COLLECTING ON YOUR SURPLUS FUNDS AFTER THE FORECLOSURE SALE

SURPLUS FUNDS COLLECTION

MIAMI DADE FORECLOSURE ATTORNEYS

Many homeowners who lost their homes in foreclosure may not know they are entitled to any surplus funds  after the  foreclosure sale.  If your property sold in foreclosure, and the winning bidder paid more than the amount of the judgment, the result is a surplus of funds.  The homeowner, pursuant to Florida Statutes, is entitled to request the surplus funds which are paid to it by the Clerk of the Court.

There is certain eligibility requirements to make a motion for the surplus funds, including being the homeowner and others.  And the courts generally give it to the first person that makes a bid.  That means that the first person to file a motion and have it heard and granted by the Judge, will be the winning party.

At the Law Offices of Jacqueline A. Salcines, PA, we are keenly aware of the requirements for filing a Motion for Surplus Funds and have represented hundreds of homeowners in foreclosure, including those vying for such funds.

Allow my team of attorneys and accountants to go to work for you to file a Motion for Surplus Funds on your behalf.

At the Law Offices of Jacqueline A. Salcines, P.A., our lead real estate attorney brings over 15 years experience in the foreclosure, mortgage and real estate field as well as 20 in the accounting field. Ms. Salcines has been helping homeowners in foreclosure for over 10 years and is available by email to answer all your questions and concerns, without ever charging a consultation fee.

Call us today to set up an appointment to discuss your purchase or sale. We are here for you!

Main office 305 | 669 | 5280. Or email the attorney directly: J.Salcines@Salcineslaw.com

TRUST |  COMMITMENT  | RESULTS

Jacqueline A. Salcines

Jacqueline A. Salcines

JACQUELINE A. SALCINES, ESQ.
706 S. DIXIE HIGHWAY
SECOND FLOOR
CORAL GABLES, FL 33146
TEL. 305 669 5280
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FIVE THINGS YOU SHOULD DO BEFORE PURCHASING REAL ESTATE

EXPERIENCED REAL ESTATE ATTORNEY

JACQUELINE A. SALCINES, ESQ.

Hand with a house key. So, you decided to purchase a home or use the money you saved up to invest in real estate.  Daunting task to say the least.  Scarry the thought of losing your hard earned money on a bad investment or because you didn’t know what you were doing. That’s where we come in.  A Real Estate Attorney. We make it easy.

Sure you hire a realtor to help locate a house and put an offer together but when it comes down to it, specially after the foreclosure era with so many property titles tarnished by bad foreclosure lawsuits, who can protect you more than a real estate attorney.  So, here is our list of the five things you should do before purchasing real estate.

 

  1. HIRE THE RIGHT KNOWLEDGEABLE REALTOR.  The right realtor will have experience with the real estate market and will locate the right house for your based on the parameters you need.
  2. HIRE A REAL ESTATE ATTORNEY.  Hiring an attorney before you sign the real estate contract will be your best protection to solidify your purchase and make sure you are protected until the end, and your money is protected.
  3. IF FINANCING, GET A PRE-APPROVAL LETTER. Nothing is sadder then getting your heart set on a house and finding out afterwards that you don’t qualify.  Visit a mortgage broker or banker before you put in an offer so your dreams don’t fall apart and you look only for what you can afford.
  4. KEEP YOUR EMOTIONS OUT OF IT.  While certainly buying a house is an emotional journey, Sellers pick up on this.  Often we turn a blind eye to larger problems down the road, or can negotiate prices better, if your emotions dont get the better of you.  Let your realtor and attorney drive the offer, not your emotions.
  5. GET AN INSPECTION.  Whether the property looks great or you think that you can make minor repairs on your own, or even if an REO, get an inspection. Know what you are getting into before you commit.  Often we think a minor issue is easy to fix and it turns out to be a major cost outlay that was not bargained for.  Or worse, could jeopardize the value of the home.

At the Law Offices of Jacqueline Salcines, PA, attorney Jacqueline Salcines, as a real estate attorney for the past 16 years and holding a dual degree as an accountant,  we can protect your interests and your investment.

The first consultation is always free of charge.  Or email attorney Jacqueline Salcines directly your real estate question at J.Salcines@salcineslaw.com

TRUST |  COMMITMENT  | RESULTS

Jacqueline A. Salcines

Jacqueline A. Salcines

JACQUELINE A. SALCINES, ESQ.
706 S. DIXIE HIGHWAY
SECOND FLOOR
CORAL GABLES, FLORIDA 33146
TEL: 305 | 669 | 5280
DIRECT EMAIL:  J.SALCINES@SALCINESLAW.COM
 
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HOW TO BUY YOUR FIRST HOME

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Nothing quite compares to owning your own home or investing in real estate.  In fact, for many, this is the single most expensive investment made in their lifetime.  And Florida’s residential and commercial real estate markets have certainly experienced an incredible turn around and appreciation from just 4 to 5 years back.  And  yet, with real estate being one of the most ways to obtain a high return on investment, not all potential buyers entering the real estate market have the know how or financial capacity to buy real estate.

When first entering the real estate market, the best advice is to hire a real estate attorney to have in your corner, not only to protect you when entering into the contract, but to assist with your financing, pre-approval and locating a property as well.

If your purchase requires financing, the first thing to do is fix your credit as much as possible. Once your credit is good, you can either go to a local bank or mortgage broker to see what amounts you qualify for.  Knowing this will narrow your search for properties and zip codes.

Once you know how much you are eligible to borrower, it then turns on locating the property that fits your needs.  You can enlist the services of a realtor or a real estate attorney acting as a realtor, as we are, in order to locate properties on the MLX and set up viewings. After you select a property, the remainder gets complicated.  You will have contract offers, and down payments, reviews of sellers disclosures and inspections.

The list goes on and on.  And the best advice is always, hire an attorney to hold your hand and walk you through it.

Hand with a house key.

At the Law Offices of Jacqueline A. Salcines, PA we make purchasing your home easy.  We will guide you through the whole process, from contract preparation to closing. we are there for our clients.

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At the Law Offices of Jacqueline A. Salcines, PA, our real estate lawyers help business owners, individuals, buyers, sellers, tenants, landlords, and investors. We provide sound business advice to people and businesses looking to invest in real estate, real estate development, property management, lending, and property ownership.  Our law firm represents individuals and businesses in South Florida, throughout Miami-Dade, Broward, Monroe and Palm Beach Counties in real estate matters.

Call us today for a free consultation.

We are always a phone call away.  Tel. 305.669.5280

Or email us with your questions.  J.Salcines@Salcineslaw.com

TRUST  |   COMMITMENT  |  RESULTS

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