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Updated almost 5 years ago,
HOA foreclosure in Florida need help
II purchased a foreclosure at auction in Palm Beach Fl. turns out it was a HOA foreclosure. There is not any equity if the property. Not behind on taxes. I over paid for the certificate of Title. I need exit strategies ASAP. The owner is living in the property and he is 2 months probably 3 payments behind. What is my best exit strategy to get my 16k back. The previous owner is getting 8k from the overage of the sale. He would like to stay in the property and rent back to me. I am sure the bank will start pre foreclosure soon. I don't have any other money to put into it. I made a mistake and need to recover my losses. Any advice?
Pat