Foreclosures
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago on . Most recent reply

FL title question -- seized property?
I'm interested in a Florida property showing as on the docket for auction next week -- in looking at the transaction history on the property, there's a Certificate of Title (unqualified) in October of this year for $200 that shows the following:
GRANTOR: (JANE DOE) ETAL/UNITED STATES GOV TREAS DEPT ETAL
GRANTEE: BANK OF NEW YORK MELLON TRUSTEE ETAL/ CWALT INC ALTERNATIVE LOAN TRUST 2006 OC1 ETAL
The property is currently listed for sale but showing an "offer accepted" designation. The auction is scheduled for next week.
I'm trying to understand what's happening here -- it doesn't look like a typical foreclosure sale took place but clearly something happened. Maybe it's a federal asset seizure of some kind?
Most Popular Reply

- Real Estate Professional
- West Palm Beach, FL
- 13,508
- Votes |
- 23,418
- Posts
Well, it looks like the foreclosure did occur in October, though usually the “price” is $100, not $200, when no one bids due to the revealed max bid.
You need to look at the foreclosure file for the sale back in October, I assume the case no.s for the one in October and the one now are the same....that October sale was likely set aside for some reason, and rescheduled for now.
One somewhat confusing point, Who (as the owner...is it an REO listing or not)has the property for sale now, that shows pending?
Reading the foreclosure file, or at least the case events, likely online, should tell you.