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Condo Boards Finally Get Their Comeuppance

Tue Mar 7, 2017 by on Florida Law News

  Condominium ownership is an extremely popular source of home ownership in South Florida; but what most people do not know is the number of issues that arise when living in a condominium. Condominiums are managed by a board of directors that oversee all the matters dealing with the residence.  The owners of the condo units are members of the […]

The Academy Awards Best Picture Debacle

Tue Feb 28, 2017 by on Florida Law News

PricewaterhouseCoopers, the Academy, and the age-old Law School Exam question…Who is liable to whom and for what? If you have not already heard about the big mishap at Sunday night’s Academy Awards, let me give you a quick synopsis. (1) Warren Beatty and Faye Dunaway (Bonnie and Clyde) are on stage to announce the highly contested winner of the Best […]

The Elusive American Dream of Home Ownership is Morphing to Home Renting.

Mon Feb 6, 2017 by on Florida Law News

  The traditional “American Dream” of home ownership is becoming less attainable for a lot of Americans.  Since the housing crisis in 2007, the process of owning a home has created more obstacles leading many Americans to home rentals instead of purchases (if you want more information about purchasing a home, take a look at our blog from last week […]

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 […]