Florida Foreclosure Help in Hollywood, south Florida short sales

02/25/2011
By Edward McCray
Short sales from the Home Affordable Foreclosure Alternatives Program have mostly been pursued by homeowners who were in an underwater situation or who may have been unsuccessful at finding a foreclosure prevention program through modification efforts, but could find a buyer for their home even if an underwater mortgage situation was present. Typically, homeowners have sought out short sales when negative equity was the problem, but there are some indications that more servicers may attempt to get homeowners to agree to a short sale in the coming year …

Everybody seems to want to get a lawyer and fight the bank with a foreclosure defense case. I have written about this before but yesterday’s article in the Miami Herald throws new light on the issue. I am not a lawyer and can’t give legal advice but here are a few questions to consider.
Firstly, what is your goal in foreclosure defense? If it’s time in your house without having to pay the mortgage, then you have a pretty good chance. However, I would be concerned about what is going to …

Oct 4, 2010
Household income in south Florida was at its lowest level in eat least three years, according to a U.S. Census report. From 2007 to 2009, the median income dropped by more than ten percent.
South Florida has been worse hit than the rest of the nation which has averaged a drop of 4.1 %.
In Broward County, median household income has dropped from $54,420 in 2007 to $48,844 in 2009.
The poverty rate for families with young children in Broward grew to 12.5 percent. While high, the rate for Florida grew …