Nevada Foreclosures and Workouts
Skillfully Handle Troubled Real Estate Loans
When foreclosure is looming, you not only need to understand all your client's options, you also need practical techniques for protecting your client's interests. Get the tools you need at this essential seminar. We'll begin with a detailed walk-through of the various loan workout options and the foreclosure process. Then our experienced faculty will take an in-depth look at how to handle the title, environmental and post-foreclosure issues commonly encountered when working with troubled assets. Take your skills to the next level. Register today!
- Know the nuts and bolts of the foreclosure process, including its requirements and procedural pitfalls.
- Learn how to adeptly use the various workout tools and loan modification options at your disposal to avoid foreclosure.
- Recognize the title issues involved in the foreclosure and workout context and learn how to resolve them.
- Mitigate the environmental risk associated with troubled assets using tips from our experienced faculty.
- Maintain an ethical practice by avoiding conflicts of interest and multiple representation issues.
- Learn proven eviction and ejectment techniques to secure property as smoothly and efficiently as possible.
- Gain a comprehensive understanding of the post-foreclosure liability for property preservation, taxes, code violations and other ownership responsibilities.
The Foreclosure Process in Nevada
9:00 - 10:00, Written by Mark A. Hawkins. Presented by Mark A. Hawkins in Las Vegas and Laury Macauley in Reno.
- Notice Requirements
- Foreclosure Hearing
- Foreclosure Sale
- The "Closing" With Third Party Bidders
Workouts - The Various Tools in the Toolbox for Working Out Troubled Real Estate Loans
10:15 - 11:15, Written by Douglas E. Miles. Presented by Douglas E. Miles in Las Vegas and Cecilia Lee in Reno.
- Deed in Lieu of Foreclosure
- Loan Modifications
- Discounted Payoffs
Environmental Issues in the Foreclosure Process
11:15 - 12:15, Written by Gregg A. Hubley. Presented by Gregg A. Hubley in Las Vegas and Caryn S. Tijsseling in Reno.
- Environmental Conditions at Foreclosed Properties
- Assessment/Reassessment of Environmental Risk
- Liability Protection for Lenders
Title Issues in the Foreclosure Process and Workout Context
1:15 - 2:15, Written by Mark A. Hawkins. Presented by Mark A. Hawkins in Las Vegas and Cliff J. Young in Reno.
- The Loan Policy
- Using the Title Commitment and Prior Title Information
- Title Aspects of Foreclosure Alternatives
- Title Issues During Foreclosure
- Parties Involved and Obtaining Jurisdiction
- Actions the Mortgage Holder can Take
- Post-Judgment Issues
2:30 - 3:30, Written by Gregg A. Hubley. Presented by Gregg A. Hubley in Las Vegas and Cecilia Lee in Reno.
- Conflicts of Interest
- Multiple Representation Issues
- Due Diligence and Duty to Disclose
- Attorneys' Fees
3:30 - 4:30, Written by Gregg A. Hubley. Presented by Gregg A. Hubley in Las Vegas and Cliff J. Young in Reno.
- Eviction and Ejectment
- Eviction Procedures and Issues
- Ejectment Procedures and Issues
- Liability for Code Violations, Taxes, Homeowner Dues, Etc.
- Property Preservation Problems