by Larry Tolchinsky | Florida Foreclosures, Florida Real Estate
As of late, it’s become quite common for renters to suffer the consequences of foreclosure. Many of my clients, for example, are renting homes from landlords who are being foreclosed upon. But a law passed by the Obama Administration in May 2009 may provide some... by Larry Tolchinsky | Deficiency Judgments, Florida Real Estate, Foreclosure Fraud, Wrongful Foreclosure
As a follow-up to my earlier post on deficiency judgments, I wanted to discuss some elements that I did not previously cover and which I have been asked by clients. A bank/lender that obtains a deficiency judgment, also known as a judgment creditor, has many avenues... by Larry Tolchinsky | Florida Homestead, Florida Real Estate
A client approached me the other day, concerned as to whether the Florida Medicaid Recovery Unit could recover monies paid by Medicaid on his behalf from his Homestead Florida real estate after his death. I assured him that in the vast majority of cases, such recovery... by Larry Tolchinsky | Florida Probate, Florida Real Estate, Probate (Broward County), Real Estate
Hiring one attorney is tough enough, financially and otherwise, but hiring two attorneys, a Broward County Probate attorney and a Real Estate Lawyer, for a single matter – that’s downright painful! And yet, I am often contacted by clients whose attorneys have opened... by Larry Tolchinsky | Deficiency Judgments, Florida Real Estate, Foreclosure Fraud, Wrongful Foreclosure
A deficiency in the mortgage foreclosure setting is the difference between the value of a lien on real estate (the amount due to fully satisfy a debt) and the price obtained by the Bank after foreclosing on the property (or the fair market value of the property). Say,... by Larry Tolchinsky | Florida Real Estate
An article published in The Miami Herald yesterday, pointed to evidence that lenders are slowing the flow of foreclosures to the South Florida real estate market, thus curbing further price declines. In Miami-Dade County, lenders reportedly repossessed 756 homes in...