through online winnings. Now that that has been shut down, the entries are projected to reduce from 8,000 to around 2,500, a significant decline. If the numbers are down and the viewers are less, big name sponsorship will drop as well. With those kind of bleak stats, all aspects of Las Vegas’ economy will inevitably take a hit.

Now that nearly 90% of the online gaming community has disappeared, things are bound to change and not for the better unless you’re Costa Rica, Canada or Mexico – countries who still allow online gaming. Local casinos will have to get creative and up the anti to entice poker players to stay and play at actual tables.



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Owning a Piece of Las Vegas Real Estate

Friday, July 15th, 2011

Over the past year it seems like there are mixed reviews as to whether or not someone should own a piece of Las Vegas Real Estate. In my opinion (and not just because I am a real estate agent), it’s a no brainer especially if you have the cash and a little patience to do so. You can get a real steal on property in just about every part of town.

In one of my previous blogs, “Las Vegas Homes: The Gap Between New and Old” I talked about just that, how the price gap between new homes and old homes is completely out of whack. The good news? It is to the benefit of anyone who wants to buy a previously owned home! Now is the time to buy. The prices are still about as low as they were in the late 90’s before the housing boom and in some areas, even lower.

The opportunity is incredible especially if you plan to occupy the home not to mention it is kind of nice owning your own home. I mean who doesn’t love yard work and pool maintenance? Well then, who doesn’t love having the freedom to wear your scivvies on the back porch while reading the morning paper (behind a privacy fence of course)?

The pride of homeownership has been lost as many have left their homes. Streets and neighborhoods are ready to be taken care of once again. As more and more people take advantage of this opportunity, we will see the pride restored and that owning a piece of Las Vegas real estate is not a bad idea at all.



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The Lowest Gas Prices in Las Vegas

Friday, July 1st, 2011

It’s the start of Fourth of July weekend and for many that means traveling. Las Vegas families are often headed out of town for a little vacation while others have family that are headed to Vegas for a little vacation. For Las Vegas real estate residents, the door swings back and forth quite frequently around here.

Gas prices in Las Vegas are currently around $3.25 which is about a quarter below the national average today. Not bad. And, it is even cheaper than it was over Memorial Day but still up a dollar a gallon from last year. While Memorial Day is a more highly traveled holiday, the gas prices will help keep tourism afloat, at least for now.

If you are traveling this holiday weekend, there are a variety of ways to save on gas from Perks at the Pump offered by various grocery chains to cash back credit cards from various gas stations. Learning how to save can be tricky, but it is possible.

One website I have found helpful in finding the lowest Las Vegas gas prices around is vegasgasprices.com. Residents throughout the Valley watch gas prices and when they spot one that is a good deal they share it. The price per gallon is reported and then posted on the website for public access. Not only do they post the lowest but the highest price per gallon as well for those who would like to know if they’ve been hoodwinked.

Participants who report local gas prices are eligible for prizes and fuel points, another way to save a little bit at the pump.

Check it out: vegasgasprices.com



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