by Larry Tolchinsky | Florida Domicile, Florida Foreclosures, Florida Homestead, Florida Real Estate, Loan Modification, Real Estate, Short Sales, Underwater Mortgage
In yesterday’s Miami Herald, there is a report of a St. Lucie West homeowner who just received his property insurance premium bill and discovered that it has jumped from $1092 to $2715; the news story does the math – that is a 152% increase for this... by Larry Tolchinsky | Appraisal Fraud, Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Foreclosure Fraud, Real Estate, Real Estate Appraiser, Wrongful Foreclosure
Appraisers providing bad appraisals due either to negligence or outright fraud are finally being recognized as one of the major contributors to the huge foreclosure fraud crisis in Florida and the rest of the country. By providing artificially high appraisals, the... by Larry Tolchinsky | Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Real Estate, Short Sales, Underwater Mortgage, Wrongful Foreclosure
10/16/19 Update: Florida’s Hardest Hit Program Is Closed – See this link. However, to get help with Foreclosure Defense, click here. This week, the federal government debuted the Emergency Homeowner’s Loan Program (EHLP) with $1 billion of federal monies in its... by Larry Tolchinsky | Appraisal Fraud, Deficiency Judgments, Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Real Estate, Real Estate Appraiser, Wrongful Foreclosure
In the pleadings filed in the lawsuit filed by the FDIC against Jacksonville’s Lender Processing Services, it has become part of the public record that 89 different Florida appraisers are listed by name as being involved in this lawsuit, and out of those 89... by Larry Tolchinsky | Florida Foreclosures, Florida Real Estate, Foreclosure Fraud, Real Estate, Underwater Mortgage, Wrongful Foreclosure
Around two weeks from now, on July 1, 2011, things will be very different down at the foreclosure courts for Miami-Dade County. Seems the Great Recession has hit the judicial system here in Florida, just like everyone else, and they must make do with less funds now... by Larry Tolchinsky | Appraisal Fraud, Florida Foreclosures, Florida Real Estate, Foreclosure Fraud, Real Estate, Real Estate Appraiser, Wrongful Foreclosure
Knowing that inflated appraisals is a part of the reason that Florida real estate is in such a huge, horrible mess isn’t news to many who are following events in the local real estate market. However, now it appears that the federal government is taking notice....