Hi again Kenst,

Honestly, if I were in your shoes I’d definitely get involved. The bank’s lawyer is there to protect the bank, not you. Sometimes their strategy can go in a totally different direction, like if they think it’s easier to just agree to undo the sale so they don’t get stuck in an appeal. That could leave you hanging. I’ve dealt with this type of situation before, even in some absurd cases where it was actually the plaintiff who moved to vacate their own foreclosure judgment.

The good news is that Florida has protections for buyers like us. If the borrower was properly notified, the law is set up so that once you buy at foreclosure, your title is supposed to be final. That means the old owner can’t just take the property back, they’d be limited to chasing the bank for money instead. But here’s the catch: you want to make sure the judge actually hears that argument, and the only way to guarantee it is by being part of the process yourself.

Now, worst case, let’s say the court does decide to cancel the sale. Even then, you’re not left empty-handed. Courts have the power to order that your money be returned right away, and even cover things like repairs or improvements you might have made in the meantime. I’ve seen situations where buyers only got that relief because they were in the room pushing for it, otherwise it gets overlooked or dragged out.

And one more thing: in this business, you have to think strategically. Remember, the previous owner probably didn’t have the money to refinance or settle with the bank, which means it’s unlikely they have deep pockets now to pay big retainers to an attorney. Their whole tactic may just be to delay the process, hoping to drag it out as long as possible. That’s all the more reason for you to step in, make your presence known, and protect your investment.