Bankruptcy

After recent bankruptcies cases, it is not possible to strip off the 2nd mortgage merely because you are upside down. Your best bet is to consult...

Is a power of attorney document to sell real property valid for purposes of closing escrow for an absentee owner?

Depends on what State you live in and the requirements of the Power of Attorney for that state. In Florida, a Power of Attorney for an absentee...

No. The homestead exemption does not permit a judgment creditor who has won a suit against you to take away your house to satisfy the debt. However...

Deficiency judgrment

You definitely want to do everything possible to avoid a judgment. An attorney can get involved and what we do is negotiate the negative equity. ...

In Florida (Dade County) are we required to produce our marriage license to the title company for refinancing?

They probably want you to both sign the mortgage or a continuous marriage affidavit. If married here in Florida they can get that off the clerk...

Who is a local attorney that handles this type of case?

Unfortunately this practice happens so often in the mortgage industry. The bank swears they sent you a notice of a flood requirement, you didn't...

Is Your Home Free if u dont pay your mortgage for 5 years in Florida?

That is a great thought but no unfortunately not true. But it does warrant an attorney reviewing your mortgage documents to see why the bank has...

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Does an owner of the property have to pay any closing cost?

Buyer and seller each have their respective closing costs however when the seller offers financing usually they want the buyer to pay their fees...

Deficiency Judgment

A judgment is that you lost the case for the full amount. A deficiency is just for the difference or the balance after something takes place....

We are going into foreclosure

You were probably just provided with an unsigned copy at closing and the title company kept the originals and sent to lender. The deed does not get...

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