A lot of homeowners and commercial mortgagors that consider strategic defaults or foreclosure as solutions to being upside down on their home loans need to also consider what is often a perceived a simple escape mechanism - a Bankruptcy. The Eleventh Circuit Court of Appeals ruled on May 17 2011
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05/25/2011
Short sale sellers and owners seeking a loan modification need legal representation sooner rather than later in the process. I have used the example of the sand filled hour glass, with each grain of sand being an opportunity for financial planning, tax planning, strategy creation and fulfillment
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05/14/2011
I still see real estate brokers and even some title companies and "case workers" advertising that if you use THEM, they will supply for free an attorney to represent YOU for your short sale or loan modification. I wrote about this issue once before (see No-Conflict Considerations in Short Sale F
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05/13/2011
It is not too often we "in the trenches" of short sale negotiations get to understand why lenders act the way they do through "behind the scenes" documentation. However a couple of months ago we did get some "lender to servicer" documentation that I thought was interesting enough to pass on to m
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05/01/2011
