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Tag >> mortgage default

Jul 29
2010

Comic Book Saves Home From Foreclosure

Posted by Damian Turco in mortgage defaultforeclosure

Superman saves the day for a family facing foreclosure. The family, who has decided to remain anonymous, was just about to lose their home to foreclosure. They were, in fact, packing up their belongings to move out of the home when they found a box of magazines and old comics in the basement. The box contained Action Comics No.1 published in June 1938 by DC Comics, featuring the debut of

Jul 21
2010

Rental Scams on the Rise in South Florida

Posted by Damian Turco in tenant rightstenantsenate bill 1196SB 1196rental scamrentalrent collectionrentPalm Beach Countymortgage foreclosuremortgage defaulthomeowners associationFloridadelinquent ownercondominium associationcondo association

Renters Beware! New scams targeting renters are another way that the foreclosure crisis is affecting Floridians.

A recent Palm Beach Post article discussed a  Wellington-based company called Saving Palm Beach Homes Inc., run by Mark Guerette, that entered into numerous rental agreements on homes that were not actually owned by the company or its founder. The homes were in foreclosure, but

Jul 20
2010

2010 Foreclosures Could Top 1 Million

Posted by Damian Turco in RMFM ProgramResidential Mortgage Foreclosure Mediation ProgramPalm Beach Countymortgage foreclosuremortgage defaultforeclosureFloridaAdministrative Order No. 3.308610

Lenders are currently working through the huge backlog of borrowers that have fallen behind on their payments and have already repossessed nearly 528,000 homes in the first half of this year. If this pace continues, 2010 could see over 1 million foreclosures, an even greater number than 2009's record of over 900,000 repossessions.

Lenders set the pace for the foreclosure process and are

Jul 12
2010

New Florida Law Allows Condo and Homeowners Associations to Collect Rent From Tenants

Posted by Damian Turco in tenant rightstenantsenate bill 1196SB 1196rentalrent collectionrentPalm Beach Countymortgage defaulthomeowners associationforeclosureFloridadelinquent ownercondominium associationcondo associationassociation duesassociation

 

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