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Updated about 6 years ago,

User Stats

8
Posts
5
Votes
Ryan Churchill
  • Tampa, FL
5
Votes |
8
Posts

Post Foreclosure Auction Steps

Ryan Churchill
  • Tampa, FL
Posted

Hey BP,

I'm a long time lurker, based in Tampa Florida, on BP and have received a lot of great information from the Forums. I've been investing in RE for a while now and want to move into some Foreclosure Auctions. I'm well versed in the title research pre-auction but I'm really green on what the process is to take title after the auction is complete. 

Once I purchase the property and pay the Clerk the balance and doc stamps what happens next? The final Judgement document indicates that any 3rd Party Bidder will need to file a "Written Conveyance" prior to the issuance of the Certificate of Title. Can anyone expand on this part of the process? I've tried to look up the answer in the Search bar but couldn't find the answer. 

Thanks,

Ryan

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