by Larry Tolchinsky | Deficiency Judgments, Florida Real Estate, Foreclosure Fraud, Wrongful Foreclosure
As a follow-up to my earlier post on deficiency judgments, I wanted to discuss some elements that I did not previously cover and which I have been asked by clients. A bank/lender that obtains a deficiency judgment, also known as a judgment creditor, has many avenues... by Larry Tolchinsky | Deficiency Judgments, Florida Real Estate, Foreclosure Fraud, Wrongful Foreclosure
A deficiency in the mortgage foreclosure setting is the difference between the value of a lien on real estate (the amount due to fully satisfy a debt) and the price obtained by the Bank after foreclosing on the property (or the fair market value of the property). Say,... by Larry Tolchinsky | Florida Real Estate
An article published in The Miami Herald yesterday, pointed to evidence that lenders are slowing the flow of foreclosures to the South Florida real estate market, thus curbing further price declines. In Miami-Dade County, lenders reportedly repossessed 756 homes in... by Larry Tolchinsky | Florida Real Estate, Life Estate Deeds
Last Update: 2/26/18 An enhanced life estate deed is an attractive way to transfer real property at death while also maintaining flexibility during the grantor’s lifetime. Traditional Life Estate Deeds The traditional Life Estate Deed is an estate-planning tool... by Larry Tolchinsky | Florida Real Estate
In Miami-Dade and Broward Counties, it is customary for the Buyer to pay for title insurance in a real estate closing; however, in Palm Beach, and most other parts of the State, it is customary for the Seller to pay. Even though these are the customs, sometimes the...
