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Updated over 5 years ago,

User Stats

59
Posts
31
Votes
Heidi Braunhardt
Agent
  • Real Estate Agent
  • Fort Lauderdale, FL
31
Votes |
59
Posts

Buying a Foreclosure via Auction in Florida?

Heidi Braunhardt
Agent
  • Real Estate Agent
  • Fort Lauderdale, FL
Posted

I am interested in completing my first ever flip. I am a Realtor and stalk the MLS, but there aren't any GREAT flip deals because I know the professional flippers are finding them before they even make it to the MLS. I just started checking out the auction websites, specifically the "Broward County Clerk of the Courts Official Foreclosure Sale Site." I am in Fort Lauderdale. So pretty straight forward - you buy cash, as-is, no inspections, no title contingencies, nothing. So, do your homework up front. Does anyone have experience purchasing a foreclosure via auction? I would love to connect with someone who knows what's up. There is a "final judgement amount," and a "plaintiff max bid..." I can Google these, but it would be much more helpful to discuss with someone who has the experience of actually purchasing at auction. Thanks in advance for comments, suggestions, details, etc. that anyone can provide!

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