Author Archive

If no one’s paying the mortgage, who’s got the property insurance?

Posted on June 8th, 2012

In foreclosure-heavy South Florida, the vacant home next door could be a risk for all of us, especially if a hurricane threatens By Julie Patel South Florida Sun-Sentinel 5:59 PM EDT, June 11, 2009 If no one’s paying the mortgage on that vacant house in foreclosure down the street, you might wonder who’s paying the […]

Condo owners at uninsured complex that burned have little recourse

Posted on June 1st, 2010

Days before their condo building burned, residents of Park South Six gathered to hear their association president say their building couldn’t afford flood insurance. Some homeowners paid overdue assessments, and the president said flood insurance would be purchased. “I was rest-assured,” said board member Jennie Valdes. No one thought to ask about the building’s master […]