Blog Posts in October, 2011

  • Bank of America has just announced new short sale incentives to encourage distressed Florida homeowners to explore short sales and avoid foreclosure. The announcement indicates that homeowners would be eligible for at least $5,000 in relocation assistance payments with a maximum payment of $20,000 - and the homeowner may be eligible for a waiver of deficiency. However, the short sale must be ...
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  • Florida Supreme Court Reconsidering Mandatory Foreclosure Mediation

    || 5-Oct-2011

    Since 2009, mediation has been required in all residential foreclosure actions involving homestead property in Florida through an administrative order issued by the Florida Supreme Court. (Actually, the mediation effort was originally spearheaded by the Twelfth Judicial Circuit's own Judge Lee Hayworth, a trailblazer in the area of the court administration of mortgage foreclosures!) Last week, ...
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