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Articles Posted in Ormond Beach Foreclosure defense attorney

Understanding Future Advances in Mortgages
Florida Foreclosure Defense Law Firm, P.A.

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…

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Understanding Mortgage Assignments
Florida Foreclosure Defense Law Firm, P.A.

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…

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I contacted Andrew for assistance with the selling of my business. He was very knowledgeable and explained the process to me during the selling of my shop. The documentation was produced very quickly and accurately which made both parties very comfortable with the process. I would highly recommend...

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