Scott J. Kennelly

Scott J. Kennelly

Rogers Towers

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Rogers Towers: Florida Deficiency Proceedings: Establishing the Value of the Property

Following a foreclosure sale, a secured creditor may seek a monetary judgment for the deficiency amount that remains owed to it by the borrower. If the creditor was the successful bidder at the foreclosure sale, it has the...more

3/12/2013 - Broker Price Opinions Deficiency Judgments Fair Market Value Foreclosure Secured Creditors

Rogers Towers: Florida Foreclosure Sales: Developing a Maximum Bid

A secured creditor who obtains a foreclosure judgment has the ability to “credit bid” at the foreclosure sale up to the full amount indicated in the judgment, without being required to deposit any funds with the Clerk of the...more

2/28/2013 - Credit Bids Foreclosure Secured Creditors

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