Wellington uses federal grant to help homeowners get keys to foreclosed homes [South Florida] Despite steep drops in real estate prices and the nation’s recent first-time homebuyer incentives, Danillia Williams never thought she could purchase a place of her own. That didn’t feel tragic to the 42-year-old single mother, but she certainly thought it would …
Category Archives: Legal
Frisco soldier who lost house to foreclosure over homeowners dues gets it back
Frisco soldier who lost house to foreclosure over homeowners dues gets it back The Frisco soldier and his family who lost their home to foreclosure while he was serving in Iraq will get the house back. Army National Guard Capt. Michael Clauer and his wife, May, lost their $315,000 southwest Frisco home in May 2008 …
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With prices down Marion County investors buy properties cheap and then resell them quickly for a tidy profit [North Florida]
With prices down Marion County investors buy properties cheap and then resell them quickly for a tidy profit [North Florida] The problems with the local real estate market are well documented: Property values are plummeting, foreclosures are skyrocketing and many homeowners are upside down on their mortgages, meaning they owe more than the property is …
Limits on pursuing delinquent condo owners
Limits on pursuing delinquent condo owners Q. Are there any restrictions on a management company or board on performing ongoing collection activity on a delinquent unit owner’s account? If the unit owner is in bankruptcy, does this have any affect on collection activity? A. While a board of directors must be diligent in pursing delinquent …
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Closed Seville Beach Hotel to get new boutique brand
Closed Seville Beach Hotel to get new boutique brand The shuttered Seville Beach Hotel in Miami Beach will come back as a partnership between hip hotelier Ian Schrager and Marriott. The Miami Beach location, at 2901 Collins Ave., becomes just the second announced U.S. location under the boutique Edition brand. The first is scheduled to …
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Some HOAs sue or foreclose to collect dues
Some HOAs sue or foreclose to collect dues When Helen Burgess fell behind on her bills after being diagnosed with cancer, she was able to work out payment plans on her mortgage, car note, credit card and tax obligations to the Internal Revenue Service. Her neighbors weren’t so accommodating. Because Burgess was late on her …
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