Although it is a process no one wants to go through, unfortunately, foreclosures happen all too often in Florida. The process is a stressful one for homeowners. Not only are they experiencing a lot of emotions at the thought of losing their home, but the process is also complex. While…
Category: Foreclosure Defense
It was in late March that the federal government froze foreclosures on FHA loans but, unfortunately, some lenders in Florida have chosen to ignore the order. In response to this, Governor Ron DeSantis signed an order that halted all foreclosures and residential evictions for reasons of non-payment for the next…
Even though the federal and state governments have placed a freeze on certain foreclosures, with Governor DeSantis halting the Florida foreclosure laws and proceedings, some Florida homeowners are still in trouble. According to a new study, many Floridians will likely face foreclosure in the months after the coronavirus crisis has…
Most people are aware of how traditional mortgages work. A borrower takes out a home loan to purchase a house and that loan is payable within a certain amount of time. That amount of time is typically between 15 to 30 years, but payments are made on a monthly basis….
Zombie foreclosures occur when a lender has started foreclosure proceedings, yet the borrower leaves the home before the foreclosure process has been finalized and a judge has issued an order for them to leave the property. Soon after the housing crisis in 2008, the number of zombie foreclosures skyrocketed all…
It is true that in most cases, lenders do not want to foreclose on a home. The process for them is lengthy, and they typically do not receive the full value of the loan. Unfortunately, sometimes lenders really do want to foreclose on a home. This could be because the…
Ever since the foreclosure crisis hit Florida in 2008, there have been new foreclosure defense attorneys opening their doors on a regular basis. This is evident by the number of billboards seen throughout the state and the amount of television commercials attorneys create to draw in more clients. Many of…
Loan Lawyers, LLC is licensed to practice law in the state of Florida. If you have a legal matter that you would like to discuss and you are NOT located in Florida, please contact your state’s Bar Association to get the information of a lawyer who can assist you in…
When a lender forecloses on a home, the process typically tends to happen very quickly. It is for this reason that anyone facing foreclosure should speak to a foreclosure defense lawyer right away. However, there are times when the process is delayed, either by the bank or the borrower. In…
