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If a home is eventually foreclosed upon, the lender will generally sell the property in order to recoup money lost on the loan. The right of redemption gives mortgagors the opportunity to reclaim their property and stop a foreclosure sale from happening, or, in some cases, even repurchase the...
For example, if you live in Florida, but the person you’re entering into a contract with is in Texas, you might add a choice of venue clause to specify where you’d resolve the dispute. This would let you sue in your county in Florida if the other party doesn’t perform their oblig...
Some associations can levy massive fines that can become a lien on your house and lead to foreclosure. Keep the stakes in mind when you are deciding how far to take your fight. Don’t quit paying your dues. No matter what you’re arguing about, make your monthly payments ...
Account owners are eligible for those withdrawals without penalty if they claim a qualified hardship, such as purchasing a primary residence, avoiding eviction or foreclosure, and dealing with a medical emergency or loss due to a natural disaster. In August, Bank of America’s 2023 Participant...
However, there are downsides to a property trust. Firstly, if you purchase the property under a land trust, any redemption rights are lost—that is, the right to reclaim the property just before (or after) foreclosure. Second, most land trusts are automatically disqualified from secondary market...
Why we must stop them Visualize a field with blooming wild flowers; it seems to be endless. This is a national preserve, which means it's public property and everyone is allowed to go there for a walk, pick flowers, or house a beehive and make honey. There is a great diversity ...
We dissolved into two firms Thank You! Farshchian Law, P.A. Jurado & Associates, P.A.
“Florida’s soaring home-foreclosure rate was still 78 percent higher last month than it was a year ago.” “‘I don’t think the worst is here yet,’ said Dan Dowling, president of a mortgage brokerage in Altamonte Springs. ‘For many of them, there’s just no escape, no remedy,’...