Foreclosure Defense

Foreclosure rates are on the rise nationwide, especially in Florida. Read on to find out where Florida ranks nationally, some potential factors that may contribute to the increase and what these statistics mean for Floridians. Where does Florida rank in foreclosures?...

When most people hear the word "foreclosure," they think of a bank foreclosing on a home because the homeowner did not make the mortgage payments. Many people are not aware that there are circumstances where a homeowners' or condominium owners' association may...

A U.S. District Court filed an order to resolve the department's Fair Housing Act claims against defendants accused of discriminating against Hispanic homeowners. The lawsuit accused the defendants of engaging in predatory and discriminatory behavior that caused...

The expiration of the foreclosure moratorium brings the real estate market into uncharted territory. Black Knight, an analytics firm, reported a 700% increase in foreclosures in January 2022 compared to the previous year. With rising commodity prices and increasing...

Each state has a different procedure for how banks may begin foreclosing on a home. As noted by Experian, Florida’s statutes require lenders to follow a judicial foreclosure process. A bank must file a complaint with the court and obtain an order to start a...

A really hot market with increasing home prices usually culminates in a housing bubble that eventually pops. When that happened in the past, a foreclosure crisis was quick to follow. Some people believe the market is in the right position now to bring about a crisis...

An occasional missed mortgage payment does not usually cause you to lose your home. As reported by GoBankingRates.com, lenders generally offer a grace period. Some lenders, for example, have a 15-day grace period. If you make a payment within that time, your account...

Going through a foreclosure is a stressful situation for anyone. In Coral Gables, Florida, it's important to know your options for retaining your home. What is a right of redemption? The ability for a person to stop a foreclosure of their property by paying the amount...

Challenging financial times could make it difficult for people to keep up with their bills, and Florida residents who are unable to meet their obligations may face foreclosure. For those worried about losing their house, mortgage forbearance could provide a solution...

When people in Florida fall behind on their mortgage payments, they might be in danger of foreclosure. However, there are some potential ways that homeowners might be able to avoid foreclosure, including by discussing alternatives with their lenders. Foreclosures are...