Las Vegas Nevada Offer by Borrower of Deed in Lieu of Foreclosure

State:
Multi-State
City:
Las Vegas
Control #:
US-01524BG
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A deed in lieu of foreclosure is a method sometimes used by a lienholder on property to avoid a lengthy and expensive foreclosure process, with a deed in lieu of foreclosure a foreclosing lienholder agrees to have the ownership interest transferred to the bank/lienholder as payment in full. The debtor basically deeds the property to the bank instead of them paying for foreclosure proceedings. Therefore, if a debtor fails to make mortgage payments and the bank is about to foreclose on the property, the deed in lieu of foreclosure is an option that chooses to give the bank ownership of the property rather than having the bank use the legal process of foreclosure.

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  • Preview Offer by Borrower of Deed in Lieu of Foreclosure

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He named the valley "Las Vegas," which translates roughly into "The Meadows," to acknowledge the wild grasses which grew in the nutrient rich desert soil with ample supply of water.

Known officially as Las Vegas Boulevard, the Las Vegas Strip is the most recognizable street in Las Vegas. It is home to the most famous hotels and s in the city, which makes it one of the most photographed and visited avenues in the world.

The Las Vegas Strip is well known for its lounges, showrooms, theaters and nightclubs; most of the attractions and shows on the Strip are located on the hotel properties.

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Las Vegas Nevada Offer by Borrower of Deed in Lieu of Foreclosure