Category: News Articles

Forgiveness of Debt Income in Loan Modifications

News Articles Farr Law
  Many clients are pursuing loan modifications, including short sales, that involve the lender writing off a portion of the loan balance.  While obtaining this form of relief can be very beneficial, it is important to...

A Long View on Short Sales

News Articles Farr Law
  Five years ago the talk at cocktail parties was about money made on the latest hot real estate flip.  Today it seems to be about how much banks are willing to write off, usually in short sale transactions.  Then as now...

Review of September Regional Economic Indicators

News Articles Farr Law
  Florida Gulf Coast University has released its monthly review of regional economic indicators for Southwest Florida.  Among the highlights for Charlotte County: Home Sales.  Charlotte County’s existing...