Florida Families After a Foreclosure: What Happens to Florida Households Post-Foreclosure? Good News as Foreclosures Don’t Block New Home Mortgages

| February 4, 2014

The impact of a foreclosure upon a family and its financial future has been the subject of many studies over the last several years, particularly after the recent Housing Crisis hit the United States. (For example, read the 2011 study by a Federal Reserve economist about “The Post-Foreclosure Experience of US Households.”) The logical thing […]

Flopping In Florida: Real Estate Agents And Insider Realtor Deals – Are You A Victim Of This Kind Of Florida Real Estate Fraud?

| January 28, 2014

In recent years, most of us in South Florida have become all too aware of real estate “flipping” — where a distressed home is purchased by an investor who goes into the deal with the idea of doing some improvements to the place and then reselling the place for a profit. It’s so popular that […]

Real Estate Agents Gone Wrong – Short Sale Scams

| January 23, 2014

News About Real Estate Agents Acting Bad It’s sad that some real estate agents have to make all real estate agents look bad.  A real estate agent conspired to commit short sale fraud by having the owner of a single family home submit false documents to Tri Counties Bank and Freddie Mac in conjunction with […]

2014 Surprise for Florida Underwater Mortgages: Mortgage Forgiveness Debt Relief Act Tax Break Has Not Been Extended – Deficiency Will Be Taxed in 2014

| December 31, 2013

This time last year, we discussed how Congress was “kicking the can down the road” by passing federal legislation that extended the 2007 Mortgage Forgiveness Debt Relief Act’s tax break for one year as part of last year’s Fiscal Cliff legislation. (Read the details here, “Florida Short Sales and Florida Foreclosure Defense Deadline for Tax […]

Duty to Disclose for Sellers in Florida Residential Real Estate Transactions – Are Florida Real Estate Buyers Protected by Florida Law?

| October 22, 2013

Disclosure of bad things doesn’t always happen in real estate negotiations because sellers fret that if the buyer hears something bad, they’ll walk away — or, counter with a much lower price than the listed sales price. Fortunately, Florida law requires that sellers disclose known defects involving Florida residential real estate; sellers who fail to […]

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