Florida Realtors News and Announcements

Tuesday, October 13, 2015

Loans are getting Approved

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Expectant Price Growth

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EHS Over Ten Years

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Watch this video for area information




Watch this video for information on the
Punta Gorda, Port Charlotte, North Port, Englewood -Charlotte & S Sarasota areas



Creditor protection: 

Four types of creditors can still force the sale of a homestead to collect debts owed to them. 
These are:

  1. The State of Florida and its counties or municipalities, to collect past due property taxes;
  2. Parties to whom the property was specifically pledged as credit for a mortgage;
  3. Mechanics who are owed money for work performed in repairing or improving the property.
  4. Any creditor with a lien that pre-dates the establishment of homestead. This usually includes condominium and mandatory homeowner association liens, depending on the language and age of the covenants.