Saturday, September 25, 2010

Mortgage and Loans - Mortgage Refinance, Home Loans

Mortgage and Loans - Mortgage Refinance, Home Loans

Squatters Arrested For Adverse Possession

Posted: 24 Sep 2010 03:26 PM PDT

As a  writer  for an Insurance School there are insurance implications for squatters living in  abandoned homes after the Real Estate Crash and trying to take ownership through adverse possession.   These squatter damage   the property and cause claims .

People here in Florida are   trying to take  ownership through adverse possession and being arrested for it .  In Florida hundreds of those claims are  occurring  and the police are arresting the people involved .   The law  harkens  back to use in  England   five centuries ago  .  In Florida if you move into a vacant house and  pay 7 years worth of taxes  you will then become the owner.   Of course, that’s  if the owner doesn’t pay the  taxes due on the house  .  When I  prepared  for my Real Estate License I had to learn about adverse possession because it was part of the law .   I wonder why they teach it as  a method  to gain property if all it does is get you arrested by the law  for  attempting it?

–This story brought to you by Florida Insurance and 220 School offering nationwide insurance and securities pre-licensing classes.

Obviously  some people  are breaking  multiple laws   while doing this  .  They are pretending to be landlords of  house  and  charging money for rent  .  People are also being arrested for trespassing and for breaking and entering.   Florida  law states that the person has to publicly let people know they are there, and not hiding there.  But the law  just by existing sort of encourages  you to try.  Yes you might get arrested, but you might also win .  Imagine a law that says you can run drugs and if you don’t get  apprehended  for  7  years, you are immune from ever getting busted again?  That would encourage you to try .   Would that make adverse possession like state-sanction entrapment?   What do you think about this latest wrinkle in the Real Estate crisis ?

Rick Sabian

What is the difference between hazard insurance and homeowners insurance?

Posted: 24 Sep 2010 09:49 AM PDT

I am refinancing and was wondering if I need to have both types of insurance.

Birdman Money To Blow Remix (Pay Off My Loans) – BADI

Posted: 24 Sep 2010 09:34 AM PDT

Money To Blow Re(cession)mix Pay Off My Loans – Badi Gotta pay of my lo-oo-oans.. Thanks for watching! Subscribe if you dig it I got a lot more mixtape and original material on the way!

Posted by Blogku at 7:06 AM

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