Checking the mail only to find a foreclosure notice in it is a disheartening and often frightening, experience. For some Florida homeowners, that situation is a sad reality. In some cases, the homeowner might try to find a loan modification or other avenue to stop...
Bankruptcy and Foreclosure Proceedings
MIAMI CONDO OF FORMER FOOTBALL STAR FACING FORECLOSURE
Foreclosures are usually associated with people who have been hit by financial difficulties as a result of unemployment or unexpected bills. That isn't always the case, which is proven by recent news that a former player for the National Football League is facing...
SOME FLORIDA FORECLOSURES MAY LEAD TO HEFTY TAX BILLS
Almost the worst thing that a struggling homeowner can hear is that even if the home is ultimately lost to foreclosure or short sale, taxes will still be due. In some cases, that will be the sad reality for many homeowners who have an underwater mortgage. A federal...
SOME FORMER FLORIDA HOMEOWNERS MAY RECIEVE PAYMENT FOR SETTLEMENT
Being served with the notice that you will lose your home to foreclosure is something that no homeowner ever wants to experience. For some homeowners, that was the nasty reality. Some of these foreclosures, however, were unnecessary and even fraudulent. A recent...
PLAXICO BURRESS SELLS HOME IN SHORT SALE TO AVOID FORECLOSURE
With the improving economy, many people think that the need to fight foreclosure has ended. For some Americans, however, it is still a very real concern. Recently, Plaxico Burress had to sell his Lighthouse Point home in a short sale to avoid foreclosure. When a...
FLORIDA MAYOR FACING FORCLOSURE SETTLES IT
For anyone who is facing a foreclosure, hearing stories about people who were able to stop the foreclosure process is almost like a breath of fresh air. Those stories aren't as common as stories about people who lose their homes to foreclosure. If you are facing...
BEWARE OF LEGAL AND FORECLOSURE EMAIL SCAMS IN FLORIDA
For a homeowner, almost any mention of foreclosure is enough to turn a regular day into a stressful day. Imagine what it would be like if you opened your email only to find a notice that deals with you having to move out of your home because it is being foreclosed...
FLORIDA COUNTY WORKING THROUGH BACKLOG OF FORECLOSURE CASES
Fighting foreclosure is something that most people in Florida associate with a lengthy process, in part because Florida is a judicial foreclosure state. In recent years, that has certainly been the case. That, however, seems to be changing. One judge in Florida says...
FLORIDA COUPLE RETURNS TO FIND HOME WRONGLY FORECLOSED
The feeling of being able to say that you own your home free and clear is one that most homeowners are eager to experience. For one couple with a home in Broward County, Florida, that has been a feeling they have known for 15 years. The couple, however, discovered...
D.R. HORTON MISMANAGES FLORIDA COMPLEX’S FUNDS
Residents in one Florida neighborhood have nothing good to say about "America's homebuilder," D.R. Horton Inc. The Miami Gardens community of Majorca Isles was intended to be a high-end townhouse complex of 650 units centered around a man-made lake. Some residents...