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Re: Anyone know anything about Finn Law Group? (by Don P.):
Even if the developer holds the ( mortgage ) debt . It is not a conventional mortgage. It is a debt not connected to the property as in a traditional mortgage . The point being is that unlike a mortgage there is no value in the property to support the debt . Also when a real mortgage gets foreclosed it goes back to the lender . In this case the owner gets hit twice once for the loan and another for the useless value of something he can't get rid of along with maintenance fees and assessment .
I want to keep it simple rather than legal jargon that can confuse people . I still recommend that anyone that decides they need the assistance of an attorney to find one right where they live .There are no miracle attorneys out there . They all go through law school and pass a bar exam before they can practice .
Yes there are many that are not competent as others and that is why I advise everyone to do their homework before hiring one . I would never choose an attorney based on a recommendation that I " read about " on the internet .
NEVER pay anyone money upfront that claims they can get you out of your contract !!! Now enough said .
Just one foot note . There were many people who raved about how good and investor Bernie Madoff was until his world fell apart . I'm just using that as an example of how much weight you put on someones recommendation .