Larry Tolchinsky | March 12, 2013
Across the country, according to news reports, more and more home owners are opting to try and sell their homes themselves instead of working with a realtor or real estate agent to help them get their home sold. Why? One of the biggest reasons is cost: with real estate prices being what they are, many [...]
Larry Tolchinsky | February 28, 2013
Florida home owners fighting foreclosure, and foreclosure defense attorneys, and Florida lawyers helping with short sales for that matter, may need a bit of good news after dealing with the ramifications of the Florida Supreme Court’s decision in Pino v. Bank of New York this month – and we’re getting some from lawmakers in Tallahassee [...]
Larry Tolchinsky | February 12, 2013
Across the country, there’s lots of positive feedback about Fannie Mae’s “HomePath for Short Sales” where any Fannie Mae-owned home loan can be escalated by the realtor – and once this happens, Fannie Mae people enter the transaction to work directly with the mortgage servicer as well as the realtor to get things resolved and [...]
Larry Tolchinsky | January 24, 2013
The Federal Home Loan Mortgage Corporation (FHLMC), commonly known by its nickname Freddie Mac, is under the control of the federal government these days as the Federal Housing Finance Agency (FHFA) took over conservatorship of both Freddie Mac and Fannie Mac in September 2008. Freddie Mac is under the oversight of this federal agency. It’s a [...]
Larry Tolchinsky | January 22, 2013
For Florida short sales to succeed, and for Florida homeowners trying to avoid a foreclosure on their home, it’s important that there is mortgage financing available. Seems obvious, but it’s not discussed as much as it should be. The reality is that if home loans and mortgages aren’t available for Florida residential real estate, then [...]
