Las Vegas Development Group, LLC v. Yfantis
District Court, D. Nevada
1Opinion of the Court
ORDER GRANTING IN PART AND DENYING IN PART DEFENDANT WELLS FARGO’S MOTION TO DISMISS
ANDREW P. GORDON, UNITED STATES DISTRICT JUDGE
This is a dispute over property located at 9986 Otterburn Street in Las Vegas. The former owners purchased the property with a loan insured 'by the Federal Housing Authority (“FHA”) and secured by a first deed of trust encumbering the property. The property is located in a common-interest community arid subject to assessments due to the homeowners association (“HOA”). When the former owners failed to pay the HOA assessments, the HOA foreclosed. Plaintiff Las Vegas…
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