Category Archives: Mortgages

Everything You Need To Know About Florida Deficiency Judgments – Part I

What must a lender do in order to obtain a judgment in Florida when the sale proceeds are not enough to pay off the debt of the property? Al LaSorte explains what a deficiency judgment is and how to navigate the legal landscape in obtaining one. CONTINUE READING...

Failure of a lender to comply with conditions precedent to initiating a foreclosure absent prejudice does not constitute a defense to an otherwise valid note

In Caraccia v. U.S. Bank, N.A., the address used by the lender to send the default notice was ruled to be valid even though it was not the current property address because the PO Box address used was considered a valid address since it was provided by the owner to the U.S. Postal Service. CONTINUE READING...