When a lender forecloses on a home, that lender becomes a “homeowner” with all of the obligations of a homeowner, to pay assessments on a timely basis and to maintain the home. Unfortunately, for many associations, letters must be sent to the lender”;s representatives which are not always that easy to ascertain who to send the courtesy and violation letters and where to send them. Ultimately, the association could begin foreclosure proceedings based upon NRS 116.310312.
Editor’s note: Listings include the resale home’s parcel number. The address listed is the homebuyer’s mailing address and not the actual location of the resale home. About 90 percent of these addresses reflect the home purchase. Check the parcel number to make sure. Also, a few transactions do not reflect the market value of the homes. The information is provided by Accudata, a local research firm. For the complete listing, visit RJRealEstate.Vegas or on Facebook at www.facebook.com/RJRealEstateLV.
