Author: kylenewman

If your house is in an association and you are selling, someone is going to say the words “resale package” and then everyone is going to wait around for two weeks. Here is what the thing actually is, what it costs, and why it is so often the slowest item in a Nevada closing. The … Continued

Reverse mortgages come due when the last borrower dies or permanently moves out. If that has happened, you are on a clock, and unlike most things in real estate this one is genuinely short. Here is what to do, in order. What “due and payable” means A reverse mortgage, usually a federally insured HECM, lets … Continued

If you are reading this, someone has died and there is a house with a loan on it. That is a lot to hold at once, and the mortgage is probably not the thing you want to think about first. It is also the thing that keeps running on its own schedule regardless of everything … Continued

A preliminary title report is the closest thing to an honest biography of your property. It is also written in a format that makes people’s eyes glaze over, which is unfortunate, because most of what derails a Nevada closing is sitting somewhere in it. Here is how to read one. What it is and what … Continued

You asked your association what you owe and got a number. That number is almost never just missed dues, and in Nevada the difference matters more than it does in most states, because part of an association lien has priority over the first mortgage. Here is how to read the itemized ledger behind the total, … Continued

A Notice of Default and Election to Sell is the document that starts a Nevada foreclosure. It arrives by mail, it gets recorded with the county, and for most homeowners it is the first piece of paper that makes the situation feel real. It is also widely misread. This walks through what is actually on … Continued