SOUTH FLORIDA DEBT SETTLEMENT ATTORNEYS PROTECTING YOUR INTERESTS AFTER A FORECLOSURE SALE Unlike many states, in Florida if you are sued for a deficiency balance (the difference between what your home sold for in foreclosure auction or short sale versus what the final judgment amount stated you owed) borrowers and homeowners have rights. The fact that a… Read more »
Recent, significant changes in Florida’s Foreclosure law have shortened the time period in which a lender can collect a deficiency, or balance after a mortgage foreclosure or short sale. The statute of limitations period for a lender seeking a deficiency judgment on a note secured by a mortgage on a residential property, is now one… Read more »
A new law in Florida passed in 2013, seriously limits the time frame a lender can pursue a deficiency judgment against a borrower in Florida. A deficiency judgment is the difference between the Final Judgment award to the lender on the recorded final judgment document and the amount recuperated by the lender after the foreclosure… Read more »
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 may be levied, you are at… Read more »
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… Read more »
Foreclosures are once again on the rise. According to a report from Bloomberg, the nationwide mortgage foreclosure rate jumped 22% in the first quarter of 2023. Notably, South Florida has a higher foreclosure rate than the national average. Facing foreclosure on your home is stressful, frustrating, and intimidating. The good news is that you are not… Read more »
At the Law Offices of Jacqueline Salcines, PA our main purpose in defending homeowners in foreclosure is to protect your rights. As Miami foreclosure defense attorneys, we are experienced in every facet of the mortgage industry to not only uncover deceptive trade practices, predatory lending, and mortgages and/or notes that are defective, but go to… Read more »
SOUTH FLORIDA HOA LIEN AND DEBT SETTLEMENT LAWYER Over the past 20 years, working as a South Florida real estate lawyer, I have seen my share of condominium and homeowner association liens resulting in foreclosures against my clients. Condominium and Homeowner Association liens have the power to attach to your property and cause you to lose your… Read more »
Foreclosure Attorney Florida In Florida, defending a foreclosure is not for the faint of heart. With all the banks committing illegal acts and predatory lending practices, it makes no sense for a homeowner to go it alone. For many South Florida families, their homestead is one of the biggest assets they will ever own. When that is jeopardized… Read more »
