A recent article in USA Today indicates that short sales increased 10% from a year ago, and now account for 12% of nationwide home sales. The article touts the benefits of short sales as an alternative to foreclosure, including a shorter turnaround time and reduced impact on the neighborhood. You have to read the last...Read more
Written and Contributed to Kooperman Law Offices by Ken Mirkin, Esq. Receiving a foreclosure complaint can be a very intimidating and alarming event. The good news is a foreclosure action can actually yield...
A Florida court found that Bank of America wrongfully foreclosed on a home (the homeowners did not owe the bank a dime) and ordered the bank to pay the legal fees incurred by the homeowners in defending against the foreclosure. After five months, the bank refused to satisfy the judgment. Not to be outdone, the...Read more