On a deficiency judgement, say you owe $230,000 and they sell for $80,000 what would the judgement amount be for?

The deficiency is the total debt (including all costs, advances, accruals like legal fees, realtors fees, taxes, insurance, property management,...

Why does the servicing company have any right to tell you what you can do and not do if they only collect the money.

You are right that it is a very frustrating and dysfunctional process, and is responsible in my opinion for much of the mortgage meltdown. However...

I am a tenant renting from a woman who is in foreclosure and she is still asking for rent is that right?

Unless and until a foreclosure sale occurs and title passes to another owner, your landlord is still the owner of the property. Technically she is...

Why can't you stay in a short sale no different if they foreclose and they still have to sell it.

If they have told you who the investor is, and if they have told you correctly, that means that is who owns the note. The servicer is hired by the...

I have a home in Fl that I owe 242,000 on (ARM) I am permitted to do a short sale, but the real estate agent I am dealing with

A sale of property is considered to be a "short sale" if the selling price is less than the total amount necessary to satisfy all mortgages and the...

You can only sell if the sale will bring enough to pay off your mortgage or if the lender will agree to take less than the total amount owed, which...

Deed in Lieu of Foreclosure in Florida

Since I don't know the details of your case, I can only answer in a general way. As to exactly what can be done, every case really is different...

Deed in Lieu of Foreclosure in Florida and/or Chapter 13

Since I don't know the details of your case, I can only answer in a general way. As to exactly what can be done, every case really is different...

In Florida, who (if anyone) does the tenant pay between the foreclosure hearing date and the date of eviction?

Unless a sale has occurred and a certificate of title issued to a new owner (usually the lender who foreclosed but not always), your landlord is...

I vacated my home (foreclosed), can I be sued or my wages garnished?

You should speak to an attorney who practices debt collection defense in your state. I do not practice there, however have heard from attorneys in...