Fleysher Law Blog

Is a Short Sale right for you?

Many South Florida borrowers are faced with a tough decision after defaulting on their mortgage loan… Is a Short Sale the right thing for us to do right now? The answer is actually not as complicated as you may think. Simply put, if you are ready to leave the property within 3-6 months and you require a little financial help in making the transition to your new home, then the

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Broward County Foreclosure Defense attoney, Palm Beach County Foreclosure Defense Attorney, Miami-Dade County Foreclosure Defense Attorney,

Foreclosed homes to be rehabilitated for new buyers in South Florida

The housing organization in South Florida have been given the opportunity to purchase over 2,000 homes in foreclosure that could ultimately end up with individual homebuyers. The Federal Housing Finance Agency stated it is broadening its Neighborhood Stabilization Initiation to South Florida and 17 other metro areas across the nation. Since the beginning of December, housing groups have been given the opportunity to purchase properties valued at $175,000 or less

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Foreclosure, Home Repossesion, Broward County Foreclosure Defence Attorney, Broward County Foreclosure Defence Lawyer,

South Florida Had An Increase Of Foreclosure Activity In March

According to a study by RelatyTrac March had an increase of foreclosure activity, reversing months of declines. February had 4,577 filings in the tri-county area but during March the foreclosure filings went up to 6,329 for the tri-county area. The filing counts as a repossession, a judgment, or a new foreclosure lawsuit. Broward County was at the top of the tri-county area with 3,169 foreclosure filings during March. This is

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HELOC, HELOC payments, reset loans, default, underwater properties, inscrease of mortgage payments,

Reset of Loans Causes Increase in Home-Equity Payments

As interest-only periods expire on loans begun during the housing bubble era, 3.3 million homeowners will be facing higher payments during the next four years on home-equity lines of credit, according to RealtyTrac. The Heloc loans that totaled at $158 billion are requiring principal paydowns beginning this 2015 through 2018. There is rising threat over the amount of new defaults due to the new monthly bills increasing an average of

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Broward County Foreclosure Attorney, Broward County Foreclosure Lawyer, Palm-Beach County Foreclosure Attorney, Palm-Beach County Foreclosure Lawyer, Miami-Dade County Foreclosure Lawyer, Miami-Dade County Foreclosure Attorney

When Mortgage Transfers Go Awry

The Fourth District Court of Appeal ruled against HSBC Bank USA in a foreclosure case for lack of standing. The defendants, Donna and Marc Murray, appealed a final foreclosure judgment against the bank with the argument that they failed to validate that the mortgage originator transferred its rights. Judge Melanie May wrote on behalf of the unanimous panel “In this foreclosure puzzle, one of the pieces is missing”. The Murrays

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