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... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Homestead, Florida Law, Foreclosure Rescue, Real Estate, Short Sales, Underwater Mortgage
Effective November 1, 2012, anyone with a government-sponsored-enterprise (GSE) mortgage home loan that can prove one of the hardships recognized by the federal government may short sell their home even if they are current in their mortgage payments — and the... by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Foreclosure Rescue, Loan Modification, Short Sales
Short sales in Florida are a bittersweet option for the Florida home owner in trouble on their mortgage, because by definition the “short” of the sale means the sales price does not cover the amount left on the mortgage and there will be a balance left due...
