Our discussion with Camino Realty on the CFPB, TRID, CD and Closings

We enjoyed our discussion with Camino Realty regarding what every realtor should know about Consumer Financial Protection Bureau (CFPB), TILA RESPA Integrated Disclosures (TRID), the Closing Disclosure (CD) and closings on and after October 3, 2015.

Commercial collection services

I have commenced an association with Steven Gutter, a highly respected creditors’ rights attorney who will be working with me in the area of commercial collections. 

Steven has extensive experience (over 35 years) representing business owners in commercial collection matters. His area of expertise is imputing uncollectible corporate debt to the debtor’s insiders, successors, and family members.  Very few attorneys practice in this area.

 Because of this association, I am now able to provide solid commercial collection services for businesses on a modified contingency fee basis.  That translates to a small non-contingent advance fee (usually a small percentage of the debt), a cost deposit the amount of which is a function of the size of the debt, and a 30% base contingency rate.  There are no hourly fees unless a counterclaim is filed by the debtor, in which case we will bill our time in defense at a reduced hourly rate in addition to the contingency.

If you believe I can assist you in your commercial collection endeavors, please do not hesitate to contact me.

Can HOA Fees Stop a Closing from Taking Place?

Can HOA fees really stop a real estate closing from taking place? Yes; HOAs in Florida are known to attach liens and other unpleasant items that become encumbrances on title for various reasons, and they are known to prevent closings from happening. This is frustrating to say the least, and it places an undue burden on the housing market of the Sunshine State.HOA fees

HOA liens have become a sad reality for many communities in Palm Beach County and across the state. This has become a prominent issue since the bursting of the housing bubble and the avalanche of foreclosures that started circa 2007. Unpaid HOA fees quickly depleted the coffers of many gated communities and condominiums; this turned into problems with trash collection, landscaping, exterior maintenance, and even cable TV service. As a result, many HOAs began to file liens on abandoned and foreclosed properties. Continue reading

Hispanic Homeowners Hit Hard by Foreclosure

According to a recent article in the Orlando Sentinel, among those hardest hit by the housing crash were Hispanic homeowners. In some instances, these homeowners may have fallen prey to unscrupulous loan officers who burdened them with terrible sub-prime mortgages; while in other situations, their problems may have stemmed from a language barrier. Unfortunately for many of these Hispanic homeowners, the end result has been foreclosure and the eventual loss of their homes and hard-earned money.Forclosure, Coomber Law Continue reading

Foreclosures Continue to be on the Rise in Florida

boca raton foreclosure attorneyThere is both good and bad foreclosure news for Floridians. The good news? Nationally, the number of foreclosures has been steadily declining. According to a report released by CoreLogic, a mortgage-tracking firm, the number of foreclosures nationally in November 2012 had dropped 23 percent from the same time in 2011. The bad news?
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Introduction to Kristin Coomber, P.A.

real estate attorney boca ratonReal estate transactions are often very complex and confusing, yet it is not unusual for people to balk at paying a real estate attorney to help guide them through what can be trying and difficult negotiations. However, not paying for the knowledge that an experienced real estate attorney can provide could actually end up costing you more money in the long run if an important deal should fall apart or you should unknowingly agree to an unfair settlement. Continue reading