Reverse Mortgage in Florida – Shipp Law Legal Blog

Legal issues involving reverse mortgage defaults generally require the assistance of a lawyer. Like any loan, a reverse mortgage can be a complicated mechanism, and may be difficult to understand in practice. You may wish to hire a real estate lawyer if you need assistance with real estate issues such as reverse mortgage defaults. Your attorney.

Going forward, Palmero stands as a significant cut against the broad interpretation of Smith and Edwards that many florida trial courts had adopted in order to hold that a surviving spouse had the legal right to remain in property secured by a reverse mortgage after the borrower’s death.

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Florida Reverse Mortgage Rates These rates are averages taken from data reported by the Department of Housing and Urban Development each month. Though it may not be possible for you to get the exact interest rates shown here, looking at the past few months of rates should give you an idea of what lenders in Florida should be offering you.

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That’s apparent when Florida is compared to 28 other states whose minimum wages are higher than the $7.25 an hour minimum wage set by the federal government. That’s what the remaining 21 states.

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(2) Lady Bird Deed for Non-Homestead Properties . Second homes or income-producing properties are not protected by homestead in Florida. They may or may not be protected for medicaid purposes (talk to your elder law attorney to discuss strategies to ensure that they are).

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Smith announces that a class action lawsuit has been filed in the United States District Court for the Southern District of Florida on behalf of all purchasers of the securities of Walter Investment.

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