Foreclosure to Home Free, as 5-Year Clock Expires

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NY Times: Foreclosure to Home Free, as 5-Year Clock Expires Posted by REIB2008 on Apr 1, 2015 in Blog | 0 comments There are tens of thousands of homeowners who have missed more than five years of mortgage payments, many of them clustered in states like Florida , New Jersey and New York, where lenders must get judges to sign off on foreclosures.

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She would have trouble finding a job and would not be able to have her name on the lease for the home she shared with her husband. She would no longer qualify for the food stamps she had relied on to.

Foreclosure to Home Free, as 5-Year Clock expires. michael corkery, THE NEW YORK TIMES MIAMI (The New York Times)-In September, Susan Rodolfi celebrated an unusual anniversary: five years. Read More

For more, see Foreclosure to Home Free, as 5-Year Clock Expires. Thanks to Deontos for the heads-up on this story. (1) In an analogous case, involving the application of the statute of limitations when challenging (on unconscionability grounds) an escalation clause in a 99-year ground/land lease that became enforceable every five years, a Florida appeals court held that the statute of.

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Foreclosure to Home Free, as 5-year clock expires nytimes.com | March 31, 2015 .. a New Jersey homeowner’s foreclosure case in November because the state’s six-year statute of limitations had expired, he wrote in his opinion, "With a proper measure of disquiet and chagrin, the court now.

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The New York Times recently published an article regarding Florida’s 5-year statutory limit, titled, Foreclosure to Home Free, as 5-Year Clock Expires.In the second paragraph, they wrote "Now a legal quirk could bring a surreal ending to her foreclosure case and many others around the country: They may get to keep their homes without ever having to pay another dime."