S780 GENERAL BILL by Senator Evelyn Lynn : Foreclosure Proceedings/Payment of Fees;

Requires a financial institution that institutes a foreclosure proceeding against residential property to pay all fees associated with or owed by the property which accrue from the date the foreclosure action is initiated until the foreclosure is finalized. Provides for retroactive application.

EFFECTIVE DATE: Upon becoming law. 11/18/09 SENATE Filed

Read SB780 here>>

Contact Andrew Wood with Pleat & Perry at 850-650-0599 for more information on how this could effect you or your association.

Enjoy this video of the rare sighting of Whale Sharks in Grayton Beach, Florida.

MIAMI, Jul 13, 2009 (BUSINESS WIRE) ----Hagens Berman, the law firm representing homeowners in class-action lawsuits in Arizona and California against KB Home (NYSE: KBH), Countrywide Financial and LandSafe Appraisal Services, is claiming the three conspired to illegally rig home appraisals in KB developments and has begun investigating similar claims in Florida.

The filed lawsuits contend KB Home (NYSE: KBH) conspired with Countrywide and LandSafe to rig the appraisal process in order to drive development prices upward and increase KB Home profits, often using inflated comparisons to justify the high sales prices.

"Since we filed the Arizona and California actions, we have heard from KB customers in other states saying they fell victim to similar practices," said HBSS managing partner, Steve Berman. "Many of those calls came from KB home purchasers in Florida." Read More »

An interesting article pertaining to property rights may be read by clicking this link.