in the house even though they do not own it yet! (forclosure not completed).
Most mortgage agreements have some clause(s) that allow the lender
to so move if it can be determined that the property is " VACANT" and
hence at risk.
The notice is the first step in exercising this "Right" . The owners have
a short opportunity to show a "presence" -if not the promised
changes are made. The ownership status remains the same until
the court makes final jugement and a court sale is completed!
Local Realtor should be able to give you an idea of how far off this
might be. Best of Success!
Bob Brubaker Highligh Realty Palm Beach County Fl. 561-876-6649
Contact me anytime for free information.
Licensed Real Estate Broker
Mizner Residential Realty
The notice you are seeing was posted by a firm hired by the mortgage holder. When the notice was posted on the door the property would not have yet been foreclosed upon but a lot could have happened between February and May. At the point the notice was posted they paid someone to go out and check on the occupancy status and condition of the property to look out for their best interests. If you would send me the address I will be happy to pull up the latest as it relates to the foreclosure status.
I hope this information is helpful but if you need anything additional please do not hesitate to give me a call.
Always at Your Service,
Tom Priester e-PRO
"Results Driven Real Estate"
Keller Williams Realty