by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Real Estate, Foreclosure Rescue, Real Estate, Short Sales, Underwater Mortgage
For many months now, we’ve been monitoring the FIT situation for underwater mortgages, as well as those homeowners facing foreclosure, regarding Florida short sales and the current income exclusion from federal income taxes. In short, back in 2007 a law was... by Larry Tolchinsky | Debt Collection - Mortgages, Florida Foreclosures, Foreclosure Rescue, Loan Modification, Underwater Mortgage
Sitting in an office where lots of people call on the phone, send emails to us, and come in for a visit — all related to foreclosure issues or underwater mortgages in South Florida, it may well be that we have a different view on things than some other people. ... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Homestead, Florida Real Estate, Foreclosure Rescue, Underwater Mortgage
Last week, TIME Magazine’s Martha C. White wrote an article asking the following question, “Is the Stigma of Ditching Your Underwater Mortgage Fading? ” and the conclusion reached in that piece shouldn’t be much of a surprise to most anyone... by Larry Tolchinsky | Debt Collection - Mortgages, Deficiency Judgments, Florida Foreclosures, Florida Real Estate, Foreclosure Rescue, Loan Modification, Real Estate, Short Sales, Underwater Mortgage
Watch out: yesterday a new report was released by the Federal Housing Finance Agency (FNFA) that finds mortgage bank agencies Fannie Mae and Freddie Mac could increase their revenue by aggressively going after collection of deficiencies on home loans and on... by Larry Tolchinsky | Appraisal Fraud, Florida Foreclosures, Florida Real Estate, Short Sales, Underwater Mortgage
This month, Bank of America is hosting a seminar for Florida real estate agents to help them get buyers qualified fast and efficiently. If you’re interested, it’s being held at the Title Express of Weston on October 30, 2012, at Total Wines, 15980 Pines... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Homestead, Florida Law, Foreclosure Rescue, Real Estate, Short Sales, Underwater Mortgage
Effective November 1, 2012, anyone with a government-sponsored-enterprise (GSE) mortgage home loan that can prove one of the hardships recognized by the federal government may short sell their home even if they are current in their mortgage payments — and the...
