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Updated 9 months ago on . Most recent reply

User Stats

10
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1
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Ronald Benson
  • Real Estate Agent
  • Philadelphia, PA
1
Votes |
10
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Auctions in South Florida

Ronald Benson
  • Real Estate Agent
  • Philadelphia, PA
Posted

Hey there! 

I am looking to potentially purchase a condo/single family home to live in and refi down line in the Miami area. However, I have this huge fear when it comes to auctions. Titles, being occupied are my biggest fears. But I know it could be a great reward in the end. 

Anyone have any experience in Miami or Broward County? Advice? 

Most Popular Reply

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23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
Votes |
23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

@Ronald Benson Yes, you have to make sure it is the first mtg foreclosing….not a second mtg or hoa, and check for back taxes, etc. More importantly, there no great bargains there…people are paying at or close to market value.

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