Fourth DCA Confirms Association Lien Foreclosure Valid Despite Pending Mortgage Foreclosure – Arias Bosinger

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The process of obtaining a new mortgage, usually at a lower rate, to repay and replace an existing mortgage. Construction: A lender offers one combination loan with a single loan closing. The Construction loan combines financing for the purchase of land, the construction of a new home, and a permanent mortgage in one loan with one closing.

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Distinguishing its prior ruling in U.S. Bank National Ass’n v. quadomain condominium ass’n, the District Court of Appeal of the State of Florida, Fourth District, recently held that a foreclosure of a homeowners association’s lien against the property owner filed after the recording of a lis pendens by a first mortgagee is not barred, where the association’s subordinate lien was.

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Types of home loans. Home loans are no longer just about signing up for 25 years and making regular loan payments – nor even just about trying to pay off the mortgage as quickly as possible. Flexibility and peace of mind are just as important, and there are a range of loan options that offer such benefits.

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