SCA 2014 Foreclosures

1/2/14RRFS sold  2532 Grandville Ave for $25,500 to TRP Fund IV LLC .
TRP FUND IV v. HSBC Bank A-16-735894-C
SCA did not enforce the 4/27/12 contract indemnification clause that would have shifted this expense to RRFS.
1/2/14RRFS sold 2227 Shadow Canyon to TRP Fund IV LLC for $40,000. Nationstar Mortg., LLC vs. Saticoy Bay LLC Series 2227 Shadow Canyon 133 Nev. Advance Opinion 91, 405 P.3d 641 (Nev. 2017). There is no SCA record that the SCA Board approved the sale of this property.
Neither SCA nor RRFS were named parties to the litigation.
2/18/14RRFS sold 2721 Evening Sky for $40,000 to TRP Fund IV LLC
2/18/14RRFS sold 2115 Sandstone Cliffs for $54,000 to TRP Fund IV LLC
TRP Fund IV LLC v. Bank of Mellon et al, A-15-724233-C
SCA did not enforce the 4/27/12 contract indemnification clause that would have shifted this expense to RRFS.
2/18/14RRFS sold 2842 Forest Grove for $89,000 to TRP Fund IV LLC
3/7/14RRFS sold 2260 Island City for $30,000 to SFR Investment Pool
3/7/14RRFS sold 1382 Couperin Dr for $100,100 to LN Management LLC series 1382 Couperin
3/14/14RRFS sold 2167 Maple Heights for $6,500 to 2167 Maple Heights Trust
Bank of NY Mellon v. SCA 2:17-cv-02161-APG-PAL, ADR 17-91. SCA did not enforce the 4/27/12 contract indemnification clause that would have shifted this expense to RRFS.
3/28/14RRFS sold 2584 Pine Prairie for $7,600 to LN Mgt Series LLC 2584 Pine Prairie.
LN Mgt LLC series 2584 Pine Prairie v. Deutsche Bank
A-14-707237-C
SCA did not enforce the 4/27/12 contract indemnification clause that would have shifted this expense to RRFS.
4/29/14RRFS sold 2175 Clearwater Lake Dr. for $45,100 to Saticoy Bay LLC 
6/10/14RRFS scheduled the sale of 2986 Olivia Heights Ave, that was cancelled by a Citi Mortgage temporary restraining order. Citimortgage Inc v. SCA  A-14-702071 NV Supreme court case # 71942.
SCA Board authorized paying $55,000 to Citi to settle the case.
SCA did not enforce the 4/27/12 RRFS contract indemnification clause that would have shifted this expense to RRFS.
8/15/14RRFS sold 2763 White Sage Dr. for $63,100 to Thomas Lucas who took title as Opportunity Home, LLC
Jimijack vs BANA & SCA (A-15-720032-C); Nationstar vs Opportunity Homes (A-16-730078-C), Nona Tobin vs Joel Stokes et al A-19-799890-C, Supreme court appeal #79295.
SCA did not enforce the 4/27/12 contract indemnification clause that would have shifted this expense to RRFS.
9/11/14RRFS sold 2921 Hayden Creek Terrace for $100,000 to Jayem Family LP
FNMA v SCA 2:17-cv-1800-JAD-GWF
SCA did not enforce the 4/27/12 contract indemnification clause that would have shifted this expense to RRFS.
11/12/14RRFS sold 2416 Idaho Falls for $174,000 to Global Village LLC. My Global Village LLC v BAC Home Servicing A-15-711883-C .
SCA did not enforce the 4/27/12 contract indemnification clause that would have shifted this expense to RRFS.

SCA Foreclosures Not in UNLV Study

2017 study conducted by the UNLV Lied School of Real Estate commissioned by the Nevada Association of Realtors studied 611 HOA foreclosures between 2011-2015.

Ten HOAs had 1/6 of 611 foreclosures studied

SCA had 13 foreclosures in 2014, but SCA is not in the UNLV HOA foreclosure study’s list of HOAs that had more than five foreclosures from 2011-2015.