Bidding on a foreclosure auction? Buying a property through a homeowner association or condominium association auction? A preliminary title report run by an attorney, which is an examination of title and liens, can spot trouble ahead for a foreclosure auction bidder, to help make an educated and informed decision as to the future investment potential of […]
https://jaspa1.wpengine.com/wp-content/uploads/2018/07/logo_final_dark1.png00jaspa1https://jaspa1.wpengine.com/wp-content/uploads/2018/07/logo_final_dark1.pngjaspa12014-09-22 11:09:262022-12-20 13:59:39HOW A PRELIMINARY TITLE REPORT CAN ENSURE CLEAR TITLE
The Law Offices of Jacqueline A. Salcines, PA provides the most comprehensive title insurance processing and coverage, while offering exceptional customer service. We represent both buyers and sellers in real estate transactions, and are a full service real estate firm. We pride ourselves on offer a wide array of real estate services including: Real Estate […]
https://jaspa1.wpengine.com/wp-content/uploads/2018/07/logo_final_dark1.png00jaspa1https://jaspa1.wpengine.com/wp-content/uploads/2018/07/logo_final_dark1.pngjaspa12014-09-03 10:10:122022-12-20 13:59:15BUYER AND SELLER REPRESENTATION AT CLOSING
In a recent Third District Court of Appeal case, the higher court rules that a Miami-Dade couple was entitled to a $99,500.00 surplus that was left over after the foreclosure sale. The lower court, Judge Diane Ward, held that the bank was entitled to the surplus. The homeowners had two mortgages, and the property was […]
https://jaspa1.wpengine.com/wp-content/uploads/2018/07/logo_final_dark1.png00jaspa1https://jaspa1.wpengine.com/wp-content/uploads/2018/07/logo_final_dark1.pngjaspa12014-09-03 09:55:282014-09-03 09:55:28WHO IS ENTITLED TO THE SURPLUS AFTER A FORECLOSURE SALE?
MORE AND MORE LATELY, I MEET WITH CLIENTS THAT HAVE HAD AN ATTORNEY HANDLING THEIR FORECLOUSRE CASE, HAVE PAID THEM A MONTHLY FEE FOR SUCH SERVICES, THE ATTORNEY NEVER REVIEWS THE FOUR CORNERS OF THEIR FORECLOSURE COMPLAINT, TRIAL COMES ALONG. NO FIGHT IS MADE. RATHER, THEY SCARE THE CLIENT INTO A CONSENT JUDGMENT ADVISING THEM […]
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At the Law Offices of Jacqueline A. Salcines, P.A. we pride ourselves on providing the best customer service to our clients. Our knowledge of real estate law, coupled with an accounting degree, lends itself to providing the most knowledgeable and precise advice for the ultimate protection of the client. Whether you are buying or selling […]
https://jaspa1.wpengine.com/wp-content/uploads/2018/07/logo_final_dark1.png00jaspa1https://jaspa1.wpengine.com/wp-content/uploads/2018/07/logo_final_dark1.pngjaspa12014-08-27 23:14:312022-12-20 13:59:15REAL ESTATE CLOSING SERVICES, TITLE AND TAX ADVICE
According to data released from HOPE NOW, approximately 421,000 homeowners used non-foreclosure solutions from mortgage servicers in the second quarter of 2014. Non-foreclosure solutions take the form of loan modifications, short sales, deed in lieu of foreclosures and other loss mitigation options. The number of non-foreclosure solutions in 2014 Q2 was almost quadruple the number […]
https://jaspa1.wpengine.com/wp-content/uploads/2018/07/logo_final_dark1.png00jaspa1https://jaspa1.wpengine.com/wp-content/uploads/2018/07/logo_final_dark1.pngjaspa12014-08-27 22:52:472022-12-20 13:59:192014 MARKS THE YEAR OF LOAN MODIFICATIONS AND SHORT SALES
BANK OF AMERICA ANNOUNCED THURSDAY THAT IT HAS AGREED TO SETTLE AND $16 BILLION FOR ALL THE TROUBLE IT CAUSED IN THE MORTGAGE FINANCIAL CRISIS. THE SETTLEMENT IS THE LARGEST CIVIL SETTLEMENT WITH A SINGLE ENTITY IN THE HISTORY OF THE UNITED STATES. SOURCE: DS NEWS ACCORDING TO THE SETTLEMENT, BANK OF AMERICA HAS AGREED […]
https://jaspa1.wpengine.com/wp-content/uploads/2018/07/logo_final_dark1.png00jaspa1https://jaspa1.wpengine.com/wp-content/uploads/2018/07/logo_final_dark1.pngjaspa12014-08-27 22:36:192022-12-20 13:59:44BANK OF AMERICA SETTLES TOXIC MORTGAGE CLAIMS FOR RECORD $16 BILLION
The Consumer Financial Protection Bureau (CFPB) , an agency created to protect consumers with their credit choices and concerns, whether auto, mortgage, student loans or other, has recently become very involved with lenders and their loss mitigation assistance to consumers. On August 19th, the CFPB issued a bulletin for mortgage servicers, outlining how they should […]
https://jaspa1.wpengine.com/wp-content/uploads/2018/07/logo_final_dark1.png00jaspa1https://jaspa1.wpengine.com/wp-content/uploads/2018/07/logo_final_dark1.pngjaspa12014-08-27 22:22:322022-12-20 13:59:36CONSUMER FINANCIAL PROTECTION BUREAU (CFPB) WARNS SERVICERS TO OBEY LOAN TRANSFER RULES
