Reverse Mortgage in Florida – Shipp Law Legal Blog

A Florida Breach of contract is a legal cause of action in which a contract or binding agreement, is not adhered to by one or more of the parties to that contract. The non-adherence can be non-performance, failure to act or the inaction.

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For reverse mortgage borrowers. clients are referred to me by legal professionals or wealth managers, and most of my homeowners are working in concert with adult children. Property tax.

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Reverse Mortgage in Florida – Shipp Law Legal Blog Unlike traditional mortgages, reverse mortgages aren’t eligible for modification, so you won’t be able to delay foreclosure by applying for a loan modification. Depending on your situation, it may make sense to hire an attorney to defend you from foreclosure while you try to sell the home.

Reverse Mortgage Solutions’ verified complaint, however, alleges that Mrs. Smith is the owner of the subject property, an allegation Mrs. Smith admits in her answer. 7 Paragraph 17 of the mortgage reads, in relevant part, as follows: "This Security Instrument shall be governed by Federal law and the law of the jurisdiction in which the.

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