Questions answered by Margery Ellen Golant

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Really confused in Florida as to best option for me/family. Fight foreclosure or Foreclosure & BK?

Margery's answer | Answered on June 08, 2009

There are numerous options, but what makes the most sense for you and your famiily depends on the specific details of your situation. We have many...

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The final judgement of my property was today with a sale scheduled. The sale was canceled. What's next?

Margery's answer | Answered on June 08, 2009

Unless you do something about it, the sale will be rescheduled and the property sold. You have choices available to you, but need to know what...

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I am thinking about going into foreclosure because i owe more than its worth. What should i do.

Margery's answer | Answered on June 08, 2009

We have many clients in similar situations. Actually, there may be a number of things you can do, but the answers are different depending on what...

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Deed in Lieu of Foreclosure if I am not on promissory note

Margery's answer | Answered on June 08, 2009

If you are a titleholder to the property, it must affect you to some degree and you will have to participate in order for it to happen. If you are...

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Unable to refi, property value less than whats owed should we quit making pmnts until they are willing to reduce interest rate?

Margery's answer | Answered on June 08, 2009

We have many clients in similar situations. Actually, there may be a number of things you can do, including stripping off the second mortgage and...

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What is the process of a deed in lieu of foreclosure in Fand what are the possible consequences. Does this affect a credit repor

Margery's answer | Answered on June 08, 2009

A deed in lieu of foreclosure definitely is a significant negative on a credit report and makes a significant impact on credit scores. You cannot...

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Can a mortgage comany sue homeowners in florida after foreclosure for any deficiency?

Margery's answer | Answered on June 08, 2009

Yes, they can and they DO pursue deficiency judgments. In Florida foreclsoure Plaintiffs can easily obtain a deficiency judgment against them if...

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How does PMI affect a Florida foreclosure? Are lenders doing a deed in lieu? (Bank of America)

Margery's answer | Answered on June 08, 2009

I am seeing suits by PMI carriers against borrowers. the insurance company usually acquies the rights of the lender to the portion of the debt it...

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How does PMI affect a Florida foreclosure? Are lenders doing a deed in lieu? (Bank of America)

Margery's answer | Answered on June 08, 2009

I am seeing suits by PMI carriers against borrowers. the insurance company usually acquies the rights of the lender to the portion of the debt it...

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I live in Florida and am going itno foreclosure on my primary residence.

Margery's answer | Answered on June 08, 2009

The holder of the second mortgage has the same right to sell your house out from under you as does the holder of the first mortgage. You need a...

Margery Ellen Golant's Answers (5399)

Really confused in Florida as to best option for me/family. Fight foreclosure or Foreclosure & BK?

The final judgement of my property was today with a sale scheduled. The sale was canceled. What's next?

I am thinking about going into foreclosure because i owe more than its worth. What should i do.

Deed in Lieu of Foreclosure if I am not on promissory note

Unable to refi, property value less than whats owed should we quit making pmnts until they are willing to reduce interest rate?

What is the process of a deed in lieu of foreclosure in Fand what are the possible consequences. Does this affect a credit repor

Can a mortgage comany sue homeowners in florida after foreclosure for any deficiency?

How does PMI affect a Florida foreclosure? Are lenders doing a deed in lieu? (Bank of America)

How does PMI affect a Florida foreclosure? Are lenders doing a deed in lieu? (Bank of America)

I live in Florida and am going itno foreclosure on my primary residence.