The Andres Lopez Law Firm

January 2015 Archives

Homeowners may get the surplus money from foreclosure sale

If a homeowner dealing with foreclosure cannot keep their home at the end of the proceedings, the next best thing could be to get their share of the proceeds after the house is sold. These funds could go a long way toward helping you set up your new household, and move on from the foreclosure.

Foreclosures down 42% in Broward County, but could go up in 2015

The worst of Florida’s foreclosure crisis may be over, with new filings down 42 percent in Broward County last year. However, the state remains number one in the U.S. for foreclosures, and one expert believes there will be another wave of them in 2015.

It may be possible to keep your home, avoid foreclosure

Going to court to fight foreclosure of your home is an available option, but in most situations homeowners will try to negotiate with the lender first. Resolving the dispute out of court may work out best for both sides, especially if it allows you to keep your home and perhaps salvage your credit score.

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