Underwater borrowers these days have many options… and bankruptcy does not have to be one of them. Often time, a borrower comes into my office, has stopped paying his or her mortgage, and has reached the conclusion, albeit the erroneous one, that filing for bankruptcy is the only way. Many have been provided wrong or… Read more »
If your forgiven debt, under a short sale, loan settlement or credit card cancellation and settlement, your forgiven debt is subject to taxation. You will usually receive a form 1099-C Cancellation of Debt from the lender. This form sets out the amount of cancelled or forgiven debt. You will file the 1099-C with your federal tax return… Read more »
Homeowners may not be aware of a Florida Statute that permits Homeowner Associations and Condominium Associations to lien a property for nonpayment. No matter how small the debt owed, sometimes even a $25.00 late fee, the lien can then be foreclosed upon by the Homeowners Association or Condominium, resulting in the homeowner losing their home. And… Read more »
REAL ESTATE ATTORNEY – FLORIDA JACQUELINE A. SALCINES, P.A. is an attorney owned title company serving all of South Florida. The owner, Jacqueline A. Salcines, Esq. has been practicing law for over 20 years, and is both an accountant and realtor. She and her staff have combined 28 years experience in handling closings for buyers,… Read more »
At no other time in the history of the Real Estate Industry, has the need for Miami Realtors to have a Team approach been more important. Is tough for Miami Realtors these days. As an Attorney specializing in Real Estate Law I spend quite a bit of my time working elbow to elbow with Realtors… Read more »
SOUTH FLORIDA REAL ESTATE LAWYER An As Is Residential Contract for Sale and Purchase is a binding contract to sell or buy real property in Florida. While different from other types of sale contracts, the AS IS residential contract protects the seller in many aspects. The As Is refers to the fact that the buyer… Read more »
FLORIDA REAL ESTATE and TITLE ATTORNEYS Practicing real estate law and having clients send me offers to review on a weekly basis, often I am asked whether it is a safe bet to enter into an “AS IS” contract? Will the buyers deposit be protected if there is anything that comes up at inspection? The… Read more »
The Arts have always been a good catalyst for reviving local districts and neighborhoods, this is the case for Wynwood via the ARTPLACE Grant. ArtPlace is the product of a pioneering initiative of 11 of America’s top foundations, including Knight Foundation in conjunction with the National Endowment for the Arts, NEA, and seven other federal agencies. To date, ArtPlace has… Read more »
SOUTH FLORIDA DEBT SETTLEMENT ATTORNEYS PROTECTING YOUR INTERESTS WITH DYCK O’NEAL Unlike many states, in Florida if you are sued for a deficiency balance (the difference between what your home sold for in foreclosure auction versus what the final judgment amount stated you owed) borrowers and homeowners have rights. On July 1, 2013, the Florida legislature… Read more »
