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Unanswered
Tax Deed vs Foreclosure Implications


Correct on one part of your question.

Tax deed sales in FL will clear all existing liens other than governments as long as they are noticed before the sale properly.

Foreclosure sales only clear what is junior to their lien position. So a 2nd position mortgage foreclosing wouldn't clear the 1st mortgage, but a 1st position mortgage foreclosing would clear the other mortgage.

The HOA or condo association foreclosure wouldn't clear either of them when they foreclose. It's a song and dance of liens, and lien positions that you need to learn to make money with these foreclosure auctions.

Posted one year ago
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Damon Simon
148 × 5 Administrator
  
  

Damon can you comment on Patti Collomans reply, or explain more in detail and how to protect your investement

Martin Schutzbank   one day ago Report
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0 Answers
one year ago
one year ago

Miami Dade County Foreclosure Schedule

Miami Dade County Foreclosure Auctions: