I have rental properties in the metro Detroit area, Las Vegas and Miami, Florida.

I'm not familiar with Cali but if the s/l was 4 years for contracts and unsecued notes I'd put my money betting on 4 years.I'd weigh the option of proceeding regardless of the s/l as the borrower would need to bring that as a defense, I'd bet they don't if no payment was ever made.Another issue, if a payment was never made it sounds like mortgage fraud that is another category getting to criminal charges, the s/l will be longer, 7, 10, 12 years, not sure, it depends too if the original was an insured lending institution or a private individual.It also depends if the note was generated from an installment sale or was made as a cash loan, purchase or refi.It will also depend on whois in the property and if the property has been sold over the past 16 years, we just had an example of a subject 2 deal going sour with subsequent sales and that can limit your security if the note holder fails to act in a timely manner.Frankly, I wouldn't fool with this one, 16 years old, foreclosure notice gievn and never followed through, that's pretty much allowing the note to go stale and abandoning the claim of the amounts owed.If the maker of the note is still in the property and you can contact them by phone or in person, you might be able to negoiate something holding the fraud claim over thier head, forgive some of it and modify it back to life, but they need to agree and you can certainly bluff your way along to a point.

Hi guys,Could anyone in the Las Vegas Area recommend me a contractor that can do tile flooring & someone who can paint?

I don't remember what plane it was but I do remember making an emergency landing in the desert after flying Santa Barbara to Las Vegas and saying to myself..."

I've been involved in a syndication that built new commercial condos in Phoenix, I own a SFR rental in Phoenix, did a transaction in Las Vegeas, and own my own place here in San Jose.I had a RE Lic for a while years ago and did a couple of transactions, including a VA Foreclosure sale.

Really impressedIam in las vegas but will get the info to you when we get homeAs I also did the wifes laundry room with the same cabinets

About a year ago I was looking at apartments in Las Vegas to purchase, but most of the replies I got were that the market is too pessimistic.

Even more I hope this is a legitimate question to ask.I am trying to decide between 2 worlds: Las Vegas or Greenville?

Glad to see someone else from Las Vegas!

I live in the las vegas area and I've seen a lot of homes being flipped.