by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Florida Real Estate, Real Estate
South Florida is a beautiful place – but it can be a dangerous place, too, during hurricane season. Insurance claims were especially high after Hurricane Andrew hit here in the Miami area, and many private insurance companies simply refused to cover Florida... by Larry Tolchinsky | Florida Foreclosures, Foreclosure Fraud, Foreclosure Rescue, Home Loan Fraud, Wrongful Foreclosure
Florida banks are fierce: in July, mortgage lenders took back over 6700 homes from Florida home owners in foreclosure actions. That is almost 40% more repossessions than this time last year (actual statistic is 38% increase) according to RealtyTrac. National news... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Real Estate, Real Estate, Real Estate Appraiser, Short Sales, Wrongful Foreclosure
Deficiency judgments are a real concern for home owners facing foreclosure or dealing with short sales here in South Florida. Under Florida law, even after the home has been sold and the sales price used to pay down the mortgage amount, the lender still has the legal... by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Foreclosure Fraud, Security Deposits, Wrongful Foreclosure
A foreclosure is not the end of the world for the family that has lost their home to the bank in a foreclosure proceeding. That family can still have a new home, except it will be one that they will be renting instead of owning. Now, they will be dealing with... by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Florida Real Estate, Foreclosure Rescue, Real Estate, Short Sales, Underwater Mortgage
In a successful short sale, the seller and the mortgage lender have reached an agreement, either as part of foreclosure defense negotiations or in underwater mortgage loan modification talks, to allow the home to be sold in an arms length third party transaction. ...
