Need foreclosure help? The choice of a foreclosure lawyer is one of the most important decisions you can make early on in the process. A good foreclosure attorney is essential in guiding you through foreclosure defense in a way that’s efficient and protects your interests. Most people who are considering their foreclosure options are “first [..]
Use Bankruptcy When Facing a Foreclosure in Miami, Florida Stopping foreclosure means teaming up with an effective, knowledgeable legal team. With the right legal help, many foreclosure options are available to you even if you are severely behind in your payments. These can include things like loan modification, mediation, and more. Bankruptcy is always considered [..]
Foreclosure is a slow process, and banks can take anywhere from a few months to a year or more to auction off your home. In Florida (specifically Miami-Dade, Broward, & West Palm Beach), depending on the court schedule, it usually takes approximately 180-200 days to effectuate an uncontested foreclosure. This process may be delayed if [..]
If you’re the owner of rental property in Dade, Broward or West Palm Beach County who is facing the threat of foreclosure, there are issues unique to investors, that a lawyer practiced in loan modification law can help you to become aware of. Furthermore a qualified loan modification attorney can assist you in making your [..]
A homeowners association, or HOA, is an organization responsible for maintaining common areas in a planned development. HOA assessments are collected from all residents on a monthly , quarterly or annual basis to cover maintenance expenses. Before move-in, residents must sign Covenants, Conditions, and Restrictions (CC&Rs), formal documentation of rights and responsibilities. In many cases, these CC&Rs give [..]
Definition: A deficiency judgment is an unsecured money judgment against a borrower whose mortgage foreclosure sale did not produce sufficient funds to pay the underlying promissory note, or loan, in full. Example: Bank forecloses on, then sells your home, the sales price is insufficient to pay off the bank (mortgage lender). For instance, the mortgage [..]
Are you facing foreclosure from a homeowners’ association? In many states, a homeowners’ association, or HOA, can foreclose on your home in the event of unpaid fees owed to the organization. Many people who are required to be part of an HOA in their community may not even realize they wield such sweeping authority. What is a [..]
Foreclosure rates peaked during the recession and are still high today. If you can’t pay your mortgage and haven’t been able to escape being foreclosed, then how do you move forward? Moving out Your immediate concern will probably be when you have to move out – and that depends on many factors. If the house [..]
Finances can get tight. If you are struggling to make mortgage payments, you are not alone. The threat of foreclosure can be enough to tip things over the edge. So, what should you do? The first thing you should do, ideally before the bank sends you a late notice (at which point your credit will [..]