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Real Estate Attorney - THE ZARETSKY LAW GROUP - Board Certified Real Estate Atty and AUTOMATED LAND TITLE COMPANY
short sale, Florida Attorney, West Palm Beach Attorney, Palm Beach Attorney, Palm Beach Lawyer, West Palm Beach Lawyer, Real Estate Lawyer, Short Sale Lawyer, Real Estate Attorney, Foreclosure, Pre-Foreclosure, Litigation, Title Insurance, Closings, Real Estate Contract
Mortgage Insurance has become a problem when negotiating a short sale. What seems like a straight forward negotiation becomes one of hard fought demands to reach a viable solution. The reason is the existence of mortgage insurance on the mortgage loan. Now many borrowers hear that the lender's mo...
BANK OF AMERICA just published their long awaited enhanced relocation program for Florida properties with $5,000 to $20,000 relocation assistance payments.  This was mentioned in our article SHORT SALE SUMMIT REVELATIONS BY BANK OF AMERICA two months ago. This is a very limited window of opportun...
Pretty much all the agents we work with have done HAFA short sales where the lender first saw the deal when the contract was submitted by the agent and then a BPO substantiates the FMV for the contract and the sale goes through.  HAFA has certain benefits to borrowers in that the deficiency is fo...
You can have a cow without a tail, but you cannot have a tail without a cow. My law office has been receiving reports of aggressive tactics of mortgage lenders pursuing borrowers on the promissory note alone.  This means they are avoiding foreclosure actions and going straight after borrower asse...
PRESENTING THE SHORT SALE ADDENDUM YOU CAN'T SIGN!   Agents hold on to your wallets as this could cost you big time!  This is just too big and important to let one blog article suffice.  And developments on this are occurring quickly.  The problem was pointed out in my re-blog Freddie Mac Short S...
OK, I NEVER reblog another blog - but this one merits an exception. The parapgraph 13 is very problematic because as worded, each signatory is liable for the acts of others and their relationship to the transaction. So a closing agent would be liable to the lender for the seller lying on its fina...
Is this becoming an epidemic?  Two foreclosure buyers in less than one week met with me for solutions to problems they discovered AFTER they purchased homes at a foreclosure sale.  The problem is that the foreclosure sale was attractive because the value of the property was far above the amount ...
In a classic case of a Judge getting fed up with attorney kindergarten like behavior, an Austin,Texas Federal Judge commanded the attorneys "report to "a kindergarten party" at the courthouse.  There was no optional "RSVP" according to the Order. The Order is a classic exercise of the judiciary r...
You are a homeowner in financial distress.  Likely you are showing up on the radar screen because you are delinquent. Maybe you are in foreclosure and getting lots of attorney "hire me!" letters.  You are looking for solutions. Comes along an advertisement, probably a mailer but maybe a telephone...
The Florida Association of Realtors published yesterday an article called The Basic Steps of Foreclosure, picked up from the Detroit Free Press.  It lists the 7 stages of a typical foreclosure.  Unfortunately, although these 7 steps may be valid somewhere – they are incorrect in Florida.  In fact...

Richard Zaretsky

Florida Real Estate Attorney
local_phone5616896660 x 107
smartphone(561) 329-2279
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Legal true life experiences, general observations and commentaries for Realtors, Lawyers and Mortgage Brokers - also see our Palm Beach County Short Sales group blog.
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