Legal Question in Real Estate Law in Florida
Real Estate Forclosures
I have PMI on the mortgage of a second home. If I chose to let the property go back to the bank, will the PMI protect me from any balance due after the property is sold at auction?
Asked on 11/08/08, 11:05 am
1 Answer from Attorneys
Brent Rose
The Orsini & Rose Law Firm
Re: Real Estate Forclosures
That type of insurance usually protects the bank, not you, believe it on not, but you should check your policy.
Answered on 11/09/08, 2:45 pm