All Forum Posts by: Lucky B.

i have inheritance that i will receive from overseas . the inheritance has been in my family line for 2 generations , and i would be devastated/angry to know that if it has to be given away to my partner if we divorce , she and her future new husband could enjoy it what my family worked hard for. 

i also have assets here in the US both in my personal name, and a LLC. the assets i have are 2 rental properties with no mortgage worth over 1 million, and i just formed an LLC that i have been using to make investment. i need to sell the 2 properties next year. it will most likely happen AFTER I GET MARRIED. if i sell them after i am married will she be entitled to half in a divorce ? should i transfer the 2 homes into my LLC via a quit claim deed now before i get married ? can a florida lawyers include what i will received from overseas ?

i live in Florida.  i have more cash liquidty than she does. she only has about 20k.

please don't reply if you are broke and don't have anything. it is easy for you to justify and say idiotic things like , you are setting your self up for divorce, trying to get an easy way out, you don't trust your partner etc. i prefer someone with experience or divorced and a pre nup saved them. 

THE PERSON YOU MARRIED , IS NOT THE SAME PERSON YOU DIVORCED !

I was the successful bidder and unfortunately i paid 50k over the plaintiff max bid, well someone else was bidding the price up too, but long story short, i ended up selling the property, and i made some money. has there been any new laws or method to claim that money, the prior owners did not claim it. 

I am the type of person that likes to settle my debt, and problems quickly, so i contacted the HOA and asked them for a payoff because i thought that more fees and interest would be piling on since i inherited the debt.

Another investor told me that i should not have paid the HOA so quickly, that i should have let them go to the court. and get their money from the surplus funds. Is this correct ? If correct, can i get a lawyer to sue the HOA lawyer for misleading me, that i needed to pay them. The HOA payoff cost me 6k.

Also the clerk of the court verified that the surplus money is still with the court and if the HUD doesn't want it over so many months, then i would like to know if there is a way to get it .

HI, i am looking for answers to my question from people who can answer based on their own experience and knowledge, without telling me to contact an attorney . I bought a home at a judicial foreclosure sale and i am aware their was a HOA lien, but their never obtained an judgement because the bank has filed a lis pendens. now, the HOA attorney is jerking me around and directly told me their prefer to file a lis pendens after i have obtained COT. this is scary because all the money i paid is at risk of forclosure because the hoa doesn't want to settle with me, the new owner directly. is the attorney jerking me around, does he have some kind of game plan up his sleeved to make more money ?

my plan is to pay it off so that i can flip it, but the jerk for an attorney is playing a fast one on me in my opinion, .

There is a a property that i am interested in bidding on and two tax liens were file by the county tax collector, not the state.  The language in the tax lien states that it is a perfected lien against all real and personal property of the owner by the tax payer and tax collector has a claim without limitations to secure the payment of the debt due. 

The reason for the debt is because of the homeowner did not pay the tourist development tax. i suspect he used the home as a vacation home and never gave the county their tax.

The lien paperwork says the following tax in the amount to be determined by filing the required tax return or as determined by the tax collector ( this can be scary ).

Any advise on how to proceed ? if i win the property i will have about 80k equity/profit, but if the tax man starts a tax deed sale i will be screwed right ? is there a way i can negotiate directly with the tax collector and explain to them that i would be the new owner ? 

hello, can someone tell me if i should be concerned when a mortgage is assigned after a judgement is obtained and the auction date is set.  i am buying from the sheriff foreclosure sale. i am doing a title search, and i see the following ; judgement obtained by chase bank on 1/26/2018, and it was later assigned from Chase to VRTG ASSET TRUST on 9/21/18. 

Now the auction date is 10/12/2018. if i bid and win this auction, can VRTH foreclose on me.  Chase is the only mortgage ever on the house, but i need to be cautious about assignments . please advise if i have anything to worry about. i believe it will be ok, since i am really buying the original mortgage note,but i need to be sure about what this recently assignment can VRTH can mean for me.  

questions concerning Florida court foreclosure auctions

I am curious about why do some lenders disclose/show their minimum bid/reserve price at the court auction and some hide it. is it because their want money quicker to move on , and don't have the time to find agents to resell the property on the MLS, or on site like auction.com, hubzu and come etc etc ? or do they think it will attract more money than the judgement . I am just baffled.

second question, I also noticed some florida counties like Volusia for example discloses the minimum reservice price. it looks like the lenders in this county cannot hide their reserve. why is this ?

Hi Guys, i am very familar with all the areas in the Orlando area. I want to invest in a different part of Florida now. I want to buy a home that will appreciate in value. I was searching new area and came accross a town called Ruskin Fl near to Riverview. I am not too sure what the future developments are like shopping, business districts,VA hospital, school etc. Can you guys advise or give suggestion on any area that will soon be HOT in Florida, lets say 3 to 4 years from now where i can see about 50 percent apprecition in price. thanks.

It just occurred to me and i am sure there are many reason for not hurrying up to sell a home even if equity exists when facing a foreclosure suit. 

i am about to buy a home at the county auction, and the home is worth 300k and the judgement amount is 190k. why didn't the homeowner hire a realtor, and sell the home instead of losing all the equity in the foreclosure process. is it a lack of knowledge , a problem with the home itself, ignorance or they don't want to be bothered with the stress until the sheriff comes to escort them out the house ??