Tag Archives: foreclosure attorney miami

Foreclosure Settlements Expiring for Homeowners

Time has run out for millions of homeowners who lost their home to foreclosure in 2009 and 2010 to have their cases reviewed for errors. As part of a settlement between federal bank regulators and mortgage servicers, homeowners whose cases … Continue reading

Posted in Short Sale | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Foreclosure free ride: 3 years, no mortgage payment

In some states, delinquent borrowers have been squatting in their homes much longer. In Florida, the average time was 861 days, and in New York it was 1,056 days — close to three years. “Perhaps a million foreclosures could have … Continue reading

Posted in Foreclosure | Tagged , , , , , | Leave a comment

Foreclosures Still Plaguing South Florida

In 2013 the housing market in South Florida has been rebounding with rising home prices and sales. At the same time, over 40 percent of mortgaged homes in the state’s biggest market, Miami, remain underwater financially, according to Corelogic. This … Continue reading

Posted in Short Sale | Tagged , , , , , , , , , , , , , , , | Leave a comment

Are South Florida’s Short Sales declining?

Although the housing market is starting to see a slow recovery, homeowners who are still underwater on their mortgages will still have to wait a very long time, if ever, to see the value of their home return to what they paid for it. Therefore, these homeowners continue to remain current on their mortgage, but may want to upgrade their house or may need to relocate. Continue reading

Posted in Short Sale | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Federal Guidelines Expediting Short Sale Procedures

The Federal Housing Finance Agency has heard the plight of homeowners, buyers and lenders and has now issued new guidance requirements intended to expedite the process for Fannie Mae and Freddie Mac backed loans. Continue reading

Posted in Foreclosure | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment