Call us Today at (954) 458-8655

Future of Florida Deficiency Judgments on Florida Home Mortgages – Will New Laws Limit or End Bank’s Ability to Sue for Unpaid Mortgage Balance?

This week, the proposed Florida Fair Foreclosure Act got one step closer to becoming law when the Florida State Senate Judiciary Committee okayed the foreclosure bill.  In the near future, the Florida Legislature should be voting on this proposal and you can track the...

10 Things to Know About Mortgage Debt Collectors and Florida Short Sales, Florida Foreclosures, and Florida Home Loan Modifications

In Florida, countless home owners are facing the lose of their home to foreclosure because they can’t continue to make their mortgage payments due to lost jobs, medical expenses, and other life events.  Other home owners have mortgages that are much, much larger...

Five Things To Know About The Income Tax Break For Short Sales, Foreclosures, and Loan Modifications That Ends December 2012

As discussed in our earlier post, a major tax break will end on December 31, 2012, that helps Florida home owners facing foreclosures, negotiating loan modifications, or working on a short sale of their home.  For several years, a federal law has exempted the amount...

How the Federal Servicing Alignment Initiative Helps Florida Home Owners Wanting to Short Sale

The Federal Housing Finance Agency (FHFA) implemented the federal Servicing Alignment Initiative last year and, in 2012, this new federal incentive plan should boost the number of short sales here in Florida, which is great news for home owners wanting to avoid a...

Florida Short Sales: Should You Short Sale Your Florida Home in 2012?

Here we are at the end of a stressful financial year for South Florida, and it’s time for all those New Year’s Resolutions to be made for 2012.  Finances are considered, plans are made…and for Florida homeowners with underwater mortgages or with...

Florida Mortgage Mediation Program Closes Its Doors: What This Means for Florida Home Owners Facing Foreclosure

The Florida Supreme Court’s top judge just signed an order on December 19, 2011, that shut the doors on the Florida Managed Foreclosure Mediation Program that the Supreme Court had set up back in 2009.  You can read the Administrative Order (AOSC11-44) signed by...