Tag: mortgage risks
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Florida Hurricanes Raise a Question: Can We Guard Our Deeds From Climate Losses?
October saw a string of dangerous and deadly storms in Florida. Those who made it through the storms are now cleaning up, in the midst of severe property damage along the Gulf Coast. With Hurricane Milton quickly following Hurricane Helene, Florida homeowners’ insurance adjusters had their hands full. No wonder insurance payouts to Floridians in…
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Wraparound Mortgages: When They’re Used and How They Can Help
Ever heard the term wraparound mortgage? Because this is actually a set of two mortgages for the same home, it’s more complicated than a regular mortgage. It can present special risks, and it’s less commonly seen in the world of real estate. That said, some have used it to be able to get a home…
