When a local real estate agent told Las Vegas resident Terry Arnold she could make a quick $1,500 back in 2022 by having her property assessed by an outside company, she didn’t think much of it.
Two people showed up at her house, asked her to sign a document and then handed over a check for the money. Arnold said she thought nothing of it until May when she tried to secure a loan for her business.
“The bank called and told me there was a cloud on the title (a lien) on my home, and that’s when the nightmare started,” she said.
Turns out Arnold is one of about 800 homeowners in Nevada, according to the Nevada Land Title Association, who are still under contract with Florida-based MV Realty. With the promise of an upfront payment, MV Realty entices homeowners to sign a contract that’s real