Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
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,

User Stats

60
Posts
27
Votes
Julia Dugger
  • Rental Property Investor
  • Jacksonville, FL
27
Votes |
60
Posts

FL title question -- seized property?

Julia Dugger
  • Rental Property Investor
  • Jacksonville, FL
Posted

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? 

Loading replies...