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Updated over 7 years ago on . Most recent reply
If buying a home at a county auction in Florida, which liens stay
Hello everyone!
I am looking at the houses listed on the Orange county auction list (Orlando, FL) and I am wondering if you guys have experience buying a house on this site. How do we know which lien I would still have to pay if I win the auction? How do I know which liens are erased by me winning the bid?
Thank you!
Florence
"newbie" wanting to lose that title
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#1 Foreclosures Contributor
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#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
@Chudi A. Not quite.....IRS is no biggie, they have 120 days to redeem, but very rarely do.
And in FL, HOA debts, whether there is a recorded lien or not, stay with the property, along with other state agency liens and back taxes of course.
Most importantly of course, make sure it is a first mtg foreclosing, not a second or an hoa that has a mtg.