weather icon Light Rain

Foreclosure numbers for Nevada vary

Foreclosure numbers for Nevada vary significantly, with reports of anywhere from 37,000 to 78,000 foreclosure filings in 2008.

In a project initiated by the Nevada Association of Realtors, it was determined that 24,679 notices of trustee sale were issued in all Nevada counties for which information was available in 2008, significantly fewer than the 78,000 reported by RealtyTrac.

It should be noted that many foreclosure reports include all phases of the process such as default notices, notices of auction and real estate-owned properties. In this context, foreclosure “filings” include properties that have been issued a notice of default, but have not been sold at auction.

“In fact, many homeowners who receive notices of default rectify the delinquency and are able to stay in their homes,” the Realtors association stated in its report.

A notice of trustee sale is a better indicator of an actual foreclosure than a notice of default because it indicates the homeowner was probably past the point of rectifying the situation, the report said.

Don't miss the big stories. Like us on Facebook.
Facts missing from American democracy, Americans say

A meager 9% of Americans believe that campaign messages are usually based on facts, according to a poll from The Associated Press-NORC Center for Public Opinion Research and USAFacts. Only 14% think policy decisions are often or always fact-based, or that Americans’ voting decisions are rooted in facts.

Ruling threatens human smuggling cases against Marines

SAN DIEGO — Marine Corps prosecutors were scrambling Tuesday to save numerous cases tied to a human smuggling investigation after a military judge ruled it was illegal for the military to arrest the Marines during a morning battalion formation and accuse them in front of their peers.