by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Wrongful Foreclosure
Deficiency judgments are sometimes sought in lawsuits brought by banks when a home goes through a foreclosure sale and afterwards there is still an amount left owing on the mortgage note. Being left with money still owed to the financial institution after already... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Homestead, Foreclosure Fraud, Real Estate, Short Sales, Wrongful Foreclosure
HAFA stands for a federal government program named “the Home Affordable Foreclosure Alternatives Program” which was created to compliment another government program, the “Making Home Affordable Program.” Both are under the supervision of the... by Larry Tolchinsky | Florida Foreclosures, Florida Law, Foreclosure Fraud, Wrongful Foreclosure
The Miami Herald is covering the news about what’s happening in Florida with foreclosure sales right now: homes that were priced at $250,000 or more are being bought at Palm Beach County foreclosure sales in January 2011 for as little as $200.00. That’s... by Larry Tolchinsky | Florida Foreclosures, Foreclosure Fraud, Real Estate, Wrongful Foreclosure
Today, the 2010 national foreclosure tallies were released by RealtyTrac — and the astounding total of over one million (1,000,000) homes being foreclosed by banks across the country is serious news. The numbers just keep getting higher each year (see the graph... by Larry Tolchinsky | Florida Foreclosures, Florida Real Estate, Foreclosure Fraud, Real Estate, Wrongful Foreclosure
I hope that homeowners don’t let the banks change the message and place the blame on them. Right now, the banks, the media and, I think, the general public just don’t get it. For some reason, the new scapegoat for the foreclosure mess is the borrower who is...