Sharing What I Know About
Florida Real Estate Law
Sharing What I Know About Florida Real Estate Law
AboutUnderwater Mortgages in Florida – Finally, Help Arrives as Chase and Bank of America Start Offering Modications of Select Risk Home Loans – Do You Qualify?
Would you like your mortgage to be cut in half? Well, for many mortgage holders of home loans held by Bank of America and JP Morgan Chase, it just might happen. This week, the New York Times reported that these two banks, two of the country's biggest lenders, are...
Chase and Wells Fargo Offer $10k-$20k for Homeowner Agreement to Short Sale: Interested, South Florida? Will Your Bank Do This Too?
Two of the biggest national lenders, Chase and Wells Fargo, are finding ways to encourage their homeowners to sell their distressed properties before they go into foreclosure, according to a news story written by Paul Owers of the Sun Sentinel entitled, "Chase, Wells...
Florida Property Insurance Hikes – Is This the Last Straw for Many Florida Homeowners With Underwater Mortgages?
In yesterday's Miami Herald, there is a report of a St. Lucie West homeowner who just received his property insurance premium bill and discovered that it has jumped from $1092 to $2715; the news story does the math - that is a 152% increase for this family, with the...
Appraisal Fraud Whistleblowers Urged to Come Forward by National Consumer Advocacy Group
Appraisers providing bad appraisals due either to negligence or outright fraud are finally being recognized as one of the major contributors to the huge foreclosure fraud crisis in Florida and the rest of the country. By providing artificially high appraisals, the...
One Billion in Foreclosure Aid via New Emergency Homeowner’s Loan Program (EHLP) NOT Available to Hurting Floridians Facing Foreclosure
10/16/19 Update: Florida’s Hardest Hit Program Is Closed – See this link. However, to get help with Foreclosure Defense, click here. This week, the federal government debuted the Emergency Homeowner's Loan Program (EHLP) with $1 billion of federal monies in its...
89 Different Florida Appraisers Are Listed in FDIC’s Claims of Fraudulent Appraisals in Lawsuit against Lender Processing Service: Is Your Appraiser on the List?
In the pleadings filed in the lawsuit filed by the FDIC against Jacksonville's Lender Processing Services, it has become part of the public record that 89 different Florida appraisers are listed by name as being involved in this lawsuit, and out of those 89...
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. One...
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 must...
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 charges based...
