A Blog About Real Estate Investing and The Law

Thoughts from the Law Office of Raymond Carrero, P.A.

How Banks are Managing the Foreclosure Case Load and Robo-Signing

By now, most people have heard of the robo-signing scandal in Florida foreclosure cases. For those who haven’t, here’s a brief recap: Lenders bringing foreclosure actions in Florida typically use an affidavit of a bank employee in order to obtain a summary judgment (a final judgment without trial). However, it was discovered that some of the affidavits used for this purpose (along with some other loan documents) were falsified (either by the lenders or their law firms).

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Foreclosure & Personal Liability

People often ask whether someone can be sued personally while (or after) being foreclosed. The short answer is: Yes. The better answer is: It depends. In Florida, many firms that handle foreclosure cases choose to sue defaulting homeowners on two counts: (1) for... read more

Attorneys & Real Estate Closings

During the real estate boom of the mid-2000’s, the number of real estate transactions conducted in South Florida (and throughout the U.S.) increased to unprecedented numbers. The sheer volume was so high, that many buyers, sellers and real estate professionals... read more