If your home is in foreclosure, you may want to consider exploring a short sale as part of your foreclosure defense. A short sale is a sale of the home for less money than what is currently owed; while it is not a foreclosure defense in the sense that it does not prevent you from losing…
A home foreclosure is a situation where a bank repossess a home whose owner has defaulted making loan payments for his mortgage. Home foreclosures in Florida are judicial, meaning that the plaintiff must file a lawsuit against you in a State Court. After the complaint, you have 20 days to file an answer. If you…
Purchasing a home is perhaps the largest and most important investment you will ever make, including those for college education and other similar purposes. Therefore, the prospect of losing the home you worked so hard to obtain, is often quite devastating. It does not have to be. There are ways to saved your home from foreclosure….
Mortgage lenders use every contractual and other opportunity that may be available to them to squeeze fees out of borrowers, including, in a majority of mortgage documents, a fee provision that lets a lender collect attorneys’ fees if it wins a foreclosure case but that prevents the borrower from collecting fees if the borrower wins….
They call it the Real Estate Market for a reason. Just like stocks, the value of your property can increase or decrease without any warning. When this happens to a home you have a mortgage on, it can leave you owing far more than the home is presently worth. When that happens, you may be…
My name is Jonathan Kline and I focus my practice primarily on foreclosure defense. If you have been sued by a lender for foreclosure or a deficiency amount call me at 954-888-4646 for a free consultation on how we may be able to help you. There are a number of defenses that we may use…
If you are finding it more and more difficult to pay your mortgage, you probably already realize that foreclosure is looming. This is a stressful situation and you certainly don’t want to lose your home, but your financial situation may give you no other choice. However, there are some things you can do to prevent…
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…
