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Monthly Archives: January 2017

The Race to the “Closing” Finish Line

Thu Jan 19, 2017 by on Real Estate Law

  Preparing for a marathon race can only be accomplished with the right advice and preparation to help you overcome obstacles and reach the finish line. Buying a home is analogous to the kind of preparation needed to reach the finish line. Having your real estate professional team prepare and coach you in order to avoid hurdles and make the […]

Are Tax Abatement on Principal Reductions Gone for Good?

Fri Jan 13, 2017 by on Florida Law News

The Mortgage Debt Relief Forgiveness Act of 2007 was enacted by Congress to exempt homeowners from having to pay taxes on forgiven mortgage debt by foreclosure sale, short sale or a deed-in-lieu of foreclosure. Last year, President Obama extended the this law through December 31, 2016.  Unless Congress can agree to retroactively extend the Act, homeowners will be taxed on […]

2017 Foreclosure Trends in South Florida

Thu Jan 12, 2017 by on Florida Foreclosures

There have been many recent important legal developments in the South Florida housing market that you should be aware of relating to foreclosures. As the rocket-dockets decrease, Judges will now be focusing on the importance of the banks producing real evidence and scrutinizing their arguments and their robo-witnesses’ testimony. This means evidence that banks and others have gotten away with in […]

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