Legal Question in Real Estate Law in Nevada

A small number of lenders are offering below market interest rates for a five year period that drops the monthly payment to make it competitive with rent. These are great deals. Unfortunately, there seems to be no logic in how these offers are made and I wouldn't take your money and promise I could get you one of those deals. Some lenders will do a short sale and promise not to sue you for their loss. However, this is becoming a harder deal to get. Again, I could not take your money and promise you results. If you let them foreclose, they may or may not sue you for a deficiency judgment in which case you might want to consider your bankruptcy options. I realize that this answer is not particularly helpful. So much depends on who the lender is and what the current thinking of that lender is.