A ground-breaking South Florida court decision has paved the way to a legal solution for condominium and homeowners associations to address the under-reported but highly commonplace practice of banks stalling their foreclosures. Banks may engage in this tactic in an effort to delay taking title to financially upside down units and avoiding payment of past due assessments and legal fees due to associations. The new legal approach puts an end to this practice
Click here for more of the story: Realty Times - Florida Court Decision Could Impact Builders and Bank Foreclosure Processes
Facebook friends read story here: http://colonialnewsletter.blogspot.com/
