Not even death stops banks from deducting fees – Las Vegas Sun

Not even death stops banks from deducting feesLas Vegas SunYes,” said Marlene Seltzer, a Tarzana probate attorney. “Legally? No. The law says they can get away with it.” Bersane died without a will. Under Section 13100 of the California Probate Code, any amount less than $150,000 can be claimed by a deceased …

High Las Vegas foreclosure rate seen in 2011

Las Vegas continued to have an elevated foreclosure rate throughout 2011, RealtyTrac reports. According to the foreclosure data firm, year-end statistics indicate that Las Vegas has retained its top position for having the highest foreclosure rate in the country. Throughout the course of 2011, Las Vegas has a foreclosure filing rate of 7.38 percent of … Read more

CoStar’s People of Note (Jan. 8-14)

This week’s People of Note includes the following markets: Atlanta, Austin, Boston, Chicago, Denver, Houston, Las Vegas, Los Angeles, Phoenix, San Antonio, San Diego, San Francisco and South Bay. LOS ANGELES Griffin Capital Taps Sales Veteran as Pres. of Capital Markets By Laurie Forbes Griffin Capital Securities hired Jeffery Schwaber as president of capital markets … Read more

Lower home prices recorded in Las Vegas

Recent reports indicate that the prices of homes for sale in Las Vegas become more affordable during the final two months of 2011. According to CoreLogic, home prices in Las Vegas were down 10.8 percent in November on a year-over-year basis as Nevada led the nation in home value depreciation at 11.2 percent. "Distressed sales … Read more

Las Vegas sets record number of home sales in 2011

The greatest number of existing homes for sale in Las Vegas were sold in 2011 than in any other year, the Greater Las Vegas Association of Realtors reports. According to the report, 48,186 properties were sold throughout the city in 2011. This includes 38,153 single-family homes and 10,033 townhouses and condominiums. The previous sales record … Read more