by Larry Tolchinsky | Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Local Lawyers, Real Estate, Underwater Mortgage, Wrongful Foreclosure
Right now, Florida’s governor (along with Florida bankers) are moving to change Florida’s system of foreclosing – which currently happens when a lawsuit is filed in the local courthouse – to that of “nonjudicial foreclosures” where... by Larry Tolchinsky | Florida Condominium Law, Florida Corporations, Florida Foreclosures, Florida Law, Foreclosure Fraud, Home Loan Fraud, Loan Modification, Local Lawyers, Short Sales, Underwater Mortgage, Wrongful Foreclosure
Today, another federal report was released, this time from the Office of the Comptroller of the Currency: seems that mortgage delinquencies are rising again. Which means that many people are not making that monthly mortgage payment. As the Wall Street Journal... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Real Estate, Underwater Mortgage, Wrongful Foreclosure
In an article written by Jessica Silver-Greenberg for the Wall Street Journal and shared at Yahoo! Finance, “”House Is Gone but Debt Lives On,” a big, bright national media spotlight shines on the very issue that has been the subject of many of our... by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Real Estate, Wrongful Foreclosure
Changing Florida foreclosure law in a big way is being considered right now, and Florida homeowners need to be aware of this growing movement. If these efforts succeed, then the Florida Legislature will change longstanding Florida law, making it even easier for banks... by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Loan Modification, Real Estate, Underwater Mortgage
Underwater mortgages are a serious problem here in South Florida. When home loan balances are higher than the fair market value of the home itself, the homeowner is “upside down” on his or her mortgage. This scenario increases the temptation for the... by Larry Tolchinsky | Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Loan Modification, Real Estate, REO (Real Estate Owned), Wrongful Foreclosure
Everyone in the Miami area knows that the Florida real estate market is in a huge mess. However, some South Floridians may be surprised to learn just how long that real estate crisis may continue into the future. Why? Title to Florida real estate –...