Tuesday, June 09 2009 23:33 |
Wade Vose was quoted in a recent article in the Orlando Business Journal concerning the recent increase in filing fees for mortgage foreclosure and real property-related cases.
Regarding this increase, Vose was quoted as saying: The change could leave lenders with a “massive new fee to even start down the road” to resolve unpaid mortgages, said Wade Vose, a partner at the Winter Park-based Vose Law Firm LLP. All real estate-related cases — including foreclosures, construction liens, boundary disputes between property owners and other disputes over real estate — will be affected, he said. ... Adds Vose, “Part of the way real estate corrects itself is through litigation of these issues, and the fees seem counterproductive to helping work out the real estate imbalance in Florida.” The article can be reached here. |