HOMEOWNER ASSOCIATION FORECLOSURES
Property foreclosures by homeowners associations, while still rare, are becoming more common in Florida. They generally involve only a small amount of money owed, but the associations sometimes move quickly because they generally don’t collect any money if the mortgage lender initiates the foreclosure process.
HOMEOWNERS INSURANCE
Analysts warn Florida homeowners to expect hikes in their insurance premiums, even though scientists are still debating whether the 2008 hurricane season will be more severe than those in the past because of global warming. This year’s hurricane season started yesterday.
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