Nov 1, 2010 | FORECLOSURES/SHORT SALES, MIAMI REAL ESTATE
Walking away from mortgage obligations is being used increasingly as an EXIT STRATEGY … written about and widely reported by the news media. While increasing numbers of homeowners are paddling just to stay afloat (and in well-over their heads) the ramifications...
Nov 16, 2009 | MIAMI REAL ESTATE, SELLER'S ADVICE
There are many questions surrounding the deed-in-lieu of foreclosure, so here are some answers. A deed-in-lieu of means that the borrower conveys all interest to the lender in order to satisfy the loan that’s in default and avoid foreclosure. This process is...