Get a Fast and FREE Consultation!
Fill out the form NOW!

"The median monthly payment reduction for borrowers enrolled in
the (HAMP) program is $522" - DSnews.com

First name: *
Last name: *
Email: *
Phone: *
Property State: *
Home Value:*
Mortgage Balance: *
How Far Behind: *
Read our privacy policy.

In Las Vegas Banks Have to Keep Homes in Decent Shape to Avoid a Fine


The city of Las Vegas has created a city ordinance in which lenders will be fined if vacant properties are not in decent condition.  This order also applies to vacant homes where the borrower still may own the title of the property.  The city of Las Vegas has a lot of vacant properties that have been foreclosed on, or in the process of being foreclosed

The Lenders who do not obey by the new rule could possibly face a $1,000.00 fine, or 6 months jail time. The bill states that they want to "establish a program to reduce the amount of deteriorating real property located in the City, in particular, real property suffering from blight caused by lack of inadequate maintenance."