Hurricane and Homeowner’s Insurance Bad Faith Claims

The homeowner’s insurance industry in Florida is unique in many ways. Due to its geographic location, Florida is exposed to a significant amount of risks due to tropical storms and hurricanes that bring devastating winds and flooding. From 2004-2006, the area was hit by many hurricanes including Katrina, Charley, Frances, and Iva among others. This resulted in billions of dollars in homeowner’s insurance claims, which nearly bankrupted many ...
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4 Reasons Why Attorneys Can Be Your Biggest Allies if You are Getting Your Loan Modified

If you have fallen behind on your mortgage payments, you might have heard about loan modification options that are available. These modifications can be offered by the mortgage company on their own, or through one of several government programs designed to help keep people in their homes when going through financial difficulties. Mortgage companies tend to try to work with you directly on these types of things, which on the surface may seem ...
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The Notice of Claim: Understanding Florida Chapter 558 Claims

When a construction company is building a structure for a customer, it is expected that when everything is completed, everything will work as it should. Given the complexity of these projects, however, it is not extremely uncommon to have a defect occur somewhere along the way. In most cases, these defects are fairly minor and can be remedied without any trouble. When the defect is more significant and not something that the property owner can ...
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A Brief Guide to the Interstate Land Sales Full Disclosure Act (ILSFDA)

Purchasing a pre-construction condominium, home, townhouse, or other structure can be a really exciting event. When everything goes according to your expectations, you will have the time you need to prepare to move into your new home. Upon its completion, you’ll be living in a brand new home with all the latest and greatest features that you want. There are times, however, that things don’t go according to plan. If or when this happens, you need ...
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5 Tips on How to Get Your Mortgage Loan Modified

When facing a difficult financial situation, and you are finding it hard to make your monthly mortgage payments, you need to make sure you consider all your options. For many people, a mortgage loan modification is an excellent option that can help to avoid foreclosure, reduce monthly payments, and put you in a stronger financial position for the future. When seeking a mortgage modification, it is important to get it done correctly to avoid ...
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How Does Bankruptcy Affect My Ability to Successfully Get Approved for Loans?

If you are in a position where it has become necessary to file for bankruptcy, it is important to know how this will impact your life. While there will certainly be some very positive changes from the restructuring or elimination of debt, there is also the potential for some challenges. Specifically, qualifying for loans can be much more difficult after a bankruptcy. Understanding specifically how the bankruptcy will cause these challenges can ...
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Understanding Florida’s Foreclosure Rescue Fraud Prevention Act (FFRFPA)

Given the high number of foreclosures that take place in Florida, it is really no surprise that there are many people who try to take advantage of the situation. One of the ways that this can happen is through fraudulent foreclosure rescue programs or services. When someone is in foreclosure, or at risk of foreclosure, they are typically going to be under a lot of stress, and are afraid that they will lose their home. Criminals can prey on ...
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Short Sales: What are They and How Do They Work?

If you are ‘underwater’ on your mortgage, meaning you owe more than it is worth, it can be a difficult situation to overcome. If you’re falling behind on your payments, and believe a foreclosure may be in your future, you do have some good options. One of the solutions that works well for people is to seek a short sale. Simply explained, a short sale is when you sell your home to another party for less than what is owed, with permission from ...
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5 Things to Know About Mortgage Modification

If you are having trouble making your monthly mortgage payments, you may want to consider seeking a mortgage modification. There are several modification options that mortgage companies can offer, each of which can help you to get caught up and arrange payments that are more affordable going forward. When first looking into this option, many people become overwhelmed with all the information. To get started, take some time to learn the following ...
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Selling Your Home: 6 Tips to Help You Maximize the Appraisal

When getting ready to sell or refinance your home, one of the first things you’ll need to do is have it appraised. An appraisal provides you with the general value of the home, which is then used by banks for approving loans and has a big influence on the property’s asking price. With this in mind, you want to do everything you can to maximize the appraised value. The following tips can push the appraised value of your home up by thousands of ...
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