Friday, February 12, 2010

Florida Foreclosure and Eviction Alternatives

The Washington Business Journal has reported that Citigrouphttp://www.citimortgage.com/ is planning to announce a pilot program that would allow homeowners to stay in their homes for up to 6 months as long as homeowners keep the property in good condition and transfer legal ownership to the bank.

Before signing over your legal ownership, speak with an attorney.

Tuesday, November 03, 2009

CATTLE FACE EVICTION

BradentonHearld.com reports that Restoration and Tropical Soda Apple have lead to the eviction of 200-300 herd of cattle.  The cattle are owned by the Manatee County Sheriff's Office which uses the cattle to feed the county inmates and sells the beef to pay the county $100,000 per year.

The restoration plan will involve the hand-planting of 1.7 million pine trees.  Tropical Soda Apple is a noxious weed from South America. 

The County Commissioners are reported to issue the eviction orders.

The cows will be finding a new home as there are plans by a company to lease the cattle.

See story below:
http://www.bradenton.com/news/local/story/1825271.html

Friday, October 30, 2009

Round Two of the Foreclosure Crisis

Newsweek Magazine has reported that our Nation is going to be faced with Round Two of the Foreclosure Crisis: Unemployment.
Phase One was a result of mortgage loans and as many homeowners have been fighting to stay in thier homes by taking advantage of loan modification programs however the next wave in our economy - unemployment is going to make it difficult to qualify for a modification.  It is predicted that Round Three will involve the adjustable rate loans defaulting until about 2011.
This all produces a ripple effect impacting homeowners, investors, landlords, and tenants. To read this article go to: http://www.newsweek.com/id/220080


Before renting do your due diligence to avoid having to evict or being evicted.  Familiarize yourself with the Florida Statute Chapter 83.