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When a homeowner has defaulted on a mortgage becoming exposed to or involved in a mortgage foreclosure action there are several paths to pursue.  Fight the foreclosure by challenging the Bank’s right to foreclose based on various legal strategies, seek a loan modification or perhaps pursue a short ... Read More »

 When a violative condition is identified at an Owner’s property, notice should be immediately sent to the Owner advising them that there is a violation and the situation must be cured.  If the designated period to cure expires without the Owner complying then this violation matter should be placed ... Read More »

The State of Florida is considered a debtor friendly state primarily due to the laws protecting one’s homestead from the reach of judgment creditors.  Your “homestead” is the property that you reside in as your primary residence on a permanent basis.  For most, its simply their home.  Indicia of ... Read More »

A homeowners and condominium association has the right to file a lien for outstanding assessments or other monetary obligations due from a unit owner.  If still not paid by the unit owner after the filing of the Claim of Lien, the association can “foreclose” on its Claim of Lien just the same as a ... Read More »

Most real estate agents derive their income solely from real estate commissions.  In the world or real estate transactions, at time disputes arise between sellers, buyers, and their real estate agents whether a real estate commission is due and payable to the agent.  The guiding concept in most of ... Read More »

Real estate ownedor REOis a term used to describe a class of propertyowned by a lender. This often used phrase has become part of realtors and real estate investors regular vocabulary.  Typically real estate becomes lender owned by virtue of the conclusion of foreclosure litigation instituted by the ... Read More »