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Miami Foreclosure Courts Tighten the Financial Belt – Judges Try to Find Frugal Ways to Keep Up with Foreclosure Filings Without Rocket Docket

Around two weeks from now, on July 1, 2011, things will be very different down at the foreclosure courts for Miami-Dade County.  Seems the Great Recession has hit the judicial system here in Florida, just like everyone else, and they must make do with less funds now...

Feds Awaken to Widespread Appraisal Fraud as FDIC Sues, Alleges Florida Appraiser LPS Appraisals Wrongfully Inflated Values

Knowing that inflated appraisals is a part of the reason that Florida real estate is in such a huge, horrible mess isn’t news to many who are following events in the local real estate market.  However, now it appears that the federal government is taking notice....

Warren and Maureen Nyerges Fight Bank of America and Win: South Floridians Take Deputies to Bank Lobby to Execute on Wrongful Foreclosure Judgment

Warren Nyerges and his wife, Maureen, have done something that many other Floridians only dream about:  not only did they sue a national bank for wrongdoing and win, they actually walked into the bank’s lobby and executed on their judgment. Just imagine how that...

Florida Real Estate Appraisers – Did They Inflate Real Estate Values? Is Your Home Appraisal Wrong?

One Florida appraiser is already facing fraud charges — and we’re predicting that there are going to be a lot more Florida appraisers in lawsuits and facing criminal charges. This month, licensed appraiser Jay Whitham is being tried on criminal fraud...

The Catch-22 of Trying to Sell Your Home in Florida: Prices Going Down, Buyers Can’t Find Home Loans – But Things May Be Changing

Standard & Poor’s is an internationally-recognized financial markets analysis company, providing a number of research statistics and indices to help measure what is happening in the American economy.  You may recognize its stock index, the S&P 500, which...

Foreclosure Sales in South Florida: How Bad Is It? New RealtyTrac Stats For 1st Quarter 2011

RealtyTrac has just released its statistics for the First Quarter 2011, including foreclosure sales numbers. You can read the numbers online for free at their site’s Trend Center. Why should Florida homeowners care about foreclosure sales? The foreclosure...