Blog Posts in June, 2011
Posted on Jun 11, 2011 By Florida Foreclosure Defense Attorney
It's really not hard to answer and none of this should come as a surprise. Many of these second mortgages or home equity loans were used as piggybacks to avoid paying mortgage insurance and to ...
Continue reading "Why are Borrowers with Second Mortgages more likely to be underwater?" »
Posted on Jun 9, 2011 By Deborah A. Carman, Esq.
The new report released by CoreLogic shows that nearly half of the mortgages in Palm Beach County are underwater, which means that the home is worth less than what is owed on the mortgage or inching ...
Continue reading "Nearly Half of the Mortgages in Palm Beach County Are Underwater!" »
Posted on Jun 6, 2011 By Admin
I am a middle class professional who due to illness and unemployment fell on difficult times and unfortunately fell severely behind on several credit cards. As I was recovering the thought of dealing ...
Continue reading "I Highly Recommend the Carman Law Firm!" »
Posted on Jun 2, 2011 By Florida Foreclosure Defense Attorney
Our client had purchased a condominium in Jupiter for her elderly mother making it an investment property. The condominium had been purchased in the height of the market and secured by a mortgage in ...
Continue reading "Is There a Way Out for Florida’s Underwater Real Estate investors?" »
Posted on Jun 1, 2011 By Deborah A. Carman, Esq.
Realizing that the likelihood of ever regaining the equity lost in his Lake Worth home was not good, our client focused on a Strategic Default and sought the advice of several well-known Florida ...
Continue reading "Most believe that there is no way out for Florida’s underwater homeowners, but this is not the case!" »