Florida Supreme Court modifies foreclosure’s time frame

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A Florida Supreme Court ruling announced earlier this week threatens more homeowners with foreclosure actions. Generally speaking, lenders have five years to foreclose on a home thanks to the state’s statute of limitations. In some cases, however, the courts have dismissed a foreclosure action, making it difficult for banks to finalize the foreclosure in time since the process must start again. See details here

Florida Supreme Court modifies foreclosure’s time frameFlorida Supreme Court modifies foreclosure’s time frame

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