A new study that just came out about Naples. US News lists Naples as the #3 most undervalued places to live
in the United States. This study states that Naples is 31% undervalued. If you have been waiting to buy STOP waiting.
Don't say I wish I had.......
Greetings!
My name is Ron Webster and I have been a resident of CollierCounty
for nearly four decades. More importantly, I am a Real Estate Attorney who has shared closing tips with the Marco Island Association
of Realtors for the past few years on a bi- weekly basis.
Law Offices of Ronald S. Webster
Sept. 6 2009
“Laws are like sausages, it is better not to see them being made”
– Otto von Bismarck
Quite often rental properties go into foreclosure. One question that commonly arises is
whether tenants must continue to pay rent if the landlord is in foreclosure.
The answer is quite clear that unless directed by the court to pay funds into the registry of
the court the tenant’s obligation remains with the landlord. Payments must continue to be made and maintained
current at all times or the tenant is subject to eviction.
Tenants cannot resort to self help. In many instances, the foreclosure may be dismissed
or brought current or the property can be conveyed subject to a lease agreement.
Law Recently Enacted:
On May 20, 2009, President Obama signed into law “Helping Families Save Their Homes
Act 2009.” One small provision of this of this law was also aimed at protecting tenants at foreclosure.
This provision was designed to provide new protection to tenants of residential properties being foreclosed by any party including
mortgagees, homeowners or condominium associations.
In summary, the Act provides that tenants of residential property subject to foreclosure
must be given at least 90 days notice before they are required to vacate the property. If a bonafide lease exists prior
to foreclosure, the tenant may continue to occupy the property through the end of the lease. However, this lease may
be shortened to 90 days when the property is sold in the foreclosure action to a third party who intends to occupy the property
as a primary residence. In any event, the tenant still must be provided 90 days written notice.
These articles are provided by Inman News and opinions and views reflected in these articles do not reflect the opinions held by the owner(s) of this
web site.
Today's Top Real Estate News Provided by Inman News
News for HomeBuyers and Sellers:
Today's Top Real Estate News Provided by Inman News
FHDC
The Florida Housing Data Clearinghouse provides public access to data about housing needs and supply, subsidized rental
housing and household demographics in Florida communities.
Servicing Audubon Country Club, Golden Gate Estates, Bonita Bay, Bears Paw Golf and Country Club, Bonita
Shores, Brookside, Coquina Sands, Crown Colony, Grey Oaks, Grey Oaks Estuary, Imperial Golf Estates, Longshore Lake, Naples
Bath and Tennis Club, Pelican Bay, The Colony at Pelican Landing, The Colony, Pelican Landing, Quail Creek Estates, Quail
Woods Estates, Autumn Woods, Naples Park, Naples, Indigo Lakes, Bellasera, Brendon Cove, Carlton Lakes, Cove Towers, Aqua,
Aria, Forest Lakes, Lely Resort Golf and Country Club, Lely, Mediterra, Olde Naples, Pine Ridge, Quail Creek Village, Ravenna
at Pelican Marsh, Pelican Marsh, Barefoot Beach, Bonita Beach, Aqualane Shores, Royal Harbor, Port Royal, Bonita Beach, Bay
Forest, Berkshire Lakes, Bridgewater Bay, Colliers Reserve, Crown Pointe, Hammock Bay Golf and Country Club, Hammock Bay,
Gulf Shore Boulevard, Gulf Shore, Park Shore, Lely Golf Estates, Port Royal, Quail West, The Brooks, Shadowwood, Copperleaf,
Spring Run, Lighthouse Bay, Rapallo, Coconut Pointe, Coconut Point, South Gulf Cove, The Crossings, Tiburon Villages at Monterey,
Abaco Bay, Stoney Brook, Connors Vanderbilt, The Dunes, Livingston Woods, Lakewood Country Club, Stonebridge, Stoneybrook,
Victoria Park, Palmira Golf and Country Club, Palmira, Heritage Greens, Naples Lakes, Glen Eagle Golf and Country Club, Cayo
Costa Estates at Moon Lake, Spanish Wells, Vanderbilt Beach, Vineyards, Laurel Greens in Cypress Woods Golf and Country Club,
Admiral's Bay, Arbor Trace, Bay Colony at Pelican Bay, Bay Colony, Bonita Fairways, Pelican Ridge, Island Walk, Timber Walk,
Village Walk, Paloma at Palmira Gofl and Country Club, Sterling Oaks, Wildcat Run, Emerals Lakes, Fountainhead at the Vineyards,
Stonegate, The Orchards, Vaseri Country Club, Waterways of Naples, Banyan Woods, Moorings, The Moorings, Laurel Lakes, Kensington
Golf and Country Club, Kensington, Coconut River Estates, Falling Waters, Beachwalk, Saturnia Lakes, San Remo at Palmira Golf
and Country Club, Emerald Bay, Palm River, Berkshire Pines at The Shores of Naples, Aria
All data deemed to be reliable, but should be independently verified
before purchase.
The data relating to real estate for sale/lease on this web page
comes in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm
(Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties
listed with Brokers participating in the cooperative data exchange program. Information provided is thought to be reliable
but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed
or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors
and its cooperating MLS do not create, control or review the property data displayed herein and take no responsibility for
the content of such records.
Federal law prohibits discrimination on the basis of race, color,
religion, sex, handicap, familiy status or national origin in the sale, rental or financing of housing.
Disclaimer With Respect to Other Internet Sites
www.RealEstateOnCall.com, A Delta Realty of Naples, Inc. & it’s associates have not reviewed all of the sites, or content of
sites, that may be accessed by or linked to this Website. www.RealEstateOnCall.com, A Delta Realty of Naples, Inc. & it’s associates are not responsible for the content of any
pages or Internet images, information, or data, that may be accessed by or linked to this Website. Viewing of any and all
other websites shall be at your own risk
All information in this site is copyright protected. No reproduction
is allowed without prior consent of www.RealEstateOnCall.com.
