In March, 2009 the Obama administration announced a new program with the goal of slowing foreclosures and keeping more homeowner’s in their homes. The program, called the Home Affordable Modification Program (HAMP), generally requires lenders to participate in counseling programs with borrowers and encourages those lenders to agree to terms that will allow a homeowner [...]
Entries from July 31st, 2009
Mortgage Modification- HAMP is the Answer!
July 31st, 2009 · No Comments · Foreclosure
Tags:foreclosure attorney·foreclosure plan·hamp·mortgage modification
Record Number of Foreclosures Filed In Pinellas County For July
July 30th, 2009 · No Comments · Foreclosure
Records obtained from the Pinellas County Clerk of Court reflect that 1369 foreclosures were filed in Pinellas County from July 1, 2009 until July 30, 2009. This is a massive number of foreclosures and the impact of so many foreclosures filed will affect not just those who are served with foreclosure but anyone who owns [...]
Tags:pinellas foreclosures·record foreclosures in pinellas county·record number of foreclosures
Condo Investments In St. Petersburg Florida- Watch Out for Condo Fees and Special Assessments
July 30th, 2009 · No Comments · Foreclosure
Downtown St. Petersburg currently has three significant condo projects that were completed some time ago, but sales of the individual units have slowed considerably. The largest development is Signature Place Condominium with 244 units and approximately 37 sales, followed by The Sage Condominium with 112 units and approximately 32 sales and 400 Beach Drive [...]
Tags:condo investment florida·condo investments in st petersburg
Do I Need An Attorney to Draft a Will, Power of Attorney or Trust in Florida?
July 29th, 2009 · No Comments · Foreclosure
The easy answer to the question is, No you don’ need an attorney to draft your will, power of attorney or health care surrogate. Any person is free to go online, visit a document preparation service or pick some form out of a book and attempt to make a will or other estate planning [...]
Foreclosure and Bankruptcy Auctions- Let the Buyer Beware
July 29th, 2009 · No Comments · Foreclosure
Just last week, I attended an auction for two penthouse condos at a condominium complex in downtown St. Petersburg. If you’ve never attended a real auction of any sort, you should seek one out just to experience the drama and interesting dynamics that occur at a real auction. The units in question had [...]
Tags:bankruptcy auctions·buyer beware·foreclosure auctions·pinellas attorney
Lost Note and Mortgage Foreclosure
July 22nd, 2009 · No Comments · Foreclosure
In nearly every foreclosure case filed in Florida, the lawfirms include a count in the lawsuit to “re-establish a lost note”. In order to prevail in a foreclosure case, the lender must present to the court the original promissory note singed by the borrower at closing. Because these note are often lost, a techincal legal [...]
Tags:Foreclosure·homeowner·law
Thinking of Purchasing a Short Sale? JUST WALK AWAY!
July 21st, 2009 · 2 Comments · Foreclosure
During the first half of 2009 realtors and consumers were bombarded with advice that purchasing a property in a short sale transaction from the lenders was a quick way to acquire property at a dramatic discount. Realtors in particular were treated to one seminar or help book after another which promised to teach them all [...]
Tags:Foreclosure·short sale
The Very Real Bright Side to Foreclosure
July 21st, 2009 · No Comments · Foreclosure
While the country is sitting smack dab in the middle of a long term recession and while you may personally be experiencing foreclosure, job loss and other economic pain, it may be difficult to focus on the bright side and the potentially life changing up side to this short term financial crunch. I’m here to [...]
Tags:Foreclosure·homeowner
What happens now that I’ve been served with foreclosure papers?
July 21st, 2009 · No Comments · Foreclosure
If you have recently been served with a foreclosure case or know that your lender is about to file a foreclosure case against you, you undoubtedly have many questions about what will happen to you, your family and your home. As an attorney who has been practicing foreclosure defense, mortgage modification, civil litigation and real [...]
Tags:Foreclosure·lender·mortgage
Foreclosure Filings Surge In Pinellas County
July 21st, 2009 · No Comments · Foreclosure
According to information obtained from the Pinellas County Clerk of Court, a total of 1374 foreclosures were filed in Pinellas County from June 1, 2009 to July 1, 2009. This staggeringly large number of filings represents a crisis that everyone in Saint Petersburg, Tampa, Gulfport, Tierra Verde and the surrounding communities in Pinellas and Hillsborough [...]
