California Refinance 2nd Mortgage California Home Loan Score A Win For The Developer In The Marina Grande “Material And Adverse” Battle: But Is It Really A Victory For Developers In The Long Run? by A Mortgage

by A Mortgage @ Fri, 19 Sep 2008 07:00:15 -0600

In recent days, many have asked for my take on Marina Marina Grande, and the Court has sided with the developer against condo buyers seeking to recover their preconstruction deposits.   A good summary of the decision can be found in Paul Brinkmann’s report from last week’s South Florida Business Journal.  A copy of the opinion itself is available here. The Fourth District Court of Appeal has spoken in likely the most watched condominium contract case in recent memory, D & T Properties v. Another important benefit of refinance mortgage loans is that gives the borrower more flexibility. It allows you to change terms from a long one to something shorter. In this way, you can pay off the principal more quickly, thus saving you from the total interest charges.