August 27, 2010
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How Much Do You Know About Mortgage Fraud?
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Mortgage Fraud
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GLVAR Political Update Newsletter
CSA 'REALTORSŪ Who Care'

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GLVAR Short Sales/Foreclosure Guide
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GLVAR Inductees




 
Print Article

The Face of Foreclosure

SGS, on behalf of the Nevada Association of REALTORS®, conducted a study of likely foreclosure participants and witnesses among citizens of the State of Nevada. Several methods were used to reach this select target. Data pertaining to mortgage default and foreclosure for citizens in Nevada from 2007 to present was gathered and matched against existing databases for the population. Nearly 50,000 records were matched. Among those matches, SGS grouped the matches on tiers based on the likelihood of that match being the same person listed on the foreclosure and default documents. Extensive analysis was conducted on these records. Potential homeowners and likely homeowners were also added to the sample. Calls were made during both daytime hours and evening hours to ensure that all demographics would be reached. These calls took place between February 5th 2009 and March 1st, 2009. The results of the study are based on live telephone interviews with randomly selected samples of homeowners and predefined samples of all persons matched to their foreclosure records for the state. A total of 307 residents, aged 18 and older, who resided in the state at the time of the foreclosure or foreclosure scare were interviewed. In addition to sampling error, question wording and practical difficulties in conducting surveys can introduce error or bias into the findings of public opinion polls.

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