Sunday, February 13, 2011

Assignments of Mortgage

An explanation of assignments of mortgages by foreclosure defense attorney, Richard Shuster. Filmed at Brevard County Courthouse. Shuster & Saben is a law firm that defends homeowners facing foreclosure in Miami-Dade, Broward, Palm Beach, Collier, Lee, Indian River, and Brevard Counties. If the assignment of mortgage is dated after the date a foreclosure lawsuit is filed the case should be dismissed.



http://www.youtube.com/watch?v=6KWGNUHbFdM&hl=en

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Thursday, January 20, 2011

What is a Short Sale?

A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property's loan.[1] It often occurs when a borrower cannot pay the mortgage loan on their property, but the lender decides that selling the property at a moderate loss is better than pressing the current debtor. Both parties consent to the short sale process, because it allows them to avoid foreclosure, which involves hefty fees for the bank and poorer credit report outcomes for the borrowers.



http://www.youtube.com/watch?v=jr9hLbRTEhk&hl=en

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