All Forum Posts by: Anastasia S.

Hi BP folks,

I'm looking for an investor friendly real estate agent in Pensacola who is familiar with STR and construction. I'm in the area and ready to buy a flip. I would appreciate any referrals and wholesalers lists.

@Wayne Brooks Hi Wayne, wanted to thank you for all your input. So helpful. I ended up finding a real estate attorney who looked at title searches and made sure they were fine. I bid on 3 properties - 2 were redeemed during the auction and the 3rd one I was overbid on by 30k. I agree with on the auction opportunities. Don’t see any value in tax sales at the moment due to the completion and inventory being so low...

Hi Davido,

Thank you so much for such a quick and detailed answer, I found it very helpful. I'm going to proceed with the action. From what I've been hearing it's very rare for the IRS to go after the property that was sold at the tax deed sale (even tho they can if they really want to). From my understanding, all HOA liens get wiped out, so no need to worry about them. Please correct me if I'm wrong - I heard people saying they don't and I would need to negotiate them with the homeowners association.

I will do a QT right away if I win the property at the auction. Fingers crossed.

Hi Jay, thank you for your advice. I've been wanting to join a local REI group but due to the covid they don't hold meetings as of right now. I've been networking on the BP and find the community very helpful - I've received a couple of local referrals - however, most of the RE attorneys are either too busy or not familiar with foreclosures/tax deed auctions. I will keep looking tho - it takes time to build a team when you are new to the area:)

Hi BP friends,

I desperately need your help. After learning about tax sales and doing due diligence I found two properties I want to buy at an online auction a week from now.

1. On the 1st property (vacant land, raw), there are multiple HOA and IRS liens. I have the list of liens on a title search but they don't specify the amount. I will be calling HOA tomorrow and hopefully find out the numbers. For the IRS Iien, I'm not sure if I can get this information online and in time. The property belongs to a PLLC "as trustee under that certain land trust". I looked up the PLLC and it's a criminal law firm, which is another scary part.

2. The second property (SFH, occupied) belongs to Mr. John Smith's heirs, the owner is dead, and perhaps no formal probate has been done on his estate. Therefore the notice of the upcoming tax deed sale was sent to "John Smith's Heirs" and did not have a name on it. So there is a chance the sale will be overturned.

I'm in Florida and have not been able to find a RE attorney/title company to help me - they are either too busy or don't work with auctions. I would greatly appreciate any input or recommendations on how to pursue the deals.

I'm also open to paid mentorship/training/education on tax deeds if you have experience in this. Feel free to DM me.

Thank you!

Hi BP friends,

I desperately need your help. After learning about tax sales and doing due diligence I found two properties I want to buy at an online auction a week from now. 

1. On the 1st property (vacant land, raw), there are multiple HOA and IRS liens. I have the list of liens on a title search but they don't specify the amount. I will be calling HOA tomorrow and hopefully find out the numbers. For the IRS Iien, I'm not sure if I can get this information online and in time. The property belongs to a PLLC "as trustee under that certain land trust". I looked up the PLLC and it's a criminal law firm, which is another scary part.

2. The second property (SFH, occupied) belongs to Mr. John Smith's heirs, the owner is dead, and perhaps no formal probate has been done on his estate. Therefore the notice of the upcoming tax deed sale was sent to "John Smith's Heirs" and did not have a name on it. So there is a chance the sale will be overturned.

I'm in Florida and have not been able to find a RE attorney/title company to help me - they are either too busy or don't work with auctions. I would greatly appreciate any input or recommendations on how to pursue the deals.

I'm also open to paid mentorship/training/education on tax deeds if you have experience with this. Feel free to DM me. 

Thank you all in advance!

@Thomas J. Clifford Thomas, thank you so much! Will do!

@Mark Monroe Hi Mark, can you please share Matthew’s contact info? I’m looking for a title company as well as an attorney specializing in tax deed sales, Florida

Hi BP friends,

Any recommendations on a title search company/RE attorney who will provide a title search report for a reasonable fee (or a bulk discount)? I'm in Gainesville, Florida.

Please PM me. Thank you!

Hi everyone,

I'm researching tax deed action deals (Central Florida) and would like to discuss with all of you on here the diligence process in order to get myself prepared for the bidding game. I have a few questions and would appreciate any input since there is no step-by-step process or much clarity on this type of RE transaction. 

1) Recommendations for reliable Florida title search companies that provide a bulk discount;

2) Recommendations for a RE attorney who can provide guidance/consultation on a tax deed sale in Florida and assist with a quiet title after the purchase;

3) Tools such as video or articles on government and non-government liens, debts, judgments against the property, the search process. To understand what to look for and what survives the auction, what I'm gonna be responsible for if I get the house;

4) A chain of title - again, what to check and what to look out for;

5) How to read and understand property title reports and other paperwork (e. g. E & O, deeds).

Thank you all in advance! Feel free to DM me.

Hope this is not too late to get into auctions!