Foreclosure is the process by which the mortgagor’s (borrower’s) interest in the property is terminated. The property is generally sold to satisfy the debt in whole or part. Florida law requires judicial sale, which is conducted by a public auction, with the highest bidder taking the property. The lender may bid at the sale and is often the highest bidder.
Residential Foreclosures
Florida currently has more pending residential foreclosure cases than any other state. If you are a Florida homeowner in foreclosure or believe you are about to enter into foreclosure, our attorneys can assist you, whether your goal is to keep your home, avoid a deficiency judgment, or both.
Foreclosure Purchasers / Investors
If you intend to purchase a home or other piece of property at a foreclosure auction, it is critical to have the title, mortgage, and court file reviewed prior to the sale. Failure to do so may result in severe title problems for your new piece of property. We can represent you from start to finish, including attending the auction for you.