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All Forum Posts by: Steven Cevallos

Steven Cevallos has started 1 posts and replied 2 times.

Post: Miami Foreclosure Auction

Steven CevallosPosted
  • Posts 2
  • Votes 0

Thank you all for replying and providing useful information! I only have 5k to invest so I don't think buying a foreclosure property is possible at the moment. I am looking at county held Tax Liens, not deeds, maybe that's a more realistic approach to invest? Any experiences buying liens in Florida? or where would you suggest I invest? Again thank you all!

Post: Miami Foreclosure Auction

Steven CevallosPosted
  • Posts 2
  • Votes 0

Hello Everyone,

I'm new at this and don't really know much about investing in real estate. I know we have a website, realforeclose, where foreclosure properties are sold on online auctions. I did some research here and there and from my understanding when buying foreclosure properties online all the liens will be "wiped out" if and only you bought the first lien. Now I have a few questions regardings this, how do I check if it is indeed the first lien and also here in Florida if the tax deed has been sold to someone else they might be able to get the house even after I bought it at the auction, how do I check the taxes have been paid in full and no one has the tax deed. The last question I have is if there are any lenders that work with this kind of property buying?

Thank you in advance!