west palm beach attorney: No-Conflict Considerations in Short Sale Fees - 02/17/08 09:46 PM
No-Conflict Considerations in Short Sale FeesAs short sales and pre-foreclosure assistance servicers proliferate, the type, style and amount of fees that these individuals and companies charge has become ingenious and varied. This article discusses the rights and wrongs regarding the most popular of the charging methods.A short sale and pre-foreclosure servicer (1 comments)
west palm beach attorney: RECOVERY IN 2009??? - 01/08/08 09:23 PM
CNN posted this article today on the "housing meltdown" and that price rebound will get a full year under its belt until 2009. CNN ARTICLEI don't know if this is really new news. On AR we have been seeing this statement for months in various blogs, and my own opinion in (5 comments)
west palm beach attorney: SHORT SALE TRILOGY - 01/01/08 08:05 PM
We get at least one call a day at my office on short sales. It is really amazing how many people - professionals as well as potential sellers - do not even know what the term "short sale" means. This blog assumes you have actually worked a short sale already -- (2 comments)
west palm beach attorney: Mortgage Forgiveness Debt Relief Act of 2007- Another Look - 01/01/08 12:15 PM
I have been getting a lot of calls and emails about the Mortgage Forgiveness Debt Relief Act of 2007. The new law became effective today, and applies to 1099's on short sales or foreclosures retroactive to January 1, 2007.Before the Act was passed, one of the rewards for a homeowner helping (1 comments)
west palm beach attorney: MORTGAGE RELIEF ACT - CHRISTMAS PRESENT TO PRIMARY HOMEOWNERS - 12/24/07 02:40 PM
On Thursday the President signed into law - effective New Years Day, the Mortgage Forgiveness Debt Relief Act of 2007.For those of you that aren't up to speed on the downside of a short sale, if the bank lends you $100 and you end up only having to pay back $75, then (1 comments)
west palm beach attorney: Foreclosures Triple - What's Next? - 12/13/07 07:43 AM
In a report issued today from the Palm Beach Post, Palm Beach County had 1 foreclosure filed for every 371 homeowners. Surpassing that was St Lucie County with 1 for every 306 households. The October average for Florida was 1 in 273 (new filings for foreclosure).Prices for homes in Palm Beach, (6 comments)
west palm beach attorney: BORROWERS FACING FORECLOSURE OFTEN OVERPAY - STUDY FINDS - 11/09/07 09:44 AM
Is our system of foreclosure out of control? Are the banks acting fiduciarily to their borrowers in the loan management process - are they requred to?Here is an interesting article from this week thanks to the American Bar Association - Your comments on this site are welcome!http://www.abajournal.com/news/borrowers_facing_foreclosure_often_overpay_study_findsRichard Zaretsky, Esq., Richard P. (1 comments)
Legal true life experiences, general observations and commentaries for Realtors, Lawyers and Mortgage Brokers - also see our Palm Beach County Short Sales group blog.