I had a condo in Florida as a vacation rental. Paid $365,000 value down in one year to 156,000. It was foreclosed on and resold.

The 2nd loan as either an 80/20 or a HELOC would have to foreclose as well before pursuing a deficiency. They would have up to five years to do so...

We live in a condo that is now in foreclosure. Our condo association is now wanting to collect or rent or they will kick us out

Florida recently passed a law that allows an association to garnish rents in the event that a property owner fails to pay assessments. You may wish...

My ex girlfriend and I bought condo and now they're foreclosing on her

Good news and bad news. The bad news is that there is no privity (contractual connection) between the ex-husband and the lender. This means that...

Is a mobile park owner required to apply rules uniformly and timely or can he selectively enforce them?

Typically, the rules must be apply uniformly, absent exceptions provided for in statute or state law. If a rule (or rules) are not enforced, then...

No witnesses on lease.

A lease binds the party that signs it. Even if they hadn't signed at all, your signature acts as consent to the terms. However, if you moved out...

Can a real estate agent propose a deal with a owner in foreclosure to give $2500 if the owner is out within 30 days?

There are three major angles that someone has when they approach you with an "offer" with regard to your property and/or foreclosure. 1) They're a...

Can a tenant shortfall rent due due to airconditioner compressor failed and was without air?

The conditions for which a tenant may withhold rent are outlined in Fla. Stat. Chpt 83. The landlord must keep your housing in conformity with all...

The rental place charged 125 dollars for cleaning fees (for carpet cleaning, etc), although the place was left clean.

If you have a dispute regarding your deposit, you must proceed with the procedures established in Fla. Stat. Chpt 83. When you move out, your...

Are deficiency judgements after foreclosure a sure thing even for foreigners?

Whether the lender pursues a deficiency judgment largely depends on the kind of loan, the solvency of the borrower, and the size of the deficiency....

Yes, you have the right to occupy the property and rent it out at the point you receive the certificate of title (typically 10 days after the date...