Home » Archive

Articles tagged with: deficiency judgment

Florida Foreclosure Help »

[21 Feb 2011 | No Comment | ]

Hundreds of thousands of South Floridians are underwater on their mortgages, which could have profound impact on the region’s economic recovery, or lack of.
By TOLUSE OLORUNNIPA
tolorunnipa@MiamiHerald.com
Wesley Ulloa bought her first condo for $230,000 in 2007, and watched helplessly as it lost two-thirds of its value during South Florida’s historic housing market tailspin.
The 24-year-old real estate agent has been selling units in her Coconut Grove building for $80,000, a figure that makes her shudder each month as she makes her mortgage payment.
She’s one of hundreds of thousands of South Floridians …