by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Real Estate, Loan Modification, Short Sales, Underwater Mortgage
This time last year, we discussed how Congress was “kicking the can down the road” by passing federal legislation that extended the 2007 Mortgage Forgiveness Debt Relief Act’s tax break for one year as part of last year’s Fiscal Cliff legislation. (Read the details... by Larry Tolchinsky | Florida Foreclosures, Florida Law, Florida Real Estate, Loan Modification, Short Sales, Underwater Mortgage
Last Update: 10/16/19 Update: Florida’s Hardest Hit Program Is Closed – See this link. However, to get help with Foreclosure Defense, click here. Beginning this morning at 9:00 am, the Florida Hardest Hit program sprang back to life, accepting new... by Larry Tolchinsky | Closings, Florida Foreclosures, Florida Homestead, Florida Real Estate, Real Estate, Underwater Mortgage
Last Update: 02/24/16 Filing bankruptcy as a foreclosure defense strategy here in Florida may or may not be a good idea (see our earlier post). There’s one factor in this decision now that was not there years ago: time. The glut of Florida foreclosure cases on file in... by Larry Tolchinsky | Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Rescue, Loan Modification, Underwater Mortgage
Is it the sunny summer weather here in Florida or the record-breaking number of Florida foreclosures that is so tempting to fraudsters that they come up with so many different and creative ways to con Florida homeowners (homeowners who are trying to deal with their... 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 | Community Associations, Condos and Townhouses, Deficiency Judgments, Florida Condominium Law, Florida Law, Florida Real Estate, Underwater Mortgage
In Florida, one result of the past few year’s foreclosure fraud crisis has been chaos for condo associations across the state as Florida condo unit owners have become delinquent in paying assessments. Often, strapped condo owners make arrangements with their...