by Larry Tolchinsky | Debt Collection - Mortgages, Florida Foreclosures, Foreclosure Fraud, Foreclosure Rescue, Home Loan Fraud, Loan Modification
It’s sad but true that all too often home owners already facing the stress and difficulties of becoming delinquent in their mortgage payments and facing the consequences of that delinquency – losing their home, their credit rating, dealing with bill... by Larry Tolchinsky | Debt Collection - Mortgages, Florida Foreclosures, Foreclosure Fraud, Loan Modification, Short Sales, Underwater Mortgage
In Florida, countless home owners are facing the lose of their home to foreclosure because they can’t continue to make their mortgage payments due to lost jobs, medical expenses, and other life events. Other home owners have mortgages that are much, much larger... by Larry Tolchinsky | Debt Collection - Mortgages, Deficiency Judgments, Florida Foreclosures
A nice article appeared in Reuters this week entitled, “What Happens When You Walk Away From Your Home?” that includes a brief discussion of things we post about here regularly: underwater mortgages in Florida and elsewhere and the various issues that go... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Real Estate, Real Estate, Short Sales, Underwater Mortgage
As discussed in our earlier post, a major tax break will end on December 31, 2012, that helps Florida home owners facing foreclosures, negotiating loan modifications, or working on a short sale of their home. For several years, a federal law has exempted the amount... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Real Estate, Short Sales
Florida home owners concerned about foreclosure and pondering a short sale should get busy and get that short sale process started. Why? There is a countdown to the expiration date of a federal law that will impact them badly if they wait until after the end of 2012... by Larry Tolchinsky | Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Loan Modification, Real Estate, Short Sales, Underwater Mortgage, Wrongful Foreclosure
The Federal Housing Finance Agency (FHFA) implemented the federal Servicing Alignment Initiative last year and, in 2012, this new federal incentive plan should boost the number of short sales here in Florida, which is great news for home owners wanting to avoid a...