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19 May 2014, 4:30 am
In Arizona, the statute of limitations applicable on a case involving a breach of a written contract is 6 years.1 However, when it comes to insurance contracts or policies, similar to many other states, Arizona permits insurance companies to contractually shorten the limitation period by which to bring suit against the insurance company.2 In most homeowners policies, the time limitation by which a lawsuit must be initiated is shortened to 1 year from the date of loss; in most business… [read post]
18 May 2014, 4:30 am
In Cantu, homeowners brought an action against insurer for breach of contact and bad faith when the insurer paid $2,036.85 for a hail claim and the homeowners had an estimate of $65,000.00. [read post]
17 May 2014, 6:44 am
Many homeowners faulted the Federal Emergency Management Agency's implementation of the 2012 law. [read post]
16 May 2014, 3:12 pm
Sometimes during a collection of an account, we become aware that the homeowner is in the military. [read post]
16 May 2014, 1:36 pm
Restructuring a loan without extending new credit does not trigger Texas’s constitutional homeowner protections FRANKIE SIMS, ON BEHALF OF HIMSELF AND ALL OTHERS SIMILARLY SITUATED; AND PATSY SIMS, ON BEHALF OF HERSELF AND ALL OTHERS SIMILARLY SITUATED v. [read post]
16 May 2014, 1:27 pm
Although the executive order makes several directives to state agencies and civilians regarding water conservation and the implementation of water reduction programs, one of the directives specifically involves homeowners associations. [read post]
16 May 2014, 1:19 pm
For those who remember all my posts on former Treasury Secretary Tim Geithner on his failed policies on helping homeowners, here are some fancy Chicago economics professors saying the same thing: Atif Mian and Amir Sufi are convinced that the... [[ This is a content summary only. [read post]
16 May 2014, 11:57 am
The report found that older consumers are carrying more mortgage debt into retirement, and fewer older homeowners own their home outright than in the past two decades. [read post]
16 May 2014, 11:25 am
Remember the various homeowner refinancing programs Congress and FHA came up with in 2007 and 2008, like Hope for Homeowners and FHA Secure? [read post]
16 May 2014, 8:21 am
A mediator is able to help the homeowner and mortgage company communicate and reach an agreement for modification.This program also involves the use of an internet "portal" which allows the homeowner to upload all the documents needed for the mortgage company to consider for a modification. [read post]
16 May 2014, 6:24 am
The amount of the differential that can be transferred by a homeowner who is moving to less valuable home, is a pro rata share of the differential of the old home based upon the just value of the new home as a percentage of the just value of the old home, not to exceed $500,000 (market value of new home/market value of former home to establish percentage) multiplied by the assessed value of the immediate prior homestead. [read post]
16 May 2014, 1:26 am
All three residents of the home were charged with various felonies and one, likely the homeowner or the main person on the lease of the property, was charged with the third-degree felony of maintaining a drug dwelling. [read post]
13 May 2014, 9:02 pm
The break offered qualified homeowners an exception to the debt as taxable income rule. [read post]
13 May 2014, 12:15 pm
The homeowner will also file a HAMP mortgage modification request if they haven't already file it. [read post]
13 May 2014, 12:02 pm
” So when a corporation wrongfully forecloses on your castle, your home, trying to sell the house right out from under your homeowning feet, don’t you think this would just naturally cause you some undue stress? [read post]
13 May 2014, 10:20 am
" Aurich Lawson / Thinkstock When news broke that the mayor of Peoria, Illinois, had called upon his town's police force to shut down a fake Twitter account opened in his name; that local police had responded with search warrants against Twitter, Comcast, and Google; that they had at last raided a local home and seized four iPhones, four computers, two Xbox game consoles, an iPad, and a "large gold gift bag with five sandwich bags containing a green leafy… [read post]
13 May 2014, 6:45 am
Suspecting such damage was caused by a plumbing leak, the Wallises filed a claim under their homeowner's policy. [read post]
13 May 2014, 4:26 am
Whether property insurance for homeowners, or coverage for commercial businesses, part of the duty of purchasing the proper policy falls on the policyholder. [read post]
12 May 2014, 10:01 am
Related Blog Posts: In Negligence Action, Court Determines Whether Defendant Owed Plaintiff a Duty of Care Homeowner’s Insurance Policy Precludes Wrongful Death and Personal Injuries Claim Arising From Car Accident Georgia Court Allows Wrongful Death Suit Arising from Car Accident to Go Forward [read post]
12 May 2014, 8:51 am
” Hearing that phrase has made homeowners and their respective Boards of Directors cringe since the beginning of time. [read post]
