Larry Tolchinsky | February 2, 2012
In Florida, countless home owners are facing the lose of their home to foreclosure because they can’t continue to make their mortgage payments due to lost jobs, medical expenses, and other life events. Other home owners have mortgages that are much, much larger than the fair market value of their homes and they are wondering [...]
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Tags: Deficiency Judgments, Florida Real Estate Foreclosures, Foreclosure defense attorney, Loan Modification, Short Sale Counseling, Short Sales, strategic default, Underwater Mortgage
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 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
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 20, 2011
The Florida Fourth District Court of Appeals just issued an opinion that is a very big deal for Florida homeowners everywhere – but especially those who are facing foreclosure as well as those with underwater mortgages who are wondering what their future holds. In Robert McLean v. J.P. Morgan Chase, as Trustee, Florida’s homeowners won [...]
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Tags: Broward Real Estate, Florida Law, Florida Real Estate, Florida Real Estate Foreclosures, Foreclosure defense attorney, Foreclosure Lawsuit, House foreclosure, Mortgage foreclosure, Property foreclosure, South Florida Lawyers, 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
Larry Tolchinsky | December 8, 2011
It’s being called the Fairness in Foreclosures Act of 2011, although it’s proceeding through the United States House of Representatives as House Resolution 3566, and it’s a big deal to a lot of homeowners in trouble all across the country. If this bill becomes federal law, there will be a limit of ONE YEAR on any [...]
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Tags: Deficiency Judgments, Florida Law, Florida Real Estate Foreclosures, Foreclosure defense attorney, foreclosure defenses, Mortgage foreclosure, Short Sale Counseling, strategic default, Underwater Mortgage