Representing Buyers and Sellers in Foreclosure Auctions in South Florida
With a depressed housing market, we are seeing an increase in foreclosure auctions throughout South Florida. The foreclosure auction process is not as clear-cut as many people think it is. If your home is being sold at a foreclosure auction, or if you are interested in buying a home through a foreclosure auction, speak with an experienced real estate lawyer.
At Ferrer Shane, PL, our Miami real estate attorneys have advised buyers and sellers involved in Florida foreclosure auctions. We understand the nuances involved on either side of the sale, and are able to put our knowledge and experience to work for homeowners and first-time home buyers alike. Call us toll free at 888-609-5947 to learn more about our foreclosure auction services.
The Foreclosure Auction Process
For sellers, losing one's home in a foreclosure auction can be a very terrifying and confusing experience. A seller's rights and options may not be made clear by the lender. Only an experienced foreclosure auction attorney who is dedicated to your best interests will provide you with the advice and information you need. Your attorney can also ensure that any surplus proceeds earned in the sale are returned to you.
For buyers, purchasing a home at a foreclosure auction can be a risky option. You are often left without the ability to inspect the home before you purchase it. And even after you purchase it, the original homeowner has the opportunity through something called a "right of redemption" to buy back the property within a certain period of time.
Interested in Buying Foreclosed Property in Miami-Dade County?
Miami-Dade County currently has an online mortgage foreclosure system, which allows interested parties to place online bids on foreclosed properties. Our lawyers can help you understand how this bidding program works and what you can expect from the process.
Contact Our South Florida Law Firm to Learn More
Whether you are a snowbird travelling from the northern parts of our country or a homeowner who is facing foreclosure, our Miami-based real estate firm is available to represent you throughout the foreclosure auction process. Call us toll free at 888-609-5947 or e-mail our real estate lawyers to schedule your consultation.
