by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Foreclosure Fraud, Real Estate, Short Sales, Underwater Mortgage
The Sun Sentinel published an excellent overview of the current crisis for many Florida homeowners today in a piece written by Paul Owers, entitled “Homes bought five years ago the hardest to sell.” Owers covers the situation that many property owners... by Larry Tolchinsky | Florida Foreclosures, Florida Real Estate, Foreclosure Fraud, Real Estate, Underwater Mortgage, Wrongful Foreclosure
The attorneys general of all fifty states banded together last October to form a united front in the investigation into widespread foreclosure fraud in this country. Now, their efforts are being made public, as it’s being announced that proposals are in place... by Larry Tolchinsky | Florida Condominium Law, Florida Domicile, Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Foreclosure Fraud, Underwater Mortgage, Wrongful Foreclosure
Underwater mortgages are those situations where the homeowner is said to hold “negative equity” in his property — he is “upside down” — because he owes more to the lender than he can get if were to sell the property. Which makes it...