Sharing What I Know About
Florida Real Estate Law
Sharing What I Know About Florida Real Estate Law
AboutFlorida AG Bondi Says State AG’s Bank Foreclosure Fraud Settlement Is Big Accomplishment But Most Floridians Are Not Going to See A Dime and Many are Reportedly Getting Angry About It
Yesterday in a Washington, D.C., federal courthouse, the formal settlement documents were filed of record in the State Attorneys General - Big Banks Foreclosure Fraud Settlement Deal, where the five big national banks (Ally Financial, Bank of America, Citgroup,...
Florida Home Owners Stress Levels on the Rise: New Laws Mean Flood of 1099Cs, Foreclosure Upswing in 2012 – 2013
It's very stressful to be a Florida home owner dealing with an underwater mortgage or defaulting on a home loan. Your credit rating is getting zapped, there are all the collection practices by the mortgage lender to juggle, and then there's the legal process itself -...
Florida Foreclosure – Beware Banks Not Providing Proper Cancellation of Note (the “Zombie Note”): More Widespread Violations of Florida Law
Here in Florida, we have a snowball that just keeps rolling along, getting bigger and bigger: the national spotlight is finally noticing a big problem that Florida real estate attorneys representing Florida home owners in things like foreclosure defense and short sale...
Florida Illegal or Nonconforming Home Conversions Are Growing Problem: Florida Home and Condo Buyers Should Know Risks of Buying Home With Illegal Improvements
Last Update: 02/24/16 The reality that Florida real estate is in a Wild West situation is known by most professionals in the real estate industry -- but it just keeps getting more wild it seems. Now, there is a growing problem with illegal home conversions - which...
Florida Homes Foreclosed by Federal Government Become Rentals: FHFA Invites Landlords in Pilot Phase of New Fed Program While Congress Asks FHFA to Start Working With Underwater Homeowners
The Federal Housing Finance Agency (FHFA), the federal agency that regulates the housing market in this country, is going to begin selling homes that have been foreclosed upon by Fannie Mae to vetted investors in certain parts of the country now, as part of its test...
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...
Florida Legislature Proposed Law HB319 Hurts Home Owners and Home Buyers – Here’s Why
Across Florida, and particularly in South Florida, condominiums and homeowners' associations are having to deal with problems that arise when a condo owner defaults on his or her condo mortgage. One of those problems is the growing amount of unpaid assessments and...
Florida Home Owners Need to Know This About the Attorneys’ General National Settlement Agreement on Foreclosure Fraud
More on the big news this week on Florida foreclosures. After all, there are many things to consider as a Florida homeowner or Florida mortgage holder with this new Attorneys General - Bank Foreclosure Settlement. Here are just a few of them. First things first, it...
Bank Foreclosure Fraud Settlement with the State Attorneys General: How Much Trickles Down to Help South Florida Homeowners? Not Much.
The joint task force investigating foreclosure fraud by banks and mortgage servicers in this country, which brought together the top attorneys for each state in the country, i.e., their Attorneys General, has made a settlement deal according to a news release by the...
Lawsuit Alleges Massive Appraisal Fraud or Appraisal Negligence By Florida’s Largest Home Insurance Provider
There's big news coming out of Florida this week about phony real estate values (again): a big lawsuit has been filed claiming that Citizens Property Insurance Company has been inflating real estate values in the replacement value of homes so they can charge the...
