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Certainly, Bondi is juggling a lot of cases, but there is hardly any issue more sweeping in its impact on Florida than the foreclosure crisis. For borrowers, a settlement offers a faster and more.
Florida Foreclosures. In Florida, foreclosures are judicial, which means the lender (the plaintiff) must file a lawsuit in state court. (To learn more about the difference between judicial and nonjudicial foreclosure, and the procedures for each, see Will Your Foreclosure Take Place In or Out of Court?)
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Short sales and Foreclosure Solutions A short sale, also known as a pre-foreclosure sale, is when you sell your home for less than the balance remaining on your mortgage. If your mortgage company agrees to a short sale, you can sell your home and pay off all (or a portion of) your mortgage balance with the proceeds. Depending on your situation, you may be required to make a.
Family . Florida Rules of civil procedure. family law matters fall under the umbrella of Civil Court. This Clerk of the Circuit Court department maintains records and performs case processing for all cases where damages sought exceed $15,000 and all domestic relations (i.e. divorce, child support, domestic violence), mortgage foreclosures, lien foreclosures and negligence actions.
The Foreclosure Report: ‘Unendurable Strain’ From ARM Resets The wave of twin cities foreclosures. ARM delinquencies to rise even more as interest rates start resetting on the loans this year and homeowners suffer payment shock as their monthly payments jump.
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Some judicial states are moving faster on foreclosure activity. In the third quarter, RealtyTrac noted substantial increases for New Jersey, New York and Indiana. Florida also posted increases..
· Deciding whether to sell your home as is or to upgrade it first can be overwhelming. Consider these factors in unloading your place for the most money.
Florida’s judicial-based foreclosure process has been blamed for slowing and prolonging the recovery of the state’s housing markets. States that do not require lenders and mortgage servicers to go.
Florida statutes provide that a foreclosure sale be held 25-35 days after entry of the judgment, but with all the foreclosures in the Florida courts, the Clerks have not been able to keep up with that time-table.
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New Smyrna Beach offers the best that Florida has to offer–excellent backwater and. A short sale is typically faster and less expensive than a foreclosure.