tax deed auctions

4 Replies

In a Florida tax deed  auction.Does it is mandatory to do a title seach in order to find out liens on the property besides municipal or county liens[IRS liens do not show up checking the city web],when and how can you approach the person living at the property that you are the new owner? It could be the owner or a tenant.

@Carlos Nunez  You should should the forums for Florida tax sale. I also would never do anything without a title search, but just my thoughts.

Carlos 

I never approach them after the sale for the first time because I had already approached them before the sale. Before the sale is the best time to try and do a deal and if you can't do a deal then at least you have had a chance to do something the other bidders at the sale haven't done and that is to inspect the property.

I don't know a darn thing about the Hurricane State. Almost moved there once to do some investing  but when my wife found out about the cockroach problem that idea was quickly put to rest. Does Florida have reinstatement rights? That was a tool I was able to use in other states.

Yes, you should do a title search.  The IRS liens DO show up on the County Clerk of Courts, Official Records search site.

Originally posted by @Carlos Nunez :

In a Florida tax deed  auction.Does it is mandatory to do a title seach in order to find out liens on the property besides municipal or county liens[IRS liens do not show up checking the city web],when and how can you approach the person living at the property that you are the new owner? It could be the owner or a tenant.

 You can find out the liens through public records available through your county clerk but make sure you are confident in your research skills.  Sometimes it's better for a beginner to pay $50-75 for a title search rather than making a far more costly mistake.  The IRS liens would be recorded with the county clerk so you should be able to find them if they exist.  

I always figure out if the property is occupied PRIOR to bidding.  There's generally no harm in trying to talk to the occupant prior to the auction, but keep in mind you need to be pretty polite about it and if they ask you to leave you need to get off the property.   I've had a lot of tenants that were quite helpful (and surprised the house was going to auction).   I always try to work with the tenants, owner occupants are generally a lost cause unless they want to sell prior to the auction.  

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