Robart Realty Group | Nevada Real Estate | Keller Williams

7437 WALNUT CREEK LAS VEGAS, NV 89147 4 BED | 3 BATH | 1719 SQFT | 2 STORY ASKING PRICE $190,000 MLS# 1527451 Beautiful 2 Story gem for Sale!!!  Lots of space! Large backyard.  Cozy layout.  This one will not last!! CLICK HERE FOR MORE DETAILS

9345 RUSHWORTH LAS VEGAS, NV 89178 4 BED | 3 BATH | 2 STORY | 1,714 SQFT CONTACT OFFICIAL RENTAL LISTING AGENT NATHAN ROBART  702-328-4583 CALL/TEXT  EMAIL AT NATHAN@NATHANROBART.COM  FOR RENT!! Tankless water heater, newer jet tub in back, mirror tinted windows, desert landscape and right across from neighborhood park. Brand new Maytag washer with top loader- no agitator. All tile on first floor, all bedroom have laminate wood, only carpet on stairs and hallway. Doggie door. Fully wired for security system. Covered patio with privacy shade. Includes 5 burner BBQ natural gas grill. Large shade tree in backyard with artificial grass, desert landscaping. CLICK HERE TO MAKE OFFER OR REQUEST SHOWING CLICK HERE TO MAKE OFFER OR REQUEST SHOWING CLICK HERE TO MAKE OFFER OR REQUEST SHOWING CLICK HERE TO MAKE OFFER OR REQUEST SHOWING CLICK HERE TO MAKE OFFER OR REQUEST SHOWING

656 Solstice Ave.  Las Vegas, NV 89123 List Price: $185,000 ML#  1518436 3 Bedroom | 2 Bath | Pool | Spa | 1 Story CONTACT OFFICIAL LISTING AGENT NATHAN ROBART  702-328-4583 CALL/TEXT OR EMAIL AT NATHAN@NATHANROBART.COM VISIT US AT WWW.656SOLSTICE.COM  Amazing single story home WITH BEAUTIFUL POOL & SPA!! Very well maintained home with open floor plan. Tile & carpet flooring. All appliances stay! Tons of amenities and a great location. Call today for a showing or to make an offer.   For more information, pictures, video, etc...Go to  www.656Solstice.com

There are a number of bases on which lenders can defend a claim by the HOA or third party purchasers that the HOA lien extinguished a first priority deed of trust. If the secured loan is an FHA loan, Federal Courts have held that Nevada law cannot be interpreted to extinguish the deed of trust. In  Washington & Sandhill Homeowners Assoc. v. Bank of Am. N.A. et al. , No. 13-cv-01845-GMN-GWF (D. Nev. Sept. 25, 2014), an HOA, relying on its super-priority lien, foreclosed on a property that was subject to a mortgage insured by the federal Department of Housing and Urban Development (HUD) pursuant to its Single Family Mortgage Insurance Program (SFMI Program). The federal district court found that federal law, not state law, governs federally insured mortgages and that state law cannot prevent HUD from acquiring title to an insured property pursuant to the terms of the SFMI Program. It thus held that the HOA’s foreclosure pursuant to NRS 116.3116 was preempted and invalid. The HO

The recent Nevada Supreme Court decision that allows homeowners associations to trump mortgage lenders in foreclosing on homes sent a shot from Carson City across the state and through the Nevada real estate community. The ruling has the potential to affect the delicate relationships among homeowners, HOAs and lenders covering more than 500,000 properties in nearly 3,000 HOAs in Nevada. Kolleen Kelley, president of the Nevada Association of Realtors, referred to it as “Armageddon” on the day the decision was announced. She said banks would further restrict mortgage lending if their loans couldnt be protected. Other industry observers agreed. The case centered on an $885,000 home in Southern Highlands sold at auction for $6,000 by an HOA. The court ruled that super priority liens held by HOAs for unpaid assessments take precedence over first trust deeds held by banks or other mortgage lenders. Further, it said HOAs don't need to go to court for permission to seize a property,

A recent decision by the Nevada Supreme Court empowers homeowner associations in matters concerning foreclosure. The court in September ruled that unpaid homeowner association dues can establish a superior lien, or right to ownership, regardless of a bank's mortgage on a home. “They just got a landslide. They just got a windfall if the sale was conducted properly. They just got home for a few thousand versus market value, whatever that is. From the bank side, if the sale was conducted properly, they just lost their security for their loan,” home ownership attorney Avece Higbee said. In some instances investors are purchasing liens from homeowner associations for thousands of dollars, using them to foreclose on homes and reaping hundreds of thousands of dollars. Banks lose out because interest accrued from the loan is lost. Attorneys for homeowner associations are applauding the decision, claiming associations have lost out on unpaid dues for years. Read more:  h