All Blog Posts Tagged 'fees' (4)

FHA Short Seller + FHA Buyer = Restrictions

FHA has specific rules when it comes to purchasing a home that is in Pre-Foreclosure with a FHA mortgage on it.  FHA doesn’t make mortgage loans, they Insure them – and so as the Insuring Agency (kinda’ like a PMI company) they get to set the rules!  In those…

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Added by eleavor on September 29, 2011 at 4:24am — No Comments

Florida Short Sale Listings

I am still amazed at the number of REALTORS® that continue to list short sales and either attempt to process the short sale themselves and/or turn the file over to a third party title company. In many of these instances I have noticed the title company charging “short-sale processing fees” at closing in direct violation of the law. In fact, such a charge may be considered a felony as it violates Florida Chapter 494.

 

Federal and Florida laws involving short sales and their…

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Added by Stephen B. McWilliam on July 9, 2011 at 5:00am — 6 Comments

Lou Baron

How does the new legislation impact investors who purchase condos at county courthouse foreclosure auctions? What is the extent of the liability on back association dues and attorney's fees?

Added by Lou Baron on October 19, 2010 at 1:18am — No Comments

Condo Association Fees In Foreclosure

When Homeowners have financial troubles, the last thing they fall behind on is the mortgage, but the first thing they stop paying is Association dues. Because of this, many Condo & Homeowner Associations in Florida are squeezed for funds and have become aggressive in pursuing every penny. They now have legal representation, have been successful in litigating similar cases, and are not as likely to back off.



What bank negotiators don’t… Continue

Added by Jennie Blackburn on October 9, 2010 at 7:50am — 2 Comments

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