Monthly Archives: April 2014

Court tosses 5-year foreclosure limit

Tue Apr 29, 2014 by on Florida Law News

“I understand they don’t like the idea that people can end up with free houses but this undermines and defies the purpose of a statute of limitations,” said foreclosure defense attorney Roy Oppenheim, who is fighting a high-profile foreclosure deadline case in Boca Raton in which homeowners stand to win a multimillion-dollar waterfront mansion. “This is going to create a bizarre and unintended set of circumstances.”

Happy 450th Birthday, Bard! “To be, or not to be: that is the question: Waive a Deficiency or Not?

Wed Apr 23, 2014 by on Florida Law News

Short Sales and Foreclosures – 1099 Waiver of Deficiencies The arcane implications of receiving a 1099 after a short sale or a foreclosure are as complex as the opening lines in Sir William Shakespeare’s’ Hamlet. Thus, the question  is not; “to be or not to be” but, rather whether to waive a deficiency or not.. and that is the question. […]

Controversy Surrounds Florida's 5-Year Foreclosure Statute of Limitations

Mon Apr 7, 2014 by on Florida Law News

Important update on Florida foreclosure laws that homeowners need to know. When does the 5-year statute of limitations law actually kick in? How is it measured? Do you know the difference between an ‘intent to accelarate’  vs. a ‘notice to accelerate’? Do you know when the statute acually starts? This is tricky as banks are re-foreclosing on already foreclosed homes. Don’t […]