Archived
I am facing foreclosure on a raw piece of land in Florida's panhandle. The property is upsidedown ($360k owed, $150-200k worth)
Margery's answer
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Answered on July 08, 2009
Depending on your situation and your assets, some sort of bankruptcy proceeding might be a feasible alternative solution, but would entail planning...
Archived
I am facing foreclosure on a raw piece of land in Florida's panhandle. The property is upsidedown ($360k owed, $150-200k worth)
Margery's answer
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Answered on July 08, 2009
You have a very dangerous situation, wh ich gets signficfantly worse once the lender finishes the foreclosure., because then you have NOTHING to...
Archived
If a rental property is foreclosed on, does the bank have the right to evict the renter and does that occur?
Margery's answer
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Answered on July 08, 2009
Yes, the foreclosing bank (or the new buyer if it is bought by a party other than the foreclosing bank) does normally have the right to evict the...
Is it legal for a Sheriff to deliver a summons to someone other than it is intended for
Margery's answer
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Answered on July 05, 2009
It depends on all the details. Proper service in Florida can be made by susbstitute service "on any adult individual" in charge of the household...
Can Condo Assn foreclose on condo even if I still owe money to bank?
Margery's answer
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Answered on July 04, 2009
Yes, it definitely can do so, and these days it is happening more and more. Condo and homeowners associations are becoming much more aggressive...
Archived
What happens with condos in forclosure
Margery's answer
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Answered on July 03, 2009
if the foreclosure goes the distance and a sale is held, the lender has to reimburse the association for 6 months worth of maintenance, and then...
Archived
I'm a renter in florida What do I do when the landlord was served with foreclosure papers .Rent is due, What shall I do?
Margery's answer
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Answered on July 03, 2009
I am happy to announce that there is new legislation that makes it possible for us to help tenants in properties in foreclosure.
There is no...
Archived
When does FORECLOSURE start? My last payment was made 03/23/09, I've been away on business and haven't received any letters.
Margery's answer
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Answered on July 03, 2009
Foreclosrue starts when a Complaitn is filed in the office of the Clerk of the county where your property is located. The clerk then issues a...
Archived
40% of all loans, the lender CANNOT produce the note! If this is the case, this can delay the foreclosure process, correct?
Margery's answer
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Answered on July 03, 2009
I am not sure where you got that 40% statistic, but that is really not at all true. Beware of the things you see on TV and hear "out there"
The...
Archived
Can an attorney in FL do FORECLOSURE DEFENSE if I have a hm in FL and Detroit OR do I have to pay 2 separate attorney's? Also..
Margery's answer
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Answered on July 03, 2009
Attorneys are admitted to practice by state and can only practice law in the states where admitted. The laws and procedure of the different states...
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