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5 Mar 2013, 11:53 am by Larry Tolchinsky
Larry Tolchinsky’s Tip: Right now, Florida is still reeling from some of its worst economic years since the Great Depression. [read post]
28 Feb 2013, 10:59 am by Larry Tolchinsky
Larry Tolchinsky’s Tip: SB 1228 was filed yesterday by Senator Soto, who knows his stuff:  Darren Soto hails out of the Orlando area and after getting an economics degree from Rutgers he went on to get a law degree from George Washington University Law School. [read post]
21 Feb 2013, 10:45 am by Larry Tolchinsky
Larry Tolchinsky’s Tip:  It’s true that the Florida Supreme Court has requested the Florida Bar to try and change the Florida rules of procedure, to create rules that would allow courts in the future to impose sanctions on a party even after they have dismissed their lawsuit. [read post]
19 Feb 2013, 12:07 pm by Larry Tolchinsky
Larry Tolchinsky’s Tip:  The federal government’s HAMP program recognizes the need to modify second mortgages and does help borrowers deal with second mortgage default problems if certain conditions are met: Your first mortgage was modified under HAMP. [read post]
14 Feb 2013, 11:00 am by Larry Tolchinsky
Larry Tolchinsky’s Tip:  In Miami and other parts of Florida, the foreclosure bottleneck is a serious problem for the judicial system and it’s been a huge problem for several years now. [read post]
5 Feb 2013, 10:45 am by Larry Tolchinsky
Larry Tolchinsky’s Tip: In anything that is as big and as messy as the current Florida housing crisis, you will be able to find lots of examples of bad actors. [read post]
22 Jan 2013, 1:43 pm by Larry Tolchinsky
Larry Tolchinsky’s Tip: These rules will help Florida home owners and Florida borrowers in the future, but they will not become federal law until 2014. [read post]
15 Jan 2013, 3:50 pm by Larry Tolchinsky
Larry Tolchinsky’s Tip: Today, the Supreme Court of Massachusetts ruled that a home owner can fight in court and win against a big bank – especially when the bank simply cannot provide the proper document to prove it has a legal right to proceed as a party in the case. [read post]
10 Jan 2013, 12:13 pm by Larry Tolchinsky
Larry Tolchinsky’s Tip: As we repeatedly discuss here, the current Florida real estate market is a Wild Wild West where past years of respecting contract law and real estate law, as it has set on the books for decades, has gone by the wayside in favor of making money and/or escaping liability for bad acts. [read post]
3 Jan 2013, 12:02 pm by Larry Tolchinsky
Larry Tolchinsky’s Tip It’s true that the Fiscal Cliff legislation puts our Florida Short Sale market in the same pressure cooker next Fall, as the deadline for the tax exemption for deficiencies once again will begin ticking down to its termination date of December 31, 2013. [read post]
27 Dec 2012, 11:09 am by Larry Tolchinsky
Larry Tolchinsky’s Tip Here in the Hallandale Beach area, you can open the window and throw out a stone in any direction and you’ll likely hit a property that’s governed by a Florida condo or homeowner’s association (see a listing of local Hallandale Beach condo/homeowner’s associations here). [read post]
24 Dec 2012, 9:51 am by Larry Tolchinsky
Larry Tolchinsky’s Tip: With less than two weeks left in the life of the Mortgage Debt Relief Act of 2007, unless something is done, Florida is going to be facing something that will hurt us all. [read post]