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As a result, our property valuation for tax purposes just increased 400% in one year. The land we purchased is the rocky side of the mesa, which is not suitable for building. Also, there is no water.
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A judgment creditor (such as, for example, a bank that obtains a judgment against the homeowner for not paying a credit card balance) cannot, under current Florida law, force the sale of a person’s homestead property, by levying against the home.