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Are Florida Short Sales a Favorite With Florida Lenders?: Florida Sellers Have Great Deals for Buyers – How Florida Short Sale Lawyers Can Help.

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...

Flippers Making Lots of Money in South Florida: Is this Great News for Short Sale Home Owners and Florida Borrowers Fighting Foreclosure?

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...

Florida Deficiency Foreclosure Claims: Banks Now Have One Year Statute of Limitations Deadline to Pursue the Deficiency

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...

HAMP Trial Period Plan Lawsuits: Borrowers Sue Banks for Failing to Do the Right Thing in TPP Loan Modification as Lenders Fail To Follow HAMP Requirements

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...

What is Happening With Foreclosures in South Florida Real Estate Right Now? Are We Still in a Big Mess? – Consider These Reports

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...

What Happens When Out of State Homeowners Who Owned Florida Real Estate Face Bank Collection Efforts in Their Home State (or Country) Because of a Florida Foreclosure Judgment?: Domesticating Judgments

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...