Foreclosures Help Information

Posts Tagged ‘Florida Foreclosure’

Foreclosure Lawyers In Florida

Question: What happens towards the end of a foreclosure?

I've had a condo for about 3 years, 2 of which I haven't paid for, after 2 years they finally found the original note and sent a letter saying they were going to show it to a judge some time in mid Nov. One month later and I haven't received any letters stating the outcome of that matter. I'm pretty sure they didn't lie to me about having the original...I just thought by now I would of heard something...I have received more calls than usual from the lender ( 2 more calls), but my lawyer always told me to ignore them and now he's no where to be found!!!
How's the last days of a foreclosre? Do they mail you a letter stating an eviction? Is there alot of paperwork to sign off on? How long do they give you to move out? BTW, its in Florida.

Thanks in advance!

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Answer: When I was foreclosed on, there was just an official letter saying the property was sold, on what date, and that was that. I suggest if you have anything to get out of there, do it sooner than later. I did not sign anything. But because my ex procrastinated, our things were stolen, and we only got some of our things. So while you can, start packing and moving.

Florida boca foreclosure short sale attorney loan modificati

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Bank Foreclosure Homes In Florida

Question: If you own two properties in Florida, can a bank go after your homestead if you default on the first loan?

I own a condo in Miami and due to foreclosures in the community properties are now selling for a quarter of what I paid originally and I do not see the light at the end of the tunnel. If I purchase a second home and defaulted or foreclosed on the first property (condo), can the condo bank go after my second property if it is my primary residence? What options do I have?

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Answer: Yes. Contact a lawyer ASAP

4 bed / 2 bath foreclosed home on 32318 Crest Lane Union City CA 94587

Foreclosure Attorney Florida

Question: Is it Illegal to Collect rent on a property that is in foreclosure?

I am a landlord for a trailer park. The property is in foreclosure. The property is owned by a development company. There is attorney calling me and telling me I cannot collect rent b/c of the foreclosure or they will take me to jail. Yet my boss tells me to keep collecting... What should I do? Is the attorney trying to bully me into giving the bank money behind my bosses back? Or am I really in danger of going to jail?

Fyi this is in the state of Florida

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Answer: Can the bank come up with an assignment of rents or a rent execution order? If they can, then you will have to hand over the money to them.

As a landlord, don't you have an attorney you could speak with?

P.S. There is a document called an assignment that allows a lender to collect rents from the tenants of a borrower in default. There doesn't need to be an actual foreclosure, just a default, for this to kick in. This document assigns the tenants leases and rents to the lender without exception if the borrow defaults. Most investment property loans have this. If the lender for some reason doesn't have this, then the landlord gets the money up until an actual foreclosure ... unless there is a court order that says otherwise.

Miami Florida Attorney - Lawyer Dania Fernandez - www.FloridaLawAttorney.com - Foreclosure Video 37