Florida home foreclosures hit record levels due to the mortgage meltdown of 2008. As interest rates rose and home values fell, homeowners with adjustable-rate mortgages saw their monthly payment skyrocket. Many homeowners could not afford the new monthly payments and defaulted on their mortgages. Since home prices will never reach the level achieved prior to…

Married couples usually take out mortgages jointly when they purchase a home together. If the couple decides to divorce, the issue of what happens to the home gets complicated and messy. As a result, the couple may face a foreclosure. If you’re going through a divorce, there are options you have that allow you to…

It can happen to the best of us: we fall behind on our mortgage payments due to a job loss or unexpected illness, and the bank starts foreclosure proceedings. Certainly, this is frustrating and scary, but there are options available when you’re facing home foreclosure. One such option is the short sale process. Short Sale A short…

If your home has recently been sold in a foreclosure sales but you still owe money to your mortgage lender, this is called a deficiency judgement. Under Florida law, you are still required to pay your full mortgage amount. According to NOLO in a foreclosure sale, it is not uncommon for the debt the borrower…

If you’re in need of foreclosure defense services, you might be thinking about a strategic default. A strategic default is when a homeowner decides their property is no longer a good financial investment and stops paying their mortgage. According to NOLO, this usually happens when the homeowner owes more than the home is worth. In…

Far too many homeowners give up once the “f-word” (foreclosure) is uttered by a bank or other mortgage lender. This is a shame as there are many alternatives to foreclosure that allow distressed homeowners to keep their home and/or protect their finances from the damage of a foreclosed property. An experienced lawyer can make all…

The economy is showing signs of improvement but we are far from a flourishing economic environment in Florida. One of the key pieces of evidence is the amount of commercial properties facing foreclosure as businesses struggle to make ends meet in the face of depressed consumer demand and consumer confidence. If you are the owner…

If you’re in need of a foreclosure defense, you’re probably looking for any possible way to keep your home from going into foreclosure. Especially in Florida, many homeowners owe more on their mortgage than their home is actually worth. According to Oppenheim Law if you can’t afford your mortgage, there are several options available to…

If you’re facing foreclosure and are looking for a foreclosure defense, you might consider selling your home in a short sale. A short sale is when you sell your home for less than the mortgage is worth. It’s called a short sale because after the sale goes through the bank comes up short on its…

If you face foreclosure and your bank has denied your request for a loan modification or forbearance, there are a couple of other options before you that can help you avoid foreclosure: a deed in lieu of foreclosure, or a short sale. Because they are both similar, it’s easy to get them confused. But, there…

Page 4 of 7 1 2 3 4 5 6 7

© 2017 by JK LAW | Jonathan Kline P.A. | Privacy Policy

Foreclosure Lawyers Miami FL

STAY CONNECTED WITH US: