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When a property is purchased from a sheriff sale in Florida does it give the high bidder clear title to the property?
Wiki User
∙ 13y ago
No. A sheriff's deed usually carries a warning that it does not represent that the debtor owned any interest in the property. You should have a comprehensive title examination performed by a professional to determine whether additional liens exist. A sheriff's deed is a good indication that the owner was in serious debt.
Wiki User
∙ 13y ago
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What is the public sale property to the highest bidder?
auction
Is property sold to the highest bidder at a trustee sale?
auction
What is the summary of judgment and foreclosure sale date in Florida?
In Florida, a judgment is a court ruling that confirms a debt owed by a party. A foreclosure sale date is set when a property owner fails to repay a mortgage, and the lender seeks to sell the property to recover the debt. This process allows the lender to auction the property to the highest bidder in order to satisfy the outstanding mortgage debt.
What is the the statute of limitation on a quiet title in the state of Florida?
Quoted from Answers.com; Wikipedia Florida has no redemption period. The winning bidder is provided a tax deed. A quiet title action must still be filed to obtain title insurance, however a tax deed in Florida is a sellable title. The title to the property becomes fully insurable four years after the date of the tax deed sale. Cases in which individuals were able to recover their property after a tax deed auction in Florida are extremely rare. They will take a court action and an extensive period of time. Also in Florida any improvements made on the property during the time the tax deed holder is in possession of the property must be reimbursed by the original owner should they be successful in their lawsuit to recover their property.
What is a foreclosure deed?
A foreclosure deed is the deed required to be filed by the winning bidder at the auction, usually within 30 days, assuming the bidder is able to complete whatever s/he needs to actually pay for the property.
What did Bidder's Edge do that was different than eBay's normal customers Why does it matter to eBay?
I think that Bidder's Edge trespassed on eBay's property which has potential to cause them harm if enough companies engage in their automated access process
What is a referee deed?
A Referee Deed is used in foreclosures. The Referee's Deed is what is given to the highest bidder at an auction of a foreclosed property.
Can you get cheap PS3 games?
Used PS3 games can be purchased for as low as $5 and sometimes even lower on Ebay you can be the only bidder at 99 cents
Do you still owe real estate taxes after foreclosure?
The property taxes are owed by the owner. When the property is sold at auction the debt stays with the property. If the winning bidder is the lender then the lender ends up with the obligation. Until the tax is paid a lien will remain on the property's title.
How does a bidder pay at an auction that the bidder has won?
cash
What is a bidder?
A bidder is a person who bids for an item, for example, at an auction.
When was Birgit Bidder born?
Birgit Bidder was born in 1986.
