Broward County Now Requires Ten-Day notice to cancel foreclosure sales
Posted By
Admin on Mar 23, 2011 5:54am PDT
Broward County is now requiring a ten-day notice to cancel residential foreclosure auctions, a move that certainly could pose major problems for homeowners, especially those that are trying to complete short sales or loan modifications.
According to a March 7, 2011 administrative order signed by Broward Chief Judge Victor Tobin, anyone seeking to cancel a home foreclosure in Broward must file a motion that will be scheduled for a hearing within ten (10) court business days.
Previously, Broward foreclosures could be canceled only hours before the sale.
As we are all aware the lenders often will negotiate a short sale or a loan modification even after filing a foreclosure notice, and most times those deals aren't reached until the last minute.
This will have unintentional consequences; as usual it's the homeowner that gets the short end.
Since last May, Palm Beach County has required a seven-day notice to stop foreclosure sales.
However, Palm Beach County judges seem to understand that short sales and loan modifications tend to be finalized at the last minute and in cases have stopped the sale on the morning of the auction.
Our office has and continues to defend homeowners across the state of Florida from Miami to Vero Beach, in Collier and Lee County on the west coast, and in Orange and Seminole County.
Call the Carman Law Firm at
(561) 392-7031 or toll-free at
1-800-763-0775. You can also email us, get answers you need and schedule an informative and free comprehensive consultation on how the Carman Law Firm can help you.