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Updated 5 months ago on . Most recent reply

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Seller signed Warranty Deed over to buyer so tax foreclosure stopped

Maryann Fialdini
Posted

Unique situation - need advice.  Seller was facing imminent foreclosure due to unpaid property taxes.  She signed a purchase contract for $75K with closing within 30 days.  Title company started title search and while waiting for results (we knew there were multiple liens that would be paid from proceeds at closing), I paid off property taxes so foreclosure was stopped after seller signed the warranty deed over to me in front of a notary. Once title company had finalized title search, seller decided not to follow thru with the closing.  Title company stated if she refuses to close, I can sue her under the contract for specific performance of the contract and or can just record the deed and take ownership of the property. I opted to record the deed.  Not sure what I should do now to get her out of the property - this is in Florida.

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Chris Seveney
  • Investor
  • Virginia
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Maryann Fialdini

Get an attorney and File for eviction assuming she got the proceeds from the sale of the property from the title company.

  • Chris Seveney
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7e investments
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