Larry Tolchinsky | June 4, 2013
In Florida, one result of the past few year’s foreclosure fraud crisis has been chaos for condo associations across the state as Florida condo unit owners have become delinquent in paying assessments. Often, strapped condo owners make arrangements with their lenders regarding deficiency judgments but fail to do the same with their condo associations. It’s [...]
Larry Tolchinsky | May 21, 2013
South Florida Condo Ownership is Different Than Owning a Single Family Home For those looking into buying a Florida condo, as well as those who own a condominium either as their home or as an investment property, one of the key considerations in this type of real estate ownership is the reality of dealing with [...]
Larry Tolchinsky | May 14, 2013
Florida condominiums are used in several ways, as year-round homes, as vacation homes, and as investment properties. Many Florida condo owners permanently live in other parts of the country as well as around the world. In fact, our local area is well-known with foreign buyers: the National Association of Realtors’ Profile of International Home Buyers has [...]
Larry Tolchinsky | December 27, 2012
Florida banks are getting sued again, and this time it’s pretty interesting. Why? This time, the banks are in the role of defendants in Florida foreclosure lawsuits filed in the bottle necked Florida judicial system. That’s right: the banks are having to mount a foreclosure defense strategy. Lenders are having to file answers and appear [...]
Larry Tolchinsky | June 19, 2012
A week from Sunday, on July 1, 2012, several new laws will go into effect here in Florida that govern how things work for those who live in Florida condominiums and Florida timeshares and the associations and boards that run things in these communities. Here’s a synopsis of the new Florida Statutes that were passed [...]
