by Larry Tolchinsky | Closings, Deficiency Judgments, Florida Real Estate, Foreclosure Rescue, Local Lawyers, Real Estate, Short Sales
Last Update: 02/24/16 In a recent news article, it was reported that there is a “stigma” surrounding the Short Sale option in buying a home these days. CBSNews reported with a story entitled, “Is there a stigma with home “short sales”?” In fact, a Fort... by Larry Tolchinsky | Florida Foreclosures, Foreclosure Rescue, Real Estate, Short Sales, Underwater Mortgage
This week, Moody’s is reporting on investors being concerned about how long it’s taking states with judicial foreclosure procedures (like Florida, New York, and New Jersey) to clear out all those residential foreclosures because the carrying costs of those loans... by Larry Tolchinsky | Debt Collection - Mortgages, Deficiency Judgments, Dyck O'Neal, Florida Foreclosures, Foreclosure Fraud, Home Loan Fraud, Loan Modification, Short Sales, Wrongful Foreclosure
Last Update: 08/01/16 In Florida, when the mortgage balance is more than the sales price of a home in foreclosure, there is a “deficiency” – stated another way – the deficiency is the amount due the lender when the sale proceeds in a short sale... by Larry Tolchinsky | Debt Collection - Mortgages, Florida Foreclosures, Foreclosure Fraud, Foreclosure Rescue, Home Loan Fraud, Loan Modification, Short Sales, Underwater Mortgage, Wrongful Foreclosure
This Article Is From 2013 Florida homeowners, and borrowers across the country, are no longer considering HAMP (Home Affordable Modification Program) to be the big success that it was touted to be by the Treasury Department when it debuted back in 2009. HAMP, as you... by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Florida Real Estate, Foreclosure Fraud, Foreclosure Rescue, Real Estate, REO (Real Estate Owned), Short Sales, Underwater Mortgage
How is the Florida foreclosure market doing right now? Some are reporting optimistic viewpoints – we’re out of the woods, they claim: everything is getting better every day. Meanwhile, for those working with Florida homeowners and Florida borrowers in the... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Law, Florida Real Estate, Short Sales, Underwater Mortgage
For those who live outside of the State of Florida but who own or owned Florida real estate subject to foreclosure, the possibility of that foreclosure’s deficiency judgment being collected in your resident state is real. Florida Deficiency Judgments Have Five...