Category: Foreclosure

What Happens to my 2nd Mortgage/Home Equity Loan in Ch. 7 Bankruptcy?

Many clients are concerned with what will happen to their second mortgage (also referred to as a Home Equity Loan, Home Equity Line of Credit or HELOC) during and after Chapter 7 Bankruptcy. What is Second Mortgage? In general, second mortgages or HELOCs are loans that property owners get. The value of the property above

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Effects of the Foreclosure Crisis on South Florida Home Prices

The following is a series of charts organized by county showing the declining (in most cities) median listing prices for homes in South Florida. Moreover, they show the effects of the foreclosure crisis. MIAMI-DADE COUNTY Aventura Bal Harbour Aventura Zillow Home Value Index Aventura Home Values - Interactive chart Bal Harbour Median List Price Bal

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Cape Coral
Deerfield Beach
Lake Worth
Palm Beach Gardens
Port St. Lucie
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