Questions answered by Michael S ('Mike') Hagen

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SOL IN FORECLOSURE ACTIONS?

Michael's answer | Answered on October 22, 2012

I agree with Attorney Golant: you have too much riding on the outcome of this case to represent yourself. Get an experienced foreclosure defense...

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How can the Defendant file a Notice of Lack of Prosecution in a foreclosure case?

Michael's answer | Answered on October 17, 2012

You or your attorney draft the Motion with appropriate legal citation, serve it on the Plaintiff, file it with the Court and set it for a hearing...

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Getting legal representation on a short sale offer after I have signed a quick claim?

Michael's answer | Answered on October 15, 2012

You should obtain a qualified real estate attorney to try to negotiate with your ex and to advise you as to these short sale issues. Without...

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What do I file to get admitted into the new foreclosure program set up and agreed to by Wells Fargo and the US?

Michael's answer | Answered on October 14, 2012

There is an opportunity for you to obtain relief through this settlement but you must "jump though the hoops" of applying and providing the...

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Tampa, FL - what is the statute or laws with regard to liens and releases.

Michael's answer | Answered on October 11, 2012

A real estate attorney can handle this task of obtaining and recording the release, if by law and standard title principals it has not in fact...

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We entered into a contract for deed purchase 2 years with a clause to payoff loan in 2 yrs. We have not been able to get a loan

Michael's answer | Answered on October 09, 2012

I agree with Mr. Deason. Additionally, I would add that you should obtain an appraisal or broker price opinion to value the property and compare...

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How is a mortgagor compensated for the value of the property in a foreclosure?

Michael's answer | Answered on October 08, 2012

You are correct that the borrower is credited when the foreclosing lender sells the house. Once the lender has completed the foreclosure and it is...

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I was served a Lis Pendens--is a response required if I want the property to be taken back?

Michael's answer | Answered on October 06, 2012

My colleagues have provided excellent answers. I would only add that the key questions here are "what is this unit worth?" and "what is the...

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According to court on line documents my condo is in foreclosure as of august 30 but they have not found me to serve me

Michael's answer | Answered on October 04, 2012

You have 20 days to file an answer with the court and to serve the same on the lender's attorney, with that deadline calculated from the date that...

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What happens if I apply for a mortgage to purchase a primary residence, then for any reason I will not occupy it as primary?

Michael's answer | Answered on October 03, 2012

You place yourself at risk for breach of the loan terms and, potentially, loan fraud. While circumstances may change "down the road" and could lead...

Michael S ('Mike') Hagen's Answers (802)

SOL IN FORECLOSURE ACTIONS?

How can the Defendant file a Notice of Lack of Prosecution in a foreclosure case?

Getting legal representation on a short sale offer after I have signed a quick claim?

What do I file to get admitted into the new foreclosure program set up and agreed to by Wells Fargo and the US?

Tampa, FL - what is the statute or laws with regard to liens and releases.

We entered into a contract for deed purchase 2 years with a clause to payoff loan in 2 yrs. We have not been able to get a loan

How is a mortgagor compensated for the value of the property in a foreclosure?

I was served a Lis Pendens--is a response required if I want the property to be taken back?

According to court on line documents my condo is in foreclosure as of august 30 but they have not found me to serve me

What happens if I apply for a mortgage to purchase a primary residence, then for any reason I will not occupy it as primary?