When dealing with an In Deed of Lieu process, can the government hold us responsible if the house sells short of the amount due?

When a lender issues you a 1099-C, you do not receive a bill from the government for the tax due, if any, on the debt you have been excused from...

I had a deficiency balance after foreclosure and I dont want to filed bankrupcty is that he only option?

Bankruptcy is definitely not your only option. Unsecured debt is difficult to collect in the state of Florida. You need to consult with an...

Does both Husband and Wife need to be on the TITLE/DEED? Mortgage to only be in husband's name.

You may own property separately from your wife and she may own property separately from you. If you are purchasing a property for your son, your...

Is ex husband's signature required at the closing of the sale of the marital home?

If your divorce is final and the quit claim deed was properly executed, contained no errors and was properly recorded, your husband will not need...

How do I change the original deed restrictions for lots originally sold by my corporation in Walton County, FL ?

You will need to record an amendment to the deed restrictions (often called a Declaration of Covenants and Conditions). The amendment will need to...

What happens after been 5 years in foreclosure?

While the case is still pending, there is no magic about a case pending for 5 years. However, if the case is dismissed after it has been pending...

Servicers aren't holders - servicers are agents for owners and holders. Getting judges to realize this is difficult, but it is an important point...

What is the length that a bank can pursue a deficiency judgement for a short sale in Florida?

In Florida, the statute of limitations for a breach of contract is 5 years from the date of breach. The non-payment on a promissory note is a type...

Served with a "notice of lis pendens by Wells Fargo who is seeking to re-establish my mortgage. What does that mean?

It sounds like the original promissory note has been lost - a lost mortgage is not typically a problem in a mortgage foreclosure because the...

Didn't respond to lawsuit by deadline & now have notice of non-jury trial date, can I still present my side at trial if I attend

Typically, an offer for a deed-in-lieu of foreclosure is contingent upon a title search and the lender's acceptance of title to the property. When...