by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Homestead, Florida Real Estate, Foreclosure Rescue, Underwater Mortgage
Last week, TIME Magazine’s Martha C. White wrote an article asking the following question, “Is the Stigma of Ditching Your Underwater Mortgage Fading? ” and the conclusion reached in that piece shouldn’t be much of a surprise to most anyone... by Larry Tolchinsky | Debt Collection - Mortgages, Deficiency Judgments, Florida Foreclosures, Florida Real Estate, Foreclosure Rescue, Loan Modification, Real Estate, Short Sales, Underwater Mortgage
Watch out: yesterday a new report was released by the Federal Housing Finance Agency (FNFA) that finds mortgage bank agencies Fannie Mae and Freddie Mac could increase their revenue by aggressively going after collection of deficiencies on home loans and on... by Larry Tolchinsky | Closings, Deficiency Judgments, Florida Law, Florida Real Estate, Foreclosure Rescue, Local Lawyers, REO (Real Estate Owned), Short Sales
Last Update: 02/24/16 With pressure building to get short sales done before the end of the year (when the tax exemption for deficiencies expires), it’s becoming more and more important to help buyers find Florida short sale properties as well as helping sellers... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Homestead, Florida Law, Foreclosure Rescue, Real Estate, Short Sales, Underwater Mortgage
Effective November 1, 2012, anyone with a government-sponsored-enterprise (GSE) mortgage home loan that can prove one of the hardships recognized by the federal government may short sell their home even if they are current in their mortgage payments — and the... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Foreclosure Rescue, Loan Modification, Local Lawyers, Real Estate, Short Sales, Underwater Mortgage, Wrongful Foreclosure
Last Update: 10/16/19 This is a warning to all Florida homeowners who have any kind of foreclosure concerns. Please consider this information carefully. People are still getting hurt from lack of knowledge and it needs to stop. It’s not just our Florida real... 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...
