How about this, a foreclosure can hurt you if you ever need a security clearance for a job, whereas a short sale will not matter. On a short sale you can buy a house after two years and in some cases will only effect your credit report about 50 points. In some cases the bank [...]
Post Tagged with: "Reno foreclosures"
Washoe County Foreclosure Stats January 2011
To get a better understanding of where we were and where we are going in the foreclosure market, Ticor Title Company started tracking Foreclosure trends in Washoe County in 2007. In the foreclosure trend line, Ticor shows the total recordings for each month of Notices of Default, Notice of Sale, and Trustee Deeds. A Notice of Default is the beginning [...]
Reno Median Prices December 2010
Take a look at the chart below and you can see that the values over the past year are down by another 3.4% from November 2009. The current median price is $169,000 compared to $175,000 just 12 months ago. Just a little off from the October 2005 high of $360,000. In my opinion this is [...]
