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Subject:
Foreclosure in Florida
Category: Business and Money > Finance Asked by: steeeeven-ga List Price: $5.00 |
Posted:
09 Nov 2005 07:37 PST
Expires: 09 Dec 2005 07:37 PST Question ID: 591022 |
I need to find out what happened during and after a foreclosure in Seminole County, FL. How can I find out how much the bank sold the property for, and whether it paid of the mortgage or there was a balance? If there was a balance, would there be a judgement against me? If they sold it for more than the balance of the mortgage, would they owe me money? Obviously I have not posted specific information about the property or bank. If that's necessary, I can. But I am basically trying to figure out how I can find the answers to these questions. I have tried searching for the property on the Seminole County tax appraiser's website and title search, but there is no entry for the property. Also, general information about how these things usually work would be useful. This foreclosure was three years ago and I don't have much information from that time other than the address, the bank's name, and of course my personal information. |
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There is no answer at this time. |
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Subject:
Re: Foreclosure in Florida
From: myoarin-ga on 17 Nov 2005 17:24 PST |
I am surprised that you could find no entry for the property. Is this where you tried? http://www.seminoletax.org/RealEstateTaxesInfo.htm |
Subject:
Re: Foreclosure in Florida
From: steeeeven-ga on 17 Nov 2005 20:00 PST |
Well, I had tried that site, but I guess I didn't look hard enough before. I have now found the record. It shows how much I paid, then there's another entry for $100, and then it was sold for about $10,000 more than what I owed on it at the time of the foreclosure. I wonder what happens to that $10,000? Was it enough to pay for the costs associated with the foreclosure process? Do I still owe somebody some money? Do they owe me something (unlikely, I know)? These questions are not answered by the tax search. |
Subject:
Re: Foreclosure in Florida
From: myoarin-ga on 18 Nov 2005 19:07 PST |
glad you found it. I am no expert, but I expect that the bank bought it for the amount of its total claims: mortgage, accrued back interest and foreclosure expenses. |
Subject:
Re: Foreclosure in Florida
From: josh1707-ga on 06 Dec 2005 07:57 PST |
From the information you supplied it sounds like the property went back to the bank at the auction and then they sold it. There is a court file with all the information, the fact that it is 3 years old the file might have been destroyed by now. If not it will be available to view at the county courthouse. There should be a copy of the bid sheet from the auction to show who bought the property and for how much. If the property was sold for more than was owed the surplus goes to pay any additional lien holders against the property. If there are no additional lien holders the surplus belongs to the homeowner. If the property sold for less than was owed the lender has the option to get a defiency judgment against the homeowner. |
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