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By Andrew Pascale Esq.Florida Foreclosure Defense Attorney If you’re a homeowner in Ormond Beach, Florida, and facing foreclosure, understanding your rights and options is crucial. Known for its picturesque coastline and vibrant neighborhoods, Ormond Beach residents can find themselves struggling with mortgage challenges during uncertain times. Foreclosure defense legal services tailored to Ormond Beach can…

By Andrew J. Pascale Esq., Florida Foreclosure Defense Attorney Reverse Mortgages: When Retirement Gets Complicated Reverse mortgages offer older homeowners the ability to tap into their home equity without monthly payments. But too often, those same homeowners—or their heirs—find themselves facing foreclosure. Florida courts have heard it all: wrongful foreclosures, skipped steps, and grieving heirs…

What is an Acceleration Clause? An acceleration clause is a provision in a mortgage agreement that allows the lender (mortgagee) to demand the full repayment of a loan if the borrower (mortgagor) defaults on their payments. For example, if a borrower misses a payment on the principal or interest, the acceleration clause can make the…

What Are Future Advances? A future advances clause allows a lender to provide additional funds to the borrower beyond the initial loan amount, all under the original mortgage agreement. This means that any future funds advanced are treated as part of the initial mortgage, preserving the priority of the original loan over subsequent claims or…

Imagine a lender (the mortgagee) decides to pass their rights under a mortgage to a new lender. This is what we call a mortgage assignment. It’s important to note that if the rights were transferred to the borrower (the mortgagor), the mortgage would be extinguished due to the legal principle of merger. Florida law recognizes…

When it comes to handling a loved one’s estate, one of the most common questions that arises is, “Does a will have to be probated?” The short answer is yes, in most cases.  What Is Probate? Probate is the legal process through which a deceased person’s will is validated by a court and their estate…

Making Sense of Florida’s Estate Administration Rules What Is Summary Administration? Summary administration is a streamlined probate process that allows for quicker resolution compared to full administration. Designed for estates with limited assets or those where the decedent has been deceased for an extended period, it eliminates the need for a lengthy court-supervised probate. Eligibility…

Navigating probate and estate planning can be tricky, but one thing that often comes up is how homestead property is handled. If you’re dealing with an estate in Florida, it’s important to know how homestead property works. In Florida, homestead property is unique from other assets. If the deceased left behind a spouse and a…

Understanding Fraudulent Liens and Their Implications Construction liens are a powerful legal tool, offering contractors, subcontractors, and suppliers a way to ensure they are compensated for the work or materials provided to a property. However, this tool, when misused, can backfire spectacularly. Exaggerating claims in construction liens—whether due to negligence or willful intent—can lead to…

A Guide to Balancing Present Use and Future Ownership Have you ever come across the term “life estates” and wondered what it means?  What Is a Life Estate? A life estate is a legal arrangement where an individual, called the life tenant, enjoys the right to live on and use a property during their lifetime.…