by Larry Tolchinsky | Florida Foreclosures, Florida Real Estate, Foreclosure Fraud, Real Estate, Underwater Mortgage, Wrongful Foreclosure
The attorneys general of all fifty states banded together last October to form a united front in the investigation into widespread foreclosure fraud in this country. Now, their efforts are being made public, as it’s being announced that proposals are in place... by Larry Tolchinsky | Florida Condominium Law, Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Real Estate
Florida is running in the red, budget-wise, but that doesn’t mean that the legislators in Tallahassee have their hands tied completely. Several new laws are being debated now in an effort to help the Florida real estate market, and journalists like Toluse... by Larry Tolchinsky | Florida Condominium Law, Florida Domicile, Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Foreclosure Fraud, Underwater Mortgage, Wrongful Foreclosure
Underwater mortgages are those situations where the homeowner is said to hold “negative equity” in his property — he is “upside down” — because he owes more to the lender than he can get if were to sell the property. Which makes it... by Larry Tolchinsky | Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Local Lawyers, Real Estate, Wrongful Foreclosure
In today’s Sun Sentinel, reporter Diane C. Lade exposes yet another paperwork problem for Florida lenders: in an article entitled, “Lawyers say they’re forced to cancel mediations when lenders hold back disclosures, ” Lade points out that many... by Larry Tolchinsky | Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Real Estate, Wrongful Foreclosure
Florida continues to make national news as it currently ranks third (behind Nevada and Arizona) in the highest foreclosure rates in the country. Florida even surpasses notoriously distressed California in the number of homes being foreclosed upon by lenders. This... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Wrongful Foreclosure
Deficiency judgments are sometimes sought in lawsuits brought by banks when a home goes through a foreclosure sale and afterwards there is still an amount left owing on the mortgage note. Being left with money still owed to the financial institution after already...
