Tax deed auction

[Maria Kazak]

Hi everyone,

I am going to play at the tax deed auction in Florida. Just need some clarification: if I buy a mobil home at tax deed, which has a mortgage lien from SBA, will i be responsible for outstanding balance on that mortgage?

What can I do in order to avoid paying out the previous owner mortgage?

Did you hear about tax title services company? They do certification process and say that I do not need to do quiet title action if I use their services. Any opinions?

Thank you in advance for your help!

[Maria Kazak]

@Wayne Brooks

"Retired certificate of title" is a procedure that "sticks" a mobile home with the land together, and let it be treated like regular real estate. If the title is not retired, than it is treated like land and mobile home (like vehicle) separately.

My main question is how to get a title on this mobile home, which has a sba mortgage lien on it (governmental lien), meaning it holds the title, and it is not "attached" to a property (means treated like a vehicle) ...)))

Nobody can answer this easy question))

Attorney said that it is better not to bid on this property, since the title was not retired. And he said it is going to be difficult to get title on it.

Still do not understand WHY?))