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volusia county florida foreclosure auction
I'm looking at an auction in Volusia county FL, and the info states that est debt is $150,000. Does that mean that the debt would need to be paid off if I win the auction? And is it in addition to the amount of my bid? Bid starts at just $100. I'm in PA; don't know how the Florida system works. Any help appreciated. Thanks!
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Need a little more information here. Who is foreclosing on the property, a bank, hoa or other? Who is owed the $150,000 debt?
- PropertyOnion.com
- (561) 430-2616
- https://propertyonion.com/
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@Gina Stern, so sorry for the late reply. I just saw that you replied.
The house is showing on auction.com and the aution is at the county site. Here's what is on Auction.com
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Hi Jeanni,
I work for Auction.com. Please let me know if you have additional questions or would like to speak to someone in your area of interest. Estimated debt is defined as the total estimated debt, plus court-imposed fees, unpaid interest and legal costs owed by the homeowner at the notice of foreclosure sale.
As this is the amount owed on the property, you will likely not win the bid below this amount. Was the estimated credit bid also available on the property details page?