Waiver of Deficiency

Waiver of Deficiency and the Mortgage Forgiveness Tax Threat Many a lawyer or realtor will tell a would-be client that they’ll negotiate a short-sale approval that includes a waiver of deficiency. A waiver of deficiency is the difference between what the borrower owes and what the bank would sell the property for at auction. They’ll caution that the tax exemption for amounts forgiven by the banks expired in Read More

Homeowners Going to Trial Can Win and Recover Attorney Fees

Going to Trial Always Remains a Viable Option Going to Trial always remains a viable option, especially when we know that 90% of all loans over the last 10-15 years were “securitized,” meaning transferred from bank-to-bank.  This one fact alone makes it clear that lenders need to do their homework if they’re going to go to Trial and prove their case!  The best evidence that this is not such a “walk in the Read More

Miami-Dade and Broward Counties Still Lead the Nation in Foreclosures

Sad but true, Miami-Dade and Broward counties still lead the nation in foreclosures. This, despite a 25% year-over-year drop in foreclosure activity during the first quarter of 2014.  According to RealtyTrac, statewide, Florida had the highest foreclosure rate in the first quarter.  One in every 129 homes in the state dealt with some form of foreclosure. Our practice areas have grown over the last 5 Read More

Reyes Law Group Announces New Legal Assistant

We welcome Angel Morales, our new legal assistant. Carlos J. Reyes, Founder of Reyes Law Group, is pleased to announce that Angel Morales has recently joined the firm as a legal assistant. Morales will be supporting the Reyes Law Group litigation team and their attorneys with case administration, coordination, and management, and will have responsibilities for overseeing and organizing systems to manage the Read More

Realtors, the “Procuring Cause”, and … Fairness!

Realtors have been the back-bone of Florida’s real estate market for decades. Realtors invest time and effort in education, spend hours making cold calls looking for listings, and work days on-end tracking down sellers to sign listing agreements or find buyers to represent.  And, despite the internet age, realtors continue to add what seems to be an infinity of mileage to their cars as they show property after Read More

The Sell-Buy Dilemma

The “Sell-Buy Dilemma” is a real challenge. The Sell-Buy dilemma is akin to the “paralysis of analysis.”  And all you end up with is inaction, stress, and financial issues.  Friend and Realtor®  Alan Pellingra points it out this way: “The fact is, there are many homeowners who are desperate to move (in need of more space, a shorter commute to work, etc.). But year after year they stay in Read More

The Examining Committee in Guardianship Proceedings

An Examining Committee is appointed following strict guidelines. I received two excellent questions in response to my article “Understanding Guardianship”. 1. How does the court determine who will comprise the examining committee? I imagine it must consist of medical experts but will it also include other professionals such as social workers? In other words, is it up to the presiding judge’s discretion or is Read More

Understanding Guardianship

Guardianship will allow you to help those who can no longer help themselves Mental illnesses, such as Alzheimer’s disease, devastatingly impair an individual’s ability to take care of themselves, both physically and financially.  In most cases, these individuals have family members or friends who are willing take responsibility and make crucial decisions regarding their well-being.  However, these family Read More

Introducing The Reyes Law Group YouTube Channel

The Reyes Law Group YouTube Channel Will Answer Many Legal Questions You May Have We are pleased to announce a new platform we have been working on to expand the scope and coverage of our areas of practice. The Reyes Law Group YouTube Channel. This channel is intended to provide information to firm clients, friends and potential clients about various legal related topics. Here is the first video we have Read More

Sitting on Your Rights is Not a Solution

We can help preserve your rights! On more than one occasion I’ve told folks the economic crisis is not over, the economy remains mediocre at best, and sitting on your rights is not a solution! The signs are all around us . . . The U.S. “middle class” has now been eclipsed by Canada’s “middle class” according to this article in the NY Times. According to RealtyTrac, 31% of homes in Florida were Read More