All Forum Posts by: Mark Bosworth

I'm sending letters to properties that appear either vacant or not well maintained in my local area (FL).  I searched the property appraiser's site and found the person that the county says is the current owner.  However, when searching this person's name in the court records it appears that the "owner" executed a Quit Claim deed to another owner over 10 years ago.  What gives?  Does anyone know why the property appraiser's site would reflect information for someone who has not owned the property in over a decade?

(Also, in looking at the tax bill it is still in the name of the original owner and not the new owner)

I'm pretty certain I'm missing something easy... just don't see it.

Wayne Brooks is 100% correct.  As a small tip on your search, use the clipboard function on your computer to copy the owners name from the property appraiser's site and then past it into the County Clerk of Court site.  For some reason, if I try to physically type the name into the County Court site I never get any results. 

Perfect @Stan Butler.  I'm pretty certain I can just take down a fence and back a truck right up.  Just need to check if there are any trees in the way.  What kind of companies did you contact for the demolition?  

Great thread!  I was looking at a property with the same issue.  

Is the consensus that you can use your concrete deck to fill your pool and not haul much dirt in?

Thanks for the suggestions.  I'll have to start looking for my local knock down cabinet supplier!

Hi All,

I have a potential flip that needs a new kitchen.  Who do you use for inexpensive kitchen cabinets?  Big box store?  In the past I had an awesome custom cabinet guy but I've moved to a new area and don't have one yet.

Thanks!

Thanks for the reply Gerald!  A couple of follow ups?

1)  Does the termite company have to repair the damage or can you get another contractor to repair?

2)  I assume the "certificate" comes from the termite company because they are certifying it to be termite free?  (Will they not issue the certificate if they were not the ones to do the repair work?)

I'm looking at a property with termite damage where the listing explicitly says that the home will not qualify for bank financing because of termite damage.  I'm fine with repairing it and selling it, if the numbers work.  But I'm unclear what type of certification the property will need so that I can sell it to someone who would get financing.  Anyone know what needs to happen?  Is it as simple as having a clear inspection report from a termite company?

Thanks Brandon & Patrick.  Good advice.  I guess there is just not a silver bullet here.  I thought perhaps there was something obvious I was missing.

As a side note, virtually all the auctions won by third party bidders go to one local investor. So he has figured out the code.... but he probably does not want to share.  I'll look into tax deed properties.

Thanks for the help!

I'm having a hard time understanding which Florida foreclosure auctions can actually be won by a third party bidder, and would love some help.  After looking at about 6 months worth of my local transactions, probably 95% of the auctions are won by the plaintiff.  (Makes perfect sense, because they can use the money they are owed by the borrower to bid).  

In virtually all cases, the total amount of the judgement is way over the value of the property so the lender can easily win almost every auction with no cash expenditure.  However, in some cases a "Third Party Bidder" wins the auction.  

So which auctions can a third party bidder win?  It is economically unfeasible to bid on every auction in the hope of winning a couple because you really have to pay for a title search on the property before bidding.  Theoretically, there is a "Plaintiff Max Bid" field in the online auction process but this is never revealed.  

The only thing I can think of is that perhaps a Third Party Bidder has a better chance of winning when the property value to judgement amount ratio is relatively low.  

Anyone with experience winning Florida auctions?