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  2. Squatters Beware: States Are Revising Adverse Possession Laws

    www.aol.com/news/on-squatters-beware-states-are...

    Anyone hoping to claim any one of thousands of foreclosed homes in Florida through adverse possession -- simply squatting on the land for several years to obtain title to the home -- are out of luck.

  3. Sold in August, estate re-enters the market at $79 million in ...

    www.aol.com/sold-august-estate-enters-market...

    The $95-million listing of the estate at 1140 S. Ocean Blvd. entered the market in mid-August, listed by agent Margit Brandt of Premier Estate Properties in Palm Beach. The 1990s-era estate is ...

  4. What is a foreclosure? How it works and how to avoid it | AOL

    www.aol.com/finance/foreclosure-works-avoid...

    Properties foreclosed in Q4 of 2023 averaged 720 days in the process, according to ATTOM’s Year-End 2023 U.S. Foreclosure Market Report. The report also highlights the states with the longest ...

  5. Homestead exemption in Florida | Wikipedia

    en.wikipedia.org/wiki/Homestead_exemption_in_Florida

    Florida property tax homestead exemption reduces the value of a home for assessment of property taxes by $50,000, so a home that was actually worth $100,000 would be taxed as though it was worth only $50,000. However, the second $25,000 of homestead coverage does not apply to the school portion of property taxes, and only applies to the third ...

  6. Foreclosure | Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. [1][2] Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower ...

  7. Foreclosure investment | Wikipedia

    en.wikipedia.org/wiki/Foreclosure_investment

    Foreclosure investment. Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate, foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.

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