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Tag: Florida short sale

The K shaped Economy: The End to Mortgage Relief Programs and the Housing Boom

The K shaped Economy: The End to Mortgage Relief Programs and the Housing Boom

The COVID-19 pandemic has created two distinct real estate market forces. One involves what will happen once the mortgage forbearance relief programs end while the other involves the current housing boom. While no one can negate the seriousness of the pandemic, there are those that liken the real estate market as “A Tale of Two Cities”: for as many of […]

Second Mortgages Lead to Misery or Modification for Florida Homeowners

Nearly 40% of homeowners who took out a second mortgage are underwater on their loans, but the news surrounding second mortgages isn’t all doom and gloom for Floridians, says Florida foreclosure defense attorney Roy Oppenheim. Second mortgages refer to any loan taken out on a property that is subordinate to the first mortgage, and include home-equity loans or lines of […]