You see ads for these credit monitoring services everywhere–on television, online, in magazines. There’s the one with the commercials featuring the slacker dude who would be so much better off if he’d gone to the “free” website and signed up for the paid service. There’s the one with the overly-emotional woman whose kids were apparently [...]
November 2009
FTC takes on freecreditreport.com for misleading consumers about paid services.
More Americans are feeling the pain caused by the economy. Despite what you hear on your local news or national news, America is still in a recession. I really don’t care what the White House or CNN says about the economy. I listen to my clients, and what they are saying isn’t good.
If you don’t understand the difference between an escrow shortage and an escrow deficiency – you are not alone. Many attorneys even get this confused. Regulation X defines a deficiency as the “amount of a negative balance in an escrow account.” This happens when a mortgage servicer has advanced funds to cover disbursements (such as [...]
Short sales in Southwest Florida, especially Lehigh Acres, Cape Coral and Fort Myers are nothing new. Â We have been living with this problem for a while. Â The new trend is for buyers to put in multiple offers on different properties creating a kind of buying frenzy. Â This behavior may have been brought on by the [...]
Our second key player in the short sale process is the homeowner. Â Obviously, the homeowner is the one player with the most at risk. Â By the time they are entering the short sale process, not only are they significantly underwater on their homes, now they are also at least three months behind on their mortgage [...]
