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Blog Archives - Page 7 of 11 - Reyes Law Group

Facing a Foreclosure Trial

Banks Must Prove Their Case… Especially at a Foreclosure Trial!  The “rocket-docket” is in full bloom across tri-county South Florida courtrooms. Homeowners and investors are now routinely confronted and challenged to speedily make major decisions regarding their foreclosure cases, in some instances, from one day to the next.  Judges are expediting cases to a foreclosure trial whether the parties – both Read More

Short Sales Predicted to Rise

Short Sales Should Continue to be on the Rise Throughout 2014 A recent Daily Business Review article published an article by local real estate guru Jack McCabe which predicts real estate prices will continue to rise but at a slower pace in 2014.  And to me, that makes sense. The uptick in the South Florida market in 2012-13 was driven mainly by large, hedge-based investors buying from homeowners Read More

Deal With Your Foreclosure Lawsuit

Don’t Go Unrepresented and Become a Foreclosure Lawsuit Victim! Over the last 5 years through the housing meltdown and recent resurrection, the question remains, … where are we?  The Sun Sentinel reports, “South Florida’s housing market in 2013 was a tale of two halves.  The first was robust and frenetic, with annual home prices climbing quickly as investors and traditional buyers competed for Read More

Writ Of Possession

What Do You Do When The Sheriff Shows Up With A Writ of Possession? In today’s foreclosure crisis, nothing can be more frightening, stressful, and frankly more shocking than to hear a knock on your front door, only to find a sheriff delivering a “writ of possession”. A “writ of possession” is used in foreclosure actions to enforce a judgment to recover possession of a property. It commands the sheriff to enter Read More

Real Estate Auctions

BUYER BEWARE … Buy at a Real Estate Auction AT YOUR PERIL! When you’re an investor buying through real estate auctions the frequency of purchases increases exposure for bad decisions.  This generally means that developing a relationship with an experienced real estate attorney has been, and continues to be, a good proposition. Today’s foreclosure crisis creates distress for many and opportunities Read More

The Rocket Docket in Florida

Lenders Moving Along With the Rocket Docket! For those of you unfamiliar with the term “Rocket Docket” it refers to a legal court that’s known for getting hearings and trials done quickly. Last year was a difficult year for homeowners and investors facing foreclosure!  This year, cases are rolling along to a faster conclusion than at any time during the meltdown of the last 5 years.  Whether it’s the new Read More

Housing Rebound?

Housing Rebound Means Banks Resume Foreclosures! How do you increase foreclosure filings?  By having a “housing rebound” of course! The Bloomberg News has reported that Florida had the highest foreclosure rate in 2013.  Economics professor Anthony B. Sanders of George Mason University has been quoted as stating, “You have to get to the point where the market can heal itself and foreclosures and price Read More

The “Foreclosure Maze”

In A Foreclosure Maze? We Offer The “Stair-Step Approach” When faced with possibly losing your home, homeowners may feel trapped in what seems like a “foreclosure maze”. Lenders are very happy to deal with overwhelmed homeowners. Many of my readers and clients should recall, we have  argued all along that challenging the bank to “prove their case” (once you have been sued) can be very effective. Time Read More

FIRPTA

FIRPTA…Where Danger Lurks for the Unwary Buyer & Parties The Foreign Investment in Real Property Tax Act of 1980 (otherwise known as FIRPTA) can be confusing, misleading, and easily lost in the shuffle of a closing.  Yet, this law can lead to dangerous consequences for the unwary buyer, seller or professionals involved in the transaction. Every real estate transaction in Florida and the United Read More

Attorney Fees Resulting From A Foreclosure

Are You “Entitled” To Attorney Fees From Your Lender? Could you be “entitled” to attorney fees as a result of your foreclosure? Well, the answer is, it depends. It depends on a few things, but it all starts with having the right attorney handling your matter from the beginning. While each case is different, there are certain legal requirements that need to be fulfilled during the pendency of your case that, if not Read More