by Larry Tolchinsky | Appraisal Fraud, Florida Law, Florida Real Estate, Real Estate, Real Estate Agents, Real Estate Appraiser, Realtor Disputes, Short Sales, Underwater Mortgage
Last Update: 04/18/16 In recent years, most of us in South Florida have become all too aware of real estate “flipping” — where a distressed home is purchased by an investor who goes into the deal with the idea of doing some improvements to the place and then reselling... by Larry Tolchinsky | Florida Foreclosures, Florida Real Estate, Foreclosure Rescue, Real Estate, Real Estate Appraiser, Underwater Mortgage
Underwater: it’s a scary term for many real estate owners here in South Florida, and it’s a major concern for many who pay their mortgage payment each month, knowing full well that the amount on the home loan is so much greater than the current value of... by Larry Tolchinsky | Appraisal Fraud, Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Predatory Lending, Real Estate Appraiser, Underwater Mortgage, Wrongful Foreclosure
There’s another new report out on the state of the Florida real estate market, and South Florida home owners — people in places like Broward County or Miami-Dade — need to be aware of its findings. The source is Lender Processing Services (LPS) and... by Larry Tolchinsky | Appraisal Fraud, Florida Foreclosures, Florida Homestead, Florida Real Estate, Foreclosure Fraud, Foreclosure Rescue, Home Loan Fraud, Loan Modification, Real Estate, Real Estate Appraiser, Short Sales, Underwater Mortgage
Just like the rest of the country, in Florida it is extremely important to be able to trust your real estate appraisal because appraisals, compiled by appraisers that are depended upon by many, many people to be responsible, thorough, knowledgable, and honest, give... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Real Estate, Real Estate, Real Estate Appraiser, Short Sales, Wrongful Foreclosure
Deficiency judgments are a real concern for home owners facing foreclosure or dealing with short sales here in South Florida. Under Florida law, even after the home has been sold and the sales price used to pay down the mortgage amount, the lender still has the legal... by Larry Tolchinsky | Debt Collection - Mortgages, Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Home Loan Fraud, Real Estate, Real Estate Appraiser, Short Sales
Short sales are very popular right now in Florida (and the rest of the country), and as we’ve explained in earlier posts, the rising popularity in shorts sales is due in large part to the changing attitude of lenders towards short sales as being a better deal...