Larry Tolchinsky | January 19, 2012
Sometimes, the easiest way to understand something is to consider one example. In the case of appraisal error, a recent news story about a phony and fraudulent New York home appraisal really helps to make things clear. In many instances, appraisals are bad because of fraud – and because of negligence. Great Example of Appraisal [...]
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Tags: Appraisal Fraud, Appraisal Negligence, Appraiser Fraud, Short Sales
Larry Tolchinsky | January 12, 2012
In Florida, short sales are growing in popularity now that lenders realize the expense and difficulty of dealing with a foreclosed home, and because so many other homes are at risk for foreclosure their is a likelihood that the inventory will continue to grow. Also, banks rather have a home sold by short sale than [...]
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Tags: Short Sale Counseling, Short Sales, Underwater Mortgage
Larry Tolchinsky | January 10, 2012
At most real estate closings, there’s lots of paperwork. Page after page of single-spaced language that has to be reviewed, and then affirmed by the signor that they read and understood all that language in all those pages. Which is what Barbara and Rick Borchers did when when they sold their Florida home eight years [...]
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Tags: Bank of America Foreclosures, BofA Foreclosures, Broward Real Estate, Florida Law, Florida Real Estate Foreclosures, Title Insurance
Larry Tolchinsky | January 3, 2012
The former chief economist for the National Association of Realtors (1987-97) and the current chief economist for Florida Realtors | Orlando gave his take this week on the current Florida real estate climate in an article written by Orlando Sentinel staff writer Mary Shanklin. You can read the full article, entitled “Talking With … John [...]
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Tags: Broward Real Estate, Florida Law, Florida Real Estate, Florida Real Estate Foreclosures, Short Sale Counseling, Short Sales
