Curious Sell…, Home Owner in Miramar, FL

Can a home be listed with a realtor if an auction date, time & bid amount has already been set?

Asked by Curious Seller, Miramar, FL Sat Mar 16, 2013

Foreclosure, Auction date.

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Answers

5
Hi! Thanks for your inquiry. Yes. A home can be listed up until the auction or foreclosure as the owner still has rights. The court will likely enter a final judgment amount, which would include the amount left on the loan,
interest, fees and other costs.

However Florida Statute allows foreclosed homeowners to redeem their property. At any time before or after the auction, up until that Certificate of Sale is issued, a foreclosed homeowner can pay the final judgment amount and redeem the property, which voids the auction sale.
1 vote Thank Flag Link Sat Mar 16, 2013
The short answer is, "It Depends". In theory, you should have time to stop the auction sale if the bank is willing to let you do a short sale. The only problem is that, more than likely, they have already been dealing with your file for some time and are not willing to let you do a short sale. I would be more than happy to speak with you about your specific situation. I wish I could answer the question fully, but every scenario is different and the details matter.

Regards,

Manny Linares
Prestige International Realty LLC
(786) 277-8425
MannyL@PrestigeIntlRealty.com
0 votes Thank Flag Link Sun Mar 17, 2013
It sounds like you have litte time left before your auction date. You can still short sale your home. My advice is stop waiting and enlist a realtor who can help you list your home and obtain a buyer. Why would you go into foreclosure when you can short sale your property? You are not saying when the auction date is.

Susan Penn, PA, SFR, CDPE http://about.me/HomesForSale_SusanJPennPA
EWM Realtors® | A HomeServices of America Company | An Affiliate of Berkshire Hathaway
2000 Main Street, Suite 103 | Weston, FL 33326
T: 954.306.7337 | C: 954.557.5993 | F: 954.515.0200 | penn.s@ewm.com | http://www.ewm.com
0 votes Thank Flag Link Sat Mar 16, 2013
Hello yes it can be,
If you need any help please give me a call. Your lenders can postpone the auction if there is a date set, since you have enlosted the services of a experienced realtor.



Thank you,
Tamika Moses
Keller Williams Realty Partners SW
954-404-4646
tmrealtor@yahoo.com
0 votes Thank Flag Link Sat Mar 16, 2013
Hi Curious Seller,

Yes. You can list your house for sale up until the Auction date. Let your lender(s) know and see if they will postpone the Auction (it doesn't hurt to ask). Make sure you let your Realtor know an Auction date has been scheduled!

Shanna Rogers
SR Realty
http://www.RealtyBySR.com
0 votes Thank Flag Link Sat Mar 16, 2013
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