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Updated almost 11 years ago,

User Stats

807
Posts
473
Votes
Nat C.
  • Investor
  • Miami, FL
473
Votes |
807
Posts

My property was nearly auctioned from under me!

Nat C.
  • Investor
  • Miami, FL
Posted

I just had a doozy of a situation.

My tenant didn't pay rent for March and I asked him why not. He said because the property was about to be auctioned and he was going to end up homeless. As I bought it cash in full I was mighty confused.

I called the tax appraiser and property taxes from 2010 were not paid. I bought the property in Sept 2010. I never received any tax bill for 2010. I paid 2011, 2012, 2013.

As 2010 was never paid, the property went into foreclosure status. The tax bill doubled in the past 4 years due to being delinquent. I've just paid the whole amount. Is there any way to get the money from the seller? I bought it from a bank as a foreclosure.

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