by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Real Estate, Real Estate, Real Estate Appraiser, Short Sales, Wrongful Foreclosure
Deficiency judgments are a real concern for home owners facing foreclosure or dealing with short sales here in South Florida. Under Florida law, even after the home has been sold and the sales price used to pay down the mortgage amount, the lender still has the legal... by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Florida Real Estate, Foreclosure Rescue, Real Estate, Short Sales, Underwater Mortgage
In a successful short sale, the seller and the mortgage lender have reached an agreement, either as part of foreclosure defense negotiations or in underwater mortgage loan modification talks, to allow the home to be sold in an arms length third party transaction. ... by Larry Tolchinsky | Closings, Florida Real Estate, Real Estate, Short Sales, Titles
Last Update: 02/24/16 As Florida’s real estate market continues to be complicated and chaotic – thanks to all the robo-signing and Foreclosure Fraud crises, in no small part – lenders hopefully will be looking at real estate closing costs. ... by Larry Tolchinsky | Debt Collection - Mortgages, Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Home Loan Fraud, Real Estate, Real Estate Appraiser, Short Sales
Short sales are very popular right now in Florida (and the rest of the country), and as we’ve explained in earlier posts, the rising popularity in shorts sales is due in large part to the changing attitude of lenders towards short sales as being a better deal... by Larry Tolchinsky | Appraisal Fraud, Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Real Estate, Real Estate Appraiser, REO (Real Estate Owned), Short Sales
When money gets tight, it’s smart to find ways to keep costs down, right? Whether you are a bank or an Average Joe home owner in Florida these days, it’s smart to be frugal in keeping up your property as well as undertaking improvement projects. Problem...