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Entries Tagged as 'short sale attorney pinellas'

So far, only 60 take up Bank of America on short sale incentive

January 31st, 2012 · No Comments · Commercial Loans, Foreclosure, Litigation, loan modification, News, Real Estate Law, Short Sales, Uncategorized

Tweet By Mark Puente, Times Staff Writer   “Only 60 Floridians have received cash from a Bank of America program that pays up to $20,000 to homeowners who sell distressed properties in a short sale. The lender still expects thousands more in the Sunshine State to collect the money before the pilot program ends in August. [...]

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Homeowners at risk of foreclosure increasing

August 31st, 2011 · No Comments · Uncategorized

Tweet “Number who have missed mortgage payments is back up, likely dueto unemployment”   By DEREK KRAVITZ “The number of Americans at risk of foreclosure is rising, reflecting the U.S. economy’s continued struggles. The Mortgage Bankers Association said Monday that 8.44 percent of homeowners missed at least one mortgage payment in the April-June quarter. That figure, which [...]

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HOA foreclosures climbing

May 9th, 2011 · No Comments · Foreclosure, News, Real Estate Law, Uncategorized

Tweet By KIMBERLY MILLER | Palm Beach Post Staff Writer “Fed up with late dues and mounting maintenance bills, some homeowner associations are motivated by spite, over sound business sense, to foreclose on delinquent owners. Property managers and condo board advisers say taking title to a property for a few thousand dollars in unpaid association fees in [...]

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House votes to kill foreclosure aid program

March 31st, 2011 · No Comments · Uncategorized

Tweet By JIM ABRAMS “Program designed to reduce mortgage payments for homeowners facing foreclosure” WASHINGTON — House Republicans pushed through legislation Tuesday to terminate an underachieving Obama administration program designed to reduce mortgage payments for homeowners in danger of losing their homes to foreclosure. Most Democrats, while acknowledging that the Home Affordable Modification Program has fallen [...]

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Buying or selling a home with a Florida Real Estate attorney

March 31st, 2011 · No Comments · Commercial Loans, Foreclosure, Litigation, loan modification, News, Real Estate Law, Short Sales, Uncategorized

Tweet Buying or selling a home without the expertise of a Florida Real Estate attorney may leave buyers and sellers vulnerable to expenses and issues they may have never thought possible. Meet a home buyer and hear their story in their own words. video by: thefund.com

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Are Foreclosures A Good Bargain?

March 8th, 2011 · No Comments · Foreclosure, Uncategorized

Tweet In Arizona market crushed by home losses, ads tout advantages of new construction, risks of bank-owned properties By BOB CHRISTIE “PHOENIX — Homebuilders trying to fight off customers’ attraction to cheap foreclosures are doing more to show buyers that the good deals can come with pitfalls. The companies are increasingly trying to woo buyers like [...]

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Foreclosures spread into previously safe areas

January 30th, 2011 · No Comments · Foreclosure, News, Real Estate Law

Tweet “Relatively unscathed by housing collapse, owners losing homes over unemployment” By ALEX VEIGA “LOS ANGELES — The foreclosure crisis is getting worse as high unemployment and lackluster job prospects force homeowners in an increasing number of U.S. metropolitan areas into dire financial straits. In Seattle, Houston and Chicago, cities that were relatively insulated from foreclosures [...]

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JP Morgan Must Show Foreclosures Are Legal, Brown Says

October 10th, 2010 · 1 Comment · Foreclosure, loan modification, News

Tweet Oct. 1 (Bloomberg) — JPMorgan Chase & Co., the third- biggest U.S. mortgage servicer, must prove its home foreclosures are legal, and if it can’t, must stop the practice, California Attorney General Jerry Brown said. JPMorgan is asking courts to delay judgments in pending foreclosure cases while the bank reviews and possibly resubmits statements. [...]

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Commercial Short Sales: Seize the Moment

October 6th, 2010 · 1 Comment · Commercial Loans, Short Sales

Tweet Commercial loan defaults have risen to the highest rate since 1993, doubling 2008 rates.  The fourth quarter of last year the default rate rose to 3.8 percent compared to a 1.6 percent rate for the same quarter of 2008.  The front-runner in commercial loan default rates are loans for multi-family mortgages that rose from [...]

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DON’T BELIEVE YOUR LENDER IF THEY TELL YOU NOT TO WORRY ABOUT A FORECLOSURE!!!

July 14th, 2010 · No Comments · Foreclosure, Short Sales, Uncategorized

Tweet This week alone I have had 3 clients come into my office who where either already in a loan modification trial period with their lender, or were waiting to hear back from their lender about the status of their loan modification application, when they were served with a foreclosure complaint.  All three of these clients immediately called their [...]

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