Joseph E. Seagle, P.A. is a lawyer for clients across Florida, North Carolina and South Carolina in legal matters related to real estate, corporate transactions, bankruptcy, and estate planning and probate. We consider ourselves to be "dirt, dignity, and debt" lawyers, walking hand-in-hand with those who need legal assistance in acquiring, protecting, selling and passing on assets, especially real estate. When things go wrong, we are there to assist clients with bankruptcy protections and foreclosure defense. We are unique in that we have strategic alliances with our affiliated title company and land trust company so that we are the only destination for most of our clients' asset purchase, protection and conveyance needs.
RSS FeedsWord on the street is that Fannie Mae is including some pretty tough clauses in REO sales contracts that prevent the buyer from selling or mortgaging the property for more than a certain amount within 120 days of closing. (click "RSS Feeds" above for more)
On May 20, President Obama signed the "Protecting Tenants at Foreclosure Act." Under the new law, if a federally-related mortgage loan (as defined in 12 U.S.C. 2602) is foreclosed or if the property being foreclosed is a dwelling or residential property, then the purchaser at the foreclosure sale takes the property subject to the pre-existing tenancy of a bona fide tenant. (for more, click "RSS Feeds" above)
