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Updated over 7 years ago,

User Stats

42
Posts
120
Votes
Jason Palmer
  • Wholesaler
  • Jacksonville, FL
120
Votes |
42
Posts

Buying a pre-tax deed auction property. Have a question

Jason Palmer
  • Wholesaler
  • Jacksonville, FL
Posted

Hey guys, I was hoping to get some advice on a contract I have. I've approached an owner whose home is going to tax deed auction next month. They've agreed to sale to me and signed a contract, but would like to stay and rent from me. They can't afford to pay off the taxes, but do have enough income to pay a modest rent. My question is, once I take possession and have them sign a lease, should I need to evict them at a later date, will the courts treat it differently since they used to be the homeowner? They probably wouldn't have the wherewithal to go through a lengthy and expensive legal battle - barring assistance from Legal Aid - but I still wouldn't want to risk it. I'm in Florida, by the way.

Thanks in advance for the help.  

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