While the housing market crash affected individual Florida homeowners on different levels, the recession had a huge impact on the state collectively. Countless homeowners were confronted with serious financial challenges, and thousands were forced into foreclosure. In...
Foreclosure
How does foreclosure affect your credit score?
While many financial experts would agree that foreclosing upon your home should never be your first choice for confronting financial challenges, it is a responsible and viable option in many cases. Still, foreclosure can have real and long-term effects on your credit...
What does foreclosure fraud look like?
If you and your family are facing serious financial difficulties, you may be facing the unfortunate prospect of foreclosure. Hundreds of homeowners across Miami and other parts of Florida are foreclosed upon every year, and many do all that they can to delay or stop...
Understanding and preventing foreclosure
There are countless circumstances under which Miami residents can find themselves confronted by serious financial difficulties and the unfortunate prospect of foreclosure. For many, being issued a foreclosure notice by a mortgage lender seems like a final decision. It...
Could filing for bankruptcy save me from foreclosure?
Being confronted by the prospect of foreclosure can be incredibly troubling, as you have probably been dealing with financial challenges and struggling to pay your mortgage for some time. Foreclosure often seems like a final decision, which provides you as a borrower...
Recent report sheds light on state of Florida foreclosures
Despite the fact that state and national news sources are beginning to regularly report on signs of economic improvement, many Florida residents continue to live under the burden of debt. Countless families are still living paycheck to paycheck, and a considerable...
South Florida escapes #1 foreclosure filings spot
There is some semi-good news to report about the continued foreclosure crisis in Florida. South Florida is no longer the number-one metropolitan area for foreclosure filings, according to recent data. It is now in third place, still quite high but an improvement...
Florida #1 in foreclosure, but new filings dropping
Foreclosure remains a big problem in Florida. The state had the highest rate of foreclosure in the country last year at 2.3 percent. Four of the five urban hardest hit by foreclosure in 2014 were in Florida: Miami, Orlando, Tampa and Space Coast. Only Atlantic City,...

