Weekly updates on Southern Nevada Housing Market -05/14/2020

Here are a couple of things to take into concertation that has become reality, there has been some conversations about the negative consequences about forbearance. Strictly in the law states banks are not allowed to report you late if you have ask or obtain a forbearance on your mortgage and delay those payments is true. But what is getting hid underneath the surface is that they are noting in your account in the comment section that is reported on your credit as being in forbearance with highlights a big red flag on that account for anyone looking at your credit. Lenders will know that you have went into forbearance and that you needed to skip that payment as well as activity that was shown on your credit it is going to have an effect on it, it is going to show a blank spot. Stay tune to hear more! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/