If you go to your County Clerk's website you may be able to pull up the upcoming foreclosure sales at the courthouse. Also you may be able to find upcoming Tax Deed sales. Some County Clerk websites offer easy to find info and even have online bidding so you don't have to trapse down to the courthouse to bid in person.
You will have to pay ALL CASH for 100% of your bid within hours. You also will NOT get a clear title with title insurance and you cannot inspect and cancel if you discover significant defects. This is not for the risk averse and those not willing to pay upfront for title searches and also do a lot of homework before bidding. Some liens will survive the foreclosure and be sure to do your due diligence if buying a Condo. I've heard horror stories of condo associations being able to collect huge sums of money "post" foreclosure. You may want to consult an attorney before bidding on a condo.
Also HOAs and Condos are foreclosing their lien but the mortgage(s) will survive and not get wiped out at foreclosure.
Do your homework and you may capture a bargain. If you don't have ALL CASH then this is not an option for you.
Otherwise, find a local Realtor to get you in to bank owned listings the first day on the market and submit your offer the first day!
All the best,
I really don't know! The exact amount of time depends on several factors.
â€¢ Backlog of the court
â€¢ Motivation of the pre-vailing party, usually the plaintiff
â€¢ Lender's policy
â€¢ Weather conditions
Get packed and move on!!!
I have seen the eviction proceedure happen withing 5 days. From what I read at the link below, it is quite clear that a minimum of 30+ days that you could possibly stay.
Mott Marvin Kornicki, Broker/Associate
Sunny Isles Beach, Florida
Real Estate Professional in Miami... more
We have seen it take up to a year but it really depends on many factors. Have you tried calling the bank to negoiate your payments or terms? Have you talked to anyone about the possibility of doing a short sale? There are many options out there and we would be glad to discuss some of your options if you would like to give us a call.
We live and work in North Port.
Roxanne Moore, Realtor
Re/Max Anchor Realty
North Port, FL... more