by Larry Tolchinsky | Florida Corporations, Florida Domicile, Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Loan Modification, Real Estate, Underwater Mortgage
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,... by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Florida Real Estate, Real Estate, REO (Real Estate Owned), Short Sales
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,... by Larry Tolchinsky | Florida Domicile, Florida Foreclosures, Florida Homestead, Florida Real Estate, Loan Modification, Real Estate, Short Sales, Underwater Mortgage
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... by Larry Tolchinsky | Appraisal Fraud, Deficiency Judgments, Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Real Estate, Real Estate Appraiser, Wrongful Foreclosure
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... by Larry Tolchinsky | Appraisal Fraud, Florida Foreclosures, Florida Real Estate, Foreclosure Fraud, Real Estate, Real Estate Appraiser, Wrongful Foreclosure
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....
