International home buyers are attracted to the United States not only because of favorable housing prices, but because of the United States’ economic stability. Many countries, such as Venezuela, Colombia, Cuba, Italy, China and Sweden face financial and economic instability and uncertainty. Oversees buyers in these countries, including Canada, Switzerland and the U.K. see the […]
HOW DO FOREIGNERS GO ABOUT BUYING PROPERTY IN THE UNITED STATES? The most important and first decision to make when considering purchasing real estate in the United States is to hire a real estate attorney. This one decision will determine whether the final result is a smooth and successful closing or not. A real estate lawyer […]
Can a foreigner buy property in the US? The answer is yes. It is really much easier than one thinks. TYPE OF PROPERTY Single family homes: The purchasing of single family homes is really much easier than a foreigner thinks. Obviously , in the day and age where we are just recovering from the foreclosure […]
The new FHA 203k loan for structural repairs is here and now available. This new FHA loan has many facets including the following: FHA 203 Streamline: This loan allows borrowers to finance their purchase or refinance an existing loan to make improvements to the home or upgrades. This can be up to $35,000.00 and a […]
FOREIGN BUYERS IN THE UNITED STATES Foreign Nationals are permitted to own real estate in the United States. In fact, there are very few difference between a foreign and U.S. buyer when purchasing real estate. It is important that foreign buyers understand certain information about U.S. real estate practices that vary greatly from country to […]
UNA MODIFICACION DE PRESTAMO EFECTIVA Por: Jacqueline Salcines, Esq. Abogado de Defensa de Foreclosure y Modificaciones de Prestamo Demasiado propietarios han aceptado modificaciones de su Préstamo Hipotecario donde sus nuevas mensualidades son mayores a los de la hipoteca original. Tambien tienen el balance final del principal en la Modificación muchísimo mayor al valor actual de su […]
SHORT SALES IN FLORIDA Is your house worth less than you owe the bank? Do you want to resolve the debt with your lender and move on? If yes, a Short Sale may be the answer for you. At the Law Offices of Jacqueline A. Salcines, P.A., we will work with your lender together with experienced […]
Florida was one of the states most hardest hit in the economic downturn. Property values plummeted and that reduction in value, caused many property owners and borrowers to lose their homes. That reduction in value is what lenders seek to recuperate whey they pursue deficiency judgments in the foreclosure process. DEFICIENCY JUDGMENTS AFTER FORECLOSURE A […]
Homeowners who had debt forgiven in 2014, through a loan modification, loan settlement, short sale, deed in lieu, or credit card cancellation, may qualify under the Mortgage Debt Relief Act OF 2007 for exemption from any federal taxes that might be owed on the forgiven debt. WHAT ABOUT 2015? Congress is currently meeting now and expected to further extend […]
Are you being sued by Dyck O’Neal for a balance on a short sale deficiency or a deficiency judgment following a foreclosure? It is very important that you take immediate action to protect yourself. If you have received a collection letter from Dyck O’Neal seeking recovery of the deficiency balance against you, and have assets that […]