In this article, you will learn: The different types of title insurance in Florida Whether insurance is transferable when you sell or buy property How to choose the right title insurance policy for your needs What Types Of Title Insurance Are Available In Florida? As a homeowner, understanding the value of insurance and the type of insurance you need for your home is crucial. Title insurance is among the basic types of home insurance you need as a homeowner. In essence, there are two types of title insurance: Lender’s Policy This is a title insurance that you take out when you use mortgage money to purchase the property. Your lender will require you to get this type of insurance. Buyer’s or owner’s policy You purchase this type of insurance when…Read More
In the following article, we will explore: How different forms of bankruptcy can prevent or significantly slow down the foreclosure process on your Florida property. The ways in which applying for a loan modification can place a temporary pause on your foreclosure process. Common myths and misconceptions around foreclosure law, and exactly what you should expect when working with a foreclosure attorney. Does Bankruptcy Always Prevent Foreclosures In Florida? While it may not entirely prevent foreclosures in Florida, it is certainly true that bankruptcy can significantly slow down a foreclosure on your property. However, your foreclosure can be impacted in a variety of ways by the forms of bankruptcy you file for. For example: Chapter 7 Bankruptcy: The purpose of Chapter 7 bankruptcy is to eliminate any unsecured debts by…Read More
In this article, you will discover: The purpose of foreclosure mediations and how to submit a motion to begin the process. What to expect during the process and how you can be protected from foreclosure for the duration of your mediation. How an attorney can help you prepare to face bank representatives during mediation. What Is Foreclosure Mediation And How Does It Work In Florida? Foreclosure mediation is the process by which lenders and borrowers can resolve mortgage issues without the risk of foreclosure. During the litigation process, either party can request mediation, though the borrower typically makes the request. The goal in requesting a foreclosure mediation is typically to be able to sit down with a singular human representative rather than dealing with the bank or financial institution as…Read More
