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 17, 2012
The Federal Housing Finance Agency (FHFA) implemented the federal Servicing Alignment Initiative last year and, in 2012, this new federal incentive plan should boost the number of short sales here in Florida, which is great news for home owners wanting to avoid a foreclosure. What is the Servicing Alignment Initiative? The Servicing Alignment Initiative is [...]
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Tags: Broward Real Estate, Florida Law, Florida Real Estate, Florida Real Estate Foreclosures, House foreclosure, Loan Modification, Short Sale Counseling, Short Sales, Underwater Mortgage
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 5, 2012
Last month, we posted about the reality that most folks do not have life plans in place – and this is a bad decision for them and their loved ones. No one wants to think about a health crisis, or death, or being incapacitated for a time, but the truth is that these things happen [...]
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Tags: Broward County Probate, estate planning, Florida Durable Power of Attorney, Florida Probate, Florida Trusts, Florida Will, life planning, South Florida Lawyers
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
Larry Tolchinsky | December 29, 2011
The Pew Research Center is one of the country’s most respected research firms, and here at year end, many are listening to what Pew is reporting regarding Americans’ take on the foreclosure crisis and people not paying their mortgages. What has Pew discovered? In answers to a Pew survey, thirty-six percent (36%) of Americans said [...]
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Tags: Bank of America Foreclosures, BofA Foreclosures, Broward Real Estate, Deficiency Judgments, Florida Condominium, Florida Real Estate, Florida Real Estate Foreclosures, Foreclosure Help, Loan Modification, Short Sale Counseling, Short Sales, strategic default, Underwater Mortgage
Larry Tolchinsky | December 27, 2011
Here we are at the end of a stressful financial year for South Florida, and it’s time for all those New Year’s Resolutions to be made for 2012. Finances are considered, plans are made…and for Florida homeowners with underwater mortgages or with defaulting home loans who are sitting in homes with the stress of a [...]
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Tags: Bank of America Foreclosures, BofA Foreclosures, Broward Real Estate, Deficiency Judgments, Florida Condo Law, Florida Homestead, Florida Law, Florida Real Estate Foreclosures, Foreclosure defense attorney, Mortgage foreclosure, Short Sales, Wrongful Foreclosure
Larry Tolchinsky | December 22, 2011
The Florida Supreme Court’s top judge just signed an order on December 19, 2011, that shut the doors on the Florida Managed Foreclosure Mediation Program that the Supreme Court had set up back in 2009. You can read the Administrative Order (AOSC11-44) signed by Chief Justice Charles Canady online here. What happened? Back in 2009, the [...]
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Tags: Bank of America Foreclosures, BofA Foreclosures, Florida Law, Florida Real Estate Foreclosures, Foreclosure Lawsuit, Foreclosure Settlement, House foreclosure, Loan Modification, Mortgage foreclosure, Property foreclosure, strategic default, Underwater Mortgage, Wrongful Foreclosure
Larry Tolchinsky | December 15, 2011
Florida home owners – especially those in trouble on their home loans and considering foreclosure, short sale, or what to do about their underwater mortgage – need to know the difference between some of the documents that they signed long ago when they bought their home. Note, Mortgage, Deed of Trust: what are they, what [...]
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Tags: Bank of America Foreclosures, BofA Foreclosures, Broward Real Estate, Definitions, Florida Condominium, Florida Real Estate, Florida Real Estate Foreclosures, foreclosure defenses, Foreclosure Fraud, Foreclosure Help, House foreclosure, Mortgage foreclosure, Property foreclosure, Underwater Mortgage, Wrongful Foreclosure
