New to community...

[Bruce Shilander]

Hey Everyone!

I am new to the community, first joined October 2014. I am searching for homes in South Florida for my wife and I. Specifically I am looking North of West Palm Beach to Sebastian OR South of Sarasota to Naples. This home will be our second home, as we own a home elsewhere that we will keep.

What I am looking to do is take over existing financing from a homeowner  that wants out of paying their payments (Banks really do not care who makes the payments), and have title of the property in my possession. It is a win for me the buyer, the existing homeowner as it eliminates a payment and selling time for them, and a win for the realtor+/or attorney who closes the sale.

I want to know if my strategy above is legal in Florida. I know it works in other states. I need clarity, factual information on this issue as per Florida real estate law, not assumptions from someone who does not know for sure.

We are not in any hurry to buy but, would like to have something by year end.

If you can help get in touch with me by clicking my profile.

Talk soon,

Bruce

Bruce Shilander

Miami Florida