NOW THAT JP MORGAN HAS REACHED A SETTLEMENT WITH THE GOVERNMENT, IT WILL BEGIN THE PROCESS OF PROVIDING DEBT FORGIVENESS AND OTHER MORTGAGE RELIEF TO STRUGGLING HOMEOWNERS. UNDER THE TERMS OF THE AGREEMENT, JP MORGAN WILL RECEIVE CREDIT FOR RELIEF IT PROVIDES IN FOUR MAJOR CATEGORIES: MODIFICATIONS RATE REDUCTION/REFINANCING LOW INCOME AND DISASTER AREA LENDING; […]
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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 […]
https://jaspa1.wpengine.com/wp-content/uploads/2018/07/logo_final_dark1.png00jaspa1https://jaspa1.wpengine.com/wp-content/uploads/2018/07/logo_final_dark1.pngjaspa12014-07-23 12:04:172022-12-20 13:59:46HOW TO AVOID TAXES ON CANCELLED MORTGAGE DEBT
HOW A PRELIMINARY TITLE REPORT CAN ENSURE CLEAR TITLE
UncategorizedBidding on a foreclosure auction? Buying a property through a homeowner association or condominium association auction? A preliminary title report run by an attorney, which is an examination of title and liens, can spot trouble ahead for a foreclosure auction bidder, to help make an educated and informed decision as to the future investment potential of […]
BUYER AND SELLER REPRESENTATION AT CLOSING
UncategorizedThe Law Offices of Jacqueline A. Salcines, PA provides the most comprehensive title insurance processing and coverage, while offering exceptional customer service. We represent both buyers and sellers in real estate transactions, and are a full service real estate firm. We pride ourselves on offer a wide array of real estate services including: Real Estate […]
WHO IS ENTITLED TO THE SURPLUS AFTER A FORECLOSURE SALE?
Deficiency Judgment, Foreclosure, Mortgage Relief, Real Estate, surplus fundsIn a recent Third District Court of Appeal case, the higher court rules that a Miami-Dade couple was entitled to a $99,500.00 surplus that was left over after the foreclosure sale. The lower court, Judge Diane Ward, held that the bank was entitled to the surplus. The homeowners had two mortgages, and the property was […]
FORECLOSURE DEFENSE WITH A PURPOSE
UncategorizedMORE AND MORE LATELY, I MEET WITH CLIENTS THAT HAVE HAD AN ATTORNEY HANDLING THEIR FORECLOUSRE CASE, HAVE PAID THEM A MONTHLY FEE FOR SUCH SERVICES, THE ATTORNEY NEVER REVIEWS THE FOUR CORNERS OF THEIR FORECLOSURE COMPLAINT, TRIAL COMES ALONG. NO FIGHT IS MADE. RATHER, THEY SCARE THE CLIENT INTO A CONSENT JUDGMENT ADVISING THEM […]
REAL ESTATE CLOSING SERVICES, TITLE AND TAX ADVICE
UncategorizedAt the Law Offices of Jacqueline A. Salcines, P.A. we pride ourselves on providing the best customer service to our clients. Our knowledge of real estate law, coupled with an accounting degree, lends itself to providing the most knowledgeable and precise advice for the ultimate protection of the client. Whether you are buying or selling […]
2014 MARKS THE YEAR OF LOAN MODIFICATIONS AND SHORT SALES
UncategorizedAccording to data released from HOPE NOW, approximately 421,000 homeowners used non-foreclosure solutions from mortgage servicers in the second quarter of 2014. Non-foreclosure solutions take the form of loan modifications, short sales, deed in lieu of foreclosures and other loss mitigation options. The number of non-foreclosure solutions in 2014 Q2 was almost quadruple the number […]
BANK OF AMERICA SETTLES TOXIC MORTGAGE CLAIMS FOR RECORD $16 BILLION
UncategorizedBANK OF AMERICA ANNOUNCED THURSDAY THAT IT HAS AGREED TO SETTLE AND $16 BILLION FOR ALL THE TROUBLE IT CAUSED IN THE MORTGAGE FINANCIAL CRISIS. THE SETTLEMENT IS THE LARGEST CIVIL SETTLEMENT WITH A SINGLE ENTITY IN THE HISTORY OF THE UNITED STATES. SOURCE: DS NEWS ACCORDING TO THE SETTLEMENT, BANK OF AMERICA HAS AGREED […]
CONSUMER FINANCIAL PROTECTION BUREAU (CFPB) WARNS SERVICERS TO OBEY LOAN TRANSFER RULES
UncategorizedThe Consumer Financial Protection Bureau (CFPB) , an agency created to protect consumers with their credit choices and concerns, whether auto, mortgage, student loans or other, has recently become very involved with lenders and their loss mitigation assistance to consumers. On August 19th, the CFPB issued a bulletin for mortgage servicers, outlining how they should […]
JP MORGAN BEGINS TO OFFER HOMEOWNER RELIEF
UncategorizedNOW THAT JP MORGAN HAS REACHED A SETTLEMENT WITH THE GOVERNMENT, IT WILL BEGIN THE PROCESS OF PROVIDING DEBT FORGIVENESS AND OTHER MORTGAGE RELIEF TO STRUGGLING HOMEOWNERS. UNDER THE TERMS OF THE AGREEMENT, JP MORGAN WILL RECEIVE CREDIT FOR RELIEF IT PROVIDES IN FOUR MAJOR CATEGORIES: MODIFICATIONS RATE REDUCTION/REFINANCING LOW INCOME AND DISASTER AREA LENDING; […]
HOW TO AVOID TAXES ON CANCELLED MORTGAGE DEBT
UncategorizedIf 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 […]