It seems that every time you turn on the radio or television in Southwest Florida, all you hear is a new advertisement from a mortgage modification company and how many modifications are getting done and how good the banks are doing at saving homes. Â If you call the latest scam company, they can help you [...]
November 2009
This is part II of this series. Part I of the Surrendering Your Home in Bankruptcy series can be found at this link. It is said that the decision to purchase a home is the largest decision and largest single investment that most people will ever make. So, it stands to reason that the decision [...]
#3 We Have a Premarital Agreement – What Does That Mean? This continues the series “I’m Filing, My Spouse Isn’t-What Happens?” The series is introduced here. I am assuming when you ask this that your premarital agreement is in writing, and properly executed under the laws of the appropriate state. Great! This will help identify [...]
CNN reports that the Treasury Department is ramping up efforts to coerce banks into modifying more mortgages. The reason is, of course, that the number of mortgages that have been modified under the HAMP (or any other) program have been insignificant: For example, fewer than 5% of the trial adjustments on loans owned or guaranteed [...]
Foreclosures in Connecticut are unlike foreclosures in 48 other states.  (Connecticut and Vermont share this weirdness.)  In most cases, a foreclosure does not result in an auction.  Usually, the lender will just come to own your property without an auction.  How does that happen?  Read on. Connecticut is a Title Theory state.  That means that every [...]
