The lender will file a claim for any difference between what they can recover and what's owed.

I'm getting ready to file a complaint with the Florida AG.This company is a complete scam and should be avoided.Has anyone experienced the same thing or otherwise?

I flew into Pensacola and spent about 18 hours a day for an entire week cleaning up the property and getting it back in order and filing police reports (happened to be a felony because of the stolen fire extinguisher).

We only had one ex-buyer file a trespassing complaint but the cops (we know them all) were just glad it was not left abandoned so it was moot.One investor called me to ask if a recently vacated home was going to be available as his son was interested.

You could file a judgment at the courthouse but it’s a futile effort 99% of the time 

There’s also a pdf file that they gave for free , https://assets2.biggerpockets.com/uploads/user_file/file_object/329/UBG_2018.pdf.

.- There is a possibility of a homeowner filing bankruptcy after the auction which will complicate the eviction process and delay your possession.- There is a possibility of unpaid property taxes, HOA dues, city or state liens that may attach to the property and will become your responsibility and increase your costs.- If there are IRS liens against the owners, you won't be able to get title insurance for up to 180 days after the auction.

Whomever filed it out will be your first point of contact.It's not a deal until you have a signed contract.

Wow I just read your file Curt.

Not sure where you heard about it but I don't think this would be possible in any state that uses a Warranty Deed to file a mortgage.