Every first year law student has learned about adverse possession while in law school. Most of them, maybe only momentarily, had thoughts of grandeur. Thoughts of “owning” a beautiful piece of property for doing nothing more than trespassing, paying some taxes, and making themselves at home. Read the rest of this entry
When people think of the “American Dream,” they think about working hard, paying down their mortgage, and giving their families a good, comfortable life. However, with today’s litigious society, paying down your mortgage could create unnecessary financial exposure. Thankfully, if you’re married, Florida offers a distinct form of property ownership called “Tenancy by the Entirety” which would protect the home in certain situations. Read the rest of this entry
Last February, Florida Attorney General and 48 other states entered into a settlement agreement with five of the nation’s largest mortgage servicers: Bank of America, Citibank, JPMorgan Chase, Wells Fargo, and Ally/GMAC. Their liability stems from their systemic abuse of the foreclosure process as well as inappropriate mortgage-servicing practices. Read the rest of this entry
What Is A USDA Loan? USDA Loans offer affordable 30 year terms with 100% financing. That means no money down!
No Money Down: For starters, a USDA loan is one of the only loan programs offered that allows you to finance 100% the purchase price. That means no down payment of any kind! Read the rest of this entry