by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Real Estate, Foreclosure Rescue, Real Estate, Short Sales, Underwater Mortgage
For many months now, we’ve been monitoring the FIT situation for underwater mortgages, as well as those homeowners facing foreclosure, regarding Florida short sales and the current income exclusion from federal income taxes. In short, back in 2007 a law was... by Larry Tolchinsky | Debt Collection - Mortgages, Florida Foreclosures, Foreclosure Rescue, Loan Modification, Underwater Mortgage
Sitting in an office where lots of people call on the phone, send emails to us, and come in for a visit — all related to foreclosure issues or underwater mortgages in South Florida, it may well be that we have a different view on things than some other people. ... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Homestead, Florida Real Estate, Foreclosure Rescue, Underwater Mortgage
Last week, TIME Magazine’s Martha C. White wrote an article asking the following question, “Is the Stigma of Ditching Your Underwater Mortgage Fading? ” and the conclusion reached in that piece shouldn’t be much of a surprise to most anyone... by Larry Tolchinsky | Debt Collection - Mortgages, Deficiency Judgments, Florida Foreclosures, Florida Real Estate, Foreclosure Rescue, Loan Modification, Real Estate, Short Sales, Underwater Mortgage
Watch out: yesterday a new report was released by the Federal Housing Finance Agency (FNFA) that finds mortgage bank agencies Fannie Mae and Freddie Mac could increase their revenue by aggressively going after collection of deficiencies on home loans and on... by Larry Tolchinsky | Closings, Deficiency Judgments, Florida Law, Florida Real Estate, Foreclosure Rescue, Local Lawyers, REO (Real Estate Owned), Short Sales
Last Update: 02/24/16 With pressure building to get short sales done before the end of the year (when the tax exemption for deficiencies expires), it’s becoming more and more important to help buyers find Florida short sale properties as well as helping sellers... by Larry Tolchinsky | Florida Foreclosures, Florida Law, Florida LLC, Florida Real Estate, Foreclosure Rescue, Loan Modification, Short Sales, Wrongful Foreclosure
The latest statistics have been compiled, and our neck of the woods is making the news again. Just as the State of Florida hits the top spot for foreclosures in the United States, Broward County is first in the state for foreclosure filings. 858 Days to Foreclose in...