Legal Question in Real Estate Law in Florida

Re: What can be done

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If the error was truly made by the lender, then you have a valid complaint against them. You should demand that they cover whatever damages you have incurred which includes the higher cost of insurance and that they pay for any further losses in case of a claim and you have to absorb the higher deductible. You may have to retain an attorney to help you with this matter as your lender is not likely to volunteer to pay these costs.

Scott R. Jay, Esq.

Re: What can be done

It all depends on why they failed to make the payment. If they were unjustified, then you have a claim against them for the obvious damages you are now incurring. Consult with an attorney ASAP because this is a lot of money involved and they probably aren't going to simply agree to give it to you.